Feb 18, 2022
By: Rounak JainReported a 20 percent fall in net profit to ₹387 crore in the December quarter, while revenue grew over 8 percent to ₹3,706 crore in the same period.
Credit: Nestle-India
Its telecom arm, Reliance Jio, reported a loss of 13 million subscribers in December 2021, its second biggest fall yet.
Credit: Reliance
Continued the momentum of adding subscribers with 0.5 million additions in December 2021.
Credit: BCCL
Continued on its downward trajectory with a loss of 1.6 million subscribers in December 2021.
Credit: BCCL
Profit fell sharply by 56 percent to ₹431 crore while revenue rose marginally by 2 percent to ₹7,625 crore, year-on-year.
Credit: Ambuja-Cements
Received USFDA approval for its supplemental new drug application for Solosec, used in the treatment of bacterial vaginosis and trichomoniasis.
Credit: Lupin
Hero Electric withdrew its injunction application against the company to stop Hero MotoCorp from using the name ‘Hero’ for its electric vehicles.
Credit: Hero-MotoCorp
Ratings agency CRISIL upgraded the long-term credit rating of the company’s non-convertible debentures to ‘AA Stable’ from ‘AA Positive’.
Credit: Torrent-Power
Launched a new product called Bajaj Coco Onion, a new version of coconut oil.
Credit: Bajaj-Consumer