Feb 15, 2022
By: Rounak Jain
Credit: BCCL
Its subsidiary Jio Platforms will invest $200 million in smartphone lockscreen platform Glance to help it accelerate its launch in other markets.
Credit: Reliance
Jio Platforms also announced setting up a joint venture with SES, a Luxembourg-based company to offer satellite broadband services in India.
Credit: Reliance
Reported a loss of ₹12 crore as against a profit of ₹297 crore a year ago. Revenue shot up 61 percent to ₹18,758 crore in the same period.
Credit: Adani Enterprises
Losses ballooned to ₹1,063 crore, from ₹847 crore a year ago. However, revenue surged 87 percent to ₹2,816 crore.
Credit: BCCL
Signed an agreement with Foxconn to set up a joint venture to manufacture semiconductor chipsets in India, with Vedanta being the majority shareholder.
Credit: Vedanta
Reported a strong increase in profit to ₹4,557 crore, a jump of 48 percent year-on-year, while revenue rose 20 percent to ₹28,434 crore.
Credit: BCCL
Net profit declined 14 percent to ₹456 crore while revenue was largely flat with an increase of 2 percent to ₹2,881 crore, year-on-year.
Credit: Eicher Motors
Its board meeting to approve December quarter results could not take place on February 14 as the audit committee meeting remained inconclusive. The board will now consider its results today.
Credit: BCCL
Profit for the December quarter surged 28 percent to ₹80 crore while revenue jumped 58 percent to ₹561 crore, year-on-year.
Credit: Natco Pharma