Indian Finance Commission to submit report on Nov 9
Oct 30, 2020, at 11:47 pm
New Delhi/UNI: The N K Singh-led 15th Finance Commission will submit its report on devolution of resources for the years 2021-2022 to 2025-2026 between the Centre and the States to the President on November 9.
Indian Market: Sensex drops 135.78 pts
Oct 30, 2020, at 10:57 pm
Mumbai/UNI: The equity market remained under pressure for the third straight session on Friday as the BSE Sensex dropped by 135.78 pts to settle at 39,614.07 on heavy selling in Telecom, Auto, Bankex, Finance and FMCG stocks amid weak Asian Market.
Indian Oil Corporation consolidated Q2 net profit moves up 13 times to Rs 6025.81 cr
Oct 30, 2020, at 10:49 pm
Mumbai/UNI:Indian Oil Corporation consolidated net profit for the quarter ended September 30, 2020 zoomed by nearly 13 time to Rs.6025.81 crores as against net profit of Rs 468.04 crores for the quarter ended September 30, 2019.
Twitter reports double-digit revenue growth in Q3
Oct 30, 2020, at 10:48 pm
San Francisco/Xinhua: US social media company Twitter Inc. Thursday said it saw a revenue of 936 million US dollars in the third quarter of 2020, up 14 percent year on year.
Karur Vysya Bank Q2 net profit moves up by 81.41 pc to Rs 114.89 cr
Oct 30, 2020, at 10:41 pm
Mumbai/UNI: Private sector lender Karur Vysya Bank has reported a rise of 81.41 pc in its net profit for the quarter ended September 30, 2020 at Rs.114.89 crores as against net profit of Rs 63.33 crores for the quarter ended September 30, 2019.
Indian Market: Sensex recovers over 200 pts
Oct 30, 2020, at 10:39 pm
Mumbai/UNI: BSE Sensex on Friday smartly recovered by 208 pts at 39,958.56 as buying was seen across the board.
Shapoorji Pallonji to construct Telangana’s new Secretariat building
Oct 30, 2020, at 10:18 pm
Hyderabad/UNI: Construction major Shapoorji Pallonji (SP) group has won the bid to build Telangana’s new integrated Secretariat building complex, beating L and T.
Kirloskar Oil Engines Q2 consolidated net profit rises by 43.89 pc
Oct 30, 2020, at 10:14 pm
Mumbai/UNI: Kirloskar Oil Engines has posted a rise of 43.89 pc in its consolidated net profit for the quarter ended September 30, 2020 at Rs 57.54 crore as against net profit of Rs 39.99 crore for the quarter ended September 30, 2019.
Facebook reports strong Q3 results
Oct 30, 2020, at 03:21 pm
Washington/Xinhua: US social media giant Facebook Inc. reported on Thursday its financial results for the third quarter of 2020, with net income growing 29 percent to 7.85 US billion dollars for the quarter ending on September 30, compared with 6.09 billion dollars in the corresponding period last year.
Amazon reports Q3 results with record sales and profit
Oct 30, 2020, at 03:16 pm
Washington/Xinhua: Amazon.com Inc. on Thursday announced its third quarter ended September 30, 2020 with record sales and profit for the second consecutive quarter.
Apple reports Q4 results with record Sept quarter revenue
Oct 30, 2020, at 03:03 pm
Washington/Xinhua: Apple on Thursday announced financial results for its fiscal 2020 fourth quarter ended Sept. 26 with record revenue of 64.7 billion US dollars, up by 1 percent year on year.
Blue Dart Express Ltd records massive jump in PAT in Q2FY21
Oct 30, 2020, at 05:35 am
Kolkata/IBNS: Logistics major Blue Dart Express Thursday said its profit after tax rose to Rs 414 million (previous year Rs 140 million) for the quarter ended September 30, 2020.
Strides Pharma records 11 pc YoY revenue increase in Q2FY21
Oct 30, 2020, at 04:52 am
Kolkata/IBNS: Strides Pharma Science Ltd (BSE: 532531, NSE: STAR) today announced its consolidated financial results for the quarter (Q2FY21).
Oct 29, 2020, at 11:23 pm
Mumbai/UNI: Extending losses for another day, BSE Sensex on Thursday dropped by 172.61 pts to settle at 39,749.85 on heavy selling in Capital Goods, Consumer Durable, Utilities, Industrials and FMCG stocks amid weak Asian Market.
Jammu and Kashmir: Craft Mela fetches Rs 12 lakh business for artisans
Oct 29, 2020, at 10:35 pm
Srinagar: At a time when the business fraternity in the Valley is facing severe economic hardships owing to the lockdown after the abrogation of Article 370 last year followed by the Coronavirus pandemic, artisans in the past 12 days have done a business of around Rs 12 lakh at the craft Mela organised by the Handicraft department at Kashmir Haat.
