Mahindra Lifespace Developers was trading in red on Sensex. The stock has plunged by over 2.3%, trading at Rs202.65 per piece on Sensex at around 12.27 pm. The realty firm is reportedly seen to acquire land parcels which have sales potential of Rs2,000cr this financial year FY21. A top company […]
Banking & Business
(Amount in ₹ crore, Rate in Per cent) Volume(One Leg) WeightedAverage Rate Range A. Overnight Segment (I+II+III+IV) 305,030.23 2.98 0.50-4.10 I. Call Money 12,588.16 3.54 1.80-4.10 II. Triparty Repo 202,633.90 2.99 2.60-3.10 III. Market Repo 89,078.17 2.89 0.50-3.15 IV. Repo in Corporate Bond 730.00 3.75 3.75-3.75 B. Term Segment […]
The government will refrain from distress sale of its entities, especially if they are in strategic sectors (Image: PTI) Privatisation of any public sector bank (PSB) during the current fiscal is very unlikely due to their low valuations and mounting stressed assets amid the COVID-19 crisis, sources said. At present, […]
Reserve Bank of India on June 11, 2020 barred the People’s Co-operative Bank based in Kanpur, Uttar Pradesh, from carrying out any fresh lending, borrowing of funds or from accepting fresh deposits or disbursing payments. The move has been taken in view of the weak financial position the bank currently […]
ऑलकार्गो लॉजिस्टिक्स के ऊपरी 1,000 करोड़ रुपए का कर्ज है भंडारण कारोबार को 1,400 करोड़ रुपए में खरीद रही है ब्लैकस्टोन दैनिक भास्कर Jun 14, 2020, 09:40 PM IST नई दिल्ली. देश की सबसे बड़ी लॉजिस्टिक्स कंपनी ऑलकार्गो लॉजिस्टिक्स को उम्मीद है कि इस साल दिसंबर तक वह कर्ज से […]
NEW DELHI: Nafed on Sunday said it has procured 25,000 tonnes of onion so far from farmer producer organisations (FPOs), cooperatives and direct purchase centres at the prevailing rates for creating a buffer stock on behalf of the government. Last year, the Nafed had purchased a total of 57,000 tonnes […]
Grasim Industries, the flagship company of the $48 billion Aditya Birla Group, said its financial performance in the April-June quarter will be significantly impacted due to the coronavirus lockdown and it is reviewing its capital expenditure plans. However, Grasim Industries, whose subsidiaries include UltraTech Cement and Aditya Birla Capital, said […]
India’s GDP will not reach 2019-20 levels until 2021-22 according to World Bank projections. There will be immense economic pain in the days to come. The impact will vary for different stakeholders in the economy. Both policy and politics will have an important role to play in recovery. The first […]
মে মাসে জ্বালানির চাহিদা বৃদ্ধি ৫০ শতাংশ মে মাসে জ্বালানির চাহিদা বৃদ্ধি হয়েছে প্রায় ৫০ শতাংশের মতো। কেননা ওই মাসেই করোনা ভাইরাস সংক্রান্ত অনেক বিধিনিষেধ তুলে নেওয়া হয়েছিল। মে মাসের ১৪.৬৫ মিলিয়ন টন জ্বালানি লেগেছিল ভারতে। যা এপ্রিলের থেকে ৪৭.৪ শতাংশ বেশি। তবে তা একবছর আগের থেকে ২৩.৩ শতাংশ কম। […]
Grasim Industries Limited reported a ~32% yoy increase in its consolidated net profit to ~Rs1506cr in Q4FY20 as against a net profit of ~Rs1144cr in the corresponding quarter of last fiscal. PAT margin increased by ~2% yoy to 7.5% in Q4FY20. Deferred tax amounting to ~Rs2267cr helped Grasim Industries post […]