Jul 9, 2021
By: Rounak Jain
Credit: BCCL
Reported a 28.5 percent jump in net profit to ₹9,008 crore in the June 2021 quarter, while revenue jumped by 18.5 percent to ₹45,411 crore – both below market expectations.
Credit: TCS
Signed a contract worth ₹499 crore with the Ministry of Defence to manufacture and supply Akash missiles to the Indian Air Force.
Credit: Bharat Dynamics
Delta Corp, Madhucon Projects, Metalyst Forgings, Valencia Nutrition, Excel Realty N Infra, Integrated Capital Services, Mapro Industries, K&R Rail Engineering.
Credit: Pixabay
Its acquisition of a 20 percent stake in Ideal Finance is complete, taking its total shareholding to 58.2 percent.
Credit: Mahindra & Mahindra Financial Services
CARE has upgraded the long-term credit rating of the company to AA Plus from AA. The outlook has been upgraded to Stable from Negative.
Credit: Tata Steel
Inked a two-year memorandum of understanding with Jammu & Kashmir Bank to offer easy financing options to its customers.
Credit: BCCL
Has accepted bids for Basel-III compliant bonds worth ₹1,150 crore.
Credit: Union Bank of India
Its crude steel production fell by 6 percent in the June 2021 quarter to 0.14 metric tonnes, quarter-on-quarter, but jumped by 76 percent year-on-year.
Credit: JSW Ispat Special Products
CARE downgraded the company’s outlook to Negative from Stable.
Credit: Texmaco Rail & Engineering
RBI has levied a penalty of ₹1 crore for violating directions around lending and bank financing facilities to non-banking financial companies.
Credit: Jammu & Kashmir Bank