HDFC Bank reported 18.2% rise in net profit to Rs 8186.50 crore on 16.4% increase in net revenues to Rs 24714.10 crore in Q4 March 2021 over Q4 March 2020.
HDFC Bank said that the board of directors of the bank, has granted an enabling approval to the bank for issuance of Perpetual Debt Instruments (part of Additional Tier I capital), Tier II Capital Bonds and Long Term Bonds (financing of infrastructure and affordable housing) up to a total amount of Rs 50,000 crores in the period of next twelve months through private placement mode.
Shares of Bharti Airtel will be watched. The Government of Ghana, Bharti Airtel (Airtel) and Millicom International Cellular S.A. (Millicom) (through their respective subsidiaries), on Friday announced that they have executed the definitive agreement for the transfer of AirtelTigo (Airtel Ghana Limited and Millicom Ghana Limited) to the Government of Ghana on a going concern basis.
Key benchmark indices are trading sharply lower in early trade on selling pressure in index pivotals. At 9:25 IST, the barometer index, the S&P BSE Sensex, was down 1157.01 points or 2.37% at 47,675.02. The Nifty 50 index was down 350.40 points or 2.4% at 14,267.45. Sharply rising Covid-19 cases in the country dampened sentiment.
The S&P BSE Mid-Cap index was down 2.54%. The S&P BSE Small-Cap index was down 2.65%.
The market breadth, indicating the overall health of the market, is weak. On the BSE, 389 shares rose and 1841 shares fell. A total of 103 shares were unchanged.
On the coronavirus front, the Centre on Sunday banned the supply of oxygen for industrial purposes except in nine specified industries in view of shortage of the essential public health commodity in several states amid a spike in COVID-19 infections. The decision will come into effect from April 22.
The Universe has everything you need ANI | Updated: Mar 04, 2021 14:08 IST
Pune (Maharashtra) [India], March 4 (ANI/Mediawire): Pune is a city that is growing at a metronomic pace and the populace that once used to leave the city in search of opportunities elsewhere are now staying put.
Primarily because Pune has transformed itself into a land of opportunity. Multi-national companies, IT majors and reputed automobile manufacturers have now set up shop in Pune, improving employment opportunities and making tremendous strides in the value of the real estate in and around the city.
Thankfully, such progress has not come at the cost of peace and quiet. Pune continues to be a marked departure from the major metropolitan cities by retaining that sense of solitude and calmness. Located in a lush, green locale that is connected to nature s roots, homes in Pune enjoy the best of both worlds; easy access to the benefits of modern amenities and lifes
The Universe has everything you need business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.
Effective 21 December 2020Kolte Patil Developers announced the resignation of Atul Bohra as the chief Financial officer and Key Managerial Personnel of Kolte-Patil Developers and his resignation will be effective from the close of
business hours on 21 December 2020. Atul Bohra shall be inducted to another strategic role within the KPDL Group.
The Company is in the process of appointing a new Chief Financial Officer and the same wilt be intimated to the exchanges in due course. Meanwhile, Atul Bohra along with the Finance and Accounts Heads would oversee the CFO function.
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