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IRB Infrastructure Developers consolidated net profit declines 56 50% in the December 2020 quarter

Board of IRB Infrastructure Developers to consider increase in limit of fund raising

On 18 January 2021The Board of IRB Infrastructure Developers will meet on 18 January 2021 to consider and approve increase in limit of raising of funds through various options including by way of issuance of debt securities, including non- convertible debentures, through permissible routes, in the onshore/offshore market, by public issue and/ or on private placement basis, subject to market conditions. 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

India s Services Sector Activity Expands At Slower Rate In December; Staff Hiring Halts

India s services sector activity expands at slower rate in December; staff hiring halts The seasonally adjusted India Services Business Activity Index fell from 53.7 in November to 52.3 in December. PTI January 06, 2021 / 11:29 AM IST IRB Infrastructure Developers  | In 2020 so far, the share price has moved up 76 percent to Rs 131.20. It s trailing twelve months (TTM) P/E was 6.40 multiple while 5-year average P/E was 8.30 multiple. India s services sector activity expanded at a slower pace in December as rates of growth in sales eased to a three-month low and staff hiring came to a halt amid weak business optimism, a monthly survey said on Wednesday.

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