Clipped from: https://www.business-standard.com/article/finance/indusind-bank-admits-to-procedural-lapses-in-mfi-lending-122012901110_1.html The bank’s chief executive and managing director Sumant Kathpalia stressed that it will not lead to any financial hit Private sector lender IndusInd Bank on
Category: May Look At Leisurely
Torrent Pharma tumbles 14% on disappointing Q3 results | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/torrent-pharma-freezes-at-10-lower-circuit-on-disappointing-q3-results-122012700259_1.html In Q3FY22, earnings before interest tax and depreciation and amortization (EBITDA) margins declined 490 bps YoY to 25.5 per cent driven by price
Economy needs more hand-holding, fiscal correction can wait: Report | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/economy-needs-more-hand-holding-fiscal-correction-can-wait-report-122012801650_1.html The successive waves of the pandemic has made it more difficult to reduce government debt as a share of GDP in the medium-term,
A penny saved, a penny earned and other insights into the art of budgeting | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/a-penny-saved-a-penny-earned-and-other-insights-into-the-art-of-budgeting-122012801451_1.html Budgeting tips: Start with some kind of allocation of your periodical expenses, even if it’s very rudimentary. You can adopt a more sophisticated
GST brakes on growing digital economy – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/gst-brakes-on-growing-digital-economy/2417680/ The requirement that small businesses register under GST if they want to sell online, even when their turnovers are below the threshold required
Budget Expectation 2022: Complete tax exemption on annuity to make it at par with NPS – The Financial Express
Clipped from: https://www.financialexpress.com/money/budget-expectation-2022-complete-tax-exemption-on-annuity-to-make-it-at-par-with-nps/2418848/ Policyholders pay the annuity premium from their post-tax income. Once, they start receiving an annuity, typically after retirement, the entire annuity is taxable
Nuts and bolts of govt capex spend – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/blexplainer/bl-explainer-nuts-and-bolts-of-govt-capex-spend/article64941366.ece A higher capital expenditure by government will help generate demand in the economy and sustain economic growth What is government capital expenditure? Why
SC gives SpiceJet a three-week reprieve – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/logistics/sc-gives-spicejet-a-three-week-reprieve/article64943085.ece Earlier, a Division Bench of the Madras High Court had dismissed the appeal by SpiceJet against a Single Judge Bench order of December
Kotak Mahindra Bank Q3 net profit up 15 pc – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/kotak-mahindra-bank-q3-net-profit-up-15-per-cent/article64943259.ece Kotak Mahindra Bank reported a 15 per cent jump in standalone net profit to ₹2,131.36 crore in the third quarter of the fiscal
Textile Ministry extends timeline for PLI scheme application to February 14 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/textile-ministry-extends-timeline-for-pli-scheme-application-to-february-14/article64943538.ece Expects the number of submissions to go up following the extension The Textile Ministry has extended the timeline for applications for the Production
L&T Q3 FY22 net profit falls 5 per cent to ₹2,517 crore – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/lt-q3-fy22-net-profit-falls-5-to-rs-2517-crore/article64943481.ece Consolidated order book of the group was at ₹340,365 crore Larsen & Toubro (L&T), India’s largest infrastructure company, saw a decline of 5
Zomato picks up stake in AdOnMo, UrbanPiper; board approves incorporation of NBFC – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/zomato-picks-up-stake-in-adonmo-urban-piper-board-approves-incorporation-of-nbfc/article64943864.ece To pick up 19.48 pc stake in ad-tech company AdOnMo Pvt Ltd for ₹112.20; will also pick up 5 pc stake in B2B
Real estate sector sentiment at all-time high in Q4 2021, shows report – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/property-/-cstruction/real-estate-sector-sentiment-at-all-time-high-in-q4-2021-shows-report/articleshow/89088942.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis As per the report, the Future Sentiment score, that gauges the stakeholders’ expectation in the short to medium term, also remains in the
Axis Bank’s re-rating ‘imminent’ provided it manages one operational metric | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/axis-bank-s-re-rating-imminent-provided-it-manages-one-operational-metric-122012500428_1.html On the back of this consistent beat on earnings, analysts believe Axis Bank’s stock is set to re-rate. They see up to 53
It’s a healthy correction in Zomato stock; buy for long-term: Analysts | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/it-s-a-healthy-correction-in-zomato-stock-buy-for-long-term-analysts-122012500680_1.html With Zomato planning to expand its business, its outlook appears to be constructive, say analysts The shares of food delivery giant Zomato topped the Rs
FRL seeks time on loan dues; independent directors accept Reliance’s offer | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/frl-seeks-time-on-loan-dues-independent-directors-accept-reliance-s-offer-122012600038_1.html Retailer asks apex court to direct banks on not labelling it NPA Future Retail Ltd (FRL) has filed a writ petition in the Supreme
Zomato share price falls more, down 32% in one week; Kotak Securities sees massive upside, stock may double – The Financial Express
Clipped from: https://www.financialexpress.com/market/zomato-share-price-falls-more-down-32-in-one-week-kotak-securities-sees-massive-upside-stock-may-double/2415167/ Zomato share price extended its correction on Tuesday morning, falling another 5% over and above the 27% correction the stock has seen in
Housing registration in Mumbai-MMR up 53% to 242,000 units in 2021 | Business Standard News
Clipped from: https://www.business-standard.com/article/current-affairs/housing-registration-in-mumbai-mmr-up-53-to-242-000-units-in-2021-122012400788_1.html Registration of homes in Mumbai Metropolitan Region rose 53 per cent last year to 2.42 lakh units, driven by stamp duty reduction by
Axis Bank Q3 results: Net profit soars 224% to Rs 3,614 cr | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/axis-bank-q3-results-net-profit-soars-224-to-rs-3-614-cr-122012400867_1.html The bank’s net interest income grew 17% YoY to Rs 8,653 cr; asset quality improves Axis Bank (Photo: Bloomberg) Private lender Axis Bank on Monday
Reliance Industries expects bumper profits from global gas crunch | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/reliance-industries-expects-bumper-profits-from-global-gas-crunch-122012400921_1.html The conglomerate expects India in April to raise the price cap for its offshore gas sales by nearly 60% to around $10 per
