Nov 12, 2021
By: Rounak Jain
Credit: BCCL
Reported a seven-time jump in net profit to ₹12,548 crore in the September quarter thanks to an increase in steel prices, among other operational and capacity improvements.
Credit: Tata Steel
At ₹12,548 crore, Tata Steel’s net profit was just ₹1,132 crore lower than RIL’s consolidated net profit from its oil, retail and telecom businesses. CLSA has raised Tata Steel’s target price by 50 percent.
Credit: Tata Steel
Gearing up to launch Merck’s Covid-19 pill in India under the name Molxir. The Indian drug controller DCGI is currently reviewing clinical data for its use in treatment of Covid-19 in adults.
Credit: Sun Pharma
Net profit trebled to ₹270 crore in the September quarter, while revenue increased 15 percent to ₹1,979 crore, year-on-year.
Credit: Zee Entertainment
Hero MotoCorp, Coal India, Grasim Industries, Amara Raja Batteries, ONGC, Mrs Bector's Food Specialties, Bharat Forge, Burger King, Force Motors, Ashok Leyland, 3M India, Abbott India, Coffee Day Enterprises, among others.
Credit: Pixabay
Latent View Analytics IPO subscribed 23.22 times on Day 2. Fino Payments Bank to debut on the stock exchanges today.
Credit: Flickr
If you have an H-1B visa, your spouse can get automatic work authorisation in the US, after the Joe Biden administration settled a lawsuit.
Credit: Unsplash
Launched an automotive e-commerce solution Click-Shift-Drive to help auto companies and dealers to offer an end-to-end vehicle buying experience online.
Credit: Wipro
Net profit fell 11 percent year-on-year to ₹286 crore as the company shored up provisions to guard against defaults. Revenue fell 12 percent to ₹2,233 crore in the same period.
Credit: Indiabulls Housing Finance
Moody’s upgraded the company’s rating to Ba2 which is a step above from Ba3, but it is still considered a non-investment grade rating.
Credit: Tata Power