RIL’s subsidiary Reliance Jio Platforms has posted a 12.5 per cent rise in net profit at Rs 5,098 crore for the June quarter from Rs 4,530 crore a year ago. Gross revenue increased 11.3 per cent to Rs 30,640 crore during the quarter.
Besides, selling pressure in the domestic equity markets dented market sentiments, forex traders said.
HDFC International Life and Re has been set up by HDFC Life, while HDFC AMC International (IFSC) Ltd has been established by HDFC Asset Management Company to offer services to NRIs and the global Indian diaspora.
Shares of Infosys, India’s second-largest IT company, fell over 10 per cent in the early session on Friday after the tech company announced its June quarter results on Thursday.
The Chhatrapati Shivaji Maharaj International Airport (CSMIA), controlled by MIAL, is the country’s second-largest airport (in terms of passengers served), behind Delhi’s Indira Gandhi International Airport.
At this point of time, the guidance that the market really needs is not about how high the terminal repo rate would be, but about how long the rate would be maintained at a high level, he said.
Zomato Ltd on Friday introduced an open data analysis platform for food trends aimed to help its restaurant partners in taking a data-driven approach on prices, dishes and location.
This is the first quarterly financial result of the bank post merger with HDFC Ltd, which came into effect on July 1.
The net profit was also higher quarter-on-quarter compared to Rs 16,011 crore earnings in the preceding three months ended June 30.
Zee Entertainment shares plunged 33 per cent to Rs 155.9 apiece, after its merger with Sony Pictures Networks India Private Ltd (now known as Culver Max Entertainment Ltd) was called off. Worried investors, including some funds, sold Zee stocks, dealers said.