Wipro will announce its Q1 result today, 14 July 2020.

Adani Ports and Special Economic Zone (APSEZ) said that first ever containerized cargo export from India to Bangladesh using Inland Waterways has reached its destination Pangaon International Container Terminal, Dhaka on 12th July 2020.

Godrej Industries said that the management committee of the board of directors of the company approved issuance of upto 7,500 Rated, Listed, Unsecured, Redeemable, Non-Convertible Debentures having face value of Rs ten lakh each, aggregating to Rs 750 crore on private placement basis.

Sobha said that post easing of lockdown in first week of May, all offices, sites and factories got operational in line with respective state rules and regulations. However, the company also started witnessing labor migration issues across all states. This had an adverse impact on the company's operations at project sites and factories. During April and May months, the company have seen dip in sales but from June onwards, inquiries are at the pre-Covid levels and sales numbers has improved.

Adani Green Energy said it has increased its capacity by 50MW to 2,595 MW for the first quarter of fiscal 2021, on a sequential basis.

Phoenix Mills board approved raising of funds up to Rs 1,100 crore through issuance of equity shares, nonconvertible debt instruments along with warrants and convertible securities other than warrants or Global Depositary Receipts (GDRs) or Foreign Currency Convertible Bonds (FCCBs), to eligible investors including Foreign Institutions, Corporate Bodies, Mutual Funds, Banks, Insurance Companies, Pension Funds or individuals, either through Qualified Institutions Placement (QIP) and/or on a Preferential basis and/or Private Placement and/or any other permissible mode(s), in one or more tranches.

5Paisa Capital reported consolidated net profit of Rs 2.81 crore in Q1 June 2020 as compared to net loss of Rs 0.52 crore in Q1 June 2019. Total income rose 85.17% to Rs 42.44 crore.

Reliance Industries (RIL) and Jio Platforms announced that Qualcomm Ventures, the investment arm of Qualcomm Incorporated, an industry leader in wireless technologies, has committed to invest upto Rs 730 crore in Jio Platforms at an equity value of Rs 4.91 lakh crore and an enterprise value of Rs 5.16 lakh crore. Qualcomm Ventures' investment will translate into 0.15% equity stake in Jio Platforms on a fully diluted basis. The investment will deepen the ties between Qualcomm and Jio Platforms, to support Jio Platforms on its journey to rollout advanced 5G infrastructure and services for Indian customers.

Separately, Reliance Industries' subsidiary Jio Platforms received subscription amounts from Interstellar Platform Holdings Pte (Rs 1,894.50 crore for 0.39% stake), The Public Investment Fund (Rs 11,367 crore for 2.32% stake), SLP Redwood Holdings and SLP Redwood Co-Invest (DE), L.P. (Silver Lake) (Rs 10,202.55 crore for 2.08% stake) and General Atlantic Singapore JP Pte (Rs 6,598.38 crore for 1.34% stake).

Infosys and Old National Bancorp, the largest financial services bank holding company headquartered in Indiana, announced a strategic partnership that will enable faster adoption of digital solutions, modernize ONB's existing technology infrastructure, and enhance both the client and employee experience.

Biocon announced that it has received the Drugs Controller General of India's (DCGI) approval to market Itolizumab (ALZUMAb) Injection 25mg/5mL solution for emergency use in India for the treatment of cytokine release syndrome (CRS) in moderate to severe ARDS (acute respiratory distress syndrome) patients due to COVID-19.

Avenue Supermarts' consolidated net profit fell 87.59% to Rs 40.09 crore on a 32.47% decline in total income to Rs 3,933.78 crore in Q1 June 2020 over Q1 June 2019.

Galaxy Surfactants informed that the company has restarted operations at its units in Tarapur Location in a phased manner after receiving necessary permissions from the statutory authorities.

Clariant Chemicals (India) informed that the board of directors of the company has approved payment of special interim dividend on equity shares at Rs 140 per share for the financial year 2020-21. The company has fixed 18 July 2020 as the record date for the purpose of payment of special interim dividend.

Indian Railway Catering & Tourism Corporation's net profit surged 79.36% to Rs 150.61 crore on 5.14% rise in total income to Rs 607.24 crore in Q4 March 2020 over Q4 March 2019.

Steel Authority of India's consolidated net profit surged 382.95% to Rs 2,647.52 crore on 11.92% decline in total income to Rs 16,574.71 crore in Q4 March 2020 over Q4 March 2019.

Gujarat Narmada Valley Fertilizers & Chemicals' consolidated net profit surged 152.11% to Rs 240.01 crore on 7.85% decline in total income to Rs 1,384.76 crore in Q4 March 2020 over Q4 March 2019.

TCS reported a 13% decline in consolidated net profit to Rs 7049 crore on a 4% fall in revenue to Rs 38,322 crore in Q1 June 2020 (Q1FY21) over Q4 March 2020 (Q4FY20). Consolidated profit before tax stood at Rs 9504 crore in Q1FY21, declining nearly 10% from Rs 10,512 crore in Q4FY20. Total tax expense rose 1.5% to Rs 2455 crore in Q1FY21 over Q4FY20.

