SAIL achieves highest ever July sales
New Delhi/IBNS: Steel Authority of India Limited (SAIL), the largest steel-making company in the country, attained a sales volume of 15.83 lakh tonnes in July’20 which is its best-ever performance in the month of July and impressive growth of about 50% over July’19 sales which were 10.59 lakh tonnes.
HDFC gets new head, RBI approves Jagdishan as the bank MD and CEO
Mumbai/UNI: Private sector lender HDFC Bank said that RBI has approved the appointment of Sashidhar Jagdishan as MD and CEO of the Bank for three years from his date of taking charge, or from Oct 27, 2020, under Section 35B of the Banking Regulation Act 1949.”
Indian Market: Sensex jumps 748.31pts
Mumbai/UNI: Snapping a losing streak of last four sessions, the BSE Sensex on Tuesday zoomed up by 748.31 points at 37,687.91 on the strength of Energy, Finance, Bankex, Realty and Oil & Gas stocks amid positive Asian Market.
Reliance Industries surges by 7.10 pc to Rs 2151.15
Mumbai/UNI: Reliance Industries on Tuesday spurted by 7.10 pc to Rs 2151.15 a major gainer in 30 scrips of BSE.
Record price at mjunction’s Jorhat Tea Auction Centre
Kolkata/IBNS: mjunction's weekly auction at its Jorhat Tea Auction Centre touched a record peak on Monday, when Adition Nutrient Private Limited of Guwahati purchased handmade, organic Tippy Golden Flowery Orange Pekoe (TGFOP) tea of Chenehi Tea Farm at Rs 930 per kg, the company said in a statement.
Indian Rupee falls four paise against USD
Mumbai/UNI: The Rupee on Tuesday lost further by four paise to 75.05 against the US Dollar on brisk demand for US Dollar by bankers and importers, dealers at the Forex Market said.
RBI approves Jagdishan's appointment as HDFC Bank new MD, CEO
Mumbai/UNI: Private Sector lender HDFC Bank said that RBI has approved the appointment of Sashidhar Jagdishan as MD & CEO of the Bank for three years from his date of taking charge, or from October 27 2020, under Section 35B of the Banking Regulation Act 1949.”
Kolkata/IBNS: Kansai Nerolac Paints Limited (KNPL), one of the leading paint companies in India, reported a year over year decline in its net profit for the quarter ended June 30, 2020.
Ashok Leyland July 2020 sales declines by 56 pc
Mumbai/UNI: Commercial Vehicle major, Ashok Leyland has reported a drop of 56 per cent in it July 2020 at 4775 units as against 10926 units sold in July 2019.
Bajaj Auto July 2020 total vehicle sales moves down by 32.89 pc to 2,56,041 units
Mumbai/UNI: Auto major, Bajaj Auto reported a decline of 32.89 per cent in its total sale at 2,56,041 as compared to 3,81,530 units sold in July 2109.
Kansai Nerolac Paints Q1 consolidated net moves down by 77.08 pc to Rs 33.47 cr
Mumbai/UNI: Kansai Nerolac Paints has posted a decline of 77.08 per cent in its net profit for the quarter ended June 30, 2020 at Rs 33.47 crore as against Rs 146.02 crore for the quarter ended June 30, 2019.
Steel Strips Wheels July 2020 total wheel rim sales moves down by 27 pc to of 9.25 lacs
Mumbai/UNI: Steel Strips Wheels (SSWL) has reported a decline of 27 per cent in its total wheel rim sales for July 2020 at 9.25 lakhs as compared with 12.59 lakhs in July 2019.
Bank of India Standalone Q1 net moves up by 3.5 times to Rs 843.60 cr
Mumbai/UNI: Public Sector Lender Bank of India has reported a jump of 3.5 times in its standalone net profit for the quarter ended June 30, 2020 at Rs 843.60 crore for the period ended June 30, 2020 as against net profit of Rs 242.62 crore for the quarter ended June 30, 2019,due to lower loan provisions and rise in other income.
Indian Market: Sensex falls by 667.29 pts
Mumbai/UNI: The benchmark index of the Bombay Stock Exchange(BSE) on Monday dropped by 667.29 points to close at 36,939.60, as heavy selling was seen in Energy, Finance, Bankex, Realty and Technology stocks.
Indian Rupee down 20 paise against USD
Mumbai/UNI: The Rupee on Monday dropped by twenty paise to 75.01 against the US Dollar on rising demand for US Dollar by bankers and importers, dealers at the Forex Market said.