Budget 2021: The Budget documents will be available on the Union Budget mobile app after the completion of the Budget Speech by the Finance Minister on February 1, 2021
NDTV Business - 5 hours ago
‘There have been fresh shorts that have been built up into the system for the banking index’
EconomicTimes - 5 hours ago
‘The market expectation on PAT was somewhere close to Rs 11,000 crore’
Budget 2021: While the traditional ceremony marks the commencement of the printing process of the government's Budget document, this year's budget will be delivered in paperless form
Pattern analysis suggest following a breakout from the 13,000 mark, as Nifty penetrated and broke above the rising trend line resistance, it has probably marked a potential top at 14,653. For the n...
EconomicTimes - 6 hours ago
The company’s revenue for the December quarter at Rs 1,822.82 crore represents a 5% growth, while earnings before interest, depreciation, taxes and amortization at Rs 375.94 crore is up 19.4% over ...
The company’s consolidated net sales was Rs 12,144 crore as against Rs 10,261 crore over the corresponding period of the previous year. On a standalone basis, net sales stood at Rs. 11,708 crore.
Healthcare major Apollo Hospitals on Saturday announced raising Rs 1,169.99 crore through allotment of shares to the qualified institutional buyers
The Hindu Business - 6 hours ago
The issue opened on January 18, 2021 and closed on January 22, 2021, it added.
EconomicTimes - 7 hours ago
Ultra Tech Cement Q3 Results: The leading cement producer's net profit more than doubled to Rs 1,584.58 crore, while revenue from operations rose 17.38 per cent to Rs 12,254.12 crore
NDTV Business - 7 hours ago
Total income declined to Rs 70.19 crore during the October-December quarter of the 2020-21 fiscal from Rs 85 crore in the corresponding period of the previous year, the company said in a regulatory...
Gautam Baid, US-based portfolio manager and investor, says bull markets are typically fuelled by cheap liquidity, and usually come to an end when there is a spike in interest rates.
EconomicTimes - 8 hours ago
Goodman said each investor perceived the value of a stock in a different way. He felt investors should view stock valuation as a range, instead of a fixed price.
The consolidated revenues for the quarter climbed 18 per cent to Rs 12,144 crore compared with Rs 10,262 crore in the same quarter last year.
EconomicTimes - 9 hours ago
A total of 48,22,290 shares have been allotted to 32 anchor investors at Rs 385 apiece, which is the upper end of the price band. At this price, the company raised Rs 185.68 crore, according to a B...
The United States, which accounts for just 4 per cent of the global population, had 20 percent of all corona deaths was at the core focus as the country was hit by a second wave of the virus, resul...
Stove Kraft is a manufacturer of kitchen appliances
Business Standard - 9 hours ago
A move in the right direction would be to make annuities tax-free. Doing so would bring about parity between this segment and the NPS, which is allowed a further tax exemption limit of Rs 50,000 ov...
EconomicTimes - 10 hours ago
After leading markets higher for most of 2020, technology-related stocks took a backseat late last year to so-called value or cyclical plays, whose businesses are expected to gain the most from the...
IBM Corp slumped 9.91% and was the top drag on the Dow Jones Industrial Average after it missed estimates for quarterly revenue, hurt by a rare sales decline in its software unit.
EconomicTimes - 11 hours ago
The value investor believes that U.S. President Joe Biden’s recovery plan could bring stocks to even more fragile heights, he told my colleague Erik Schatzker.
That’s a stark turnaround from the early phases of the coronavirus crisis, when lockdowns from Paris to Los Angeles hit sales of everything from softs drinks to chocolate.
Petrol, Diesel Rates Today: In the national capital, the price of petrol was increased by 25 paise from Rs 85.45 per litre to Rs 85.70, while diesel touched a record high in Mumbai
NDTV Business - 11 hours ago
Options are contracts that give the right but not the obligation to buy or sell an asset. Investors typically use derivatives for three reasons — to hedge a position, to increase leverage, or to sp...
This bull market may see participation from all industries this time, which also indicates that this could certainly be a secular bull run than a mere cyclical one from a long-term perspective.
EconomicTimes - 12 hours ago
FPIs and their domestic peers sold shares worth Rs 635.69 crore and Rs 1,290.35 crore, respectively.
Consolidated net profit rose to Rs 14,894 crore from Rs 11,841 crore. Revenue fell 18.6% to Rs 1.38 lakh crore as sales from its oil-to-chemicals (O2C) business dropped almost 30%.
Shares of Bajaj Auto ended up 10.45% on the back of strong result and target price upgrades.
Brokerages retain bullish views on Q3 profit jump; HSBC raises target price to Rs 3,150
Quarterly profits rose to a record in Q3 while sales fell 8% due to transfer of a biz unit and impact of Covid.
EconomicTimes - 13 hours ago
Other proposals include not allowing NBFCS to provide loans to companies for buy-back of shares/securities.
Stocks stumbled for a second day as investors took some money off the table after the Sensex briefly crossed 50,000 points on Thursday.
EconomicTimes - 15 hours ago
Digital coin set for one of its worst weeks since March 2020
Business Standard - 20 hours ago
Most global stocks dropped, with investors pruning their bullish bets as rising Covid-19 cases sparked concerns about corporate earnings and economic revival
Business Standard - 21 hours ago
The qualified institutional buyer (QIB) portion of the issue was subscribed 190x, while the high networth individual or HNI segment was subscribed 263x
Business Standard - 22 hours ago
From its previous close of Rs 441.95 apiece on Thursday, the stock closed 10.89 per cent or Rs 48.15 lower at Rs 393.80, on Friday
The 109-year-old firm is preparing to split itself into two public companies and the namesake firm will focus on the so-called hybrid cloud, where companies use a combination of their own datacente...
EconomicTimes - yesterday
Spot gold fell 1% to $1,851.50 per ounce by 10:10 a.m. EST (1510 GMT), retreating from a two-week high hit on Thursday. The metal was up 1.4% so far this week.
Brent crude futures fell 73 cents, or 1.3%, to $55.37 a barrel by 1501 GMT, after a 2 cent gain on Thursday.
Total income fell to Rs 174.66 crore in the quarter under review from Rs 442.03 crore in the same period of 2019-20, Reliance Home Finance said in a regulatory filing.
The bank has issued and allotted Rs 495 crore Additional Tier - 1 (Basel III Compliant) Capital Bonds at a coupon of 8.6 per cent per annum on private placement basis, PNB said in a regulatory filing.