Tata Motors said that its subsidiary Jaguar Land Rover retail sales for the three-month period to 30 June 2020 were significantly impacted by Covid-19 in line with the unprecedented market conditions, but improved month-on-month through the quarter. June retail sales were 35,334 vehicles, down 24.9% year-on-year, but representing an improving monthly trend within the overall quarter, with total sales of 74,067 which was down 42.4% year-on-year. Strict lockdowns and social distancing measures for Covid-19 resulted in temporary shutdowns of most retailers and the company's manufacturing plants in April and much of May.

Reliance Industries (RIL) and BP announced the start of their new Indian fuels and mobility joint venture, Reliance BP Mobility Limited (RBML). Following initial agreements in 2019, BP and RIL teams have worked closely over the past few months in a challenging environment to complete the transaction as planned. BP has paid RIL $1 billion for a 49% stake in the joint venture, with RIL holding 51%.

Punjab National Bank said that a fraud of Rs 3688.58 crore is being reported by bank to RBI in the accounts of Dewan Housing Finance. The bank has already made provisions amounting to Rs 1246.58 crore, as per prescribed prudential norms. The bank's board approved raising of capital through issue of equity shares and Basel III Compliant Tier 2 Bonds by way of Private Placement, Qualified Institutions Placement (QIP), Further Public Offer (FPO), Rights Issue or any other mode or through a combination thereof up to an amount of Rs 10000 crore.

Gujarat Ambuja Exports said that the board of directors of the company will meet on 25th July 2020 to consider proposal for sub-division of equity share of the company of face value of Rs 2 each into two equity shares of Re 1 each.

V.I.P. Industries said that a meeting of the board of directors has approved the issue of principal protected, secured, rated, listed, redeemable, non-convertible, market-linked debentures (NCDs) on private placement basis in one or more tranches/ series/ types aggregating upto Rs. 100 crore.

Muthoot Capital Services said it has completed a securitization transaction of Rs 100.89 crore on July 06, 2020. This was the first securitization / direct assignment transaction carried out by the Company during the FY 2020- 2021.

IT bellwether TCS will consider Q1 results today, 9 July 2020.

ICICI Bank said that the bank's board has approved raising of funds for an amount aggregating up to Rs 15000 crore, in one or more tranches by way of issuance of Securities, through one or more permissible mode(s) including but not limited to a private placement, preferential issue, qualified institutions placement, follow-on public offering or a combination thereof.

State Bank of India said the executive committee of central board (ECCB) approved the formation of joint venture entity, SBICAP, its wholly owned subsidiary to invest in Investec Capital Services India to form a joint venture entity, along with transfer of SBICAP Securities institutional equities broking and research business to the JV entity proposed to be created.

Can Fin Homes said that the meeting of the board of directors of the company is scheduled on 17 July 2020 to consider and approve the proposal of raising funds by way of issue of equity shares through qualified institutions placement and/or preferential issue to promoters or rights issue and/ or any other permissible securities.

GE T&D India said that ICRA has reaffirmed the Long-term and Short-term credit ratings of the company and has downgraded the outlook from stable to negative for long-term ratings.

Kokuyo Camlin posted a net loss of Rs 0.34 crore in Q4 March 2020 as compared to net profit of Rs 4.55 in Q4 March 2019. Net sales declined by 25.4% to Rs 144.41 crore.

South Indian Bank reported 11.45% rise in net profit to Rs 81.65 crore on 4.58% rise in total income to Rs 2,171.86 crore in Q4 March 2020 over Q4 March 2019.

The Phoenix Mills informed the launch/opening of the company's new mall 'Phoenix Palassio' in Lucknow, on 8 July 2020. The mall is owned by company's wholly-owned subsidiary namely Destiny Retail Mall Developers.

Maruti Suzuki India said the company manufactured 50,742 vehicles in June 2020, against 1,11,917 vehicles in June 2019.

Adani Ports and Special Economic Zone (APSEZ) said the board of directors of the company approved the issuance of USD denominated foreign currency bonds which may be issued in one or more tranches overseas to raise upto $1.25 billion on private placement basis.

Titan Company said jewellery revenue in May and June months were at slightly below 20% and around 70% compared to the corresponding months of the previous year. The division also sold gold in the bullion market worth Rs 610 crore at market rates to optimize the inventory levels.

Birlasoft announced its partnership with Innoveo, a leading global technology company, strengthening its domain and digital capabilities to rapidly deliver world class solutions with Innoveo's enterprise-level no-code platform.

NR Agarwal Industries said that production has commenced at Unit 2 & Unit 5 (Writing & Printing) of the company with effect from July 6, 2020.

Zuari Agro Chemicals said that NPK -A plant of the company has been shut down due to the non-availability of workers owing to COVID-19.

Bajaj Finance said that customer franchise as of 30 June 2020 stood at 43 million as compared to 36.9 million as of 30 June 2019. During the quarter, the company acquired 0.5 million new customers. Assets under management (AUM) stood at approximately Rs 138,000 crore as of 30 June 2020 as compared to Rs 128,898 crore as of 30 June 2019. The company continues to remain well capitalized with capital adequacy ratio (CRAR) of approximately 26.4% as of 30 June 2020. Deposit book stood at approximately Rs 20,000 crore as of 30 June 2020 compared to Rs 15,084 crore as of 30 June 2019.

