TVS Motor Consolidated June 2019 Net Sales at Rs 5,018.34 crore, up 8.72% Y-o-Y
United Spirits Standalone June 2019 Net Sales at Rs 2,218.40 crore, up 10.26% Y-o-Y
Kirloskar Ferro Standalone June 2019 Net Sales at Rs 481.99 crore, down 0.67% Y-o-Y
ALLSEC Tech Standalone June 2019 Net Sales at Rs 43.12 crore, up 25.79% Y-o-Y
Oil Output In June Falls To Lowest In Four Months
Natural gas output was 1.6 per cent lower at 2.64 billion cubic metres during the same period, the data showed
SBI Says Web-Based Banking Services Restored After Glitch
Some of the web-based banking instruments of the SBI, were not available with many customers
ICICI Securities Q1 profit falls 15% to Rs 114 crore
Cairn India, Vedanta under scanner in dividend case
Auditors To DHFL Raise Red Flags Around Quarterly Earnings
DHFL has been hard hit by a liquidity crunch that has crippled several of the country’s non-banking finance companies (NBFCs) following last year’s collapse of infrastructure lender IL&FS.
Rise In Government Borrowing Can Weigh On Corporate Sector: Viral Acharya
Viral Acharya Exits RBI Job With A “Sense of Unfinished Business”
Mr Acharya’s boss at the central bank, Governor Shaktikanta Das, says a continuous and prolonged dependence on the government’s capital infusion into banks can breed inefficiency.
AION Cap nears DHFL takeover deal, may infuse Rs 8,000 cr for 51% stake
After the deal, the stake of existing promoter Kapi Wadhawan will drop to 9.6 per cent.
Amrapali Case: Top Court Directs NBCC To Take Over Pending Projects
The top court ordered the Enforcement Directorate to register money laundering cases against the company’s top management.
Blue Star bags Rs 253 crore order from Mumbai Metro Rail Corporation
Kotak Mahindra Bank Surges After Net Profit Rises 33% In June Quarter
Kotak Mahindra Bank share price: Shares of Uday Kotak-led bank surged as much as 3.97% to hit high of Rs 1,512.00 on the National Stock Exchange.
Reliance Industries, Saudi Aramco Talks On Stake Sale Stall: Report
State-owned Aramco, the world’s biggest oil producer, plans to boost investment in refining and petrochemicals
L&T Q1 profit rises 21% to Rs 1,361 crore, misses Street estimates on lower margins
Ebitda margin fell to 6.40 per cent from 6.80 per cent on a yearly basis.
Coca-Cola Beats Analysts Estimate On Quarterly Profit, Raises Forecast
Coca-Cola bought Britain-based Costa Coffee for $5.1 billion and recently rolled out ready-to-drink coffee in cans in the UK and a coffee based soda in several markets
Anand Piramal invests undisclosed amount in Snapdeal
This is the first investment in Snapdeal two years after it rejected its rival Flipkart’s offer for an acquisition, and decided to go solo.
- Praj Industries Standalone June 2019 Net Sales at Rs 186.11 crore, up 28.97% Y-o-Y
- DCM Shriram Standalone June 2019 Net Sales at Rs 1,864.27 crore, down 8.49% Y-o-Y
IMF Cuts India’s Growth Outlook To 7% For 2019
However, India will still be the fastest growing major economy of the world and much ahead of China, IMF said
Amrapali case: SC appoints NBCC to complete unfinished projects; offers relief to over 40,000 homebuyers
The apex court holds banks, Noida and Greater Noida authorities responsible for the Amrapali mess.
Government Extends Due Date For Filing Of Income Tax Return
The government has extended the due date for filing of Income Tax Return (ITR) from July 31 to August 31
IOB Q1: Loss At Rs 342 Cr vs Loss Of Rs 919 Cr YoY Gross NPA At 22.5% vs 22% QoQ; Net NPA At 11.04% vs 10.81% QoQ Provisions At Rs 1,158 Cr vs Rs 2,401 Cr YoY Global NIM 2.10%
HDFC LIFE Q1: PAT At Rs 425 Cr vs Rs 380 Cr, Up 11.8% YoY Net Premium Income At Rs 6,451 Cr vs Rs 5,001 Cr, Up 28.9% YoY AUM Growth At 18% YoY
Congress-JD(S) coalition govt in Karnataka falls after 14 months, loses trust vote 99-105
NSE to remove Reliance Infrastructure, Reliance Capital from FO segment
South Africa grants Vedanta application on Konkola Copper Mines: Agencies
Reliance Industries Becomes Top-Ranked Indian Firm On Fortune 500 List
The 2019 ranking was led by Walmart, followed by Sinopec Group, Royal Dutch Shell, China National Petroleum and State Grid
RBI Names BP Kanungo To Run Monetary Policy After Viral Acharya Quits
Viral Acharya left the RBI six months before the scheduled end of his term, citing personal reasons for his departure