By: Express Web Desk | New Delhi | Updated: October 13, 2020 8:53:30 pm Chidambaram said the bottom half of families in India were again left in the cold. Calling the Minister of Finance, Nirmala Sitharaman stimulus package to boost consumer demand Another “cunning attempt to dazzle people with exaggerated …
Read More »Vedanta To Return $ 2.5 Billion Of Funding After De-Listing Plan Fails: Report
Billionaire Anil Agarwal’s commodities group will return money raised from banks and bondholders after a plan to retire its Indian unit failed. Vedanta Resources Ltd will pay $ 1.4 billion raised through bonds and another $ 1.1 billion in loans, with a small amount of interest, starting this week, according …
Read More »Aarogya Setu App: WHO Praises Aarogya Setu App, Says Helped Identify Covid-19 Clusters | India Business News
NEW DELHI: India’s Aarogya Setu mobile app has been praised by the World Health Organization (WHO) for helping health departments identify Covid-19 clusters. “India’s Aarogya Setu app has been downloaded by 150 million users and has helped city public health departments identify areas where groups can be anticipated and specifically …
Read More »How will it work? Should you go for it?
Finance Minister Nirmala Sitharaman announced on Monday an LTC cash voucher program for central government employees to boost consumption ahead of the holiday season. Employees will now be able to purchase goods and services in lieu of the tax-exempt portion of the Leave Travel Grant or Leave Travel Permits (LTC …
Read More »Wipro’s Second Quarter Results: Wipro’s Second Quarter Profit Down 3.4% to Rs 2,466 crore; Approves Rs 9.5 billion share buyback plan | India Business News
NEW DELHI: Software services exporter Wipro on Tuesday reported a 3.4 percent drop in its consolidated net profit for the second quarter (Q2) ended September 30. The Bengaluru-based company recorded a net profit of Rs 2,466 million in the period considered compared to a profit of Rs 2,553 million recorded …
Read More »Wipro’s Second Quarter Results: Net Income Decreases 3% YoY; company announces Rs 9.5 billion share buyback
NEW DELHI: Wipro posted a 3.40 percent yoy drop in consolidated net profit on Tuesday to Rs 2,465.70 crore for the quarter ended Sept. 30. It had reported a net profit of Rs 2,552.70 crore in the corresponding latest quarter. year. Analysts in an ET NOW survey had projected the …
Read More »Business News | Stock Market News
By Market capitalization.Net sales.Net profit.Total assets.Remove.Other income.Raw Materials.Energy and fuel.Employee cost.PBDIT.Interest.Tax.EPS.Investments.Several debtors.Cash / Bank.Inventory.Debt.Contingent liabilities.Screen critic AbrasivesAerospace and DefensefarmingAir conditionersairlinesAluminum and aluminum productsAmusement parks / recreation / clubAquacultureCar accessoriesAuto Accessories – Air Conditioning PartsAuto accessories: spare parts for cars, trucks and motorcyclesAutomotive Accessories – Axle ShaftsCar accessories: bearingsCar accessories: brakesAuto …
Read More »Wipro announces a buyback plan of ₹ 9,500 crore to ₹ 400 per share
The board of directors of IT services company Wipro approved today a value buyback proposal ₹9,500 crore. Wipro plans to buy 23.75 crore shares in ₹400 per capital share for a total amount not to exceed ₹9.5 billion rupees, according to the provisions contained in the regulations of the Securities …
Read More »Aarogya Setu App: WHO Praises Aarogya Setu App, Says Helped Identify Covid-19 Clusters | India Business News
NEW DELHI: India’s Aarogya Setu mobile app has been praised by the World Health Organization (WHO) for helping health departments identify Covid-19 clusters. “India’s Aarogya Setu app has been downloaded by 150 million users and has helped city public health departments identify areas where groups can be anticipated and specifically …
Read More »FM Stimulus: Spend Rs 1,18,000 to Get Rs 50,000! Dear FM, how will this stimulus work?
NEW DELHI: The latest round of stimulus announcements by Union Finance Minister Nirmala Sitharaman, aimed at boosting consumption, may not achieve the desired results, warns SBI Economic Research. And because? LTA’s cash voucher scheme, the size of which is set at Rs 28,000 crore, may be insufficient to attract much …
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