LiveHindalco Industries Reports Net Loss of Rs 709 Crore in June Quarter
Hindalco Industries reported its consolidated loss of Rs 709 crore on Friday, for the April-June quarter of the current financial year. The company’s Profit After Tax...
Category : BUSINESS
Hero MotoCorp: Q1 Sales Low, Volume Recovery Still Hopeful
A steep drop in sales led to adverse impacts on HeroMotoCorp Ltd in the June quarter. But the company still sustained with a report of...
Paytm Launches Stockbroking Services Via Paytm Money
Paytm announced to expand its business by Paytm Money, the digital financial service arm for stock trading on its platform. Currently available in beta phase, Paytm...
Ashok Leyland Q1: Weak Recovery Clouds Outlook with Steep Fall in Sales
Ashok Leyland Ltd shares continued to decline, despite benchmark Nifty auto index recouping most of its post-COVID-19 losses.From its then February highs, the Nifty auto...
Oil Trades Close to $43 Despite IEA Doubts on Demand Outlook
Following the International Energy Agency’s cut on forecasts for global oil demand, oil remained steady close to $43 a barrel. Upon the dollar trade being...
Tata Power’s Strong Q1 Performance Witnesses 9% Gain
Tata Power reported a 10.3% year-on-year rise in its June quarter consolidated net profit to Rs 268.10 crore, following an 8.8% jump in shares.At 12:25 pm,...
Mahindra Finance Rights Issue of Rs 3,089 Cr Subscribed 1.3 Times
The rights issue of Rs 3,089 crore by Mahindra & Mahindra Financial Services (Mahindra Finance) was subscribed approximately 1.3 times on Wednesday, with significant demand from...
Titan Reports a Net Loss of Rs 297 Crore in Q1 FY21 Results
Titan Company Ltd. has reported a net loss of Rs. 297 crore in the April-June quarter in the current fiscal year against a net profit of...
Bharti AXA to be Purchased by Insurer ICICI Lombard
Sources aware of the discussions said that Bharti AXA General Insurance Co. Ltd is in talks to be acquired by ICICI Lombard General Insurance Co. Ltd, in...
Cipla Gains 10% After a Strong Q1 Performance
Cipla Ltd’s shares have gained as much as 9.57 per cent after it posted a net profit of Rs 566.04 crore in the quarter ended June,...