Data Edge: Data Edge stated it would promote stake price Rs 750 crore within the IPO of its investee firm Zomato. In a regulatory submitting, Data Edge stated Zomato — an internet meals supply platform — is proposing an IPO of its fairness shares, comprising a recent concern of fairness shares by Zomato Ltd and a suggestion on the market by Data Edge.
Bajaj Finserv, Biocon: Bajaj Finserv, Biocon, Tata Communications, Carborundum Common, KPR Mill and UTI Asset Administration Firm, KPIT Tech are amongst corporations which is able to disclose their quarterly earnings at present.
Axis Financial institution: The non-public lender posted a consolidated web revenue of Rs 2,960.40 crore for the March quarter, as in opposition to a lack of Rs 1,250 crore within the year-ago interval, and warned of a direct enterprise impression due to the second wave of Covid throughout segments.
Bharti Airtel: OneWeb stated it has secured $550 million (about Rs 4,100 crore) in funding from Eutelsat Communications, which is able to get about 24 per cent stake within the broadband satellite tv for pc communications firm. Bharti-group backed OneWeb stated that the brand new funding would take the entire funding to $1.9 billion in recent fairness.
PNB Housing Finance: The HFC reported a consolidated web revenue of Rs 127 crore for the final quarter of fiscal ended March 2021. The corporate had posted a web lack of Rs 242 crore in similar quarter a yr in the past. Sequentially, the revenue was down from Rs 232.40 crore in Q3 FY21.
HDFC Asset Administration Firm: The AMC reported a 26.52 per cent progress in revenue after tax (PAT) at Rs 316.08 crore for the three months to March 2021. As compared, the corporate had posted a PAT of Rs 249.83 crore in the identical interval a yr in the past, HDFC AMC stated in a regulatory submitting to the inventory exchanges.
SBI: The nation’s largest lender State Financial institution of India (SBI) stated a committee of its central board will contemplate elevating as much as USD 2 billion (round Rs 14,942 crore) via bonds on this fiscal yr.
Nippon Life India Asset Administration: Nippon Life reported a revenue after tax of Rs 167 crore for the three months ended March 2021. As compared, the corporate had posted a revenue after tax (PAT) of Rs 4.13 crore in the identical quarter previous fiscal, NAM India stated in an announcement.
Ashok Leyland: Group flagship
and the UK primarily based developer of e-buses and lightweight industrial autos, has inked a partnership with city-based TVS Provide Chain Options for establishing a sustainable logistics community within the nation.
ABB India: The corporate posted greater than two-fold bounce in web revenue to Rs 151 crore for the January-March quarter in comparison with the year-ago interval primarily on the again of upper revenues. The corporate had a web revenue of Rs 66 crore within the quarter ended on March 31, 2020, in keeping with a regulatory submitting by the corporate.
Maruti Suzuki: The nation’s largest carmaker Maruti Suzuki India (MSI) on Tuesday reported 6.14 per cent decline in consolidated web revenue at Rs 1,241.1 crore for the fourth quarter ended March 31, 2021. The auto main had posted a web revenue of Rs 1,322.3 crore in January-March quarter of 2019-20, MSI stated in a regulatory submitting.