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Voltas, Manappuram Finance: Voltas, Manappuram Finance, Aditya Birla Capital, Graphite India, Dr. Lal PathLabs, Balmer Lawrie Investments and Noida Toll Bridge Company, will announce their quarterly results later in the day.
DHFL: The company claimed to have repaid a commercial paper worth 1,775 crore. DHFL, since September 21, 2018, has repaid the holders of commercial paper at Rs. 9,465, including the purchase of Rs.3,240, the company said in a statement.
Andhra Bank: State-owned Andhra Bank announced that it would divest itself of its interest, in whole or in part, in various joint ventures. The bank's board of directors approved the sale of the bank's interest in all or part of the bank's investments in joint ventures – ASREC India, India International Bank (Malaysia) Bhd and IndiaFirst Life Insurance Co.
Avenue Supermarts: The company reported having issued commercial papers with a crore of Rs 100, expiring on February 4, 2019.
Power Grid Corporation of India: The utility company recorded a 7.86% year-over-year increase in its profit, to Rs.2,309.49 crore for the quarter ended 30 September. Rs. 2,141.04 in the corresponding quarter of last year.
Unichem Laboratories: The pharmaceutical company has entered into an agreement for the acquisition of 20% of API's capital and the intermediary activities of the Optimus group based in Hyderabad. The acquisition value is Rs. 120 crore, says a statement from the company.
HCC: The Hindustan Construction Company (HCC) announced that the Rights Issues Committee would be examining a number of issues this month, including determining the issue price. HCC previously announced that it would increase up to Rs 500 crores through the rights issue.
Fortis Healthcare: The Company announced a widening of its consolidated net loss for the quarter ended September 2018 to Rs. 142 crores mainly due to the impairment of goodwill and investments. The company also said that all approvals are in place for the 4,000 crore injection of IHH Healthcare Berhad and that the transaction will be finalized soon.
Punjab National Bank (PNB), Bank of Jammu and Kashmir: The MetLife India Insurance Company NPP has received approval from the market regulator Sebi to launch an initial public offering ( IPO). According to the draft documents, the public issue of the company will put up for sale 49,58,98,076 shares, which corresponds to a dilution of the stake of 24.64%.
Housing Financing Inventories: Indian housing finance firms face a liquidity problem, a situation that will further encourage the Reserve Bank of India to provide a special niche for the sector, such as wishes the government, Secretary for General Affairs Injeti Srinivas said.
Tata Steel: The company will adopt a unified brand strategy for all newly acquired companies, a senior steel official said Monday. The company recently acquired the stressed steel mills at Bhushan Steel and Usha Martin's steel operations. He is also vying for more badets referred to the NCLT.
Eveready Industries: The company announced a 32% drop in net income in one year, falling to Rs 24.66 crore in the quarter ended September, due to the decline sales and a small rupee.
Godrej Agrovet: The arm of Godrej Industries recorded a 16.58% increase in its consolidated net income in the second quarter of fiscal 2018-2019. The net profit of the company amounted to Rs 85.02 in the same quarter of the previous year, in accordance with the regulatory filing.
Hindustan Aeronautics: The new HAL leader, R Madhavan, called for the state-run aircraft manufacturer to be kept out of the Rafale political debate. The opposition accused the government of ignoring HAL when awarding compensation contracts.
Actions of the group IL & FS: The construction contract of the Zojila tunnel, a tunnel of strategic importance of 6,800 crores in Jammu and Kashmir, which has been awarded to Infrastructure Leasing & Financial Services, could be the subject of a new offer.
Wipro: announced a new partnership with Check Point Software Technologies, a leading provider of cybersecurity solutions around the world, to provide CloudGuard IaaS's advanced and dynamic cloud security solution.
NDTV: New Delhi Television Ltd. (NDTV) reported consolidated net income after taxes of 59 lakh for the second quarter ended September 30. The company had recorded a net loss of 23.14 crore during the last July-September fiscal year.
SBI: The lender moved into profit between July and September after three quarters of consecutive losses as provisions slowed and loans to individuals and businesses increased. In the second quarter, net profit amounted to 945 crores of rupees, after a loss of 4,876 crores in April-June 2018.The government asked the new board of directors of the IL & FS, heavily indebted on its debts, to inform it as soon as possible if the company could undertake the construction of the building. large infrastructure project.
Bharat Forge: The advantage of Bharat Forge, India's largest forging company, is expected to remain capped in the medium term, despite its quarterly earnings exceeding Street's estimates. Commercial vehicle manufacturers should expect a moderation in domestic and foreign customer revenue growth, with the current year likely to be a record year for revenue growth in the current cycle.
Axis Bank: Stockbrokers maintained their optimistic position with regard to Axis Bank after India's third-largest private lender released Friday financial results above expectations for the quarter completed in September.
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