Clipped from: https://www.financialexpress.com/industry/steel-makers-raise-prices-by-up-to-rs-4500-per-tonne/2245856/ Despite anaemic domestic demand primarily due to lockdown and restrictions on mobility, the price hike is mainly to align with the international prices,
Category: Company Specific News
FPIs bet big on private insurers – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/fpis-bet-big-on-private-insurers/article34480992.ece Between FY19 and FY21, FPIs pumped in ₹52,527 crore into the insurance sector Foreign portfolio investors (FPIs) are going strong on the Indian
API supply concerns from China fuel Alembic Pharma’s global prospects – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/api-supply-concerns-from-china-fuel-alembic-pharmas-global-prospects/article34481925.ece Company’s segment revenues surge 35% during the year The Covid-led supply disruptions of Active Pharmaceutical Ingredients (API) from China last year has proved
RBL Bank Q4 net profit down 34% – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbl-bank-q4-net-profit-down-34/article34480127.ece Sharp rise in provisions and lower interest income hit bottomline Private sector lender RBL Bank reported a 34 per cent drop in its
Pricing pressure in US market to impact margins of pharma companies | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/pricing-pressure-in-us-market-to-impact-margins-of-pharma-companies-121050401041_1.html Lack of new launches due to inspection delays, intensifying competition key headwinds Representational image The margins of Indian generic drug makers could be
RIL’s Rs 53,124-cr rights: Partly paid premium shrinks as call date nears | Business Standard News
lipped from: https://www.business-standard.com/article/markets/ril-s-rs-53-124-cr-rights-partly-paid-premium-shrinks-as-call-date-nears-121050401025_1.html Analysts advice investors to make switch to fully-paid shares Photo: Shutterstock The price of Reliance Industries’ (RIL’s) partly-paid (PP) and fully-paid (FP) shares
Wistron: Foxconn, Wistron, Dell, 16 other cos apply for investments under PLI scheme for IT hardware – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/cons-products/electronics/foxconn-wistron-dell-16-other-cos-apply-for-investments-under-pli-scheme-for-it-hardware/articleshow/82386724.cmsSynopsis Out of the total production, IT hardware companies have proposed production worth over Rs 1.35 lakh crore, and domestic companies have proposed production
Airtel Bank offers 6% interest rate for deposits over ₹1 lakh – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/airtel-bank-offers-6-interest-rate-for-deposits-over-1-lakh/article34470974.ece Airtel Payments Bank has over 55 million engaged users across its operations Airtel Payments Bank on Monday said that its customers will get
May look at raising capital on economic recovery, credit offtake: Yes Bank chief – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/may-look-at-raising-capital-on-economic-recovery-credit-offtake-yes-bank-chief/article34470172.ece “Citi’s business offers a good potential, not only credit card but wealth and retail also.” Optimistic about economic prospects despite the second wave
Two-wheeler makers report double-digit decline in sales in April on MoM basis – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/two-wheeler-makers-report-double-digit-decline-in-sales-in-april-on-mom-basis/article34473960.ece Honda, Bajaj Auto post record export sales Just like passenger vehicle manufacturers, major two-wheeler companies in the country, including Hero MotoCorp, Honda Scooter
‘Saw 5-fold growth in account opening by women last year’: Ravi Kumar, co-founder and CEO, Upstox | INTERVIEW – The Financial Express
Clipped from: https://www.financialexpress.com/market/saw-5-fold-growth-in-account-opening-by-women-last-year-ravi-kumar-co-founder-and-ceo-upstox-interview/2245385/ The fast-spreading second wave of Covid-19 in India along with vaccine supply issues have caused volatility in the markets for a while now,
IDBI Bank’s Q4 net profit soars to ₹512 crore – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/money-and-banking/idbi-banks-q4-net-profit-soars-to-512-crore/article34471388.ece?homepage=true Sees robust 37.5 per cent increase in net interest income IDBI Bank’s standalone net profit soared almost four times in the fourth quarter
Kotak Mahindra Bank’s consolidated net profit rises 36% in Q4FY21 | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/kotak-mahindra-bank-s-consolidated-net-profit-rises-36-in-q4fy21-121050300721_1.html Private sector lender Kotak Mahindra Bank on Monday reported a consolidated net profit of Rs 2,589 crore in the March quarter of FY21, up 36
Vodafone Idea: Can raise $1 billion by June, Vodafone Idea tells lenders – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/telecom/telecom-news/can-raise-1b-by-june-vodafone-idea-tells-lenders/articleshow/82360491.cmsSynopsis Separately, one of Vi’s domestic lenders, a large public-sector bank, recently extended a bank guarantee for about Rs 1,420 crore by another year,
Yes Bank says no to National Asset Reconstruction Company, says will pursue own NPA aggregator – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/yes-bank-says-no-to-national-asset-reconstruction-company-says-will-pursue-own-npa-aggregator/articleshow/82357799.cmsSynopsis At the same time the bank is still pursuing its objective of a majority owned asset reconstruction company (ARC) and is waiting for
Why you should accumulate the stock of HDFC Bank – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/stock-fundamental-analysis-india/why-you-should-accumulate-the-stock-of-hdfc-bank/article34402533.ece?homepage=true Healthy loan book and stable asset quality, among other things, hold it in good stead With the resurgence of Covid cases and partial
Why the stock of Alkem Labs is a good ‘Buy’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/stock-fundamental-analysis-india/why-the-stock-of-alkem-labs-is-a-good-buy/article34402149.ece?homepage=true The stock is suitable for long-term investors, given multiple positives and reasonable valuation Alkem Laboratories, the fifth largest pharma company in India, is
Tech Mahindra Rating: buy: Execution was strong in the final quarter – The Financial Express
lipped from: https://www.financialexpress.com/market/tech-mahindra-rating-buy-execution-was-strong-in-the-final-quarter/2243402/ Deal momentum expected to stay strong; firm looking at double-digit growth in FY22; ‘Buy’ maintained Management is focussing on customer transformation deals. The
Amazon India announces measures to help SMBs amid COVID-19 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/retail/amazon-india-announces-measures-to-help-smbs-amid-covid-19/articleshow/82345740.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The e-commerce major said it is waiving 50 per cent of the ‘sell-on-amazon’ or ‘referral fee’ from May 1-31 for a section of
Good earnings nos vs NPA woes: Is now a good time to look at bank stocks? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/expert-view/good-earnings-nos-vs-npa-woes-is-now-a-good-time-to-look-at-bank-stocks/articleshow/82344011.cmsSECTIONSGood earnings nos vs NPA woes: Is now a good time to look at bank stocks?Last Updated: May 01, 2021, 05:39 PM ISTSynopsis ‘The
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