GIC, GSPL & Quess Corp: General Insurance Corporation of India,
, , Quess Corp, Nilkamal, Arvind Fashions, Cupid and Roto Pumps are amongst corporations that can announce their March quarter outcomes at the moment.
Reliance Industries: After document fundraising and debt prepayments, Reliance Industries now has a robust balance-sheet with excessive liquidity that can assist development plans for its three hyper-growth engines – telecom arm Jio, retail and oil-to-chemicals enterprise, agency’s Chairman and Managing Director Mukesh Ambani stated.
Wipro: The IT firm stated it has offered its complete stake in Denim Group for a consideration of $22.4 million (about Rs 160 crore.
Deepak Fertilisers & Petrochemicals: The firm is in talks with a number of overseas corporations for potential partnerships, because it appears to be like to hive off its key companies into separate company entities, the firm’s chairman stated.
PVR: The multiplex operator reported a consolidated web lack of Rs 289.12 crore in the quarter ended on March 31, 2021, as the firm continued to be impacted by the COVID-19 pandemic. The firm had posted a web lack of Rs 74.49 crore in the similar quarter of the final fiscal.
Lupin: The drug maker stated the US well being regulator has accepted its software for a biosimilar product which is used to deal with most cancers sufferers. The US Food and Drug Administration (USFDA) has accepted the Biologics License Application (BLA) for its proposed biosimilar to Neulasta (pegfilgrastim) via a submitting.
Wipro: The IT firm stated it has offered its complete stake in Denim Group for a consideration of USD 22.42 million (about Rs 160 crore).
Ruchi Soya: Patanjali Ayurveda managed agency stated it has made a foray into the nutraceuticals and wellness section and initially will launch 10 merchandise beneath the model ‘Patanjali’ and ‘Nutrela’. The firm goals to have a variety of merchandise throughout varied product classes in the subsequent one 12 months.
Muthoot Finance: The gold mortgage finance firm reported a 22 per cent bounce in standalone revenue after tax at Rs 996 crore for the three months to March 2021. The firm had posted a standalone revenue after tax of Rs 815 crore in the year-ago interval.
Rossari Biotech: The speciality-Chemicals producer introduced the acquisition of Unitop Chemicals, a provider of surfactants, emulsifiers, and specialty chemical compounds, for Rs 421 crore. Rossari might be buying 100 per cent of the fairness capital of Unitop Chemicals.
Panacea Biotec: The drug agency reported a consolidated web lack of Rs 54.14 crore for the quarter ended March 31, 2021. The firm had posted a web lack of Rs 69.70 crore for the corresponding interval of the earlier monetary 12 months.
MTAR Technologies: The just lately listed agency stated its revenue after tax was up by 47 per cent to Rs 46.1 crore in FY21 in opposition to Rs 31.3 crore in the 12 months in the past interval.
Reliance Infrastructure: The Anil Ambani led agency stated its board will meet this week to think about elevating funds via varied means like issuing fairness shares, rights difficulty and certified institutional placement. Infusion of recent liquidity will improve the firm’s monetary flexibility and allow it to turn into a zero-debt firm by March subsequent 12 months.
Venky’s India: The demand for eggs, which had fallen throughout January-February as a result of the chicken flu outbreak, has bounced again with rise in consumption of key poultry commodities to spice up immunity amid the second wave of the pandemic.
Capital India Finance: Mortgage participant Capital India Home Loan goals to double its asset ebook to over Rs 250 crore by the finish of the present fiscal. The housing finance firm promoted by NBFC agency Capital India Finance Limited (CIFL) had a mortgage ebook of about Rs 135 crore in the monetary 12 months ended March 31, 2021.
Sugar shares: The authorities has introduced ahead the goal date for reaching 20 per cent ethanol-blending with petrol by two years to 2023 to assist cut back India’s dependence on expensive oil imports, in keeping with an official notification.