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Healthy return Ratios : ROE in FY22 is 72.8% and ROCE in FY22 is 76.4%.

Macrotech Developers announced that the certified copy of the final Order of the Honble National Company Law Tribunal, Mumbai Bench, (NCLT) along with the Scheme approving Merger by Absorption, of 9 wholly owned subsidiaries i.e. Anantnath Constructions and Farms, Sitaldas Estate , MMR Social Housing, Bellissimo Estate, Renovar Green Consultants, Kora Constructions, Luxuria Complex, Odeon Theatres and Properties, and Palava Industrial and Logistics Park with […]

GMR Hyderabad International Airport (GHIAL), a step-down subsidiary of GMR Infrastructure (GIL), has received a letter of confirmation from the Ministry of Civil Aviation (MoCA) extending the term of the Concession Agreement for operating Rajiv Gandhi International Airport in Hyderabad for a further period of 30 years – from 23 March 2038 up to 22 March 2068. This extension is in terms of the Concession […]

Britannia Industries Ltd has added 6.7% over last one month compared to 4.03% gain in S&P BSE FMCG Sector index and 5.95% drop in the SENSEX

Registered the sales of 30,761 units in FY’22.

The domestic equity benchmarks traded in a volatile manner in early trade. The Nifty traded tad above the 17,050 mark. Barring pharma, healthcare, and metals, all the sectoral indices on the NSE edged higher. At 09:22 IST, the barometer index, S&P BSE Sensex was down 50.08 points or 0.09% to 56,925.91. The Nifty 50 index lost 11.35 points or 0.07% to 17,057.75. Investors remained cautious […]

Ageas Federal’s total premium rose by 13% to INR 2,207 crore in FY 2021-22 from INR 1,959 crore in FY2020-21. The growth was driven by a 27% rise in Individual New Business Premium to INR 639 crore and 5% rise in renewal premium to INR 1,391 crore.

Adani Enterprises announced that its step down subsidiary, Mumbai International Airport (MIAL), which owns and operates the Chhatrapati Shivaji Maharaj International Airport (CSMIA) in Mumbai, the second largest airport in India has successfully raised USD 750 million senior secured private placement notes from Apollo-managed credit funds. Apollos Credit business was able to provide a scaled, long-term capital solution for MIAL, with the majority of proceeds […]

RailTel Corporation of India gained 1.87% to Rs 106.45 after the company received work order of Rs 107.44 crore from South Western Railway (SWR).

Profit after tax stable at Rs57.4 crore from Rs52.7 crore in Q4 FY21.