Housing Development Finance Corporation (HDFC) is scheduled to report its earnings for the quarter ended June 30, 2021 on Monday, August 2.Analysts in a CNBC-TV18 poll expect the mortgage lender to post a drop of 5 percent in net profit on a year-on-year basis.

Allcargo Logistics on Friday said it has acquired a 65 percent stake in Nordicon Group, a market leader in LCL (less-than-container-load) and rail consolidation segment in the Nordics region, for an undisclosed amount. Our subsidiary ECU Worldwide has signed a definitive joint venture agreement with the Nordicon Group of Sweden. While we will hold a 65 percent stake in the company, the present owners of Nordicon will continue to own the balance 35 percent, Allcargo said in a statement. With this strategic deal, ECU Worldwide will now control nearly 40 percent of the LCL market in the Nordic region, it added.

NIIT Ltd on Friday said its consolidated net profit grew 78 percent to Rs 51.4 crore in the June 2021 quarter. The skills and talent development firm had posted a net profit of Rs 29 crore in the year-ago period, a statement said. Its revenue increased 49 percent to Rs 301 crore in the April-June 2021 quarter, from Rs 201.8 crore in the year-ago period, it added. EPS (earnings per share) stood at Rs 3.8.

Singapore sovereign wealth fund GIC, one of the largest international institutional investors in the Indian stock market, has picked up a 5 percent stake in Gurugram-based agrochemicals company Dhanuka Agritech. “We got very good offer from the GIC Singapore government, we have sold 5 percent stake. There is no any further plan until and unless there is some acquisition plan etc. Otherwise in the near future there is no further plan to make any further stake sale," said Dhanuka.