New Delhi, May 27 (IANS) India’s economic recovery from the pandemic shock has sustained in FY22 and the momentum is expected to broadly continue through the ongoing FY23, though with risks of downside from the geopolitical shock and its spillovers, said the RBI’s Annual Report for 2021-22 released on Friday. Despite the risks, the report…
New Delhi, May 11 (IANS) Airtel Africa has reported a revenue growth of 20.6 per cent for the year FY22, to $4,714 million, and 17.8 per cent for Q4FY22. Airtel Africa is a leading provider of telecommunications and mobile money services, with a presence in 14 countries primarily in East Africa and Central and West…
New Delhi, May 6 (IANS) Reliance Industries’ annual consolidated revenue for FY22 stood at Rs 792,756 crore ($104.6 billion), up 47 per cent year on year. The company’s annual profit after tax neared the $10 billion mark, as it stood at Rs 67,845 crore ($9 billion) increasing by 26.2 per cent. Annual consolidated EBITDA stood…
Mumbai, March 31 (IANS) FY22 has brought in healthy appreciation in stock value of two Tata Group companies — Tinplate Company of India Ltd and Automotive Stampings and Assemblies Ltd. Stocks of the two firms have seen a massive surge in FY22 on the back of healthy earnings growth, demand and future expansion plans. In…
New Delhi, March 17 (IANS) Those companies that got listed in FY22 (till December) witnessed an average of 26.2 per cent listing day gains, according to a KPMG report. Of the total 44 companies listed during the period, 17 companies returned standalone more than 25 per cent on their debut trading session. In terms of…
New Delhi, Feb 16 (IANS) India’s FY22 current account deficit faces mild upside risk from high commodity prices, said Acuite Ratings & Research. The wider merchandise trade deficits pulled India’s Q2FY22 current account into the negative territory. The current account swung into negative territory with a deficit of $9.6 billion in Q2FY22 from a surplus…
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