ITC Limited announced its quarterly results on July 24, 2020. Consolidated net revenue in Q1FY21 stood at Rs10,478.46cr, which declined by 17.22% yoy from Rs12,657.9cr in Q1FY20. EBITDA stood at Rs2,945.56cr in Q1FY21 that decreased by 40.35% yoy. For Q1FY20, it had posted EBITDA of Rs4,937.75cr. EBITDA margin as of […]
Banking & Business
The following State Governments have offered to sell securities by way of an auction, for an aggregate amount of ₹13,850 Cr. (Face Value). Sr. No. State Amount to be raised(₹ Cr) Additional Borrowing (Green shoe) Option(₹ Cr) Tenure (Yrs) Type of Auction 1. Andhra Pradesh 1,000 – 13 Yield 2. […]
Under the baseline scenario, three banks may have capital adequacy ratio under 9% by March 2021. (Reuters image) The capital adequacy ratio of banks may fall 133 basis points (bps) to 13.3% by March 2021, in comparison to March 2020, under a baseline stress test scenario, according to the financial […]
American investor Route One Investment Company has received approval from the Reserve Bank of India (RBI) to increase its stake in IndusInd Bank. The investment firm, as per IndusInd Bank’s filings from June, holds 5.54% in the lender through its entities Route One Offshore Master Fund based in the Cayman […]
Hindi News Business JioMart App Downloaded 1 Million Times As Soon As Launched, Grabs Top Spots In Google, Apple App Stores नई दिल्ली3 घंटे पहले फेसबुक के साथ डील की घोषणा करते हुए मुकेश अंबानी ने देश के 12 करोड़ किसानों और 3 करोड़ किराना दुकान मालिकों को जोड़ने की […]
(Representative image) NEW DELHI: India and the UK are looking at an early harvest scheme or a limited trade agreement to lower tariffs on a small set of goods apart from easing rules for select services in what is seen as a preparation for a free trade agreement. The issue […]
Yes Bank has unveiled banking services on WhatsApp and its customers can now check their savings account balance, view recent transactions and digital banking products, avail loan against fixed deposits, order cheque book, report unauthorised transactions, connect with contact centre via call or email and apply for over 60 products […]
The Reserve Bank of India (RBI) on Friday said that certain actions undertaken by financial sector regulators and the Centre to lessen the impact of the Covid-19 pandemic has managed to ease operational constraints and helped in maintaining market integrity and resilience in the face of severe risk aversion. Simultaneously, […]
একবছরের বেশি সময় ধরে ব্যাঙ্কের পার্টনার একবছরের বেশি সময় ধরে ফেসবুকের অধীনে থাকা হোয়াটসঅ্যাপ ব্যাঙ্কিং পার্টনার হিসেবে কাজ করছে। কীভাবে তাদের ডিজিচাল উপস্থিতি পরিপূরক হতে পারে, তাও দেখিয়েছে। ভবিষ্যতে আরও বেশি ব্যাঙ্কের সঙ্গে কাজ হোয়াটসঅ্যাপের তরফ থেকে জানানো হয়েছে, এখন তারা আরও বেশি ব্যাঙ্কের সঙ্গে কাজ করতে চান। পাশাপাশি ব্যাঙ্কিং […]
दिनभर की बड़ी खबरें। NATIONAL: राजनीति के साथ देश की हर एक बात यह खबर भी पढ़े: Rajasthan Crisis LIVE: कांग्रेस विधायक राजभवन में रातभर दें सकते है धरना, टेंट का सामना पंहुचा यह खबर भी पढ़े: ई-कॉमर्स वेबसाइट पर सामान निर्माता के देश का नाम लिखने की बाध्यता पर […]