Godrej Consumer Products in its quarterly update for Q1 June 2020 said that while the company did see impact of lockdown in the early part of the quarter, it displayed strong agility in ramping up the production and resolving logistics challenges. The demand trends were mixed for the categories and geographies of operations.

The Securities Issuance Committee of Shriram Transport Finance Company approved rights issue of equity shares for an amount not exceeding Rs 1,500 crore. Issue price is Rs 570 per share. Rights entitlement ratio is 3 rights equity shares for every 26 equity shares held. The Securities Issuance Committee has fixed 10 July 2020 as the record date for the purpose of determining the equity shareholders entitled to receive the rights entitlement in the rights issue of equity shares.

PVR said its board of directors has fixed rights issue price of Rs 784 per equity share and rights entitlement ratio of 7 fully paid-up equity shares for every 94 equity share held. The record date for the purpose of determining the shareholders eligible to apply for the equity shares in the rights issue is 10 July 2020.

Punjab National Bank said that the meeting of the board of directors of the bank is scheduled on 9 July 2020 to consider and approve considering the raising of capital and opening balance sheet of the amalgamated bank as at 1 April 2020.

Canara Bank said that the meeting of the board of directors of the bank is scheduled on 10 July 2020 to consider the capital raising plan of the bank for the year 2020-21.

Karur Vysya Bank (KVB) has entered into an arrangement by which the health insurance products of Star Health & Allied Insurance will be made available through all 780 branches of KVB.

ICICI Bank said that the meeting of the board of directors of the bank is scheduled on 8 July 2020 to consider and approve the proposal of raising funds by issue of equity shares and/or other equity linked securities, through permissible mode(s) including but not limited to a private placement, preferential issue, qualified institutions placement, further public offer, etc., or any combination thereof.

HDFC Bank's advances aggregated to approximately Rs 10,045 billion as of June 30, 2020, a growth of around 21% as compared to Rs 8,297 billion as of June 30, 2019 (Rs 9,937 billion as of March 31, 2020). The bank's deposits aggregated to approximately Rs 11,895 billion as of June 30, 2020, a growth of around 25% as compared to Rs 9,546 billion as of June 30, 2019 (Rs 11,475 billion as of March 31, 2020).

Adani Ports and Special Economic Zone (APSEZ) on Friday (3 July) said it achieved a throughput of 41.5 MMT across its nine operating ports in India during Q1 June 2020. During the quarter, Mundra Port surpassed Jawaharlal Nehru Port Trust (JNPT) volume to become the largest container port in India.

NLC India and Coal India, both under the administrative control of Ministry of Coal, executed a joint venture agreement on 3 July 2020 for formation of a joint venture company to develop solar and thermal power assets to the tune of 5,000 MW on pan India basis. The equity participation in the proposed JVC between Coal India and NLC India will be in the ratio of 50:50. This JV company marks a new era in the power sector, with the synergy and expertise of two Central Public Sector Undertakings under the Ministry of Coal, the statement said.

Marico on Friday issued an overall summary of the operating performance and demand trends witnessed in Q1 June 2020. Marico witnessed significant disruptions during the first fortnight of April, but since then has been able to steadily scale up operations to near-normal levels in June. The company said it remains cautiously optimistic about the future as it unfolds, however much will depend on the extent of the spread of COVID-19 in India and overseas and how the on-ground environment evolves in conjunction with the response of respective governments.

Sobha announced sales volume of 650,400 square feet valued at Rs 488 crore, with a total average realization of Rs 7,498 per square feet in Q1 June 2020. Sobha said the price realization remained stable in Q1 June 2020. The company achieved new sales volume of 650,400 square feet in Q1 June 2020 from 1,063,632 square feet in Q1 June 2019. Total sales value dropped to Rs 487.70 crore from Rs 777.70 crore. Sobha's share of sales value declined to Rs 393.10 crore from Rs 660.60 crore. Total average realisation was Rs 7,498 per square feet over Rs 7,312 per square feet.

Indiabulls Housing Finance reported 86.4% drop in consolidated net profit to Rs 137.06 crore on 32% fall in total income to Rs 2954.20 crore in Q4 March 2020 over Q4 March 2019.

Meanwhile, the company's board approved issuing unsecured and/or secured, listed and/or unlisted, redeemable non-convertible debentures, with or without warrants, or any other similar security denominated in Indian rupee, or combination thereof, in one or more tranches for an aggregate amount up to Rs 5,000 crore (equivalent currency) on private placement basis or otherwise. Further, to augment the long term resources of the company, the board also approved raising rupee equivalent of up to $300 million, through one or more qualified institutions placement (QIPs).

Shriram Transport Finance Company is planning to raise funds. The NBFC will raise funds by issuing debt securities in onshore/offshore market by public issue and/or private placement basis and commercial papers. Separately, the NBFC announced that its board will meet on Monday (6 July) to consider the terms of the proposed rights issue, including the rights entitlement ratio, issue price and record date.

L&T Finance Holdings (LTFS) on Friday (3 July) said the agreement to sell its 100% stake in L&T Capital Markets (Middle East) to Proud Securities and Credits has been terminated as the buyer could not receive regulatory approvals to complete the transaction. LTFS had executed the deal with Proud Securities and Credits in November 2019.

