Apr 15, 2021By: Rounak Jain
Its March 2021 quarter profit fell 2.3 percent, but revenue increased by 1.5 percent quarter-on-quarter. It has also approved ₹9,200 crore share buyback plan.
The Bengaluru-based IT services giant will announce its March 2021 quarter earnings today.
It plans to raise up to ₹50,000 crore over the next 12 months by way of Tier-II capital bonds, long-term bonds and perpetual debt instruments.
Indian oil companies will be in focus after strong data from China, rising tensions in the Middle East sent crude oil prices upwards by 4.5 percent.
Its worldwide sales jumped by 43 percent, crossing 3.3 lakh units in the March 2021 quarter.
It will distribute 250 million doses of the Sputnik V vaccine and is in talks with the Indian government on pricing.
Its board has approved Aditya Birla Sun Life AMC’s initial public offer (IPO), through which over 3.8 crore shares will be made available for subscription.
It registered a 47 percent increase in sales of CNG cars, with 1.57 lakh units sold through 2020-21.
The telco has announced a new corporate structure that unifies its digital properties to enable it to unlock value in the future.
The company has denied reports of alleged data breach, but has appointed a cybersecurity consultant to perform an audit of its systems.