Jan 25, 2021
By: Navdeep YadavStandalone profit-after-tax grew 20 percent, retail revenue shrank while Jio clocked its lowest user growth in 7 quarters
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The Aditya Birla Group company board approved an investment of up to ₹5,000 crore over the next 3 years.
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The company hiked its cars' prices by up to ₹20,000 to offset rising input costs and semiconductors.
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The cash-strapped DHFL administrator has issued the Letter of Intent (LoI) to Piramal Enterprises.
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The company has proposed to make payment of the interest within 30 days from the interest due date.
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The chain raised ₹1,170 cr by allotting shares to buyers such as Goldman Sachs Singapore, BNP Paribas Funds and others.
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The company will sell its entire shareholding in its non-operative subsidiary for a consideration of ₹30 crore.
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The company has entered into a securities purchase agreement worth ₹133 crore in Uttar Pradesh.
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The wholly-owned subsidiary received an order from NTPC to set up a 320 MW ground-mounted solar PV project.
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