ICICI Bank: Q3FY20 net profit increased 158 percent to Rs 4,146.46 crore, while net interest income grew by 24.3 percent to Rs 8,545.32 crore year-on-year. (Image: Reuters)
Bank of Baroda: The bank posted a loss of Rs 1,407 crore for the quarter ended December 2019. Numbers missed the estimates of an analysts’ poll conducted by CNBC-TV18 pegged profit at Rs 645.2 crore for the quarter. (Image: Reuters)
TVS Motor Company: The company launched its first electric two-wheeler, the iQube Electric at Rs 1.15 lakh.
Vodafone Idea: India Ratings & Research cut company's long-term rating to BBB- from BBB. Crisil has downgraded its rating on non-convertible debentures (NCDs) to Crisil BB/ratings with negative implications from BBB-.
Cipla: US Food and Drug Administration completed cGMP inspection at company's Bommasandra unit with four observations.
Bajaj Finance: The board will mull raising funds via NCDs on January 29.
Axis Bank: The bank has proposed to raise funds up to Rs 5,000 crore via NCDs.
JSW Steel: Q3FY20 net profit fell 88 percent to Rs 187 crore as compared to Rs 1,603 crore in the same quarter a year earlier dragged by lower price realization. (Image: Reuters)
Strides Pharma: The company said the USFDA has completed inspection of its Alathur facility in Tamil Nadu with zero observations. "This is the second consecutive Zero 483 inspection for the site," Strides Pharma Science said in a filing to the BSE.
DCB Bank: Q3 net profit went up 12.3 percent at Rs 96.7 crore against Rs 86.10 crore YoY. Net interest income (NII) was up 10 percent at Rs 323.1 crore against Rs 293.6 crore YoY.
Siemens: The company said it has inked an agreement to acquire 99 percent equity in New Delhi-based C&S Electric for around Rs 2,100 crore. (Image: Reuters)