Clipped from: https://www.businesstoday.in/latest/corporate/story/ril-q3-results-net-profit-declines-15-to-rs-15792-cr-366930-2023-01-20 Middle Distillate cracks to remain firm on lower inventories, seasonal demand, and impending loss of Russian oil products, says the conglomerate on outlook
Category: May Look At Leisurely
Govt must lower fiscal deficit, act on non-tax revenue: EY India’s Memani | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/govt-must-lower-fiscal-deficit-act-on-non-tax-revenue-ey-india-s-memani-123012001104_1.html In an interview with Ruchika Chitravanshi, Rajiv Memani, chairman and managing director of EY India, said that there is a strong enabling environment
👍👍How bike taxis can ease urban mobility woes and boost the economy | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/how-bike-taxis-can-ease-urban-mobility-woes-and-boost-the-economy-123011900778_1.html Bike taxis provide affordable and flexible first-and last-mile connectivity solutions, can generate huge employment opportunities, boost the local economy, and reduce pressure on
👍👍Prioritising stability over growth | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/prioritising-stability-over-growth-123011901524_1.html The backdrop of the Budget augurs well for the government, but a closer look calls for a cautious approach Amidst the uncertain global
Two-wheeler industry unlikely to recover in the next two years: ICRA – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/two-wheeler-industry-unlikely-to-recover-in-the-next-two-years-icra/article66397604.ece Overall auto sector expected to grow at high single digit The two-wheeler industry continues to struggle with volumes still below the pre-Covid peak
*IndusInd Bank (Buy) – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/brokers-call-indusind-bank-buy/article66408297.ece Anand Rathi Equity Research Target: ₹1,408 CMP: ₹1,199.45 IndusInd Bank’s Q3 FY23 profitability improved, with a 1.86 per cent RoA (up 8 basis
🙏A digital legal system needed for speedy justice – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/a-digital-legal-system-needed-for-speedy-justice/article66410182.ece In a country with over 65 crore active internet users, online dispute resolution has immense potential to cut case backlog Towards speedy justice
*SC refuses to grant relief to Google; NCLAT to decide matter by March 31 | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/sc-refuses-to-grant-relief-to-google-nclat-to-decide-matter-by-march-31-123011901325_1.html Google has been given an additional week’s time to comply with the CCI order, which includes paying 10 per cent of the penalty
*Ril Q3 Results Preview: RIL Q3 Preview: Profit may slump 17% YoY, Jio Financial plans in focus – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/earnings/ril-q3-preview-earnings-seen-improving-qoq-jio-financial-plans-in-focus/articleshow/97122432.cms Synopsis Net profit is seen down 7-26% on a YoY basis, according to the estimates, while revenue growth is seen in the range
*****All you need to know about Home Loan Foreclosure | The Financial Express
Clipped from: https://www.financialexpress.com/money/all-you-need-to-know-about-home-loan-foreclosure/2953443/ If you are planning to go for a home loan foreclosure, here is a quick guide that can help. Home loan borrowers heading
*HDFC planning to raise funds by issuing commercial papers maturing in 1 mth | Business Standard News
lipped from: https://www.business-standard.com/article/finance/hdfc-planning-to-raise-funds-by-issuing-commercial-papers-maturing-in-1-mth-122100600675_1.html India’s Housing Development Finance Corp plans to raise funds by issuing commercial papers maturing in one year, three merchant bankers said on Thursday
*Asian Paints December quarter net profit rises 6.4% to Rs 1,097 crore | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/asian-paints-december-quarter-net-profit-rises-6-4-to-rs-1-097-crore-123011900656_1.html The company had posted a consolidated net profit of Rs 1,031.29 crore in the same period last fiscal, Asian Paints said in a
Paint industry could see further downsides on demand, competitive pressures | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/paint-industry-could-see-further-downsides-on-demand-competitive-pressures-123011800980_1.html Q3 could see weak volumes; hurdle for incumbents is new entrants in the sector The paints sector has been an underperformer with most
*Layoff: Microsoft to reduce 10,000 jobs globally amid bleak global outlook | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/microsoft-to-reduce-10-000-jobs-globally-through-the-end-of-q3-fy23-123011801313_1.html The impact of the move on its Indian operations could not be ascertained Microsoft on Wednesday said it would reduce its workforce by 5
*India’s tech workforce feels the impact of global layoffs by MNCs
India’s tech workforce feels the impact of global layoffs by MNCs: https://www.thehindubusinessline.com/info-tech/global-layoffs-wave-hits-home-indian-tech-workforce-feels-the-impact/article66397898.ece Other tech companies carrying the global layoff wave are Microsoft, which is slashing
🙏IndusInd Bank Q3 Results: Profit surges 69% YoY to Rs 1,959 crore; NII rises 19%
IndusInd Bank Q3 Results: Profit surges 69% YoY to Rs 1,959 crore; NII rises 19% https://economictimes.indiatimes.com/markets/stocks/earnings/indusind-bank-q3-results-profit-surges-69-yoy-to-rs-1959-crore-nii-rises-19/articleshow/97089085.cms Download Economic Times App to stay updated with Business
🙏Asian Paints Q3 preview: Expect moderation in sales growth; volume growth to be muted
Asian Paints Q3 preview: Expect moderation in sales growth; volume growth to be muted https://economictimes.indiatimes.com/markets/stocks/earnings/asian-paints-q3-preview-expect-moderation-in-sales-growth-volume-growth-to-be-muted/articleshow/97093974.cms Download Economic Times App to stay updated with Business News
Capex push in states | Business Standard Editorials
lipped from: https://www.business-standard.com/article/opinion/capex-push-in-states-123011701380_1.html Maintaining the momentum will be challenging State government finances have witnessed significant recovery after the pandemic-induced disruption. According to the latest annual study
HDFC Bank, HDFC extend gains; advance over 3% in two trading days | Business Standard News
lipped from: https://www.business-standard.com/article/markets/hdfc-bank-hdfc-extends-gain-up-over-3-in-two-trading-days-123011800391_1.html In the past three months, HDFC Bank (up 13 per cent) and HDFC (up 15 per cent) have outperformed the benchmark S&P BSE
Hiring slowdown lifts India’s top IT companies’ profit per employee | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/brake-on-hiring-boost-it-industry-s-profit-per-employee-shows-data-123011701150_1.html Productivity improves in terms of revenue per employee A slowdown in hiring by India’s top IT companies has resulted in a sharp increase in the industry’s
