Walmart reports revenue of $153 billion in Q4
Technology investments made by Walmart allowed the company to remain relevant and profitable despite increased competition from e-retailers.
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Shree Cement reports net profit of Rs 482.70 crore in Q3
The company reported that the revenue came over 7 percent higher to Rs 3551.8 crore in Q3FY22 from Rs 3309 crore.
Reliance Capital reports net loss of Rs 1,759 crore in Q3
The company's expenditures went higher than the earnings, corresponding to Rs 5,658 crore in the quarter ended December 2021.
Exim Bank extends $500 million line of credit to Sri Lanka
Exim Bank, to date, has expanded 10 lines of credit to the Sri Lankan government on behalf of the Indian government, abiding the total value of LOCs inflated to $2.18 billion, a release confirmed by the signing of the LOC deal for $500 million.
Club Mahindra reports revenue of Rs 284.5 crore in Q3
Sales ascended 13.14% to Rs 553.44 crore in the third quarter as against Rs 489.15 crore during the previous quarter ended December 2020.
Indian Overseas Bank reports net profit of Rs 454 crore in Q3
The total cash convalescence stood at Rs 1,199.51 crore which incorporates a recovery of Rs 247.37 crore.
CCI approves acquisition of GSK Asia by GSK Overseas Ltd
Before the proposed combination, GSKAPL will obtain the trademarks on 'Iodex' and 'Ostocalcium' brands in India.
Axis Bank reports net profit of Rs 3,614 crore in Q3
As of December 31, 2021, the bank’s reported Gross NPA and Net NPA levels were 3.17% and 0.91% respectively as against 3.53% and 1.08% as of September 30, 2021.
SBI reports 56% rise in net profit at Rs 364 crore in Q3
The company displayed its net premium income that grew 30.39 per cent year-on-year (YoY) to Rs 18,025 crore from Rs 13,766 crore in the same quarter a year ago.
IDBI Bank reports a net profit of Rs 578 crore in Q3
The non-interest income depreciated by 20 per cent YoY to Rs 1,148 crore but it stationed a sequential growth of 17 per cent.
Stock Market update: Zomato shares fall 7% to listing price
A sharp decline in stock price has seen Zomato’s market capitalisation (market cap) decline below the Rs 1 trillion mark, to Rs 95,007 crore as of 09:58 am; the BSE data showed.
Stock Market update: Tata Communications shares down by 4% post Q3 results
Consolidated revenue reached Rs 4,185 crore with a growth of 0.3 per cent QoQ and a fell to 0.9 per cent YoY.
Stock Market update: Bajaj Auto shares down by 2% despite strong performance in Q3
The company had surplus cash and cash equivalent of Rs 17,883 crore at the end of Q3 compared to Rs 17,526 crore three months before.
Bank of America reports a revenue of $22.1 billion in Q4
The bank stated that fourth-quarter profit rose 28% to $7.01 billion, or 82 cents a share, outperforming the 76 cents a share average.
Sri Lanka gets $500 million fuel credit line from India
The next bond payment amounting to $1 billion is due in July. The total debt owed by Sri Lanka this year is over $6 billion.
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