Jul 22, 2021By: Rounak Jain
The Supreme Court will give its verdict on the plea for re-computation of AGR dues. Bharti Airtel owes over ₹43,000 crore, while Vodafone Idea owes over ₹50,000 crore, according to the Department of Telecom.
Bharti Airtel has announced a collaboration with Intel for its 5G network development.
Announced that it will invest $1 billion (approx. ₹7,400 crore) over the next three years in cloud technologies, acquisitions and partnerships.
The Domino’s operator reported a net profit of ₹69 crore after reporting a loss of ₹74 crore a year ago, since the lockdowns had a major impact last year. Revenue surged by 130 percent to touch ₹893 crore.
Hindustan Unilever, Bajaj Auto, Hindustan Zinc, Ultratech Cement, Biocon, Mphasis, Indian Energy Exchange, IndiaMart InterMesh, Sterlite Technologies, Wockhardt, Bank of Maharashtra, IIFL Securities, Agro Tech Foods, India Pesticides, South Indian Bank, among others.
To issue US dollar denominated senior notes as it looks to repay existing debts and raise funds for capital expenditure.
Its US subsidiary has launched a blockchain network to modernise public recordkeeping for the County of Riverside in California.
Its net profit in the June 2021 quarter is down by 15 percent to ₹833 crore when compared to the previous quarter. Revenue is down by 9 percent at ₹13,949 crore, quarter-on-quarter.
Tatva Chintan Pharma Chem IPO subscribed by over 180 times at the end of Day 3. Glenmark Life Sciences has filed a DRHP for a ₹1,060 crore IPO.
Reported a 12 percent rise in net profit to ₹351 crore in the June 2021 quarter compared to a year ago. Revenue surged by 31 percent to ₹1,154 crore in the same period.