new delhi indian equity markets are expected to open in the red on thursday following global cues wall street stocks closed lower in wednesdays session as oil prices rallied and investors worried about the potential for an economic slowdown asian shares also declined in thursday morning trade following overnight losses on wall streetcorporate india is looking at a further decline in operating margins and profitability in the coming quarters because of the depreciation in the value of the rupee against major currencies and a rise in interest rates after a surprise intervention by the reserve bank last weekcorporate results today tata motors larsen toubro rbl bank siemens aditya birla capital anupam rasayan india apollo tyres coforge greaves cotton gujarat state petronet honeywell automation india poonawalla fincorp ujjivan small finance bank windlas biotech avanti feeds brigade enterprises creditaccess grameen genus power infrastructures hp adhesives icra jammu kashmir bank jmc projects lumax auto technologies matrimonycom mindspace business parks reit south indian bank and spencers retail will release quarterly earnings on may 12macrotech developers the real estate developer in partnership with bain capital and ivanho cambridge will develop a nextgeneration green digital infrastructure platform the platform will jointly invest around 1 billion to create 30 million square feet of operating assetsultratech cement the aditya birla group has formally joined the race to buy out swiss cement giant holcims stake in ambuja cement and accpunjab national bank the public sector bank reported a 66 per cent decline in its standalone net profit at rs 202 crore for the quarter ended march 2022 due to higher amount parked towards provisioning even as bad loans declined birla corporation the mp birla group firm reported a 5544 per cent decline in its consolidated net profit to rs 11108 crore in the fourth quarter ended on march 31 2022hindalco industries novelis inc the american unit of hindalco industries will invest 25 billion to build a new recycling and rolling plant in the us in the largest greenfield expansion plan by parent aditya birla groupfuture retail amazon has written to the reserve bank of india and lenders of future group alleging repeated collusion by future retail ltd frl and banks to deny its rights frl should not be allowed to go into bankruptcy proceedings as that would impact its rights furtherpfizer life insurance corp of india has acquired 203 equity stake in the company via open market transactions with this its shareholding in the company stands at 605 up from 402 earlierlife insurance corporation of india is likely to finalise the ipo share allotment on may 12the company will credit refunds in the bank accounts of unsuccessful investors by may 13 and equity shares will be credited to the demat accounts of eligible investors by may 16lic will make its debut on the bse and nse on may 17