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The decline in losses was largely on the back of curtailed expenditure, the company said in a statement, adding that it aimed to turn in a profit by 2022.
SGX Nifty up 110 points; here's what changed for market while you were sleepingAsian equities rose on Wednesday, bouncing back from a steep sell-off on Tuesday. Japan's Nikkei added 0.48 per cent to 28,683.63. Korea's Kospi climbed 1.01 per cent to 3,171.96. Hong Kong's Hang Seng added 0.6 per cent to 2… Read MoreAditya Birla Fashion buys Sabyasachi CoutureThe all cash deal is expected to be completed in 30-45 days, the company said in a statement. Established in 1990, the brand straddles categories such as apparel, accessories and jewelry and has a strong franchise in India, U… Read MoreTokyo stocks open higher ahead of earningsThe benchmark Nikkei 225 index was up 0.44 percent or 124.23 points at 28,670.41 in early trade, while the broader Topix index advanced 0.46 percent or 8.41 points to 1,856.41.
from Stocks-Markets-Economic Times https://ift.… Read MoreHigh provisions drag Axis Q3 net down 36%Profit declined to Rs 1,116 crore from Rs 1,757 crore in the same period last year. Provisions in the quarter increased 33 per cent to Rs 4,604 crore against Rs 3,470 crore in the year-ago period. Out of this, specific loan-l… Read MoreStocks in the news: Axis Bank, Maruti Suzuki, IRCTC, Lupin, HUL and IndiGoLaurus Labs, Aarti Industries, AU SFB and Shriram Transport are among companies which will announce their December quarter results on Thursday.
from Stocks-Markets-Economic Times https://ift.tt/3a9ex6L
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