Chandrayaan-3, India s third mission to Moon, is likely to be launched in 2022, ISRO chief K Sivan has said. The COVID-19 lockdown has hit several projects of the Indian Space Research Organisation (ISRO) including Chandrayaan-3, which was scheduled to be launched in late 2020, and Gaganyaan, the country s first manned space mission. Unlike its predecessor, Chandrayaan-3 will not have an orbiter. We are working on it. It is the same configuration like Chandrayaan-2 but it will not have an orbiter. The orbiter launched during Chandrayaan-2 will be used for Chandrayaan-3. With that we are working on a system and mostly the launch will be next year in 2022, Sivan told PTI.
Bharti Airtel informed that the meeting of the board of directors of the company is scheduled on 17 February 2021 to discuss the future strategic plans and reorganization of shareholding framework of subsidiary company(ies) which may result in consolidation/ acquisition of shares of subsidiary company(ies), the consideration of which may be discharged through issuance of equity shares of the company on a preferential basis and/ or cash.
Tata Motors said that Marc Llistosella has been appointed to the role of chief executive officer and managing director of the company effective 1 July 2021. Marc Llistosella will replace Guenter Butschek who informed his desire to relocate to Germany at the end of the contract for personal reasons. Butschek will continue to be a part of Tata Motors as the MD & CEO till 30 June 2021.
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Domestic equity benchmarks ended near the day s high on Thursday. FMCG and metal shares advanced while banks and financial shares corrected. As per provisional closing data, the barometer index, the S&P BSE Sensex, rose 222.13 points or 0.43% to 51,531.52. The Nifty 50 index gained 66.80 points or 0.44% to 15,173.30.
The broader market outperformed the benchmark indices. The S&P BSE Mid-Cap index rose 0.45%. The S&P BSE Small-Cap index gained 1.06%.
Buyers outnumbered sellers. On the BSE, 1741 shares rose and 1246 shares fell. A total of 139 shares were unchanged.
COVID-19 Update:
Total COVID-19 confirmed cases worldwide stood at 10,73,58,295 with 23,54,837 deaths. India reported 1,42,562 active cases of COVID-19 infection and 1,55,360 deaths while 1,05,73,372 patients have been discharged, according to the data from the Ministry of Health and Family Welfare, Government of India.
The public sector bank posted a net profit of Rs 506.03 crore in Q3 FY21 compared with net loss of Rs 492.28 crore in Q3 FY20.
The bank s total income grew by 45.9% to Rs 23,298.53 crore in Q3 FY21 as against Rs 15,967.49 crore in Q3 FY20. The result was announced after market hours on Friday, 5 February 2021.
Net Interest Income (NII) for Q3 FY21 grew by 28% to Rs 8,313 crore in Q3 FY21 over Q3 FY20. Global Net interest margin improved to 3.09% in Q3 FY21 from 2.49% in Q3 FY20.
The bank s operating profit jumped by 69.8% to Rs 6,390.81 crore in Q3FY21 from Rs 3,762.90 crore in Q3 FY20. Punjab National Bank posted a profit before tax of Rs 958.21 crore in Q3 FY21 as against a pre tax loss of Rs 383.14 crore in Q3 FY20. Provision for taxes were sharply higher at Rs 452.18 crore in Q3 FY21 compared with Rs 109.14 crore in Q3 FY20.