Corporates

ICICI Bank Q3 Net Profit Rises 19% To Rs 6,536 Crore

ICICI Bank Q3 Net Profit Rises 19% To Rs 6,536 Crore

Edited by Animesh Singh | Saturday January 22, 2022, New Delhi

On a standalone basis, ICICI Bank recorded a 25 per cent rise in post-tax profit at Rs 6,194 crore for quarter, up from Rs 4,939.59 crore of last year

Yes Bank's December Quarter Profit Rises 77% To Rs 266 Crore

Yes Bank's December Quarter Profit Rises 77% To Rs 266 Crore

Edited by Animesh Singh | Saturday January 22, 2022, New Delhi

Yes Bank on Saturday reported a 77 per cent rise in profit to Rs 266.43 crore for the third quarter ended December 2021

Jio Completes 5G Coverage Plans For Top 1,000 Cities

Jio Completes 5G Coverage Plans For Top 1,000 Cities

Press Trust of India | Saturday January 22, 2022, New Delhi

Jio has completed 5G network coverage planning for top 1,000 cities in the country

Vodafone Idea Q3 Loss Widens To Rs 7,231 Crore

Vodafone Idea Q3 Loss Widens To Rs 7,231 Crore

Edited by Animesh Singh | Saturday January 22, 2022, New Delhi

Consolidated revenue from operations declined by 10.8 per cent to Rs 9,717.3 crore from Rs 10,894.1 crore in the year-ago period for Vodafone Idea

PTC India Board To Meet On January 22 Over Allegations Of Irregularities

PTC India Board To Meet On January 22 Over Allegations Of Irregularities

Reuters | Friday January 21, 2022, New Delhi

PTC India will hold its first board meeting on Saturday following recent allegations of lapses in governance and operations at its financial lending units.

Walmart Asks Indian Sellers To Expand In US Using Its Marketplace

Walmart Asks Indian Sellers To Expand In US Using Its Marketplace

Asian News International | Thursday January 20, 2022, Bengaluru (Karnataka)

The world's largest retailer Walmart has invited Indian sellers to use its delivery infrastructure and marketplace for reaching out to customers overseas.

HUL Q3 Profit Rises 18.68% To Rs 2,300 Crore; Net Sales Up 10.25%

HUL Q3 Profit Rises 18.68% To Rs 2,300 Crore; Net Sales Up 10.25%

Press Trust of India | Thursday January 20, 2022, New Delhi

FMCG major Hindustan Unilever Ltd on Thursday reported an 18.68 per cent increase in consolidated net profit to Rs 2,300crore for the third quarter ended December 2021.

Relief For HCL Tech As Company Law Tribunal Stays Insolvency Proceedings

Relief For HCL Tech As Company Law Tribunal Stays Insolvency Proceedings

Press Trust of India | Thursday January 20, 2022, New Delhi

In a major relief to IT firm HCL Technologies, the National Company Law Appellate Tribunal (NCLAT) has stayed the insolvency proceedings initiated against it on a plea filed by a creditor.

Bajaj Auto December Quarter Profit Falls 17% To Rs 1,430 Crore

Bajaj Auto December Quarter Profit Falls 17% To Rs 1,430 Crore

Press Trust of India | Wednesday January 19, 2022, New Delhi

Bajaj Auto on Wednesday reported a 17 per cent decline in its consolidated profit after tax to Rs 1,430 crore for the third quarter of current fiscal

JSW Energy December Quarter Net Profit Jumps Two-Fold To Rs 324 Crore

JSW Energy December Quarter Net Profit Jumps Two-Fold To Rs 324 Crore

Edited by Animesh Singh | Wednesday January 19, 2022, New Delhi

JSW Energy recorded a two-fold rise in its consolidated net profit at Rs 324 crore for the December quarter of the current fiscal

Days After Viral Abuse Video, BharatPe Founder Goes On Long Leave

Days After Viral Abuse Video, BharatPe Founder Goes On Long Leave

Edited by Animesh Singh | Wednesday January 19, 2022

Co-founder and managing director of fintech company BharatPe, Ashneer Grover has taken voluntary leave till March-end

Hero Electric, Mahindra To Collaborate In Electric Vehicle Space

Hero Electric, Mahindra To Collaborate In Electric Vehicle Space

Press Trust of India | Wednesday January 19, 2022, New Delhi

Hero Electric and Mahindra Group on Wednesday announced a strategic pact in the electric vehicle segment

Sony's Shares Fall On Microsoft-Activision Deal

Sony's Shares Fall On Microsoft-Activision Deal

Agence France-Presse | Wednesday January 19, 2022

Sony's shares plunged Wednesday, ending down nearly 13 per cent after Microsoft announced a $69 billion deal to buy gaming giant Activision Blizzard

Bajaj Finance Records 85% Jump In Third Quarter Profit At Rs 2,125 Crore

Bajaj Finance Records 85% Jump In Third Quarter Profit At Rs 2,125 Crore

Edited by Animesh Singh | Tuesday January 18, 2022

Bajaj Finance Limited recorded a huge 85 per cent jump in its consolidated net profit at Rs 2,125 crore for the third quarter period of current fiscal

Reliance Retail Buys 54% Stake In Addverb Tech For $132 Million

Reliance Retail Buys 54% Stake In Addverb Tech For $132 Million

Press Trust of India | Tuesday January 18, 2022, New Delhi

Mukesh Ambani-led Reliance Retail has acquired a 54 per cent stake in domestic robotics company Addverb for $132 million