News Overview

MSPE has ceased to be a Subsidiary of MSPL and consequently that of MHL and the company with effect from January 18, 2022.

L&T Technology Services Ltd has lost 0.77% over last one month compared to 5.47% gain in S&P BSE IT Sector index and 8.24% rise in the SENSEX

The Telecom Regulatory Authority of India (TRAI) released the telecom subscription data for November 2021 on 18 January 2021.

The issue size shall be less than Rs50cr and the draft letter of offer was placed before the Board.

The Consumer Sentiment Index in Australia declined 2% on month to 102.2 in January, data on Wednesday showed. Consumers in states impacted by delta lockdowns appear to have been less unsettled by the rapid spread of the omicron than those in states experiencing their first major wave of Covid infections. Westpacs survey showed consumers reported a significant improvement in their finances from a year ago, […]

L&T Technology Services (LTTS) reported 8.14% rise in consolidated net profit to Rs 249.60 crore on a 4.96% increase in revenue from operations to Rs 1,687.50 crore in Q3 FY22 over Q2 FY22.

Total expenses for the year have increased by 57% yoy to Rs12.58cr.

Value of New Business grew from Rs10.30 billion in 9MFY21 to Rs13.88 billion in 9MFY22.

Vedanta Ltd has added 1.67% over last one month compared to 9.13% gain in S&P BSE Metal index and 8.31% rise in the SENSEX

The key equity indices are trading with modest losses in early trade tracking subdued Asian stocks. The Nifty fell below the 18,100 mark. Rising global crude prices and increasing expectations of March rate hike by US Fed dented the investor sentiment. At 09:26 IST, the barometer index, the S&P BSE Sensex, was down 109.27 points or 0.18% to 60,645.59. The Nifty 50 index lost 21.70 […]