Bata India published its December quarter earnings on Tuesday, 8 February 2022. The company reported a nearly 3 times increase in its net profit, which reached Rs. 72.32 crores for Q3 of FY 2022. In its BSE filing, Bata India mentioned that it witnessed a net profit of Rs. 26.41 crores during the previous year’s …
Jindal Steel & Power Ltd. (JSPL) has announced its Quarter 3 Results for FY 22, and there were surprises as the year has been a moderately unsuccessful one for this company. Despite being one of the biggest players in the private sector steel manufacturing industry, this company missed its estimated values for the quarter. For …
On Wednesday, Som Prakash, the Union Minister of State, Commerce and Industry announced that the total Foreign Direct Investment (FDI) received by India in the last five years has almost reached the mark of $340 billion. The global inflows have increased significantly over the years. From USD 45.15 billion in 2014-15 to over USD 81.97 …
On Monday, 7 February 2022, Central Depository Services Ltd (CDSL) reported a consolidated net profit of Rs. 83.63 crores for the third quarter of FY 2022 ended on 31 December 2021. It has jumped 55% from Rs. 54.03 crores net profit during the same quarter of FY 20. Keep scrolling to get the details! What …
A slew of companies has released their Q3 results in the new year. State-owned Union Bank of India also made its third-quarter results public on Monday, 7 February 2022. Therefore, on that note, let’s take a closer look at the details of the Q3 FY 2022 results of Union Bank of India. Read on! Key …
The Indian rupee has seen ups and downs over the recent few days. The currency gained 11 paise to touch 74.31 against the US dollar in the early hours of trade on Friday. The rupee had opened at 74. 41 on Friday morning, while in the previous session of trade, it had settled at 74.42 …
According to reports, private equity investments reached a record high of USD 40.1 billion in 2021, up over 15% from the previous year, fueled by a USD 3.6 billion infusion into Flipkart and USD 1.93 billion into Bundl Technologies. While the amount of inflows increased 15.2 percent from USD 34.8 billion in 2020 to USD …
Recently, Amazon came out with quarterly results and the promising number pushed its shares price higher by a whopping 17%. This soared the founder Jeff Bezos’ wealth. If the stock price rises by the same percentage again, it would be its biggest percentage gain since 2009 and give Jeff Bezos’ wealth a boost of $20 …
Meta, as it has been called, is spending substantially on its future “metaverse” project, although advertising revenue accounts for virtually all of its revenue for the time being. So when it reported dramatically increased expenses but a lackluster sales projection late Wednesday, investors were alarmed — and the business once known as Facebook’s value was …
On Monday, i.e., 31 January 2022, Auto player Tata Motors posted a consolidated net loss amounting to Rs. 1,516 crores for the third quarter of FY 2022. During the same quarter previous year, the company had reported a net profit worth Rs. 2,906.5 crores. Resultantly, Tata Motors share price fell over 3% during the early …