PVR has scheduled a board meeting on 6 July to consider rights issue price, record date, rights entitlement ratio, etc. Last month, PVR's board approved raising upto Rs 300 crore through rights issue of equity shares.

Gati reported a consolidated net loss of Rs 62.91 crore in Q4 FY20 as compared to a net profit of Rs 8.28 crore in Q4 FY19. Net sales during the quarter fell 19.4% year-on-year (YoY) to Rs 370.09 crore.

National Fertilizers (NFL) has achieved highest-ever fertilizer sale of 12.85 lakh metric tonnes (LMT) in Q1 June 2020. This is about 21.5% higher than the sales of 10.57 LMT reported in Q1 June 2019.

Hindustan Oil Exploration Company (HOEC) has temporarily suspended operations at PY-1 field from 3 July 2020 considering the Covid-19 situation in Tamil Nadu. The precautionary measure is for ensuring the safety of employees. PY-1 field is in the offshore part of the Cauvery Basin. The field will resume its operations once the situation is improved, the oil & gas exploration and production firm said in a statement.

Reliance Industries (RIL) and Jio Platforms announced today that Intel Capital will invest Rs 1,894.50 crore in Jio Platforms at an equity value of Rs 4.91 lakh crore and an enterprise value of Rs 5.16 lakh crore. Intel Capital's investment will translate into a 0.39% equity stake in Jio Platforms on a fully diluted basis. Intel Capital joins the list of firms who have recently invested in Jio Platforms, taking the total investment amount to Rs 117,588.45 crore.

Vedanta will be excluded from the Nifty 50 index and it will be replaced by HDFC Life Insurance Company. The change shall become effective from 31 July 2020.

Hindustan Unilever yesterday announced the next step in the evolution of its skin care portfolio to a more inclusive vision of Positive Beauty, and introduces Glow & Lovely, the new name for the Fair & Lovely brand. Over the next few months, Glow & Lovely will be on the shelves, and future innovations will deliver on this new proposition. The Men's range of Fair & Lovely will be called 'Glow & Handsome'.

Muthoot Finance said that a meeting of the board of directors of the company is scheduled to be held on 18 July 2020 to consider and approve the proposal for sub-division / stock split of equity shares of the company. Besides, approval of shareholders for increase the borrowing powers of the board of directors of the company from existing Rs 50,000 crore to Rs 75,000 crore.

The board of directors of Motherson Sumi Systems approved a group reorganization plan. The reorganization realigns interests of all its stakeholders and creates a simplified corporate structure for growth of businesses across product portfolios within auto components space and allied operations. The reorganization plan approved by the respective boards of MSSL and Samvardhana Motherson International (SAMIL) among other things, entails demerger of Domestic Wiring Harness (DWH) business from MSSL into a new company which is in the process of being incorporated as a wholly owned subsidiary of MSSL (New Co.) and subsequent merger of SAMIL into MSSL to consolidate 100% shareholding in Samvardhana Motherson Automotive Systems Group BV (SMRP BV) as well as to bring all auto component and allied businesses in SAMIL under MSSL.

Tau Investment Holdings Pte. (Acquirer) announced open offer for acquisition of up to 20,093,346 equity shares of J.B. Chemicals & Pharmaceuticals together with Tau Holdco Pte. and KKR Asia III Fund Investments Pte from the public shareholders. The open offer is being made at a price of Rs 745 per equity share.

VST Tillers Tractors reported sales of 805 tractors in June 2020 as against 728 units in June 2019. Sales of power tillers stood at 2,675 units against 3,325 units.

WPIL reported 70.66% surge in consolidated net profit to Rs 24.90 crore on 4.18% rise in total income to Rs 287.01 crore in Q4 March 2020 over Q4 March 2019.

Tata Motors announced its sales in the domestic & international market, for Q1 FY21, which stood at 25,047 vehicles, compared to 1,37,545 units during Q1 FY20.

Ashok Leyland reported a 82% decline in total sales at 2,132 units for June 2020, as against 12,085 units in the same month last year.

TVS Motor Company registered sales of 198,387 units in June 2020 as against 297,102 units registered in the month of June 2019.

Coal India's coal output fell to 39.20 million tonnes in June, compared with 44.95 million tonnes in the same period the previous year. Offtake fell to 41.61 million tonnes in June 2020 from 48.98 million tonnes in June 2019.

NMDC said its iron ore production stood at 2.52 MT in June, same as it was in June 2019. Its sales were at 2.48 MT in June 2020, slightly lower from 2.66 MT in June 2019.

Eveready Industries India reported 1,289.21% surge in consolidated net profit to Rs 63.07 crore on 13.64% drop in total income to Rs 298.26 crore in Q4 March 2020 over Q4 March 2019.

Urja Global has signed a Memorandum of Understanding (MOU) with Ogata Motors India for manufacturing of electric vehicles in Delhi.

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.

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.

Tata Steel reported consolidated net loss of Rs 1,481.34 crore in Q4 March 2020 as against net profit of Rs 2,382.55 crore in Q4 March 2019. Total income fell 18.1% to Rs 35,233.45 crore in Q4 March 2020 over Q4 March 2019.

