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The company reported a consolidated profit of Rs 42 crore during the period under consideration, 77 per cent lower than last year.
Adani Transmission plans Rs 4,500 crore capex in FY22The company added 2,536 circuit km to its power transmission network in FY21, driven by organic and inorganic growth taking the total network to 17,276 2,536 circuit km.
from Stocks-Markets-Economic Times https://ift.tt/2PYE… Read MoreFPIs switch to ‘defensives’ with Covid 2.0 taking a tollSo, consumer staples and IT are featuring more prominently on FII buy lists while BFSI and autos get the short shrift. Overseas investors bought $376 million (Rs 2,800 crore) and $201 million (Rs 1,517 crore) worth of consume… Read MoreCarlyle arm CA Emerald to sell 3.5% stake in SBI LifeThe Washington-headquartered buyout group had acquired a 9 per cent stake in SBI Life Insurance in March 2019 for about $652 million in one of its biggest investments in India. The private equity firm purchased the stake from… Read MoreIDBI expects 2% of small borrowers to opt for recastIDBI Bank exited RBIs prompt corrective action (PCA) framework after four years in March this year, posted profits of Rs 512 crore at the end of Q4. The net non-performing loan ratio improved to 1.97 per cent.
from Stocks-Ma… Read MoreFederal Reserve says stock market boom, 'ebullient' investors warrant cautionCommercial real estate remains potentially vulnerable, the Fed said, particularly after a pandemic that may dim demand for office space, and businesses and households "remain under considerable strain" due to the impact of th… Read More
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