Apr 13, 2021
By: Rounak JainThe government has given an emergency use nod to Sputnik V vaccine that was being tested by the company in partnership with the Russian Direct Investment Fund.
Credit: Dr-Reddys
While the company’s net profit grew 15 percent year-on-year, it missed analyst estimates by a whisker.
Credit: IANS
It registered a 21 percent increase in loans and advances compared to the previous year, while deposits registered a growth of 37 percent.
Credit: Bandhan-Bank
It has been fined ₹25 crore by SEBI for mis-selling its AT-1 bonds on its “hapless” customers in the secondary market.
Credit: BCCL
It closed the qualified institutional placement (QIP) at ₹119.6 per share, which is at a discount of 4.92 percent compared to the floor price of ₹125.79.
Credit: Hindustan-Copper
Its subsidiaries, L&T Housing Finance and L&T Infrastructure Finance have been merged with the company with effect from April 12.
Credit: LT-Finance-Holdings
It has declared an interim dividend of ₹20 per share.
Credit: Muthoot-Finance
Its assets under management grew by 5.3 percent in the March 2021 quarter to ₹7,274 crore.
Credit: Satin-Creditcare
Stake purchase in the company by Rising Sun Holdings, Sanjar Chamaria and Mayank Poddhar has been approved by the Competition Commission of India.
Credit: Magma-Fincorp
It will issue 247 crore shares to the government at ₹16.6 per share, raising ₹4,100 crore.
Credit: BCCL