Jan 14, 2022By: Rounak Jain
Media reports suggest that the telco is considering raising up to $1 billion via foreign currency convertible bonds to pay its vendors and invest in its network.
Partnered with US-based Ciena to upgrade its broadband network to offer 5G services.
Signed a memorandum of understanding worth ₹5.95 lakh crore in green energy and other projects in Gujarat.
India’s largest private bank will declare its December quarter results tomorrow, and analysts expect it to be a good three months.
The IT services company reported a nearly 10 percent surge in net profit to ₹438 crore in the December quarter, while revenue increased 5.2 percent in constant currency terms, quarter-on-quarter.
The IT major will declare its December quarter results today. Analysts expect a nearly 4 percent dollar revenue growth and margins at around 20 percent.
Rakesh Jhunjhunwala upped his stake in Tata Group's jewellery maker. He, along with his wife now own a 5.09 per cent stake in the company.
HDFC Bank, HCL Tech, Gujarat Hotels, Metro Brands, Indokem, Ashirwad Capital, Tinplate Company of India, Onward Technologies, among others.
Its net profit more than halved to ₹36 crore, while revenue surged over 31 percent to ₹690 crore, year-on-year.
Recommended bonus issue of equity shares in the ratio of 1:1.
Raised ₹234 crore via issue of 30 lakh preference shares to Integrated Coal Mining Ltd.