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PM holds meeting with DMs of over 40 districts on low Covid vaccination

PM holds meeting with DMs of over 40 districts on low Covid vaccination

Over 114 crore COVID-19 vaccine doses have been provided to states and union territories so far through Centre's free of cost channel and through direct state procurement category, the Union health ministry said on Wednesday.

More than 14.68 crore (14,68,60,146) -- balance and unutilised -- vaccine doses are still available with the states and union territories, it said.

India logs 119,03 new Covid infections and 311 deaths, active cases fall

India logs 119,03 new Covid infections and 311 deaths, active cases fall

India's COVID-19 tally reached 3,43,08,140 with a single-day rise of 11,903 cases, while the number of active cases declined to 1,51,209, the lowest in 252 days, according to the Union Health Ministry data updated on Wednesday.

The death toll has climbed to 4,59,191 with 311 daily fatalities, the data updated at 8 am showed.

Larsen & Toubro gains 4%, hits record high on hopes of strong order inflows

Larsen & Toubro gains 4%, hits record high on hopes of strong order inflows

Shares of Larsen & Toubro (L&T) rallied 4.3 per cent, hitting a record high of Rs 1,895 on the BSE in Wednesday’s intra-day trade on expectation of strong orders inflows as the management indicated tender pipeline remains strong at Rs 6.83 trillion, largely from infra and Hydrocarbon.

The stock of construction & engineering giant surpassed its previous high of Rs 1,884.90 touched on October 19, 2021. In past one week, the stock has gained 6 per cent, after the company posted a healthy operational performance for the quarter ended September 2021 (Q2FY22).

Gold price today at Rs 46,850 per 10 grams; silver at Rs 64,700 a kg

Gold price today at Rs 46,850 per 10 grams; silver at Rs 64,700 a kg

The price of ten grams of 24-carat gold on Wednesday increased by Rs 110 to Rs 47,850 from Tuesday's trading price. The price of silver increased by Rs 300 per kg from Tuesday's price to Rs 64,700.

In Delhi, the rate of 24-carat gold stands at Rs 51,200 and in Mumbai it is Rs 47,850. Ten grams of 22-carat gold in Delhi and Mumbai costs Rs 46,950 and Rs 46,850.

Bank of India profit zooms 100% to Rs 1,051 crore on low provisions

Bank of India profit zooms 100% to Rs 1,051 crore on low provisions

Bank of India’s net profit zoomed 99.89 per cent year-on-year (YoY) to Rs 1,051 crore for the second quarter of Q2FY22 on improvement in non-interest income and fall in the provisions for bad loans.

The public sector bank had posted a net profit of Rs 526 crore in the year-ago quarter. Sequentially, net profit was 45.97 per cent from Rs 720 crore a year ago.

SBI Q2 Results: Net profit jumps 67% to Rs 7,627 cr, asset quality improves

SBI Q2 Results: Net profit jumps 67% to Rs 7,627 cr, asset quality improves

Country's largest public lender, State Bank of India (SBI), on Wednesday reported a 67% rise in net profit at Rs 7,627 crore for the July-September quarter of fiscal year 2021-22 as against Rs 4,574 crore in the corresponding period of last year. This, as provisions for bad loans more than halved.

Total income increased 3% at Rs 77,689 crore as against Rs 75,342 crore in year-ago period. Provisions for bad loans slid 52% to Rs 2,699 crore, while the bank's gross bad loan ratio, a measure of asset quality, slipped to 4.90% from 5.32% a quarter earlier.

Zee announces Nov 11 as board meeting date to announce Q2 earnings

Zee announces Nov 11 as board meeting date to announce Q2 earnings

Zee Entertainment on Wednesday announced November 11 as board meeting date to announce earnings.

The company, which has been immersed in a legal battle with its largest shareholder, had cancelled October 27 board meet citing lack of quorum.

Adani Power gets NCLT nod to acquire Essar's 1,200 MW Mahan project in MP

Adani Power gets NCLT nod to acquire Essar's 1,200 MW Mahan project in MP

Adani Power on Wednesday said that it has got National Company Law Tribunal (NCLT) approval to acquire Essar Power's 1,200 MW thermal power project in Mahan, Madhya Pradesh.

NCLT, Principal Bench at New Delhi, in its order dated November 01, 2021, approved the resolution plan submitted by Adani Power Ltd for acquisition of EPMPL (Essar Power M P Ltd), a company undergoing insolvency resolution under the Insolvency and Bankruptcy Code, Adani Power stated in a BSE filing.

JSPL reports consolidated net profit of Rs 2,584 crore for Sept quarter

JSPL reports consolidated net profit of Rs 2,584 crore for Sept quarter

Naveen Jindal-led Jindal Ste­el & Power (JSPL) on Tuesday reported a consolidated net profit of Rs 2,584 crore for Sept­ember quarter as against Rs 837 crore in the corresponding period last year at a low base.

The company’s bottom line in June quarter stood at Rs 2,543 crore.

Bharti Airtel clocks Rs 1,134-cr consolidated net profit, beats estimates

Bharti Airtel clocks Rs 1,134-cr consolidated net profit, beats estimates

Bharti Airtel on Tuesday rang up a consolidated net profit of Rs 1,134 crore for the quarter ended September 30, beating estimates, aided by improved operational performance and exceptional income.

Brokerages had expected Bharti Airtel to show impressive sequential growth in net profit for the July-September quarter (Q2FY22) on the back of a steady subscriber base and tariff hikes in select pre- and post-paid plans.

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