News Overview

On a consolidated basis, Indias largest conglomerate Reliance Industries (RIL) reported a 37.9% jump in net profit to Rs 20,539 crore on a 57% rise in net sales to Rs 185,027 crore in Q3 FY22 over Q3 FY21.

Japan manufacturing sector continued to expand in January with a manufacturing PMI score of 54.6, the latest survey from Jibun Bank revealed on Monday. Thats up from 54.3 in December, and it moves further above the boom-or-bust line of 50 that separates expansion from contraction. Both output and new order growth quickened, with the latter rising at the fastest pace for nine months. Manufacturers remained […]

The Company is mainly engaged in manufacture of specialized formulations, and oral rehydration salts (ORS).

Coforge has allotted 22,230 equity shares under ESOP on 23 January 2022. Consequent to the said allotment, the paid up share capital of the Company has gone up to 60,903,152 equity shares of face value of Rs. 10/- each aggregating to Rs. 609,031,520. Powered by Capital Market – Live News

The Indian rupee is expected to begin the week on a sceptical note on Monday, 24 January 2022 with all focus towards the crucial Fed meeting due for the week. However, rebounding crude oil prices and dollar struggling to recover tracking firmer yields amid mixed concerns over the covid variant Omicron and geopolitical fears surrounding Russias invasion of Ukraine is also likely to reroute rupee […]

Australia manufacturing sector continued to expand in January with a manufacturing PMI score of 55.3, the latest survey from Markit Economics revealed on Monday. Thats down from 57.7 in December, although it remains above the boom-or-bust line of 50 that separates expansion from contraction. New order growth eased at the start of the year while manufacturing output slipped into contraction for the first time in […]

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.