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Crude oil production for the three months ended Dec 31 increased 7.03% from a year earlier, while natural gas output rose 1.64%, fuelling a more than 57% jump in revenue from operations to 58.79 billion rupees ($12.1 million)

Qualcomm-backed drone maker plans Rs750-cr IPO

Updated at : 2023-02-10 21:35:03

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Investment banks JM Financial and IIFL are the lead managers for the IPO. A DRHP has been filed on Friday and the IPO will be launched by May 2023, said sources

US stocks edge lower; Lyft sinks on dour outlook

Updated at : 2023-02-10 21:35:03

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The Dow Jones Industrial Average fell 28.34 points, or 0.08%, at the open to 33,671.54

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The earnings before interest, tax, depreciation and amortisation (EBITDA) increased 44% YoY to Rs 532.7 crore for the quarter, with EBITDA margins expanding by 343 basis points to 12.3%

It further said that an entity not appearing in the Alert List should not assume that it is authorised by the RBI to deal in foreign exchange or can operate electronic trading platforms for forex transactions

According to ETMarkets analysis, mutual funds boosted their investments in six automobile and ancillary companies in the first three-quarters of FY23. >> For more such web stories click on the ET icon below

BHEL Q3 Results: PAT jumps 55% YoY to Rs 42 crore

Updated at : 2023-02-10 20:50:03

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Segment-wise, revenue from power came in at Rs 3,992 crore, 7% higher compared with Rs 3,723 crore reported in the third quarter of last year

For the credit business, the company now has a run rate of Rs 12,700 crore disbursal and 5.2 lakh credit card issuances on an annualized basis. Over 33 million customers have accessed credit scores on its platform

The private sector bank will acquire 26.45 million equity shares of microfinance company Sonata, of face value 10 rupees each fully paid up, for a total consideration of approximately 5.37 billion rupees, the private lender said in an exchange filing

The bank’s gross advances rose 11% year-on-year to Rs 5408 crore. Deposits mobilisation registered a 48% jump to Rs 4,697 crore with share of deposits being at 78%

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