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Standard Chartered GBS unit will lease 7.7 lakh square feet space for a period of 15 years in Chennai, in a project developed by DLF and GIC, Bloomberg News reports, citing an interview with DLF's Executive Director, Amit Grover.

However, Grover declined to share a deal value citing confidentiality.

Standard Chartered can pay as much as Rs 100 crore each year for the leasing, according to the Economic Times, which reported the deal earlier without saying where it got the information from.

The construction of the Chennai-project began in January 2020 and is scheduled to be completed in phases over three to six years, according to DLF's website.

Shares gained as much as 2.8% to Rs 172.1, post the story. The stock is up for the fourth straight day, trading at the highest level in two months.

The company's JV with Altis Holding Corporation has been declared as the L-1 bidder for a new EPC project by the National Highways Authority of India.

The project involves construction of eight lane across controlled expressway on the Delhi-Vadodara section under the Bharatmala Pariyojana. The construction needs to take place in the state of Rajasthan, it said in an exchange filing.

The cost of the 8.3 kilometre long project is pegged at Rs 1,000 crore and has to be completed within a time frame of 30 months.

Shares rose as much as 3.8% to Rs 337.3, post the announcement.

• Revenue up 5% to Rs 1,285.5 crore
• Net profit up 12% to Rs 274.1 crore
• Ebitda up 27% to Rs 409.3 crore
• Ebitda margin at 31.4% from 26.4%
• Advertising and Promotional expenses down 6% to Rs 164.4 crore
• Declares first interim dividend of Rs 18 per share
• Domestic net sales up 7.1% for the quarter
• All categories see positive growth this quarter
• All numbers are standalone and compared on a year-on-year basis

Shares fell as much as 3.8% - the most in over five months to Rs 1,405.6, post the announcement. The stock is down for the second straight day.

• Revenue up 8% to Rs 10,354 crore
• Net profit more than doubles to Rs 1,235 crore
• Ebitda up 40% to Rs 2,695.2 crore
• Ebitda margin at 26% from 20%
• Exceptional item of Rs 335 crore this quarter
• North, Central, East and Gujarat regions report growth in volume
• Maharashtra and South India report volume decline
• Effective volume growth of 20% to 19.21 MT
• Operating Ebitda per tonne up 30% to Rs 1,387
• Blended sales at 71%, growth of 3% compared to last year
• Fixed costs down 14% year-on-year
• Reduced debt by Rs 4,728 crore in H1FY21
• Power and Fuel costs down 7% to Rs 1,837 crore
• Freight and forwarding expenses up 8% to Rs 2,298 crore
• Other expenses down 11% to Rs 1,299 crore
• 14.6 MTPA cement plants acquired have now been integrated
• All numbers are consolidated and compared on a year-on-year basis

Shares fell as much as 2.3% to Rs 4,439, post the announcement.