Sat, Jan 23, 2021 10:50 PM
India will continue imposing ban on certain Chinese apps including Tiktok
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The Mumbai bench of the National Company Law Tribunal (NCLT) allows the withdrawal of the corporate insolvency resolution process (CIRP) against Syska LED Lights Pvt Ltd. Earlier, the tribunal had admitted the company under the insolvency resolution process and had appointed Ravi Prakash Ganti as the interim resolution professional for the company.
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The Nifty IT index is up for the fourth straight day on Thursday and is trading with gains of over 1.7%. This is the biggest single-day gain that the index has seen since March this year. All 10 constituents of the Nifty IT index, from Infosys, to TCS, Tech Mahindra, Mphasis and others, are trading with gains. Infosys is the top point contributor on the Nifty 50 index.
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Keystone Realtors Ltd on Wednesday reported a 60% fall in consolidated net profit to Rs 30.68 crore for the March quarter while its FY24 profit rose 36.92% to Rs 112.21 crore. Its net profit stood at Rs 76.59 crore in the year-ago period. Total income rose to Rs 826.15 crore in the fourth quarter of the last fiscal from Rs 357.63 crore in the corresponding period of the previous year.
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