Last Updated: May 03, 2023, 08:20 IST
The Nifty futures contract traded on the Singapore Exchange signifies a adverse begin to home equities. The contract was buying and selling at 18,144.50, down 80 factors or 0.44% from the earlier shut.
Earnings Watch: ABB India, Godrej Properties, Havells India, Jyothy Labs, MRF, KEC International, Petronet, Sona BLW, Sula Vineyards, Tata Chemicals and Titan are few of the distinguished firms scheduled to announce March quarter outcomes on Wednesday.
Aviation: Shares of Airlines might be in focus right this moment after Wadia-owned Go First filed for insolvency, pushed by a money crunch that resulted from the grounding of practically half its 57 plane. The airline squarely blamed engine producer Pratt & Whitney for the step and suspended all flights until Thursday.
Tata Steel: The metal main reported an 82.5 per cent YoY drop in consolidated internet revenue to Rs 1,704.86 crore for Q4FY23 as metal spreads throughout areas took successful. Revenue was down 9.2 per cent at Rs 62,961.54 crore. The income and revenue numbers, nevertheless, got here forward of expectations.
Bharti Airtel: The Sunil Mittal led teleco, which began operations in Sri Lanka in 2009, introduced the merger of operations of Bharti Airtel Lanka with Dialog – a subsidiary of Malaysian multinational telecommunications conglomerate Axiata Group Berhad. The transfer is anticipated to give Airtel entry to a bigger consumer base within the island nation.
PSB: Punjab & Sind Bank internet revenue jumped 32 per cent YoY to Rs 457 crore within the January- March quarter (This fall) as its curiosity earnings rose by 17 per cent to Rs 2,105 crore.
Max Healthcare Institute: The firm has moved the Bombay High Court in opposition to Touch Healthcare, Quality Care India, and the Evercare Group administration for an alleged breach of contract after its (Max’s) supply to purchase Care Hospitals was turned down.
Sugar: Cooperative sugar factories have written to Prime Minister Narendra Modi looking for to enhance the minimal sale value (MSP) of sugar to enhance their money flows that will make clearing sugarcane dues to growers handy. The cooperative factories need the MSP to be raised from the prevailing Rs 31 per kilogram to not less than Rs 37.20-39.70 according to the previous will increase in truthful and remunerative value (FRP) of sugarcane.
Adani Total Gas: Adani Total Gas reported a consolidated internet revenue of Rs 98 crore for the quarter ended March, up 21% over earlier 12 months interval
Coforge: Promoter Baring Private Equity Asia has offloaded 3.5% stake in Coforge Ltd by the open marketplace for Rs 887 crore.
UCO Bank: Public sector lender UCO Bank posted its highest-ever internet revenue of Rs 1,862.34 crore for the fourth quarter
Hindustan Zinc: Hindustan Zinc’s proposal to purchase sure zinc property from Vedanta Group for $2.98 billion in money has lapsed because the Indian miner didn’t get shareholders’ approval throughout the stipulated time restrict, Reuters reported.
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