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Home  Business

Business

Economic shock from second wave less severe: Fitch Ratings

Economic shock from second wave less severe: Fitch Ratings

  • Total vehicle registrations slip 30 per cent in FY21

    Passenger vehicles (PV) registrations were at 23,86,316 units last fiscal, as against 27,73,514 units in FY20, down 13.96 per cent
  • Reliance, affiliates buy bulk of KG-D6 gas

    Reliance and its partner UK's BP Plc last week auctioned 5.5 million standard cubic meters per day of incremental gas from the newer discoveries in the KG-D6 block, benchmarking it to a gas marker
  • Isuzu drives in BS-VI compliant products

    The V-Cross trim with automatic transmission and two-wheel drive system is priced at Rs 20.06 lakh, while the four-wheel-drive variant with manual transmission is tagged at Rs 21.07 lakh
  • Investor wealth jumps over Rs 6.44 lakh cr in four days

    The market capitalisation of BSE-listed companies zoomed Rs 6,44,760.45 crore to Rs 2,13,28,658.05 crore in four trading days starting May 5
  • Kesoram to raise Rs 600 cr in equity to reduce high-cost debt

    The company had taken the high-cost debt, via Non-convertible debentures and Optionally convertible debentures at an interest cost of 19.5 per cent from a clutch of private investors, to settle bank debts
  • JSPL makes prepayment of Rs 2,462 cr to lenders

    JSPL said it has reduced its debt by more than Rs 20,000 crore from a peak of approximately Rs 46,500 crore in 3QFY17 to Rs 25,600 crore as reported in 3QFY21
  • Zydus Wellness Q4 net profit surges 92.6 per cent

    Consolidated sales of the company stood at Rs 600.75 crore for the quarter under consideration
  • Oppo extends support to Covid warriors, donates Band Style to Cyberabad cops

    Donates 300 Oppo Band Style to Cyberabad Police officials to help them monitor their heart rate and Sp02 levels to keep a check on their health
  • Google raises Rs 33 cr in internal donations for Covid-hit India

    Google is also testing a new feature using the Q&A function in Maps that enables people to ask about and share local information on availability of beds and medical oxygen in select locations.
  • Gold gains Rs 179; Silver up by Rs 826

    In the previous trade, the precious metal had closed at Rs 47,273 per 10 gram.
  • BharatPe raises Rs 50 cr debt from Northern Arc Capital

    The fintech company has already facilitated disbursals of over Rs 1,600 crore to more than 2 lakh merchants since the launch of the lending vertical.
  • India smartphone market to see 15-20pc drop in Q2 amid lockdowns

    Samsung led the overall India mobile market in the first quarter this year with 18 per cent market share, while Xiaomi continued to dominate with 28 percent.
  • UltraTech Cement shares decline over 2 pc after Q4 earnings

    The leading cement producer had posted a net profit of Rs 3,236.85 crore in the January-March quarter a year ago, it said in a BSE filing.
  • Rupee rallies 18 paise to 73.33 against US dollar in early trade

    At the interbank forex market, the local unit opened at 73.34 against the US dollar, then inched higher to 73.33, reflecting a rise of 18 paise over its last close.
  • Amazon blocked 10 billion listings in counterfeit crackdown

    The Seattle-based e-commerce behemoth said the number of counterfeiters attempting to sell on the site rose as scammers tried to take advantage of shoppers who were buying more online
  • Petrol, diesel prices rise again after 2-day gap

    As compared to Sunday, petrol has become costlier by 26 paise while the price of diesel has increased by 33 paise.
  • GigIndia to provide Rs 3 lakh insurance cover to active gig workers

    The company is initiating efforts to ensure certified gig workers on its platform continue receiving gigs (projects), thereby enabling a steady monthly income.
  • Ajanta Pharma earmarks Rs 250 cr capex

    The company had earmarked a capex plan of Rs 150 crore for 2019-20 fiscal.
  • Coal India continues fuel supply to power plants under import substitution

    CIL further said that the PSU and the Central Electricity Authority (CEA) have been directed to put notice asking to submit the requirement for 2021-22.
  • Maruti to focus on oxygen generator plants, joins hands with NCR firms

    The auto major said it realised the critical importance of rapidly installing PSA oxygen plants
  • AIMTC seeks financial help for oxygen tanker drivers

    The All India Motors Transport Congress (AIMTC) also urged the government to allow free mobility along with the provision of food and water for oxygen tanker drivers
  • National Asset Reconstruction Company to be operational next month: IBA CEO

    The new entity is being created in collaboration with both public and private sector banks, Indian Banks' Association Chief Executive Officer (CEO) Sunil Mehta
  • Covid derailed investment, expansion plans: Rasna

    Rasna has 40 mocktail bars across the country. The company had earlier planned to have 100 Rasna mocktail bars by the end of this financial year.
  • Reliance Retail second fastest growing retailer in world

    The list is topped by US giant Walmart Inc, which retains its position as world's top retailer.
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