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Adani Ports & SEZ 1st Indian infra firm to raise 20-year’s money from markets

Adani Ports & SEZ 1st Indian infra firm to raise 20-year’s money from markets

🕔14:47, 27.Jul 2021

Ahmedabad, July 27  Adani Ports and Special Economic Zone Ltd (APSEZ), the transport and logistics arm of the diversified Adani portfolio, had successfully priced a $750 million senior unsecured dollar notes issuance with 20 years and 10.5 years tranches at

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Tata Communications launches IZOTM Financial Cloud platform in India

Tata Communications launches IZOTM Financial Cloud platform in India

🕔14:43, 27.Jul 2021

Mumbai, July 27  Tata Communications, a global digital ecosystem enabler on Tuesday announced the launch of ‘IZOTM Financial Cloud, a purpose-built community cloud platform, enabling next-gen digital transformation, customised to meet the stringent data privacy and protection compliance and security

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Cashify acquires UniShop to empower Indian mobile retailers

Cashify acquires UniShop to empower Indian mobile retailers

🕔14:25, 27.Jul 2021

New Delhi, July 27  Re-commerce marketplace Cashify on Tuesday said it has acquired UniShop, an omnichannel retail solution platform, for an undisclosed sum. The new service line will be rebranded as PhoneShop to empower mobile retailers across the country. Casify

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L&T’s Q1FY22 consolidated net profit rise over 280%

L&T’s Q1FY22 consolidated net profit rise over 280%

🕔07:08, 27.Jul 2021

Mumbai, July 27  Industrial conglomerate Larsen and Toubro (L&T) on Monday reported a rise of 287 per cent increase in its consolidated net profit for the quarter ended June 30 of financial year 2021-22. The company’s Consolidated Profit After Tax

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Tata Motors’ consolidated net loss narrows to Rs 4,450.12 cr

Tata Motors’ consolidated net loss narrows to Rs 4,450.12 cr

🕔07:06, 27.Jul 2021

New Delhi, July 27  Automobile major Tata Motors’ consolidated net loss narrowed, on a year-on-year basis, to Rs 4,450.12 crore in Q1FY22. The automobile major had reported a net loss of Rs 8,443.98 crore in the year-ago quarter. According to

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Govt to sell 8% stake in HUDCO via OFS on July 27-28

Govt to sell 8% stake in HUDCO via OFS on July 27-28

🕔07:05, 27.Jul 2021

New Delhi, July 27  The Centre will sell up to 8 per cent shares in Housing & Urban Development Corporation Ltd (HUDCO) through offer for sale (OFS) on Tuesday and Wednesday. In a tweet, Tuhin Kanta Pandey, Secretary in the

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DLF’s Q1FY21 consolidated net profit at Rs 338.71 crore

DLF’s Q1FY21 consolidated net profit at Rs 338.71 crore

🕔07:02, 27.Jul 2021

New Delhi, July 27  Real estate major DLF on Monday reported a consolidated net profit of Rs 338.71 crore for the quarter ended June 30, 2021. It had reported a net loss of Rs 72.59 crore during the corresponding period

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Infosys paid Rs 164.5 cr for new IT e-filing portal: Govt

Infosys paid Rs 164.5 cr for new IT e-filing portal: Govt

🕔06:50, 27.Jul 2021

New Delhi, July 27  Amid issues with the newly-developed Income Tax e-filing portal, the government on Monday said that Infosys has been paid a total of Rs 164.5 crore under the project. In a written reply in the Lok Sabha,

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Vedanta’s consolidated Q1FY22 net profit zooms to Rs 4,280 cr

Vedanta’s consolidated Q1FY22 net profit zooms to Rs 4,280 cr

🕔05:19, 27.Jul 2021

New Delhi, July 27  Natural resources company Vedanta’s consolidated net profit for the quarter ended June 30 of the current financial year (2021-22) rose exponentially on a year-on-year basis. The consolidated net profit after taxes, non-controlling interests and share in

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Axis Bank’s Q1FY22 YoY net profit rises 94%

