Adani Enterprises: Adani Enterprises Ltd, a unit of the Adani Group, reported a 223% year-on-year rise in its consolidated revenue to Rs 41,066 crore for the quarter ended June 30, 2022.
Axis Bank : Yesterday announced that it has mutually terminated the agreement to sell its 100% stake in its subsidiary Axis Bank UK Limited to OpenPayd Holdings Ltd.
Tata Steel: The government is considering reducing or eliminating export duty on steel products. A report attributed this to falling prices and increasing domestic supply.
LIC Housing Finance: Mortgage financier LIC Housing Finance (LICHFL) posted a four-fold rise in profit after tax to Rs 925.48 crore for the quarter ended June 30 on lower provisioning and higher loan growth.
Hindustan Construction Company: Hindustan Construction Company (HCC) yesterday reported a consolidated net loss of Rs 280.67 crore for the quarter ended June 2022.
HCL: Government of Assam yesterday joined hands with HCL for various objectives including skilling of youth, export of local products and skills development for e-commerce supply chain.
Dalmia Bharat: Cement maker Dalmia Bharat Ltd has reported a 26.78% decline in its consolidated net profit at Rs 205 crore for the first quarter ended June 30. The company posted a net profit of Rs 280 crore in the April-June quarter.
PTC India : PTC India yesterday signed an agreement with SJVN to sell power from two hydroelectric projects. The company has entered into a Memorandum of Understanding (MoU) with SJVN Arun-3 Power Development Company Private Limited (SAPDC). It is wholly owned by the state-owned SJVN.
Bayer CropScience: Global pharmaceutical and chemical major Bayer CropScience posted a 19.27% profit growth at Rs 302.6 crore in the quarter ended June. The company’s profit in the same quarter of the previous financial year was Rs 253.7 crore.