Infosys announced the launch of an all-new, Personalized Medicine solution for the pharmaceutical industry. The Infosys Personalized Medicine Solution enables pharma companies to digitally transform their processes and drive stronger business outcomes.

Tata Power Company said that board of directors of the company will meet on 2 July 2020 to consider and approve the proposal for raising funds by way of issue of one or more instruments including equity shares, convertible securities of any description or warrants or debt securities, through preferential issue, private placements, rights issue or any other methods or combination thereof.

Minda Industries reported 90.07% fall in consolidated net profit to Rs 7.30 crore on 9.64% fall in total income to Rs 1,354.93 crore in Q4 March 2020 over Q4 March 2019.

Bharat Dynamics reported 149.51% surge in net profit to Rs 309.72 crore on 57.17% rise in total income to Rs 1,467.75 crore in Q4 March 2020 over Q4 March 2019.

Central Bank of India reported net loss of Rs 1,529.07 crore in Q4 March 2020 as against net loss of Rs 2,477.41 crore in Q4 March 2019. Total income rose 1.56% to Rs 6,723.73 crore in Q4 March 2020 over Q4 March 2019.

Force Motors reported 83.47% fall in consolidated net profit to Rs 6.06 crore on 39.11% fall in total income to Rs 663.52 crore in Q4 March 2020 over Q4 March 2019.

ITC reported 9.09% rise in consolidated net profit to Rs 3,856.52 crore on 4.85% fall in total income to Rs 13,228.40 crore in Q4 March 2020 over Q4 March 2019. The company's board has recommended dividend of Rs 10.15 per share for the financial year ended 31st March 2020.

Coal India reported 23.03% fall in consolidated net profit to Rs 4,637.95 crore on 2.92% fall in total income to Rs 29,481.41 crore in Q4 March 2020 over Q4 March 2019.

NTPC reported a 71.64% drop in consolidated net profit to Rs 1,442.57 crore on a 29.05% rise in total income to Rs 33,156.91 crore in Q4 March 2020 over Q4 March 2019.

Bajaj Finance informed that S&P Global Ratings has, vide its letter dated 26 June 2020, downgraded the credit rating of the company from Long term rating of 'BBB-/Negative' and Short-term rating of 'A-3' to Long term rating of 'BB+/Stable' and Short-term rating of 'B'.

Sun TV Network reported 15.98% fall in consolidated net profit to Rs 245.24 crore on 17.22% fall in total income to Rs 818.81 crore in Q4 March 2020 over Q4 March 2019.

Oil India reported a consolidated net profit of Rs 1,597.40 crore in Q4 March 2020 as against net loss of Rs 70.59 crore in Q4 March 2019. Total income rose 4.86% to Rs 3,792.49 crore in Q4 March 2020 over Q4 March 2019.

Glenmark Pharmaceuticals reported 36.28% rise in consolidated net profit to Rs 220.31 crore on 9.3% rise in total income to Rs 2,844.51 crore in Q4 March 2020 over Q4 March 2019.

National Aluminium Company reported 57.2% fall in consolidated net profit to Rs 100.51 crore on 28.72% fall in total income to Rs 2,042.27 crore in Q4 March 2020 over Q4 March 2019.

Ruchi Soya Industries reported net loss of Rs 41.25 crore in Q4 March 2020 as against net profit of Rs 32.11 crore in Q4 March 2019. Total income rose 1.01% to Rs 3,209.02 crore in Q4 March 2020 over Q4 March 2019.

EIH reported 111.04% surge in consolidated net profit to Rs 27.92 crore on 19.99% fall in total income to Rs 431.17 crore in Q4 March 2020 over Q4 March 2019.

Ashok Leyland reported 97.46% fall in consolidated net profit to Rs 18.07 crore on 48.23% fall in total income to Rs 5,128.20 crore in Q4 March 2020 over Q4 March 2019.

Apollo Tyres commissioned its 7th manufacturing unit globally, and the fifth one in India, with the first tyre rolling out on Thursday from the Andhra Pradesh greenfield facility in the southern part of the country.

Container Corporation of India (Concor) reported 12.82% fall in consolidated net profit to Rs 311.52 crore on 15.63% fall in total income to Rs 1,668.51 crore in Q4 March 2020 over Q4 March 2019.

Endurance Technologies reported 28.13% fall in consolidated net profit to Rs 106.83 crore on 15.31% fall in total income to Rs 1,614.20 crore in Q4 March 2020 over Q4 March 2019.

Engineers India reported 34.56% rise in consolidated net profit to Rs 119.69 crore on 37.75% rise in total income to Rs 930.74 crore in Q4 March 2020 over Q4 March 2019.

Galaxy Surfactants reported 9.98% rise in consolidated net profit to Rs 62.80 crore on 4.2% fall in total income to Rs 656.66 crore in Q4 March 2020 over Q4 March 2019.

Somany Ceramics reported consolidated net loss of Rs 9.32 crore in Q4 March 2020 as compared to net profit of Rs 24.09 crore in Q4 March 2019. Total income fell 31.51% to Rs 359.05 crore.

