Aug 4, 2021
By: Rounak Jain
Credit: BCCL
The Sunil Mittal-led telco reported a net profit of ₹284 crore in the June quarter versus ₹759 crore three months ago. This is Airtel’s second subsequent profitable quarter in several years. In June last year, it had posted a loss of ₹15,933 crore.
Credit: BCCL
Revenue increased to ₹26,853 crore, up 15 percent in the last 3 months. Avg Revenue Per User edged up to ₹146 from ₹145.
Credit: Bharti Airtel
Bounced back in the black with a net profit of ₹266 crore in the June quarter as against a loss of ₹66 crore a year ago. Revenue more than doubled to ₹12,579 crore as against ₹5,265 crore, year-on-year.
Credit: Adani Enterprises
Bagged a supply chain modernisation contract from the US-based multinational food products company, Rich Products.
Credit: Tata Consultancy Services
SBI, Titan Company, HPCL, Adani Total Gas, Adani Green Energy, Godrej Consumer Products, Tata Communications and more.
Credit: Pixabay
Apollo Tyres, PNB Housing Finance, Borosil Renewables, Sumitomo Chemical India, Tata Steel BSL, Thomas Cook (India), among others.
Credit: Pixabay
Two new IPOs - Windlas Biotech, and Exxaro Tiles, open today.
Credit: Flickr
S&P has upgraded Tata Steel’s long-term debt rating saying the debt level and finance cost may decline materially over the next two years.
Credit: Tata Steel
Both tea exports and the coffee chain Starbucks recovered but not strongly enough until the second half of June, the management reportedly said.
Credit: Tata Consumer
Profit fell 42 percent in the June quarter to ₹200 crore. Revenue surged 11 percent to ₹3,008 crore in the same period.
Credit: Tata Consumer
Relaunched Naproxen Sodium tablets – a pain reliever – in the US after receiving approval from the US Food and Drug Administration.
Credit: Dr. Reddy's Laboratories
To raise up to ₹2,500 crore through sale of shares and rights to institutional investors before March 2022.
Credit: BCCL