Tata Communications, ICICI Lombard, Sterlite Technologies in focus

Image
Capital Market
Last Updated : Jan 20 2021 | 9:04 AM IST

Tata Communications reported 428.1% jump in consolidated net profit to Rs 309.15 crore on 0.27% fall in total income to Rs 4,231.05 crore in Q3 December 2020 over Q3 December 2019.

ICICI Lombard General Insurance Company reported 6.6% rise in net profit to Rs 313.53 crore on 9.74% rise in total income to Rs 3,198.87 crore in Q3 December 2020 over Q3 December 2019.

Sterlite Technologies said the company has completed the acquisition of 100% stake in Optotec S.p.A, a leading optical interconnect company through its wholly-owned subsidiary.

Skipper reported 147.3% jump in consolidated net profit to Rs 11.45 crore on 52.97% surge in total income to Rs 460.82 crore in Q3 December 2020 over Q3 December 2019.

Prince Pipes and Fittings has confirmed the receipt of Rs 26.10 crore from Prince Marketing (Promoter group entity).

Medicamen Biotech has planned a partial shutdown of its plant at Bhiwadi (Rajasthan) for 4 to 6 weeks.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jan 20 2021 | 8:44 AM IST

Next Story