Star Cement reported 4.4% fall in consolidated net profit to Rs 85.83 crore on 3.47% rise in total income to Rs 556.54 crore in Q4 March 2020 over Q4 March 2019.

INEOS Styrolution India reported net profit of Rs 4.45 crore in Q4 March 2020 as compared to net loss of Rs 13.60 crore in Q4 March 2019. Total income fell 25.38% to Rs 360.64 crore.

Tata Consultancy Services (TCS) has successfully implemented a unified partner commerce platform for Zebra Technologies, a market leader in industry-tailoredsolutions that intelligently connect people, assets and data.

BPCL is planning to raise up to Rs 3,000 crore during the current financial year 2020-21 through private placement of unsecured non-convertible debentures subject to market conditions. The details of the issue viz., class of investors, issue price, tenor, interest rate etc. will depend on the market conditions which will be intimated on crystallization of the issue, BPCL said.

The board of directors of Bharti Infratel said they have further extended the Long Stop Date till 31 August 2020 for merger with Indus Towers, subject to agreement on closing adjustments and other conditions precedent for closing, with each party retaining the right to terminate and withdraw the scheme.

General Insurance Corporation of India reported 47.33% rise in consolidated net profit to Rs 1,309.62 crore on 43.09% rise in total income to Rs 9,886.85 crore in Q4 March 2020 over Q4 March 2019.

Canara Bank reported a net loss of Rs 3,259.33 crore in Q4 March 2020, higher than net loss of Rs 551.53 crore in Q4 March 2019. Total income rose 1.59% to Rs 14,222.39 crore.

Karur Vysya Bank reported 39.45% rise in net profit to Rs 83.70 crore on 3.27% rise in total income to Rs 1,803.15 crore in Q4 March 2020 over Q4 March 2019.

Astra Microwave Products reported 29.22% rise in consolidated net profit to Rs 10.26 crore on 50.94% rise in total income to Rs 181.64 crore in Q4 March 2020 over Q4 March 2019.

H.G. Infra Engineering reported 39.49% rise in consolidated net profit to Rs 51.25 crore on 7.62% rise in total income to Rs 626.64 crore in Q4 March 2020 over Q4 March 2019.

Wipro announced that it has been awarded a strategic, multi-year infrastructure modernization and digital transformation services engagement by Germany-based energy company E.ON.

Asian Paints reported 2.07% fall in consolidated net profit to Rs 461.89 crore on 7.11% fall in total income to Rs 4,695.35 crore in Q4 March 2020 over Q4 March 2019.

Berger Paints India reported 6.37% fall in consolidated net profit to Rs 103.72 crore on 7.86% fall in total income to Rs 1,371.49 crore in Q4 March 2020 over Q4 March 2019.

EIH Associated Hotels reported 40.96% fall in consolidated net profit to Rs 10.74 crore on 17.58% fall in total income to Rs 72.86 crore in Q4 March 2020 over Q4 March 2019.

Balrampur Chini Mills reported 17.84% fall in consolidated net profit to Rs 234.84 crore on 31.93% rise in total income to Rs 1,761.29 crore in Q4 March 2020 over Q4 March 2019.

Separately, Balrampur Chini Mills' board of directors approved buyback of equity shares not exceeding one crore shares at Rs 180 per share through stock exchange and fixed July 3 as record date for determining the eligible shareholders to participate in the buyback offer.

Finolex Industries reported 39.04% fall in consolidated net profit to Rs 55.71 crore on 21.44% fall in total income to Rs 767.09 crore in Q4 March 2020 over Q4 March 2019.

Honda Siel Power Products reported 54.98% fall in consolidated net profit to Rs 4.84 crore on 14.86% fall in total income to Rs 199.27 crore in Q4 March 2020 over Q4 March 2019.

JMC Projects (India) has secured new orders of Rs 938 crore. This include water supply projects in Uttar Pradesh totaling Rs 841 crore and building project in South India totaling Rs 97 crore.

Reliance Industries (RIL) said that the Forty-third Annual General Meeting (Post-IPO) (AGM) of the members of the company will be held on 15 July 2020 at 02:00 p.m. IST through Video Conferencing (VC) / Other Audio-Visual Means (OAVM).

Select bank stocks will be in focus. Fitch Ratings has revised the outlook to negative from stable on the long-term issuer default ratings (IDR) of select banks, while affirming their IDRs, Support Ratings (SR) and Support Rating Floors (SRF). The banks include State Bank of India (SBI), Bank of Baroda (BOB), Bank of India (BOI), Canara Bank, Punjab National Bank (PNB), ICICI Bank and Axis Bank. At the same time Fitch has affirmed IDBI Bank's IDR while maintaining the outlook at negative.

Info Edge (India) reported 63.68% fall in consolidated net profit to Rs 119.10 crore on 9.04% fall in total income to Rs 533.21 crore in Q4 March 2020 over Q4 March 2019.

Info Edge (India) said that its board of directors approved raising of funds through issue of equity shares by way of Qualified Institutions Placement to eligible qualified institutional buyers for an aggregate amount not exceeding Rs 1875 crore.

Sudarshan Chemical Industries reported 5.77% rise in consolidated net profit to Rs 27.31 crore on 3.77% rise in total income to Rs 450.11 crore in Q4 March 2020 over Q4 March 2019.

