HDFC Bank Ltd.

Cupid has received a purchase order from United Nations Population Fund (UNFPA). The order is for supply of Male Condoms and Water Based Lubricant worth around Rs 8.19 crore.

Larsen & Toubro’s (L&T) construction arm -- L&T construction has secured repeat orders for its Water & Effluent Treatment Business from the Narmada Water Resources, Water Supply & Kalpsar Department and Govt. of Gujarat to execute pumping system and pipeline works from Tappar Dam to Nirona Dam (Northern Link). This is the single largest order secured by the business in Gujarat. The scope of work involves Design, Supply, Construction & commissioning of pump houses & pipelines, with associated electrical & automation works. The turnkey project aims to strengthen water resources in Kachchh district of Gujarat by filling existing reservoirs that will irrigate 36,392 hectare of land.

ICICI Bank has announced the launch of four Digital Banking Units (DBUs) to offer banking services to its customers digitally. The launch is part of the government's plan to set up 75 DBUs in as many districts to commemorate 75 years of India's independence.

Birla Corporation has been declared as the successful bidder in respect of the Marki Barka Coal Mines situated at Madhya Pradesh, by the Government of India, Ministry of Coal. The allocation of above Coal Mines is expected to provide fuel security and cost optimization to the company.

TVS Motor Company had earlier announced regarding acquisition of 48.27% stake in Nkars Mobility Millennial Solutions (DriveX). The said transaction has been completed on October 15, 2022 and thereby DriveX has become an Associate of the Company effective from October 15, 2022.

Avenue Supermarts has reported results for second quarter ended September 30, 2022. The company has reported rise of 62.73% in its net profit at Rs 730.48 crore for Q2FY23 as compared to Rs 448.90 crore for the corresponding quarter previous year. Total income of the company increased by 35.74% to Rs 10428.42 crore for the quarter under review as compared to Rs 7682.63 crore for the same quarter in the previous year. On the consolidated basis, the company has reported rise of 64.14% in its net profit at Rs 685.71 crore for the quarter under review as compared to Rs 417.76 crore for the same quarter in the previous year. Total income of the company increased by 36.56% to Rs 10673.90 crore for the quarter under review as compared to Rs 7816.44 crore for the same quarter in the previous year.

HDFC Bank has reported results for second quarter ended September 30, 2022. The bank has reported rise of 20.05% in its net profit at Rs 10605.78 crore for Q2FY23 as compared to Rs 8834.31 crore for the corresponding quarter previous year. Total income of the bank increased by 19.17% to Rs 46,181.96 crore for the quarter under review as compared to Rs 38,754.16 crore for the same quarter in the previous year. On the consolidated basis, the bank has reported rise of 22.40% in its net profit at Rs 11162.59 crore for the quarter under review as compared to Rs 9119.96 crore for the same quarter in the previous year. Total income of the bank increased by 18.69% to Rs 49,182.10 crore for the quarter under review as compared to Rs 41,436.36 crore for the same quarter in the previous year.