Indian Oil today reported a massive ₹5,185 crore loss in the March quarter as against ₹6,099.27 crore net profit in the same period a year back. State-owned Indian Oil Corp (I,e, IOC) reported that a massive ₹5,185 crore loss on Wednesday in the March quarter after a slump in...
Stocks to Watch – On Tuesday, the share market ended on a negative. The session remained a little unchanged as banking, financials, pharma, and FMCG stocks turned negative soon after opening. The Sensex ended 8 points lower to 37,973 points while Nifty closed with a loss of 5 points...
You probably feel that many Americans fear running out of money in retirement. While that's undoubtedly true, there is another reason for this worry: Many don't understand how to determine how much of the retirement funds they could afford to withdraw every year. In fact, at a 2019 poll from...
India needs to resume its economy as fast as possible so that people start having jobs, for which have been lost due to the COVID-19 situation, said by former Reserve Bank of India Governor Raghuram Rajan. In an interaction with former Congress president Rahul Gandhi, Rajan said India needed...
ICICI Bank ;the largest private company of country, on Saturday reported 26% rise in its net profit at ₹1,221Cr for the quarter by March 31 2020. The lender's net profit in year ago period was ₹969 Crore. The lender missed the average estimate of ₹3,510.50 crore made by 16...
Billionaire Mukesh Ambani’s stake sales in the Jio Platforms has helped lift an otherwise the tepid venture investment activity in May, that taking the allover inflows to USD 5.4 billion as against tto USD 935 million in April. The investments have literally doubled as compared to the year ago...
Friday Share Market Highlights: On Friday the Sensex and Nifty continued their last day’s positivity and ended at a six-month high for the last day of the week. This positive trend was mainly accelerated by the gains in the banks and media stocks. Regaining from the last day (Thursday),...
Four of the ten most valuable companies added Rs 1,12,121.1 crore in market valuation last week, with Tata Consultancy Services topping the chart. Bharti Airtel, Infosys, and ITC were the other gainers from the top-ten list. On the other hand, RIL, HUL, HDFC Bank, HDFC, Kotak Mahindra Bank and ICICI...
Stocks to Watch – On Monday, the share market ended on a positive note. The session ended over 1 percent higher because of the gains in the banks, financials, and metals stocks. The Sensex closed by 448.62 points higher to finally stand at 40,431.60 points while Nifty closed with...
The govt will give incentives to only 10 firms initially, of which 5 will be local firms. The production-linked incentive (i.e. PLI) scheme worth around Rs 40,995 crore for mobile phone manufacturing is set to offer an impetus to local firms like Micromax, Karbonn, Intex, Lava, and etc, to...