Karnataka Bank launched a new product viz. KBL Micro Mitra, wherein financial assistance up to Rs 10 lakh can be provided to the Micro manufacturing and service enterprises either for working capital or for investment purposes. The facility comes with a simplified procedure and competitive rate of interest.

Balaji Amines reported 16.52% rise in consolidated net profit to Rs 30.82 crore on 14.16% rise in total income to Rs 259.58 crore in Q4 March 2020 over Q4 March 2019.

Skipper reported 58.42% rise in consolidated net profit to Rs 28.12 crore on 1.41% rise in total income to Rs 439.88 crore in Q4 March 2020 over Q4 March 2019.

UFO Moviez India reported 79.79% fall in consolidated net profit to Rs 6.78 crore on 43.2% fall in total income to Rs 112.10 crore in Q4 March 2020 over Q4 March 2019.

Cipla announced the launch of remdesivir under its brand name CIPREMI. The U.S. FDA issued an Emergency Use Authorization (EUA) to Gilead Sciences Inc. for emergency use of remdesivir for the treatment of hospitalized 2019 coronavirus disease (COVID-19) patients. It is the only U.S. FDA approved Emergency Use Authorisation (EUA) treatment for adult and paediatric patients hospitalized with suspected or laboratory confirmed COVID-19 infection. In May, Gilead Sciences Inc. extended a voluntary non-exclusive license to Cipla to manufacture and market Cipla's generic version of remedisvir called CIPREMI.

Glenmark Pharmaceuticals on Friday (19 June) said it received Indian drug regulator's approval to launch the oral antiviral drug, Favipiravir, for treating mild to moderate COVID-19 patients in India. It is for restricted emergency use in India. Restricted use entails responsible medication use where every patient must have signed informed consent before treatment initiation.

Alkem Laboratories on Saturday (20 June) said its board has approved the closure of operations of its manufacturing facility i.e Betalactum Block located at Daman from 19 June 2020. The Betalactum manufacturing facility mainly catered to International Market and was significantly underutilized. The company has explored alternate manufacturing opportunities to cater to demand.

Power Grid Corporation of India reported an 8.2% rise in consolidated net profit to Rs 3313.47 crore on a 6.4% rise in net sales to Rs 10,148.26 crore in Q4 March 2020 over Q4 March 2019.

Unichem Laboratories reported a consolidated net loss of Rs 17.19 crore in Q4 March 2020 compared with net profit of Rs 37.99 crore in Q4 March 2019. Net sales fell 14.6% year-on-year (YoY) to Rs 320.23 crore during the quarter. Profit before tax stood at Rs 0.44 crore in Q4 FY20, down 98.5% from Rs 28.98 crore in Q4 FY19.

Punjab National Bank (PNB) reported a net loss of Rs 697.20 crore in Q4 March 2020, lower than net loss of Rs 4749.64 crore in Q4 March 2019. Total income rose 11.3% year-on-year (YoY) to Rs 16,388.32 crore in Q4 FY20. Pre-tax loss in Q4 FY20 stood at Rs 969.03 crore, lower than pre-tax loss of Rs 7209.93 crore in Q4 FY19.

Balkrishna Industries reported 42.3% rise in consolidated net profit to Rs 264.70 crore on 1.2% rise in revenue from operations to Rs 1372.27 crore in Q4 March 2020 over Q4 March 2019.

Novartis India's net profit dropped 65.3% to Rs 6.78 crore on 15.1% fall in net sales to Rs 93.70 crore in Q4 March 2020 over Q4 March 2019.

LIC Housing Finance's consolidated net profit tanked 39.1% to Rs 424.31 crore on 5.1% rise in total income to Rs 4,903.54 crore in Q4 March 2020 over Q4 March 2019.

The Ramco Cements' consolidated net profit fell 13.2% to Rs 143.08 crore on 9.5% decline in net sales to Rs 1381.74 crore in Q4 March 2020 over Q4 March 2019. Profit before tax (PBT) stood at Rs 185.21 crore in Q4 FY20, down by 24.1% from Rs 243.92 crore in Q4 FY19.

Greenlam Industries' consolidated net profit slipped 8.6% to Rs 21.71 crore on 10% decline in net sales to Rs 324.02 crore in Q4 March 2020 over Q4 March 2019.

Reliance Industries (RIL) on Thursday (18 June) said Saudi Arabia's Public Investment Fund (PIF) will buy 2.32% stake in Jio Platforms for Rs 11,367 crore. This investment values Jio Platforms at an equity value of Rs 4.91 lakh crore and an enterprise value of Rs 5.16 lakh crore. Jio Platforms is a wholly-owned subsidiary of RIL.

Cipla and Roche Products (India) (Roche Pharma) announced that the two companies have entered into an agreement to provide better access to innovative medicines for patients in India. Under this agreement, Cipla will be responsible for marketing and distribution of Roche Pharma's key trademark oncology drugs viz.,Trastuzumab (Herclon), Bevacizumab (Avastin) and Rituximab (Ristova).

Tata Motors informed that based on Moody's Investor Service letter dated 18 June 2020, the credit rating of the company and its subsidiary Jaguar Land Rover Automotive Plc has been downgraded due to challenges posed by the coronavirus outbreak.

