Aug 6, 2021
By: Rounak Jain
Credit: BCCL
Indian government has tabled a bill to scrap retrospective tax, which could benefit Vodafone Group Plc., in the ongoing dispute of ₹22,100 crore.
Credit: BCCL
While Vodafone has not paid the tax demand, there won’t be any refund, but the move is likely to inspire confidence among the beleaguered telco’s investors.
Credit: Vodafone Idea
Banks will be in focus ahead of the Reserve Bank of India’s bi-monthly monetary policy announcement.
Credit: Unsplash
Its subsidiary has invested ₹20 crore in Neolync Solutions, which manufactures mobile phones, telecom products and other computing devices.
Credit: Reliance Industries
Mahindra & Mahindra, Tata Power, National Aluminium, Torrent Power, Indigo Paints, Abbott India, MTAR Technologies, AU Small Finance Bank, Aarti Industries, among others.
Credit: Pixabay
Its net profit in the June quarter rose 24 percent to ₹715 crore, while revenue surged 27 percent to ₹5,504 crore, year-on-year.
Credit: Cipla
Sprung back in the black in the June quarter with net profit of ₹278 crore as against a loss of ₹682 crore a year ago. Revenue up to ₹6,569 crore, a surge of over 26 percent, year-on-year.
Credit: Adani Power
Production in July increased by 59 percent to 1,70,719 units against 1,07,687 units last year.
Credit: BCCL
Reported a 3.3 percent rise in net profit in the June quarter to ₹282 crore, while net interest income grew 4.7 percent to ₹765 crore, year-on-year.
Credit: Indiabulls Housing Finance
June quarter net profit jumped by nearly 5 times to ₹342 crore, while revenue increased by 27 percent to ₹2,977 crore, year-on-year.
Credit: Tata Chemicals