Gold has rallied in recent sessions as doubts have deepened over the prospects for a smooth economic recovery in America.
The private sector lender raised Rs 15,000 crore through FPO by issuing shares at the price of Rs 12 per share.
Similarly, net interest income (NII) increased by 20 per cent year-on-year t o Rs 9,280 crore in Q1FY21 from Rs 7,737 crore in Q1-2020.
According to the company, the Thakurani block, with estimated reserves of around 179 million tonnes, will make a valuable contribution to AM/NS India’s long-term raw material requirements.
At the end of the day’s trade, the oil-to-telecom giant’s market cap was at over Rs 13.06 lakh crore.
Rossari Biotech’s initial share-sale ended four months of inactivity in the IPO market.
As per the MoU between IBA and the workers and officers unions, the wage revision, which will benefit nearly 10 lakh employees, will be effective from November 1, 2017
Consumers in tier-2 and tier-3 cities are much more optimistic than those in tier-1 cities, the findings showed.
The company, in a regulatory filing, reported a 4.43 per cent rise in total income during the period under review to Rs 10,716 crore.
“For grocery, we expect online penetration to reset to a higher level due to Covid, further aided by the entry of Reliance Industries in this space,” the report said.
The company reported a 4 per cent year-on-year (YoY) growth in its revenue from operations at Rs 2,152.20 crore during the period under review.
According to Ronojoy Dutta, CEO, IndiGo, the company, after carefully assessing and reviewing all possible scenarios, will require to bid “a painful adieu” to 10 per cent of its around 27,000-strong workforce.
ComplianceQuest, a Cloud-based system natively built and run on Salesforce, helps life sciences, medical devices and other manufacturers meet their quality, safety and compliance goals
Lending major HDFC Bank on Saturday reported a 19.6 per cent increase in standalone net profit for the quarter ended June 30 of FY21 on the year-on-year basis. The bank’s net profit for the first quarter of FY21 rose to Rs 6,658.6 crore, HDFC Bank said. The bank’s net revenues[Read More…]
The current capacity of solar cell manufacturing in India is about 2,500 MW. This is proposed to rise over three times in coming years.
Ashwini Kumar Tewari will take over as the new MD and CEO of the Company with effect from August 1, 2020 for a period of two years.
According to a report in The Verge, Amazon is also planning to extend restrictions on nonessential business travel until the end of the year.
On the back of concluding the largest ever rights issue in India in digital-only mode, the 43rd AGM on Wednesday too was conducted through video conferencing for the first time ever.
The deal was earlier scheduled to close by March, 2020 but is now delayed and is expected to be completed this year.
Jio Platforms and Google have entered into a commercial agreement to jointly develop the entry-level affordable smartphone with optimisations to the Android operating system and the Play Store.
Speaking at the Annual General Meeting (AGM) of RIL, Ambani said that the “Made-in-India” technology can be deployed and launched in a year’s time once spectrum is available.
Jio has also revealed that the company is developing Jio Tv Plus, Jio glass and more.
Google is investing at an equity valuation of Rs 4.36 lakh crore, said an RIL regulatory filing.
The urban CPI stood at 5.91 per cent and rural at 6.20 per cent .
In FY20, Rossari Biotech had reported revenues of ₹600 core and net profit of ₹65.3 crore.