RCom posts a consolidated loss of Rs 7,964 crore
RCom which has seen its spectrum trading alliance with Reliance Jio get called off posted a total income of Rs 1089 crore compared to Rs 976 crore when compared on a like to like basis.
HAL records all-time high turnover of Rs 19,705 crore
HAL’s Profit After Tax (PAT) for the fiscal year 2018-19 stood at Rs 2,282 crore, an increase of 14.8 per cent over Rs 1,987 crore in the corresponding previous year.
Yes Bank likely to exit asset management business
Immediate concerns for the new management are risk management systems.
Listed bonds that delay payouts must shell out penalty
The SEBI move comes in the wake of defaults and delayed repayments by companies.
Alibaba plans $20 billion Hong Kong listing: Sources
Brent oil firms above $70 as OPEC cuts and sanctions outweigh economic concerns
Tougher liquidity norms may help HDFC, Bajaj Finance and L&T Fin to outperform
Adherence to the norms should reduce the impact on margins at these lenders.
Time Technoplast surges 7% on strong Q4 earnings
The net profit of the company rose 24.4 percent at Rs 49.9 crore in the Jan-March quarter, compared to Rs 40.1 crore in the year-ago period.
YES Bank climbs 4% on reports lender may exit AMC biz
Yes Bank though denied that it was considering an exit from the asset management business.
Centre may introduce e-invoicing system under GST: Report
E-invoicing will help companies earn tax credits and make compliance easier
Prestige Estate Consolidated March 2019 Net Sales at Rs 1,979.30 crore, up 7.07% Y-o-Y
MphasiS Consolidated March 2019 Net Sales at Rs 2,024.96 crore, up 16.08% Y-o-Y
Time Techno Consolidated March 2019 Net Sales at Rs 1,082.06 crore, up 14.78% Y-o-Y
Uflex Consolidated March 2019 Net Sales at Rs 2,057.31 crore, up 13.67% Y-o-Y
Omaxe posts 10% fall in net profit; plans to raise Rs 500 cr via debentures
CES Limited Standalone March 2019 Net Sales at Rs 26.06 crore, up 29.33% Y-o-Y
DLF transfers Rs 330 cr land to JV with GIC for settlement of dues
Emami Q4 hit by seasonality and rural slowdown, but some headwinds easing
Punjab National Bank Posts Loss Of Rs 4,750 Crore In March Quarter
PNB had posted a staggering loss of Rs 13,417 crore during the corresponding January-March period of 2017-18
Lookout notice against DHFL promoters over non-existent shell companies.
MCA did not find companies on the registered DHFL address at the time of physical verification.
Airtel Africa eyes London stock market listing
It also seeks to list on the Nigerian Stock Exchange.
JBM Auto Standalone March 2019 Net Sales at Rs 286.82 crore, up 34.64% Y-o-Y
Premier Polyfil Standalone March 2019 Net Sales at Rs 47.94 crore, up 40.59% Y-o-Y
SpiceJet Reports 22% Jump In March Quarter Profit, Q4 profit rises 22% YoY.
SpiceJet said it would add 35 aircraft to its fleet by fiscal year 2020 and that average fare rose 11 per cent and capacity increased 21 per cent in the reported quarter.
Revenue from operations rose 25 per cent in the seasonally weak March quarter.
Repro India Standalone March 2019 Net Sales at Rs 67.97 crore, up 7.68% Y-o-Y
European shares’ retreat led by banks on Italian budget woes
The European banking index was the biggest drag on the index overall.
Zydus Wellness posts Q4 net profit at Rs 62.31 crore
The Zydus Group firm had posted a net profit of Rs 36.25 crore for the corresponding period of the previous financial year.
FDI Inflows Down 1% In 2018-19, First Decline In Six Years
Last time it was in 2012-13 when foreign inflows had registered a contraction of 36 per cent to $22.42 billion compared to $35.12 billion in 2011-12.
India can attract 1.5-2 per cent FDI to GDP ratio: Nomura
India is also in favourable position to attract foreign companies planning to relocate.
Hi-Tech Pipes Q4 PAT up 64% to Rs 8.3 crore
The company had posted a PAT of Rs 5.1 crore in the year-ago-quarter.
SAIF Partners invests $1.5 million in Airblack
SAIF Partners, which manages over $4 billion in assets across India and China, has earlier backed Paytm, MakeMyTrip, Meesho, ShareChat, Swiggy and Urbanclap at an early-stage.
Insecticides India posts Q4 net profit at Rs 28.55cr
Total income increased to Rs 199.90 crore during the March quarter of 2018-19 from Rs 169.30 crore in 2017-18.
IRCON International Q4 net profit falls over 55% to Rs 95 crore
The company had clocked a net profit of Rs 216.35 crore during the corresponding quarter a year ago, Ircon said in a BSE filing.
Sun Pharma Q4 profit declines 53% to Rs 635.9 crore due to one-time charge
Investors have turned cautious due to debt crisis in MF industry, says FundsIndia Founder
If there’s one thing debt investors have learned, it is that debt is not with zero risk
Pfizer Q4 net up 4.74% to Rs 109.47 cr
Revenue from operations for the March quarter stood at Rs 535.66 crore. It was at Rs 519.95 crore for the year-ago period.
SEBI floats discussion paper on regulatory sandbox for fintechs
The markets regulator said the current move was a step ahead in the same direction as innovation sandbox.
SpiceJet’s FY19 loss at Rs 316.1 crore
Revenue from operations for the quarter were up 25% at Rs 2,531.3 crore on the back of average fare up by 11%.
Electric Scooter Start-Up Ather Raises $51 Million In Funding
Ather, which raised the fresh round of funding from existing backers Hero MotoCorp, Flipkart founder Sachin Bansal
Bank Exchange Traded Funds To Be Launched By December: Report
Government holding in several PSU banks continues to remain at very high levels. It is as high as 75 per cent in PNB and 65 per cent in Bank of Baroda
Hindustan Copper profit jumps 83% to Rs 146 crore for FY19
Max Financial net profit down 30% to Rs 391 cr in FY19
Shalimar Paints Q4 net loss at Rs 43.28 cr