[ad_1] MUMBAI: MCX, the country’s largest commodity exchange, which reported a 60 percent decrease in daily turnover after the reduction in trading hours, saw turnover more than double to nearly Rs 20 billion after the restoration from normal trading hours last week. Following the coronavirus pandemic, Sebi had reduced business …
Read More »IForIndia concert raises Rs 52 crore, Karan Johar and Bollywood stars thank fans for watching and donating – bollywood
[ad_1] Karan Johar and Zoya Akhtar’s concert at iForIndia raised a lot of money on Sunday. Karan shared the latest count on Twitter, revealing that the show has raised Rs 52 million in donations so far. Karan revealed that the broadcast collected Rs million from Rs 4.3 million from viewers …
Read More »Stock market: Investor wealth plummets Rs 5.82 crore as equity tank | India Business News
[ad_1] NEW DELHI: Investors witnessed an erosion of wealth of Rs 5.82 lakh crore in companies listed on the BSE on Monday, registering a strong sell-off in the market, with the benchmark sensex falling more than 2,002 points. The BSE barometer sank 2,002.27 points or 5.94 percent to close at …
Read More »Indian banks’ bad debt could double from Rs 9.35 crore due to coronavirus crisis: report
[ad_1] Mumbai India expects bad debt at its banks to double after the coronavirus crisis suddenly halted the economy, a senior government official and four of the top bankers told Reuters. Indian banks are already grappling with Rs 9.35 lakh rupees ($ 123 billion) of impaired loans, equivalent to approximately …
Read More »Rare lunar meteorite found in the Sahara desert, listed for Rs 18 Crore
[ad_1] Christies presents NWA 12691, a significant moon rock, among the largest known. Moon rock is among the rarest substances on Earth, with less than 650 kg of lunar meteorites known to exist. This example is the fifth largest piece of the Moon on Earth, larger than any returned by …
Read More »Center orders 11.45 crore of HCQ tablets with 2 Indian companies India News
[ad_1] NEW DELHI: India has placed urgent orders for at least 11.45 crore hydroxychloroquine (HCQ) tablets. This medication is being purchased directly by HLL Lifecare on behalf of the Union Ministry of Health. Hindustan Latex Limited (HLL) Lifecare is a government owned healthcare manufacturing company. HCQ is an antimalarial drug …
Read More »Stock market: Investor wealth jumps Rs 7.68 crore in four days of market recovery | India Business News
[ad_1] NEW DELHI: Investor wealth rose Rs 7.68 lakh crore in four days of market recovery, with the sensex rising 997 points on Thursday. Climbing for the fourth consecutive session, the 30-share BSE sensex set 997.46 points, or 3.05 percent, highest at 33,717.62. During the holiday shortened week, the sensex …
Read More »Jio fourth quarter results: net profit nearly triples to Rs 2,331 crore; ARPU at Rs 130.6
[ad_1] MUMBAI: Reliance Jio Infocomm’s net profit for the January-March quarter nearly tripled to Rs 2.331 crore, helped by rate increases that helped its average revenue per user (ARPU) for the second consecutive quarter after seven quarters of falls. The telecommunications company, led by Mukesh Ambani, said on Thursday that …
Read More »RIL Q4 Results: Profit falls 39% yoy to Rs 6,348 crore, loses street estimates
[ad_1] NEW DELHI: Reliance Industries (RIL) on Thursday reported a 38.73 percent year-on-year (year-on-year) drop in consolidated net profit of Rs 6.348 billion for the quarter ended March 31. RIL’s bottom line took a hit due to an exceptional loss of Rs 4.267 crore during the quarter. Analysts in an …
Read More »Axis Bank fourth quarter results: net loss of Rs 1,388 crore as provisions more than doubled to Rs 7,730 crore
[ad_1] New Delhi: Axis Bank posted a net loss of Rs 1,387.78 million on Tuesday for the quarter ending March 31 against a net gain of Rs 1,505.06 million in the same period last year. Analysts in an ET NOW survey had projected the number at Rs 1.9 billion rupees. …
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