EOD Update 27-07-2019

Google crushes second quarter earnings expectations
The company brought in revenue of $38.9 billion during the second quarter, a 19% bump from the same period last year.

RBI For Strengthening Forex Reserves By Emerging Economies

Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday backed the building up of forex reserves by emerging economies to protect against global contagion.

Yes bank acquires 18.5% stake of Cox & Kings by invoking pledged shares
Cox & Kings Limited has a consolidated turnover revenue of Rs 5,693.5 crore as on March 31.

ABB India June quarter profit grows 27% to Rs 130 cr
Total income during the quarter under review also grew to Rs 1,746.12 crore from Rs 1,684.05 crore in the year-ago-period.

KPIT posts Q1 profit at Rs 31 cr
Kishor Patil, co-founder, CEO and MD of KPIT, said the company started the new year on a positive note with industry-leading revenue growth and improved profitability.

GST Council To Reduce GST Rate On Electric Vehicles

GST Council also approved exemption from GST on hiring of electric buses by local authorities.

ICICI Bank Q1 profit at Rs 1,908 crore; bank’s NIM improves 42 bps YoY to 3.61%
Net interest income (NII) for the quarter rose 27 per cent to Rs 7,737 crore

Jaypee Infratech Q1 net loss widens to Rs 448 crore
Total income, however, rose to Rs 669.56 crore during April-June quarter of this fiscal from Rs 432.31 crore in the corresponding period of the previous year.

First Arrest In UPA Aircraft Purchase Scam CBI Arrests Deepak Talwar In Air India Case

CBI Probing Irregularities In Purchase Of Aircraft For AI & IA During UPA Regime

  • Vedanta Limited Q1: Net Profit At Rs 1350 Cr Revenue At Rs 21,170 Cr Finance Cost At Rs 1340 Cr Consol EBITDA At Rs 5,190 Cr, Down 20% YoY Consol EBITDA Margin At 27%
  • ICICI Bank Q1: PAT At Rs 1908 Cr vs Loss Of Rs 119 Cr YoY Gross NPA At 6.49% vs 6.70% QoQ; Net NPA At 1.77% vs 2.06% QoQ Provisions At Rs 3,696 Cr vs Rs 5,451 Cr QoQ
  • Jaiprakash Power Ventures clocks Q1 net loss of Rs 95.52 crore

Vikesh Kumaar Kataria

Experienced Founder of Brokers Bazaar with a demonstrated history of working in Skilled in RMS from various big corporate giants, Analytical Skills, Banking, Entrepreneurship, Digitalisation and Equities with Strong entrepreneurship professionalism. Experienced Co-Founder with a demonstrated history of working in the logistics and supply chain industry.

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