Lloyds
Lloyds Metals hits new high on robust Q3 results; stock up 67% in 2 months
The company said that the revenue growth in Q3FY23 was driven by volume and price growth in both sponge iron and iron ore
 "Lloyds Metals hits new high on robust Q3 results; stock up 67% in 2 months")
Maha govt okays Lloyds Metals' Rs 20,000-cr project; stock up 26% in 4 days
The company clarified that these approvals are preliminary and require a series of regulatory and internal approvals
 "Maha govt okays Lloyds Metals' Rs 20,000-cr project; stock up 26% in 4 days")
UK firms expect to raise prices 6% in 12 months, see inflation lingering
Inflation pressures in the UK economy showed only limited signs of abating in November, with companies expecting to raise prices by 5.7% in the coming 12 months
 "UK firms expect to raise prices 6% in 12 months, see inflation lingering")
Stock of this iron & steel company has zoomed over 1,300% in one year
In the past one year, the market price of Lloyds Metals has zoomed 1,301 per cent - from level of Rs 13 to Rs 183.3 now - on improved operational performance
 "Stock of this iron & steel company has zoomed over 1,300% in one year")
Credit Suisse adds risk veterans to board with UBS, Lloyds alums
Credit Suisse is working to rebuild its management ranks after the $5.5 billion hit related to losses from prime brokerage client Archegos
 "Credit Suisse adds risk veterans to board with UBS, Lloyds alums")
Voltas impresses street, scores over peers with strong show in Sep quarter
Better than expected performance, market share gains in room ACs improve earnings outlook
 "Voltas impresses street, scores over peers with strong show in Sep quarter")
Lloyd's of London says coronavirus claims could hit $6.5 billion
The firm posted a 2.3 billion profit for the same period last year
 "Lloyd's of London says coronavirus claims could hit $6.5 billion")
Coronavirus pandemic pushes Lloyds Bank into the red as bad debt fears rise
Lloyds' base case for GDP decline in 2020 was unchanged at 5%
Lloyd to boost consumer durables portfolio with entry into refrigerators
Havells, which owns the Lloyd brand, expects its non-AC business to contribute 50-60% of its consumer durables business
 "Lloyd to boost consumer durables portfolio with entry into refrigerators")
British lawmakers call for probe of Lloyds, KPMG over HBOS fraud
The lawmakers said allegations that HBOS had concealed the fraud, one of Britain's worst-ever banking scandals, should be subject to full, forensic and expeditious investigations by regulators
 "British lawmakers call for probe of Lloyds, KPMG over HBOS fraud")
UK's Lloyds to shift 1,000 insurance unit workers to TCS
No time frame for the move was given by the company to its employeees
 "UK's Lloyds to shift 1,000 insurance unit workers to TCS")
Lloyds to axe 640 jobs in cost-cutting drive
The latest cuts coincide with the biggest upheaval for British banks since UK decided to leave EU
 "Lloyds to axe 640 jobs in cost-cutting drive")
