Infosys: The company reported a 7.3% rise in profit at Rs 5,197 crore in Q3FY21 against Rs 4,845 crore in Q2FY21, revenue rose 5.5% to Rs 25,927 crore from Rs 24,570 crore QoQ. The company raised FY21 constant currency revenue growth guidance to 4.5-5% from 2-3% earlier and margin guidance to 24-24.5% from 23-24% earlier.
Wipro: IT services dollar revenue rose 3.9% to $2,071 million in Q3FY21 from $1,992.4 million Q2FY21, the growth is the highest in 36 quarters. The company sees Q4 dollar revenue growth at 1.5-3.5% over Q3.
SAIL: The government will sell up to a 10% stake in the company via offer for sale on January 14-15 and the offer price has been fixed at Rs 64 per share.
IndusInd Bank: SEBI has granted bank's promoters extension until February 18 on warrant subscription, according to a CNBC-TV18 report.
Indian Bank: The bank has raised Rs 2,000 crore via bonds at a 6.18% Coupon rate.
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