Oct 26, 2021By: Rounak Jain
It has confirmed that it will opt for the four-year AGR and spectrum dues moratorium announced by the Indian government.
Reported a decline of 1 percent in net profit to ₹1,339 crore, while revenue was up 7 percent to ₹10,881 crore, quarter-on-quarter.
The company will declare its September quarter results today.
Its board will consider a proposal to raise funds via a medium-term note programme worth $750 million, starting with an issue of $300 million.
Bajaj Finance, Axis Bank, Kotak Mahindra Bank, Cipla, Torrent Pharma, Greenlam Industries, Zensar Technologies, Gati, Mahindra Lifespace Developers, among others.
Received approval from the Competition Commission of India for its acquisition of a 4.99 percent stake in HDFC Ergo General Insurance.
Reported a 77 percent decline in net profit to ₹42 crore, while revenue was up 24 percent at ₹2,452 crore, year-on-year.
Reported a tepid increase of 2 percent in its net profit to ₹344 crore, while revenue surged 19 percent to ₹542 crore, year-on-year.
Its subsidiary Jaguar Land Rover has reportedly been forced to cut production due to the continued shortage of semiconductor chipsets.