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Infosys net profit rises 17.5% to ₹5,076 crore in March quarter

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Infosys expects FY22 revenue to grow 12-14% in constant currency
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Infosys expects FY22 revenue to grow 12-14% in constant currency
IT services major Infosys on April 14 posted a 17.5% rise in net profit to ₹5,076 crore for the March quarter, and announced up to ₹9,200 crore buyback offer at a maximum price of ₹1,750 per share.
The Bengaluru-based company’s net profit (after minority interest) was ₹4,321 crore in the January-March 2020 quarter.
Its revenue grew 13.1% to ₹26,311 crore in the March 2021 quarter from ₹23,267 crore in the year-ago period, Infosys said in a regulatory filing.
The company’s FY21 net profit was up 16.6% to ₹19,351 crore, while revenue was higher by 10.7% to ₹1,00,472 crore compared to the previous fiscal. ....

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Russia's Rusal open for talks over Nornickel dividend - deputy CEO

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MOSCOW (Reuters) - Russia’s Rusal is open to talks with a fellow key shareholder in Nornickel about the miner potentially cutting its dividend, but remains to be convinced the current policy should change, its deputy chief executive said.
FILE PHOTO: Aluminium ingots are seen stored at the foundry shop of the Rusal Krasnoyarsk aluminium smelter in Krasnoyarsk, Russia October 3, 2018. REUTERS/Ilya Naymushin
The board of directors at Nornickel, in which Rusal holds a 27.8% stake, will discuss its 2030 investment strategy and dividend guidelines on March 29. The discussion was initiated by Interros, Nornickel’s largest shareholder with a 34% stake. ....

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Dr. Reddy's Laboratories gets Emergency Use authorisation for Sputnik V in India

Dr. Reddy s Laboratories gets Emergency Use authorisation for Sputnik V in India ....

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Edison Investment Research Limited: Regional REIT (RGL): Fully Covered High-Yielding Dividend

Edison Investment Research Limited: Regional REIT (RGL): Fully Covered High-Yielding Dividend
LONDON, UK / ACCESSWIRE / April 13, 2021 / While Regional REIT s (RGL s) uninterrupted quarterly FY20 DPS payments backed by consistently strong rent collection has been known for some time, the recent FY20 results confirmed full cover by EPRA earnings. RGL remains very positive about the prospects for high-quality regional offices with affordable rents and with its diversified portfolio of attractively yielding assets RGL will continue to maximise dividend distributions.
RGL continues to offer one of the highest yields in the UK REIT sector, with dividends fully covered by EPRA earnings. Its FY21e yield of 8.0% is significantly above close peers with a similar P/NTA. ....

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Ashoka Buildcon Ltd emerges Lowest Bidder for Gujarat Rail Infrastructure Development Corporation Limited Project

Ashoka Buildcon Ltd emerges Lowest Bidder for Gujarat Rail Infrastructure Development Corporation Limited Project ....

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