Wed, Jan 20, 2021 5:50 PM
Xiaomi Mi Notebook 14 unveiled in India with 10th Gen Intel Core processor
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The rupee settled on a flat note at 83.51 (provisional) against the US dollar on Tuesday, as the support from positive domestic markets and favourable inflation data was negated by strong US Dollar and foreign fund outflows. Forex traders said the rupee remains under pressure due to ongoing elections as well as foreign fund outflows and the same shall subside once the results are out.
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Telecom major Bharti Airtel reported a consolidated net profit of Rs 2,072 crore for the March quarter of the financial year 2023-24, down 31.1 percent from the year-ago period. Its consolidated Q4 revenue came in at Rs 37,599 crore, up 4.4 percent from the previous year, impacted by devaluation of African currencies during the period, particularly Nigerian Naira, the telecom operator said.
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A few companies including fintech player Mobikwik are facing delays in getting approval from the Securities and Exchange Board of India (SEBI) for their initial public offerings (IPOs) as past share sales by investors/shareholders of these companies have been found to not be compliant with the Companies Act, sources told Moneycontrol.
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