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LTTS Q2 profits lower by 19% yoy at Rs166cr

India Infoline News Service / 20:28, Oct 19, 2020

L&T Technology Services or LTTS, reported fall in revenues and profits on a yoy basis. Total revenues were down 6.3% at Rs.1314 crore while operating profits for the Sep-20 quarter were down 25% at Rs.239 crore.

IPO News

Mazagon, UTI AMC to list today

India Infoline News Service / 08:40, Oct 12, 2020

On the final day of bidding, UTI Asset Management Company (AMC), the second-largest asset management company in India in terms of Total AUM, got fully subscribed of its initial public offering (IPO).

Global News

Asian markets gain as China releases its GDP data

India Infoline News Service / 10:36, Oct 19, 2020

According to data released Monday by the country’s National Bureau of Statistics, China’s third-quarter GDP grew 4.9% as compared to a year ago.

M & A News

Deal-done! Reliance Retail to acquire Future Group's businesses for Rs24,713cr

India Infoline News Service / 07:43, Aug 30, 2020

The acquisition of the retail, wholesale and supply chain business of the Future Group complements and makes a strong strategic fit into Reliance’s retail business, RIL said in the filing.

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