Second quarter earnings: Asian Paints, Bajaj Auto, Bajaj Holdings, Bharti Infratel, Biocon, Coforge, HDFC AMC, L&T Finance, 3i Infotech, Bajaj Holdings, SBI Cards & Payments, Uco Bank – These companies are scheduled to announce their September quarter earnings in the day .
Bajaj Finserv: Bajaj Finserv on Wednesday reported an 18.06 percent decrease in consolidated net profit to Rs 986.29 crore for the quarter ended September.
Zee Entertainment Companies: Zee Entertainment Enterprises has introduced a new organizational structure, dividing the companies into different verticals for content, technology and revenue and monetization. The company has also hired former BCCI CEO Rahul Johri in a newly created position of president of business in South Asia. Johri will be responsible for leading the integrated revenue and monetization team at ZEE.
Dependency Industries: Reliance Jio has launched the new and revamped ‘JioPages’, its Indian-made mobile browser that is available in eight Indian languages and promises an improved browsing experience while focusing on data privacy. The new version of the browser made its debut on the Google Playstore on Tuesday.
Kirlosker Industries: Sebi imposed a hefty sanction of nearly 15 million rupees on Kirloskar Industries, certain promoters of the Kirloskar Group, including Atul Kirloskar, Rahul Kirloskar and five others for violating securities laws.
JK Tire & Industries: JK Tire & Industries on Wednesday reported a 34.6 percent decrease in consolidated net profit to Rs 109.68 crore for the second quarter ending in September.
HDFC: The mortgage lender has further lowered deposit rates by 10 to 20 basis points, bringing them to their lowest level in 43 years.
KPIT Technologies: Technology company KPIT Technologies posted a 22.5 percent drop in consolidated net profit on Wednesday to Rs 27.8 crore for the quarter ending September.
Suzlon Energy: Wind turbine maker Suzlon Energy has completed a debt reform, the second in less than a decade, and is now preparing to become profitable.
Greenply Industries: Jwalamukhi Investment Holdings and Westbridge Crossover Fund extinguished their entire stake in indoor infrastructure company Greenply Industries, while Plutus Wealth Management licked their shares.
Naval Trust and Engineering: Valiant Mauritius Partners FDI sold 51.76,072 shares of Reliance Naval & Engineering at 1.76 rupees per share. At the end of June, he had a 2.22 percent stake in the company.
CG industrial and energy solutions: Shareholders of CG Power and Industrial Solutions Ltd, affected by the fraud, have voted overwhelmingly to declassify the fired founder and chairman, Gautam Thapar, as promoter, and have reappointed Sudhir Mathur, who is leading the rescue of the company, as director.
Repco Home Finance: DSP Blackrock Core Fund sold 3.51,463 shares of Repco Home Finance at Rs 197.38 per share
.
