by Syed Fasiuddin Bank credit to auto loans declined by 2.75% between March and May, according to data from the Reserve Bank of India (RBI). In March, when the nationwide lockdown was first implemented, bank credit to auto loans was at Rs 2.20 lakh crore which declined to Rs 2.14 […]
Banking & Business
प्रोत्साहन पैकेज में इस्तेमाल हो सकती है यह राशि इस साल 2.1 लाख करोड़ रुपए जुटाने का है लक्ष्य दैनिक भास्कर Jul 10, 2020, 09:55 AM IST नई दिल्ली. केंद्र सरकार दुनिया की सबसे बड़ी कोयला उत्पादक कंपनी कोल इंडिया लिमिटेड (सीआईएल) और आईडीबीआई बैंक में हिस्सेदारी बेचने पर विचार […]
Representative image NEW DELHI: E-commerce firms, manufacturers and marketing agencies of imported packaged items face fines of up to Rs 1 lakh and one year jail, if they don’t display the “country of origin” of such products. In its bid to rein in such violators and those falling foul of […]
Loyal Textile Mills on Thursday unveiled reusable ‘triple viral shield’ products with anti-viral coating, under its Supera Shield brand. Loyal said in a release that it had collaborated with HeiQ Materials AG, Switzerland, and Reliance Industries Ltd. (RIL). It uses R Elan fibre from Reliance and HeiQ’s Viroblock technology to […]
Indian software behemoth Tata Consultancy Services Ltd (TCS) reported a lower first-quarter profit on Thursday, missing estimates, as the Covid-19 pandemic forced its clients to cut spending on IT services. TCS said net profit for the three months ended June 30 fell 13.8% year-on-year to 70.08 billion rupees ($934.94 million). […]
आज की बड़ी खबरें। NATIONAL: राजनीति के साथ देश की हर एक बात यह खबर भी पढ़े: Lucknow: अनलॉक में लापरवाही से बढ़ा संक्रमण, अब बाजारों में ऑड-ईवन फार्मूला से भीड़ पर नियंत्रण की कवायद यह खबर भी पढ़े: UP: पोस्टमार्टम रिपोर्ट में खुलासा, पुलिस मुठभेड़ में ढेर अमर दुबे […]
Tata Consultancy Services Ltd. announced its quarterly results on July 9, 2020. The consolidated net sales in Q1FY21 stood at Rs38,322cr, which declined by 4.07% qoq from Rs39,946cr in Q4FY20. EBITDA stood at Rs10,024cr in Q1FY21 that decreased by 8.67% qoq. For Q4FY20, it posted EBITDA of Rs10,976cr. EBITDA margin […]
Government of India has announced the sale (issue/re-issue) of Government Stock detailed below through auctions to be held on July 10, 2020. As per revised scheme of underwriting notified on November 14, 2007, the amounts of Minimum Underwriting Commitment (MUC) and the minimum bidding commitment under Additional Competitive Underwriting (ACU) […]
The average banking customer, too, is now averse to making any physical contact with her bank. In an increasingly-digitised world, banks have for years now been reorienting their outreach strategies away from purely branch-driven models towards digital channels. This process may now be getting accelerated as Covid pushes them to […]
Private lender Yes Bank seeks to raise upto Rs 15000 crore in its further public offering (FPO). The bank in an exchange filing said the FPO through the fresh issue of equity shares will have an offer size of upto Rs 15000 crore, of which Rs 200 crore is reserved […]