News Overview

Reported sales nil

PCBL said that its board will meet on Wednesday, 9 February 2022, to consider a proposal for sub-division of the equity shares of the company having a face value of Rs 2 each and alteration of authorised capital.

Reliance Industries (RIL): RILs consolidated net profit (after exceptional items) rose 37.9% to Rs 20,539 crore on 52.2% rise in gross revenue to Rs 209823 crore in Q3 December 2021 over Q3 December 2020. The Q3FY22 net profit was boosted by an exceptional item (gain) of Rs 2,872 crore on account of divestment of shale gas assets, partially offset by provisions for liabilities pertaining to […]

NII is estimated to grow 11%, Non-interest income could increase 23% relative to the year ago quarter.

IOC’s GRM is seen at US$6.9 per barrel for the quarter.

Revenue growth remained solid at 29.8% as compared to the same quarter of last year.

SGX Nifty: Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could slide 145 points at the opening bell. Build up to the upcoming budget session would be the key event that the market would be looking for in the near future. The Budget session of Parliament is set to commence on January 31 and will conclude on April […]

The Bank’s net profit could grow 174% over the year ago quarter.

The US stock market finished lower for the fourth straight session on Friday, 21 January 2022, on continuing fears over the outlook for interest rates and weak earnings report from Netflix. At the close of trade, the Dow Jones Industrial Average index stumbled 450.02 points, or 1.3%, to 34,265.37. The S&P500 index dropped 84.79 points, or 1.89%, to 4,397.94. The tech-heavy Nasdaq Composite Index fell […]

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