India’s export witnesses 43% rise in October, jumping to $35.65 billion
The Commerce and Industry Ministry published on November 15 presented an outbound trade increase to $35.65 billion in October, jumping from $24.92 billion in October 2020.
FY21
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Reebok India reports 93% decrease in profits in FY2021
In the financial year 2020-2021, Reebok reported a 26 per cent decline YoY in revenue as well, standing at Rs. 321 crores.
TVS reports highest quarterly revenue in international markets, operating revenue amounts Rs Rs 3,934 crore in April-June 2021 quarter
TVS has reported in the current quarter, PAT of Rs 53 crore as against a loss of Rs 139 crore in the first quarter of 2020-2021.
CEO of Union Bank of India: restructures loans worth Rs 13,000 crore, follows resolution framework by RBI
On August 6, 2020, the first resolution framework was issued and was applied to all the categories of borrowers affected by the COVID-related stress.
Airports suffer a total of Rs 2,948.97 crore loss due to pandemic
In the FY19, almost 101 of the AAI operated airports had gone through losses equalling to Rs 1,668.69 crore.
Furlenco raised $140 million in Series D funding, claims to raise $300 million in next five years
Till date, Furlenco had raised over $221 million to date from marquee investors like BlackSoil, Dabur’s Aditya Burman, Rangoli Resorts, Chowdry Associates, Beeline, Bollywood Actor Aamir Khan, Double Prime’s Gautham Radhakrishnan and Infosys’ Kris Gopalakrishnan, among others.
Infosys Q4 profits up by 17% to Rs 5,076 crore; approves share buyback program worth up to Rs 9,200 crore
Infosys maintained its revenue growth guidance in constant currency at 12 to 14 percent for the financial year 2021-22 and consolidated revenue from operations grew by 1.5 percent sequentially to Rs 26,311 crore...