Financial assistance provided to aspiring rural entrepreneurs under B2V3 initiative
Oct 29, 2020, at 10:34 pm
Srinagar: With the aim to promote self-employment and entrepreneurship among the rural population and to mitigate the burgeoning rural unemployment, the Deputy Commissioner Rajouri, Mohammad Nazir Sheikh Tuesday handed over 21 sanction letters involving a loan assistance of Rs 1.84 crore to the young rural entrepreneurs under the B2V3 self–employment program.
Snapdeal launches festive e-stores
Oct 29, 2020, at 10:04 pm
New Delhi: Snapdeal, India’s leading e-commerce marketplace, on Thursday announced the launch of multiple festival-themed e-stores as part of Diwali offerings. There will be four uniquely themed e-stores, starting with the Karva-Chauth store, followed by Dhanteras, Bhaiya Dooj and Lighting stores over the next few days.
Online brand FreshToHome raise $121million in Series C funding, a record for India Consumer Tech
Oct 29, 2020, at 02:41 am
Bengaluru/IBNS: FreshToHome, a leading fully integrated online brand in fresh fish and meat e-commerce raised $121million in Series C funding.
Kashmir Agriculture Department opens organic vegetable market in Srinagar
Oct 28, 2020, at 11:47 pm
Srinagar: The Kashmir Agriculture Department has organized a completely organic vegetable market in Srinagar city.
IndusInd Bank moves down by 3.45 pc to Rs 592.75
Oct 28, 2020, at 11:05 pm
Mumbai/UNI: IndusInd Bank on Wednesday slipped by 3.45 pc to Rs 592.75 a major loser in 30 scrips of BSE.
Indian Rupee down 18 paise against USD
Oct 28, 2020, at 11:01 pm
Mumbai/UNI: The Rupee on Wednesday slipped by 18 paise to close at 73.88 against the US Dollar on rising demand for US Dollars by bankers and importers, dealers at the Forex Market said.
Oct 28, 2020, at 11:00 pm
Bangalore: To cater to the increasing number of Toyota car owners in smaller cities and towns across India, Toyota Kirloskar Motor (TKM) today announced the expansion of its service network with the launch of multiple PRO Service centres.
Mahindra Manulife Mutual Fund launches ‘Mahindra Manulife Focused Equity Yojana'
Oct 28, 2020, at 10:58 pm
New Delhi: Mahindra Manulife Investment Management Private Limited (Formerly known as Mahindra Asset Management Company Pvt. Ltd.), a 51:49 joint venture of Mahindra & Mahindra Financial Services Limited (MMFSL) and Manulife Investment Management (Singapore) Pte. Ltd. (‘Manulife Singapore’) launches ‘Mahindra Manulife Focused Equity Yojana,’ an open ended equity scheme that aims to invest in maximum 30 stocks across market capitalization (i.e. multi cap).
Amazon Pay ICICI Bank credit card is fastest to cross 1 million milestone
Oct 28, 2020, at 10:56 pm
New Delhi: Amazon Pay and ICICI Bank on Wednesday announced that the Bank has issued about 1.4 million Amazon Pay ICICI Bank credit cards.
Indian Market: Sensex crashes by 599.64 pts
Oct 28, 2020, at 10:52 pm
Mumbai/UNI: The BSE Sensex on Wednesday nosedived by 599.64 pts to settle at 39,922.46 on selling in Finance, Bankex, Realty and Metal stocks.
Supreme Industries Q2 consolidated net rises by 25.35 pc to Rs 174.95 cr
Oct 28, 2020, at 10:30 pm
Mumbai/UNI: Supreme Industries has reported a rise of 25.35 pc in its consolidated net profit for the quarter ended September 30, 2020 at Rs 174.95 crores as against net profit of Rs 139.57 crores for the quarter ended September 30, 2019.
SBI General Insurance clocks 17 pc GWP growth in H1
Oct 28, 2020, at 10:27 pm
Kolkata/UNI: SBI General Insurance, one of the leading general insurance companies in India, has recorded a profit before tax of Rs. 402 cr for the first half of the financial year FY20-21 compared to Rs. 278 cr for H1 FY 19-20.
KAY2 TMT upgrades its brand identity, unveils premium TMT brand “KAY2 Xenox”
Oct 28, 2020, at 12:16 am
Kolkata: KAY2 TMT on Tuesday announced that the company has amplified its brand identity with the unveiling of a new premium TMT brand “KAY2 Xenox”.
Airtel enters the $ 1 billion Indian cloud communications market with Airtel IQ
Oct 27, 2020, at 11:56 pm
Kolkata: Bharti Airtel, a telecommunications company, marked its entry into the fast-growing cloud communications market with the launch of Airtel IQ on Tuesday.
TATA Motors Q2 consolidated net loss widens to Rs 314.45 cr
Oct 27, 2020, at 11:06 pm
Mumbai/UNI: TATA Motors has reported a consolidated net loss of Rs 314.45 crores for the quarter ended September 30, 2020 as against net loss of Rs. 216.56 crores for the quarter ended September 30, 2019.