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Fintech will drive Maharashtra to become a trillion-dollar economy: Dy CM Fadnavis

Tata Steel Long Products reports Q4 PAT at Rs 340 cr

On a consolidated basis, Tata Steel Long Products reported a net profit of Rs 339.86 crore in Q4 March 2021 compared with net loss of Rs 133.23 crore in Q4 March 2020. Consolidated revenue from operations surged 53.40% to Rs 1,546.74 crore in Q4 March 2021 over Q4 March 2020. The company s total expense was reported at Rs 1,179 crore during Q4 FY21, higher than Rs 1,026 crore in the same period last year. Pre-tax profit stood at Rs 383.18 crore in Q4 FY21 compared with pre-tax loss of Rs 132.48 crore in Q4 FY20. The board recommended a dividend of Rs 5 per equity share for the financial year ended 31 March 2021. The Q4 result was declared after market hours yesterday, 20 April 2021.

KEC Intl bags orders worth Rs 1,245 cr

KEC International has secured new orders of Rs 1,245 crore across its various businesses. The company s transmission & distribution (T&D) business has secured orders of Rs 629 crore for T&D projects in India, SAARC, Middle East, Africa, and the Americas. The railways business has secured orders of Rs 446 crore in technologically enabled/ conventional segments in India, which include orders for third rail for metro and associated works and orders for overhead electrification (OHE) and associated works. The civil business has secured orders of Rs 107 crore for infra works in the Defence and industrial segments in India. The cables business has secured orders of Rs 63 crore for various types of cables in India and overseas.

Gateway Distriparks update on scheme of amalgamation

Gateway Distriparks has received No objection from BSE and NSE for the draft scheme of amalgamation (merger by absorption) amongst the Company, Gateway East India and Gateway Rail Freight and their respective shareholders. As next steps, the Company has filed the petitions before the NCLT, after processing the comments/observations on the Scheme received from SEBI / Stock Exchanges. Powered by Capital Market - Live News (This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.) Dear Reader, Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain commit

Morepen Laboratories Ltd leads gainers in A group

India Tourism Development Corporation Ltd, Reliance Infrastructure Ltd, Kitex Garments Ltd and Meghmani Organics Ltd are among the other gainers in the BSE s A group today, 10 March 2021. India Tourism Development Corporation Ltd, Reliance Infrastructure Ltd, Kitex Garments Ltd and Meghmani Organics Ltd are among the other gainers in the BSE s A group today, 10 March 2021. Morepen Laboratories Ltd surged 13.30% to Rs 37.9 at 11:48 IST. The stock was the biggest gainer in the BSE s A group. On the BSE, 19.56 lakh shares were traded on the counter so far as against the average daily volumes of 5.36 lakh shares in the past one month. India Tourism Development Corporation Ltd spiked 11.44% to Rs 416.55. The stock was the second biggest gainer in A group. On the BSE, 2.17 lakh shares were traded on the counter so far as against the average daily volumes of 23173 shares in the past one month.

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