Tag Archives: BLR

July 25 (Reuters) – India will host world test champions Australia in a one-day international (ODI) series ahead of the World Cup before taking on England in test matches, the Board of Control for Cricket in India (BCCI) said on Tuesday. The Indian team is set to play 16 international …

BENGALURU, July 25 (Reuters) – India’s SBI Life Insurance Co (SBIL.NS) reported a 45% surge in its first-quarter profit on Tuesday, aided by higher income from premiums. SBI Life, one of India’s largest life insurers, said its profit after tax for the quarter ended June 30 rose to 3.81 billion …

July 25 (Reuters) – India captain Harmanpreet Kaur will miss two international matches and be fined 75% of her match fee following two breaches of the International Cricket Council’s (ICC) Code of Conduct, the sport’s governing body said on Tuesday. The 34-year-old also received three demerit points on her disciplinary …

BENGALURU, July 25 (Reuters) – India’s Larsen & Toubro (LART.NS) reported a better-than-expected first-quarter profit on Tuesday, boosted by strong performance at its core engineering and construction business, and approved buyback of shares worth up to 100 billion rupees ($1.22 billion). L&T’s consolidated net profit after tax surged 46.5% to …

BENGALURU, July 25 (Reuters) – Mahindra Holidays and Resorts India (MAHH.NS) reported a 99% slump in first-quarter profit on Tuesday, hit by higher expenses and widening losses in Europe. Consolidated net profit for the company, known for its flagship resorts brand “Club Mahindra,” was 1.8 million rupees ($21,992.90) for the …

BENGALURU, July 25 (Reuters) – Tata Motors (TAMO.NS) will cancel its ‘A’ ordinary shares, currently trading at a steep discount to the ordinary shares, reducing its overall share count by 4.2%, the automaker said on Tuesday, in its latest move to simplify its securities structure. Tata Motors is the only …

BENGALURU, July 25 (Reuters) – Prosus NV (PRX.AS), an investor in Indian educational technology startup Byju’s, said on Tuesday that the troubled company’s directors “regularly disregarded advice” despite repeated efforts by the Dutch-listed technology firm’s former director. Prosus, which this year slashed its valuation of Byju’s to $5.1 billion from …

BENGALURU, July 25 (Reuters) – Shares of Indian conglomerate ITC (ITC.NS) shares fell as much as 3.3% on Tuesday, extending a slide from the previous session, as investors baulked at the company’s plans to retain a 40% stake in its hotels business after spinning it off. ITC said on Monday …

BENGALURU, July 24 (Reuters) – India’s Reliance Industries (RELI.NS) said on Monday it would invest up to 10 billion Indian rupees ($122.24 million) in building data centers in the country along with Canada-based Brookfield Infrastructure. The announcement comes at a time when data center capacity in India is expected to …

BENGALURU, July 24 (Reuters) – India’s Vedanta (VDAN.NS) is confident of meeting its debt maturities of $2.7 bln this fiscal year, its CFO said on Monday. The company is committed to reducing debt as its “high-quality” assets continue to generate a healthy cash flow, Sonal Shrivastava said in a statement. …