Jio Platforms Ltd, RIL’s digital arm, made an 11.6 per cent rise in net profit at Rs 5,445 crore during the December quarter (Rs 4,881 crore last year) and a revenue of Rs 32,510 crore (Rs 29,195 crore).
NTPC, Coal India, BPCL, Tata Motors, L&T, Hero MotoCorp, Adani Ports, ONGC, Bajaj Finserv, Bharti Airtel, and Titan were the top gainers in today’s trade.
On August 10, the RBI mandated banks to maintain an incremental cash reserve ratio (I-CRR) of 10 per cent on the increase in their net demand and time liabilities (NDTL) between May 19, 2023 and July 28, 2023.
The communique, released earlier this year, also envisages a global networked institution comprising a Global Network of Centres (GNC) that will connect startup ecosystems across G20 nations to weave together the global ecosystem for supporting startups.
InCadence is a professional services firm that provides comprehensive integration services for Salesforce.com and the Force.com cloud platform.
IT company Happiest Minds Technologies said it has raised capital to the tune of Rs 500 crore through Qualified Institutional Placement (QIP) of equity shares.
The total income of the company was Rs 15,473 crore in the third quarter, up 0.10 per cent from Rs 15,456 crore in the year-ago quarter.
The RBI has asked banks to undertake at least an annual review in respect of accounts, where there are no customer induced transactions for more than a year.
BrightScope is a financial information company that provides data through web-based software to drive better decision-making.
At the interbank foreign exchange market, the rupee opened flat at 83.30 against the dollar.