Thermax reported 69.24% fall in consolidated net profit to Rs 39.03 crore on 36.32% fall in total income to Rs 1,353.66 crore in Q4 March 2020 over Q4 March 2019.

Gujarat State Fertilizers & Chemicals reported 36.83% fall in consolidated net profit to Rs 61.85 crore on 6.45% fall in total income to Rs 1,874.73 crore in Q4 March 2020 over Q4 March 2019.

MOIL reported 90.35% fall in consolidated net profit to Rs 13.47 crore on 41.95% fall in total income to Rs 282.96 crore in Q4 March 2020 over Q4 March 2019.

Lumax Industries reported 14.81% rise in consolidated net profit to Rs 16.36 crore on 11.33% fall in total income to Rs 393.64 crore in Q4 March 2020 over Q4 March 2019.

Capacite Infraprojects reported 84.94% rise in consolidated net profit to Rs 4.04 crore on 38.31% fall in total income to Rs 312.92 crore in Q4 March 2020 over Q4 March 2019.

DIC India said that the registration of the land at Chandivali, Mumbai has been completed in favour of Godrej Properties on 18 June 2020. The company has received the first tranche of Rs 102.5 crore upon registration.

Pidilite Industries reported 33.01% rise in consolidated net profit to Rs 157.53 crore on 8.15% rise in total income to Rs 1,558.74 crore in Q4 March 2020 over Q4 March 2019.

Muthoot Finance reported 53.06% rise in consolidated net profit to Rs 829.37 crore on 26.08% rise in total income to Rs 2,633.58 crore in Q4 March 2020 over Q4 March 2019.

Indraprastha Gas reported 27.48% rise in consolidated net profit to Rs 290.76 crore on 2.25% rise in total income to Rs 1,632.38 crore in Q4 March 2020 over Q4 March 2019.

Fortis Healthcare reported a consolidated net loss of Rs 44.51 crore in Q4 March 2020 as against a net profit of Rs 135.60 crore in Q4 March 2019. Total income declined 25.81% to Rs 1,133.35 crore.

REC reported 62.16% fall in consolidated net profit to Rs 473.99 crore on 18.45% rise in total income to Rs 7,905.34 crore in Q4 March 2020 over Q4 March 2019.

J K Cement reported 19.03% rise in consolidated net profit to Rs 164.13 crore on 1.67% fall in total income to Rs 1,572.95 crore in Q4 March 2020 over Q4 March 2019.

Jaiprakash Power Ventures posted a consolidated net loss of Rs 73.43 crore in Q4 March 2020 as against a net loss of Rs 246.58 crore in Q4 March 2019. Total income declined 9.8% to Rs 747.24 crore.

Karnataka Bank has launched a special health insurance policy in association with Universal Sompo General Insurance Company to cover the uncertainties posed by COVID-19 pandemic.

BEML has flagged off the last train set for Kolkata Metro (East - West) project from its Metro coach factory at Bangalore Complex. BEML secured the contract for 14 train sets (6 cars each), valued at approx Rs 900 crore from Kolkata Metro Rail Corporation.

HCL Technologies announced the commencement of its operations in Sri Lanka. Marking its presence in the region, HCL plans to create over 1,500 new local employment opportunities for both freshers and experienced professionals, within the first eighteen months of kick-starting its operations from its office in Colombo. A key part of HCL's business and development strategy in Sri Lanka will be to use local talent pool of Sri Lanka for global assignments.

Wipro Gallagher Solutions (WGS), a Wipro company announced a partnership with DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services for the mortgage industry. The partnership will enable Wipro Gallagher Solutions to advance digital mortgage processes via a seamless integration to DocMagic services.

HPCL reported consolidated net loss of Rs 27.63 crore in Q4 March 2020 against a net profit of Rs 3,340.03 crore in Q4 March 2019. Total income fell 3.2% to Rs 66,659.85 crore in Q4 March 2020 over Q4 March 2019.

Shares of HDFC Asset Management Company (HDFC AMC) will be watched. Standard Life Investments (the promoter of the company)(the Seller) proposes to sell up to 60 lakh equity shares (representing approximately 2.82% stake in HDFC Asset Management Company on 17 June 2020 (for non-retail investors only) and on 18 June 2020 (for retail investors and for non-retail investors who choose to carry forward their un-allotted bids), with an option to additionally sell up to 6,000,000 equity shares (representing approximately 2.82% stake). The floor price for the sale shall be Rs 2,362 per share.

NMDC reported 78.23% fall in consolidated net profit to Rs 315.39 crore on 13.51% fall in total income to Rs 3,320.95 crore in Q4 March 2020 over Q4 March 2019.

Navin Fluorine International reported 675.13% surge in consolidated net profit to Rs 272.69 crore on 6.99% rise in total income to Rs 282.26 crore in Q4 March 2020 over Q4 March 2019.

Ashoka Buildcon reported consolidated net profit of Rs 134.56 crore in Q4 March 2020 against a net loss of Rs 10.24 crore in Q4 March 2019. Total income fell 0.83% to Rs 1,610.56 crore in Q4 March 2020 over Q4 March 2019.