May 9, 2022
By: bhakti.makwana@timesinternet.in
Credit: BCCL
Mukesh Ambani's oil-to-telecom conglomerate reported a weaker than expected net profit and also reported a fall in profitability for the first time in FY22. Also, it is the first Indian company to near $100 billion revenue.
Credit: BCCL
The IT major’s UK-based subsidiary has acquired Switzerland-based digital banking and wealth management specialist Confinale AG, for 53 million CHF (Swiss Francs).
Credit: BCCL
Reported 31 percent percent on year growth in profit at ₹632 crore while revenue from operations rose by 15 percent to ₹11,960 crore during the same period.
Credit: BCCL
Larsen & Toubro (L&T) announced the merger of its two software companies, L&T Infotech and Mindtree. The combined entity will be known as LTIMindtree. After the merger, all shareholders of Mindtree will get 73 shares of LTI for every 100 shares.
Credit: Canva
The women’s clothing brand reported a 73 percent growth in year-on-year profit at ₹12 crore in the March quarter.
Credit: BCCL
Reserve Bank of India has approved the amalgamation of Equitas Holdings and Equitas Small Finance Bank.
Credit: Equitas Holdings
The company posted a 77 percent year-on-year growth in profit at ₹152 crore in the March quarter, while revenue grew by 50 percent to ₹1,314 crore.
Credit: BCCL
Today is the last day to subscribe to the LIC IPO that has been subscribed 1.79 times so far. Shares of Campus Activewear will list on exchanges.
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UPL, PVR, Infibeam Avenues, Godrej Agrovet, Vedant Fashions (Manyavar), Central Bank of India, CMS Info Systems among others
Credit: BCCL