Wipro said that Marelli has awarded it a multi-year, global, strategic IT deal. This partnership will help Marelli to standardize, simplify and further enhance their IT services at a global level and consolidate several current vendors across applications management serviies & workplace end user services. Marelli is a leading global Tier-1 automotive technology supplier.
Hero MotoCorp reported 16.32% rise in consolidated net profit to Rs 901.81 crore on 10.56% fall in total income to Rs 7,284.06 crore in Q3 December 2019 over Q3 December 2018. The company announced an interim dividend of 3250% amounting to Rs 65 per share
Bharti Airtel said the Department of Telecommunications has approved the merger of consumer mobile operations of Tata group with Bharti Airtel.
Tata Steel and NTPC will release numbers for the third quarter today, 7 February 2020.
Aurobindo Pharma reported 0.95% fall in consolidated net profit to Rs 705.45 crore on 11.05% rise in total income to Rs 5,925.93 crore in Q3 December 2019 over Q3 December 2018. The company launched 5 products during the quarter
Akzo Nobel India reported 27.51% rise in consolidated net profit to Rs 76.99 crore on 7.00% fall in total income to Rs 737.71 crore in Q3 December 2019 over Q3 December 2018. The industry saw muted growth because of sluggish demand and slowdown in automobile and real estate sectors.
Bata India reported 14.76% rise in consolidated net profit to Rs 118.27 crore on 6.86% rise in total income to Rs 847.85 crore in Q3 December 2019 over Q3 December 2018. In this quarter, Bata launched several campaigns to attract shoppers.
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