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On a 24-month basis, for nine months ended 31 st December 2021, the Consolidated Sales and Net Profit grew 21% and 11% respectively.

US personal income rose by 0.3 percent in December after climbing by an upwardly revised 0.5 percent in November, a report released by the Commerce Department on Friday showed. Disposable personal income, or personal income less personal current taxes, also edged up by 0.2 percent in December after rising by 0.4 percent in November. When adjusted for inflation, however, disposable personal income actually dipped by […]

Consolidated revenue from operations stood at Rs2,407cr in Q3FY22 rising from Rs2,122cr in December last year quarter, however, it dropped compared to Rs2,419cr of Q2FY22.

US consumer sentiment deteriorated by more than initially estimated in the month of January, according to revised data released by the University of Michigan on Friday. The report showed the consumer sentiment index for January was downwardly revised to 67.2 from a preliminary reading of 68.8. With the downward revision, the index was further below the final December reading of 70.6, dropping to its lowest […]

L&T: The engineering and construction majors consolidated net profit fell 16.70% to Rs 2,054.74 crore on 11.14% increase in net sales to Rs 39,562.92 crore in Q3 December 2021 over Q3 December 2020. Vedanta: On a consolidated basis, the diversified natural resources firms net profit rose 26% to Rs 4,164 crore on 50% increase in net sales to Rs 33,697 crore in Q3 December 2021 […]

The Company has secured orders worth Rs50,359cr during the quarter ended December 31, 2021, registering a decline of 31% yoy.

The Indian rupee is likely stay range bound with all eyes on the upcoming budget session that would be the key event that the market would be looking for. However, geopolitical tensions, elevated crude oil prices and hawkish US Fed stance driving greenback higher could weigh on the local unit. On Friday, rupee snapped its three-day losing streak to close 5 paise higher at 75.04 […]

The wholly-owned foreign subsidiary of Granules India, Granules Pharmaceuticals, Inc. (GPI) in Chantilly, Virginia (US) had undergone a pre-approval inspection by the US Food and Drug Administration (USFDA) from 24 to 28 January 2022.

IREDA is looking forward to extending its consulting services to other PSUs and private organisations for the overall growth of the RE sector.

The lender recorded a net interest income of Rs3,794cr in Q3FY22, growing by 11% YoY and 4% QoQ. Net Interest Margin for Q3 FY22 stood at 4.10% against 4.12% for Q3 FY21 and 4.07% for Q2 FY22.