GAIL, Bata, Star Cement: GAIL (India), Bata India, TeamLease Services, Star Cement, SH Kelkar & Company, Indian Metals & Ferro Alloys, Dhanvarsha Finvest, Bajaj Healthcare,
, and are among companies that will announce their March quarter results today.
Bank of Baroda: State-owned Bank of Baroda will conduct an e-auction of as many as 46 NPA accounts later this month to recover dues of Rs 597.41 crore.
Religare Enterprises: Financial services player said it proposes to raise Rs 570 crore via preferential issuance of shares to a clutch of investors, including existing shareholders, to fund its business plans.
Adani Enterprises: The company said it has incorporated a wholly-owned subsidiary company for manufacturing wind turbine generators.
Galaxy Surfactants: The speciality chemicals company reported a 25.3 per cent jump in consolidated profit after tax (PAT) to Rs 78.7 crore for the March 2021 quarter. The surfactants and other specialty ingredients maker had posted a consolidated PAT of Rs 62.8 crore during the corresponding quarter of 2019-20.
Prestige Estates Projects: The realty firm reported a sharp increase in its consolidated net profit to Rs 1,336.3 crore for the quarter ending March, driven by monetisation of a large portfolio of commercial assets. Its net profit stood at Rs 15.4 crore in the year-ago period.
Max Financial Services: The healthcare services firm reported a multi-fold jump in consolidated net profit at Rs 70 crore for the last quarter of 2020-21. The company had reported a net profit of Rs 6.7 crore in the same period a year ago.
CG Power and Industrial Solutions: The power generation said its shareholders have approved allotting 1.38 crore shares for Rs 101.20 crore to Standard Chartered Bank (Singapore) Limited (SCB) on a preferential basis to settle liability.
Power Grid Corporation: State-run company has fully commissioned India’s first Voltage Source Convertor (VSC) based HVDC (high voltage direct current) electricity transmission system, the power ministry said.
Bandhan Bank: The private lender has received RBI nod to re-appoint Chandra Shekhar Ghosh as its MD and CEO for three years, lower than the five-year tenure approved by the company’s board in November last year.
Tata Motors: The homegrown automaker said it has incorporated a new subsidiary to provide end-to-end services of operating, repair, annual maintenance contracts (AMC) and fleet management services (FMS) for its product range, including electric vehicles.
Talbros Automotive: The auto component maker reported a multifold rise in consolidated profit to Rs 12.7 crore for the March 2021 quarter, backed by product mix and higher capacity utilisation. The company had posted a consolidated profit of Rs 2.4 crore in the fourth quarter of 2019-20.
DHFL: 63 Moons Technologies that has a claim of Rs 200 crore from
(DHFL), which is being taken over by the Piramal Group for as low as Rs 37,500 crore against a total claim of close to Rs 85,000 crore, it will challenge the resolution at the NCLAT shortly.
Jet Airways: The annual general meeting of debunked airline operator scheduled to be held was adjourned due to lack of quorum. The company would intimate the further notice of the adjourned meeting separately.
Tata Power: The utilities company’s proposed purchase of 51 per cent stake each in three power utilities in Odisha has been cleared by fair trade regulator CCI.
Mphasis: The Competition Commission has given its nod for the proposed acquisition of a stake in IT company Mphasis by BCP Topco, Waverly Pte and Platinum Owl. The proposed transaction pertains to the acquisition of up to 75 per cent shareholding in Mphasis.
CESL: The state-owned entity has signed a pact with the Ladakh administration to make the Union Territory carbon-neutral, according to a company statement.
Hind Aluminium Industries: The aluminium player announced the reappointment of Shailesh Daga as the managing director of the company. The reappointment was approved by the company’s board in a meeting held on Monday.
