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On a standalone basis, the company’s net profit remained flat at Rs 441 crore. During the June quarter, Ambuja reported a consolidated net profit of Rs 1,165.24 crore.

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Sanofi India board in its meeting held on July 27 had approved a transaction for slump sale and transfer of its nutraceuticals business to Universal Nutriscience for a consideration of Rs 587 crore.

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With increased interest and focus on investments in the ESG space globally, Asset Management Companies (AMCs) in India have also been launching equity schemes in the ESG space under the thematic category.

IEX seeks shareholders nod to issue bonus shares

Updated at : 2021-10-27 01:20:02

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The company has issued postal ballot notice to seek approval of shareholders on a proposal to issue bonus shares to members, a BSE filing said.

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Consolidated net revenue in the second quarter grew by 57 per cent to Rs 454.2 crore as against Rs 289.3 in the year-ago period, Greenlam Industries Ltd said in a regulatory filing.

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Total income during the quarter under review increased to Rs 1,504 crore from Rs 1,169 crore in the year-ago period.

Net interest income (NII) for the bank rose 8 per cent YoY to Rs 7,900 crore compared with Rs 7,326 crore in the year-ago quarter.

The transaction, among the largest equity fund raising by a listed infrastructure company, will help IRB deleverage its balance sheet and have access to new growth capital to participate in new projects and the government’s ambitious asset monetization plan, said Founder and Chairman Virendra Mhaiskar told ET.

PolicyBazaar parent's IPO to open on November 1

Updated at : 2021-10-26 22:20:02

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The price band for the issue has been set between Rs 940 and Rs 980 a share.

The weekly options data shows bullish indications. The 18200 Put was one of the most active strikes as it saw massive writing and addition of Open Interest. This means that market participants do not expect Nifty50 to slip below this level by expiry.

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