RBL Bank Q4 net dives 34% Small-sized private lender RBL Bank on Tuesday reported a 34 per cent decline in its March quarter profit to Rs 75 crore compared to Rs 114 crore in the year-ago period due to provisioning for possible loan losses that it sees in the retail unsecured segments. The city-based lender s net profit for FY2020-21 increased marginally to Rs 508 crore from the year-ago s Rs 506 crore.
Adani Ports Q4 net zooms 288% Adani Ports and Special Economic Zone Limited (APSEZ) on Tuesday reported a 288 per cent jump in consolidated net profit to Rs 1,321 crore for the fourth quarter ended March 31, 2021. The country s largest integrated logistics player had clocked a consolidated net profit of Rs 340.21 crore in the corresponding period of the previous fiscal, it said in a BSE filing.
The Supreme Court has rapped the Jharkhand State Electricity Board for laying its own terms and conditions in the supply of electricity saying it has to be fair and reasonable towards consumers. A bench comprising Justices L Nageswara Rao and Vineet Saran made the observation while dismissing an appeal filed by the board against the decision of Jharkhand high court.
Stressing that there cannot be any vaccine nationalism, Finance Minister Nirmala Sitharaman on Monday urged nations to share technologies on COVID vaccines amid the pandemic. She also pitched for examining Trade-Related Aspects of Intellectual Property Rights (TRIPS) agreement in the light of the coronavirus pandemic.
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The major news headlines of the day, and more.
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An oxygen tanker arrives at Delhi’s Batra hospital on May 1, 2021. As many as 12 COVID-19 patients died in the hospital earlier in the day due to lack of oxygen.
| Photo Credit:
V.V. Krishnan
The major news headlines of the day, and more. With the death of the 12 patients in the south Delhi hospital which announced at 12.30 p.m. that it had run out of oxygen the number of hospital patients who have lost their lives in the deepening crisis in the last eight days has gone up to 57.