Axis Bank’s Q1FY22 YoY net profit rises 94%

🕔19:59, 26.Jul 2021

Mumbai, July 26  Lender Axis Bank on Monday reported a rise of 94 per cent in its net profit for the first quarter (Q1) of 2021-22 on a year-on-year basis. The net profit for the period under review rose to

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BYJU’s acquires Singapore-based Great Learning for $600M

BYJU’s acquires Singapore-based Great Learning for $600M

🕔16:21, 26.Jul 2021

New Delhi, July 26  BYJU’S has acquired professional and higher educational startup, Great Learning for $600 million. The partnership marks BYJU’S’ entry into the professional and higher education segment with a $1 billion commitment. The move combines BYJU’S leadership in

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Azad Engineering wins Boeing contract for aviation components

Azad Engineering wins Boeing contract for aviation components

🕔14:04, 26.Jul 2021

Hyderabad, July 26  Azad Engineering on Monday announced that it has won a contract from Boeing to manufacture and supply critical aviation components and parts for the global aerospace companys products. Azad Engineering has the capability to manufacture complex and

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RIL likely to produce natural gas from MJ field starting Q3FY23

RIL likely to produce natural gas from MJ field starting Q3FY23

🕔07:27, 26.Jul 2021

Mumbai, July 26  Reliance Industries Ltd (RIL) is likely to produce natural gas from the MJ field of the KG D6 block by the third quarter (October-December) of next fiscal. The company, in an investor presentation, said that the first

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OPPO group reaches 2nd spot globally in May

OPPO group reaches 2nd spot globally in May

🕔07:26, 26.Jul 2021

New Delhi, July 26  Global smartphone brand OPPO and its subsidiaries, including OnePlus and realme, captured the second spot in the global smartphone market during May, says a report. According to market research firm Counterpoint, OPPO and its subsidiaries with

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JSPL to launch bidding process for JPL divestment

JSPL to launch bidding process for JPL divestment

🕔18:52, 25.Jul 2021

New Delhi, July 25  Jindal Steel and Power Limited (JSPL) has decided to launch an additional transparent competitive bidding process for the proposed stake sale of its subsidiary Jindal Power Limited (JPL). After various rounds of discussions and negotiations, JSPL

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ITC’s YoY standalone net profit up over 28.6% in Q1FY21

ITC’s YoY standalone net profit up over 28.6% in Q1FY21

🕔18:49, 25.Jul 2021

New Delhi, July 25  FMCG major ITC on Saturday reported a 28.6 per cent increase in its standalone net profit for the first quarter of 2021-22 financial year. The net profit during the quarter under review grew to Rs 3,013

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ICICI Bank’s YoY Q1FY22 standalone net profit up 78%

ICICI Bank’s YoY Q1FY22 standalone net profit up 78%

🕔18:48, 25.Jul 2021

Mumbai, July 25  Private sector lending major ICICI Bank on Saturday reported a rise of 78 per cent in its standalone net profit for the first quarter of FY 2021-22. On a standalone basis, the profit after tax grew to

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E-commerce rules: CAIT calls for strict monitoring, says draft norms to end acrony capitalism

E-commerce rules: CAIT calls for strict monitoring, says draft norms to end acrony capitalism

🕔18:30, 25.Jul 2021

New Delhi, July 25  Describing the draft e-commerce rules as a perfect set of guidelines for conducting structured and transparent e-commerce business in India, the Confederation of All India Traders (CAIT) has said that the rules if implemented would end

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ICICI Bank’s YoY Q1FY22 standalone net profit up 78%

ICICI Bank’s YoY Q1FY22 standalone net profit up 78%

🕔11:45, 25.Jul 2021

Mumbai, July 24 (IANS) Private sector lending major ICICI Bank on Saturday reported a rise of 78 per cent in its standalone net profit for the first quarter of FY 2021-22. On a standalone basis, the profit after tax grew to

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ITC’s YoY standalone net profit up over 28.6% in Q1FY21

ITC’s YoY standalone net profit up over 28.6% in Q1FY21

🕔11:43, 25.Jul 2021

New Delhi, July 24 (IANS) FMCG major ITC on Saturday reported a 28.6 per cent increase in its standalone net profit for the first quarter of 2021-22 financial year. The net profit during the quarter under review grew to Rs 3,013

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