Avenue Supermarts Ltd (DMart) announced its quarterly results on July 11, 2020. The consolidated net sales in Q1FY21 stood at Rs3,883.18cr, which declined by 33.22% yoy from Rs5,814.56cr in Q1FY20. EBITDA stood at Rs111.77cr in Q1FY21 that decreased by 81.27% yoy. For Q1FY20, it posted EBITDA of Rs596.76cr. EBITDA margin […]
Banking & Business
1. Reserve Bank of India – Liabilities and Assets* (₹ Crore) Item 2019 2020 Variation Jul. 5 Jun. 26 Jul. 3 Week Year 1 2 3 4 5 4 Loans and Advances 4.1 Central Government 66793 573 573 -66220 4.2 State Governments 5566 3416 […]
RBI Governor Shaktikanta Das. Banks need to raise capital on anticipatory basis to build up adequate capital buffers to mitigate risks arising out of coronavirus outbreak, RBI Governor Shaktikanta Das said on Saturday. He said building buffers and raising capital will be crucial not only to ensure credit flow but also […]
The financial sector needs recapitalisation as it will witness erosion of capital due to increase in bad loans caused by the COVID-19 crisis, Kotak Mahindra Bank MD Uday Kotak said. He further said there will be costs that cannot be borne by businesses or the government, and these will be […]
एयरलाइन कंपनी ने एक बयान में कहा कि ये उड़ानें बेंगलुरु, दिल्ली, कोच्चि, मुंबई और तिरुवनंतपुरम के लिए संचालित की जाएंगी इन उड़ानों के बारे में नागरिक उड्डयन मंत्रालय ने 9 जुलाई को ट्विटर पर जानकारी दी थी दैनिक भास्कर Jul 11, 2020, 09:13 PM IST नई दिल्ली. दुबई स्थित […]
MUMBAI: A host of insurance companies have launched the specialized health insurance cover Corona Kavach for COVID -19 which is valid for a short-term with premium starting from Rs 447. Bajaj Allianz General Insurance, Max Bupa, HDF Ergo and Bharti Axa are the companies that announced the pricing on their […]
As the COVID-19 outbreak has caused unprecedented uncertainties and exposed the country’s financial system to vulnerability, the Reserve Bank of India (RBI) has asked lending institutions to conduct periodic “Covid stress tests” on their balance sheets to always remain alert and take timely action to raise capital and mitigate the […]
Boris Johnson is under pressure to strip IAG SA’s British Airways of valuable landing slots at UK airports amid concern about the airline’s plan to cut 12,000 jobs, according to a report in the Daily Mail. More than 100 British members of parliament from various political parties are asking the […]
दिनभर की बड़ी खबरें। NATIONAL: राजनीति के साथ देश की हर एक बात यह खबर भी पढ़े: बैंक धोखाधड़ी का एक और मामला आया सामने, इस बैंक के दो खातों में 112 करोड़ रुपये की धोखाधड़ी यह खबर भी पढ़े: भारत-चीन विवाद: आसान नहीं चीन का बहिष्कार, डूब रही कंपनियां […]
Steel Authority Of India Ltd. (SAIL) announced its quarterly results on July 10, 2020. The consolidated net sales in Q4FY20 stood at Rs16,171.83cr, which declined by 12.55% yoy from Rs18,492.01cr in Q4FY19. EBITDA stood at Rs6,453.8cr in Q4FY20 that increased by 190.51% yoy. For Q4FY19, it posted EBITDA of Rs2221.57cr. […]