BSNL unveiled a new offer aimed at targeting government sector employed customers. The telecom service provider is offering a flat 10% discount to all the government sector employees in the country on its select services which include landline, broadband internet and fibre to home internet plans. Earlier, BSNL provided a flat discount of 5% on the bills of government employees.

Television 18 announced -4.52% fall YoY in Dec-20 quarter consolidated revenues at Rs1,360.95cr. The overall top line was higher on a sequential basis but lower on a YoY basis due to the lag effect of the pandemic as corporate ad revenues saw an impact. Consolidated Profit after tax (PAT) for the Dec-20 quarter was up 83.86% at Rs377.2cr.

Tata Communications recorded flat growth YoY in Dec-20 quarter consolidated revenues at Rs4,222.83cr. Despite lower YoY revenues from voice solutions, the company recorded growth in data and managed services in the Dec-20 quarter. Consolidated Profit after tax (PAT) for the Dec-20 quarter was up 425.76% at Rs309.41cr on better-operating metrics and higher deferred tax credits in the quarter.

Bank of Maharashtra is considering to raise up to Rs 1000 crore in bonds before the end of the fiscal. Chief executive AS Rajeev announced that the bank would raise Rs 500 crore in tier 2 bonds soon while it may go for another Rs 500 crore in additional tier 1 (AT1) bonds if pricing is attractive. The informed capital raising is part of its growth plan for the next financial year starting April.

DCM Shriram is planning to invest Rs 1,000 crore into its chemicals business. The money will be raised internally from DCM Shiriam's operating cash flow and capex. With an annual turnover of Rs 7,767 crore, the company's board approved the investment for its facility in Bharuch in Gujarat. The new development will increase its production capacity of aluminium chloride from 60 to 150 tonnes a day.

Steel Strips Wheels achieved a new export order for over 37,000 wheels on Tuesday. The order is expected to be executed on March 21, 2021, from the company's  Chennai Plant. On Sensex, the company's stock completed at Rs612.40 per piece up 1.06%. The stock has touched an intraday high of Rs622.95 per piece and intraday low of Rs604.50 per piece respectively.

Torrent Pharma Limited board has fixed February 16, 2021, as the Record Date for the purpose of Interim Dividend payment, if finalised by the Board at their meeting scheduled to be held on February 8, 2021. The company stock ended at Rs2,750.50 up by Rs113.9 or 4.32% from its previous closing of Rs2,636.60 on the BSE. It touched a high and low of Rs2,790.45 and Rs2,647 respectively.

Goa Carbon Limited (GCL) resumed operations at the company’s Paradeep Unit, Odisha. “The Kiln has been lit up from today. After preliminary heat up and commencement of feeding of raw material, normal production is likely to resume shortly,” the company announced in a regulatory filing on Monday. The plant was temporarily shut-down for maintenance work from January 11, 2021.

Edtech startup Mindler on Tuesday announced that it raised a $1 million pre-Series A round led by Inflection Point Ventures. The newly acquired funds will be utilised towards expanding Mindler’s base of institutional partnerships and alliances. Mindler also plans to utilise it for further strengthening of its platform with the objective of shaping the entire career guidance ecosystem.

Uttam Sugar Mills Limited informed the exchanges Monday that the preference share redemption committee at a meeting held on January 18, 2021, has redeemed one lakh, 6.50% non-cumulative redeemable preference share of Rs100/- each. Uttam Sugar Mills Ltd ended at Rs101 per piece up by Rs1.9 or 1.92% from its previous closing of Rs99.10 per piece on the BSE.

Adani Enterprises turned out to be the highest bidder for both bundles of the national road developer’s latest toll road auctions. The financial bids for the tranche five of the NHAI's toll-operate-transfer (TOT) auction were opened on Tuesday. Cube Highways, DP Jain, and Canadian pension fund Caisse de dépôt et placement du Québec (CDPQ) were other bidders for this project.

Gini Silk Mills Limited announced the closure of one of its manufacturing units in Maharashtra. After being served a notice by Maharashtra Pollution Control Board the company has shut down the unit. All members have been informed by the CETP that it is taking all necessary steps to reopen and resume manufacturing activities at the earliest.

Gateway Distriparks Limited (GDL) announced its unaudited financial results for the quarter and nine-months ended December 31st, 2020. The company's Q3FY21 Consolidated EBITDA  was up YoY 28.72% and 22.07% QoQ to Rs 85.06 cr. Its PAT, on the other hand, was up 99.02% YoY and 665.72% QoQ to Rs32.62cr. Net Debt as on December 31, 2020, stands at Rs494cr against Rs681cr as on March 31, 2020.

Arihant Capital has worked out its Q3(October-December’ 20) earnings estimates for the Banking & NBFC sector. The brokerage house expects IDFC First Bank to report net profit at Rs. 204 crore (up 101% quarter-on-quarter). Net Interest Income (NII) is expected to increase by 13 percent Y-o-Y (up 4 percent Q-o-Q) to Rs. 1,727 crore, according to Arihant Capital.

Arihant Capital revealed its third quarter (October-December’ 20) earnings estimates for the Banking & NBFC sector. The brokerage house expects Manappuram Finance to report net profit at Rs. 37.9 crore down 5% year-on-year (down 7% quarter-on-quarter). Net Interest Income (NII) is expected to increase by 3 percent Y-o-Y (down 1 percent Q-o-Q) to Rs. 982 crore, according to Arihant Capital.