Power Grid falls despite reporting 6% rise in Q4 consolidated net profit
Power Grid Corporation Of India is currently trading at Rs. 231.25, down by 1.75 points or 0.75% from its previous closing of Rs. 233.00 on the BSE. The scrip opened…
RBI takes steps to mitigate impact of second wave of COVID-19: RBI Deputy Governor
Asserting that the second wave of COVID-19 has posed some challenges, RBI Deputy Governor M K Jain has said that both the central bank and the government have taken steps…
S&P Global affirms ICICI Bank’s long-term, short-term ratings
Credit rating agency — S&P Global Ratings has affirmed ICICI Bank’s long-term rating at ‘BBB-‘ and short-term issuer credit rating at ‘A-3’. Credit rating agency has revised the rating outlook…
Adani Transmission incorporates wholly owned subsidiary company
Adani Transmission (ATL) has incorporated a Wholly Owned Subsidiary company in the name of ‘ATL HVDC’ on June 16, 2021 for transmission, distribution and supply of power and other infrastructure…
Infosys arm unveils digital banking SaaS offering for UCBs in India
Infosys Finacle, part of EdgeVerve Systems, a wholly owned subsidiary of Infosys, has unveiled its digital banking SaaS (Software-as-a- Service) offering for Urban Cooperative Banks (UCBs) in India. The platform…
Bharti Airtel upgrades mobile network in Odisha
Bharti Airtel has upgraded its mobile network in Odisha by deploying an additional 5 Mhz of spectrum in the superior 900 MHz band for high-speed 4G services to enhance indoor…
GE Power bags three separate orders worth Rs. 125 crores
GE Power India (GEPIL) has bagged three separate orders worth Rs 125 crore ($16.54 million) for the upgrade of the coal-fired power plants equipment from STEAG Energy (for Vedanta), Tata…
Oracle Financial Services Software Ltd. – Q4 FY 2020-21 Earning Snapshot
The revenue declined to Rs. 8967.50 millions for the quarter ended March 2021 as compared to Rs. 9063.56 millions during the corresponding quarter last year. Net profit declined -17.85% to…
Godrej Industries Ltd.
The March 2021 quarter revenue stood at Rs. 5475.50 millions, up 17.45% as compared to Rs. 4661.80 millions during the corresponding quarter last year. The Net Loss for the quarter…
Relaxo Footwears Ltd. – Q4 FY 2020-21 Earning Snapshot
The sales figure stood at Rs. 7476.80 millions for the March 2021 quarter. The mentioned figure indicates a growth of about 38.31% as compared to Rs. 5405.80 millions during the…