ONGC reported consolidated net loss of Rs 6,189.44 crore in Q4 March 2020 as against net profit of Rs 4,751.36 crore in Q4 March 2019. Total income fell 6.6% to Rs 108,312.93 crore in Q4 March 2020 over Q4 March 2019.
Bharti Airtel and Comfort Investments II, an affiliated entity of CAP V Mauritius Limited, an investment fund managed and advised by affiliated entities of The Carlyle Group announced an agreement under which Comfort Investments II will invest US$235 million in Nxtra Data (Nxtra), a wholly owned subsidiary of Airtel engaged in the data centre business.
Hero MotoCorp has commenced the dispatches of its new motorcycle - the Hero Xtreme 160R. The Xtreme 160R further strengthens Hero MotoCorp's presence in the premium motorcycle segment.
Godfrey Phillips India reported 19.86% fall in consolidated net profit to Rs 38.69 crore on 3.56% rise in total income to Rs 622.15 crore in Q4 March 2020 over Q4 March 2019.
Techno Electric & Engineering Company reported 88.84% fall in consolidated net profit to Rs 3.36 crore on 42.04% fall in total income to Rs 121.24 crore in Q4 March 2020 over Q4 March 2019.
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Kalpataru Power Transmission has secured new orders / notification of award of Rs 956 crore.
GMM Pfaudler said the company has entered into a binding term sheet with De Dietrich Process Systems India (DDPSI) for itemized sale of their manufacturing facility at Hyderabad, Telangana.
Ahluwalia Contracts (India) reported 80.35% fall in consolidated net profit to Rs 6.09 crore on 14.23% rise in total income to Rs 552.12 crore in Q4 March 2020 over Q4 March 2019.
Bharat Bijlee reported 47.14% rise in net profit to Rs 14.17 crore on 4.22% fall in total income to Rs 269.18 crore in Q4 March 2020 over Q4 March 2019.
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