Business

Net profit (standalone) for the entire fiscal 2020-21 was down by 20.84 per cent to Rs 887.58 crore as against Rs 1,121.35 crore in 2019-20.

Fitch believes that political support in favour of legislative changes to the Act, which are required in order to go through with the sale, could be a significant hurdle for the government.

JD(U) leaders contend that the state was been adversely affected by the carving out of the resource-rich Jharkhand two decades ago.

In the international market, gold was trading lower at USD 1,883 per ounce and silver was flat at USD 27.55 per ounce.

The survey, which was conducted by the PHD Chamber between April and May 2020, involved businesses across the micro, small, medium and large enterprises.

A total of 9.8 lakh participating policyholders are expected to benefit from this, taking them closer to their long-term financial goals, especially at the time of the pandemic.

In a statement, the company, he will be the CEO post the regulatory approval and has been named the interim CEO with immediate effect.

Both the entities will look at investing up to Rs 40 lakh in pre-revenue stage in promising deep technology startups in AI and other emerging technologies.

Across the country as well petrol and diesel prices increased between 24-28 paise per litre on Monday but its retail prices varied depending on the level of local taxes in different states.

The number of unique modifications of Miners (malicious programs) more than quadrupled from 3,815 to 16,934 in Q1 2021.

The National Company Law Tribunal (NCLT) will have to next approve the resolution proposal.

PowerGrid was the top gainer in the Sensex pack, rising over 1 per cent, followed by L&T, NTPC, ONGC, ITC, SBI, Bajaj Auto and ICICI Bank.

At the interbank foreign exchange, the rupee opened strong at 72.85 against the dollar and lost some ground to touch 72.87 in early deals, a rise of 12 paise over its previous close.

India Accelerator launching a dedicated fund along with venture capitalists and engaging with academia to nurture innovation early

The Hyderabad-based drug major is voluntarily recalling the affected lots of the drug in 10 mg strength due to “failed impurities degradation specifications”.

It may be noted that urea forms 82 per cent of the total nitrogenous fertilisers consumed in India and it has recorded exponential increase in consumption over the years.

India had in September 2019 slashed corporate taxes for domestic companies to 22 per cent and to 15 per cent for new domestic manufacturing units.

The funds raised would be utilised for long term resources, for general corporate purposes, fund future growth, and also to reduce debt.

Ludhiana Hand Tools Association President S C Ralhan said that many of the competing countries, provide support to manufacturing units by providing steel at much reasonable prices.

The company had reported a loss of Rs 13,095.38 crore in the December quarter of 2020-21.

Government expects the fund to raise up to Rs 3 lakh crore in the next few years

The inflow comes following a net withdrawal of Rs 2,954 crore in May and Rs 9,659 crore in April, data with depositories showed.

Agriculture activity, Niti Aayog Member (Agriculture) Ramesh Chand said, peaks in the month of March or till middle of April, after that it comes down significantly and again peaks with the arrival of monsoon.

Under STPI’s BPO Promotion Scheme, at present 247 BPO/ITES units are operational in 102 cities providing direct employment of 41,628 persons