Masayoshi Son, founder of SoftBank Group in a surprise announcement in the annual shareholder meeting said that he is stepping down from the board of Alibaba Group. “It’s not like we had a fight, this was perfectly amicable.” He had reportedly said in the meeting according to various media reports. […]
Banking & Business
एक साल पहले शुद्ध मुनाफा 3,481 करोड़ रुपए था स्कूल के पीक सीजन में पड़ी कोरोना की मार दैनिक भास्कर Jun 26, 2020, 10:54 PM IST मुंबई. सिगरेट से होटल तक के व्यवसाय में शामिल आईटीसी को चौथी तिमाही में 3,793 करोड़ रुपए का शुद्ध लाभ हुआ है। एक साल […]
(Representative image) NEW DELHI: The government on Friday notified new norms to allow online registration of new enterprises based on self-declaration, doing away the requirement to upload documents and certificates, from July 1. Officials said that this has been made possible with the integration of the Udyam Registration process with […]
Equity benchmark Sensex rallied 329 points on Friday, led by gains in Infosys, HDFC Bank, TCS and Reliance Industries amid positive cues from global markets. The 30-share index settled 329.17 points, or 0.94%, higher at 35,171.27, while the NSE Nifty surged 94.10 points, or 0.90%, to 10,383. Infosys was the […]
According to the International Monetary Fund, India will be the large economy worst hit by the Covid-19 pandemic. The Fund now says that Indian GDP in the ongoing financial year, which began in March 2020, will contract by 4.5%. Just a few weeks ago, it had been predicting 2% growth […]
नई दिल्ली। स्विस बैंकों में भारतीय नागरिकों और कंपनियों के जमाधन के मामले में भारत 3 स्थान फिसलकर 77वें स्थान पर पहुंच गया है। ये जानकारी स्विट्जरलैंड के केंद्रीय बैंक के ताजा आंकड़ों से मिली है। इस सूची में ब्रिटेन पहले स्थान पर काबिज है। हालांकि, पिछले साल भारत इस […]
ICRA ratings expects the asset quality of housing finance companies HFCs to worsen going forward. As per its recent report based on the aggregated analysis of its rated HFCs, the GNPAs in the housing segment is estimated to increase to 2.5-3.0% in FY2021 from an estimate of 1.7% as on […]
The results of the auctions of 5.22% Government Stock, 2025 (Re-Issue), 6.19% Government Stock, 2034 (Re-Issue), and 7.16% Government Stock, 2050 (Re-Issue) held on June 26, 2020 are: Auction Results 5.22% Government Stock 2025 6.19% Government Stock 2034 7.16% Government Stock 2050* I. Notified Amount ₹ 12000 Crore ₹ 11000 […]
Exim Bank managing director David Rasquinha said that the institution had raised $1 billion in January. India’s Export Import (Exim) Bank will look to raise up to $2 billion in the current financial year, subject to business conditions and the spread of the Covid pandemic, the lender’s top executive said […]
Indian Overseas Bank (IOB) on Thursday reported a net profit of Rs 144 crore for the fourth quarter of FY20, after making losses continuously for the last 18 quarters. The lender had reported a net loss at Rs 1,985.16 crore during corresponding quarter previous year. The public sector lender hopes […]