May 19, 2021
By: BI India BureauSpecified Undertaking of the Unit Trust of India (SUUTI) to sell up to 36 million shares of Axis Bank via offer for sale. The floor price is set at ₹680 per share.
Credit: BCCL
It reported a reduction in loss to ₹7,605 crore in the March 2021 quarter from ₹9,894 crore, while revenue increased 41 percent to ₹88,628 crore, year-on-year.
Credit: BCCL
Its subsidiary, JSW Hydro Energy, has raised $707 million via senior secured notes in dollar denomination.
Credit: JSW-Energy
Indian Oil Corporation, JK Tyre & Industries, Indiabulls Housing Finance, Heritage Foods, SML Isuzu, Shriram Asset Management, Rane Engine Valve, Zuari Agro Chemicals.
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IndiGo and SpiceJet have reported a further decline in passenger load factor in April to 59 percent and 71 percent respectively, down from 66 percent and 77 percent in March.
Credit: BCCL
It announced a strategic partnership with Majesco to serve their joint customers in rolling out IT upgrades.
Credit: IANS
It reported a 3 percent increase in its net profit in the March 2021 quarter to ₹324 crore, but revenue fell marginally to ₹1,937 crore from ₹1,946 crore, year-on-year.
Credit: Torrent-Pharmaceuticals
Life Insurance Corporation of India has increased its shareholding in the company to 7.026 percent from 5.01 percent by further acquiring 48.3 million shares.
Credit: Sun-Pharma
It reported a decline in its March 2021 quarter net profit to ₹14 crore from ₹138 crore, while revenue increased 5 percent to ₹814 crore, year-on-year.
Credit: Wikimedia
Its March 2021 quarter net profit jumped by over three times to ₹351 crore from ₹108 crore, while revenue increased to ₹3,128 crore from ₹2,298 crore, year-on-year.
Credit: Jindal-Stainless-Hisar