India's largest consumer goods maker Hindustan Unilever Ltd (HUL) posted 8.5 per cent year-on-year rise in standalone net profit at Rs 2,327 crore in the quarter ended 31 March, 2022. The Indian unit of British consumer goods giant Unilever, had posted a net profit of Rs 2,143 crore in the year-ago period.
The Life Insurance Corporation of India's (LIC) initial public offering (IPO) is set to open on May 4 in the Rs 902-949 per equity share price band. The issue will close on May 9. The government will disinvest a 3.5 per cent stake in LIC to garner Rs 21,000 crore for the exchequer.
Xiaomi has launched three devices in India - its latest flagship smartphone the Xiaomi 12 Pro, the Xiaomi Pad 5, and the Xiaomi OLED Vision 55 smart TV. Along with this the company also introduced the Xiaomi Smart TV 5A series in India which are going to be successors to its bestselling TV series.
Mumbaikars have reported power outages in several parts of the city and its adjoining suburbs. Users took to Twitter and complained about how their schedule for the day ahead has been impacted due to the power outage. They also talked about how Adani Electricity’s customer service was not effective.
Cryptocurrency markets have shrunk as major top tokens bleed red in the last 24 hour. The global market cap is down by 5.18 per cent in the last 24 hours and is at $1.77 trillion as of 8:00 AM IST, CoinMarketCap data showed.