Thursday, October 22, 2020
New Delhi, Apr 9 (PTI) FMCG major Marico said its January-March quarter EBITDA may see "modest decline" following disruptions on account of Covid-19 pandemic and associated lockdowns. During the lockdown period, there was a spike in the sales of its cooking oil brand Saffola as...
New Delhi, Apr 8 (PTI) India Inc has sought an economic package from the Centre to tide over the impact of the coronavirus outbreak and support small and medium businesses to keep their enterprises afloat while catering to the needs of the poor and informal sector workers.
Mumbai, Apr 6 (PTI) Private sector lender Kotak Mahindra Bank on Monday reported a healthy jump in deposit base for the March quarter, and announced a reduction in savings account rates for high value customers. The bank witnessed an 11.7 per cent rise in...
New Delhi, Apr 6 (PTI) Fitch Ratings on Monday said it has downgraded ratings of Vedanta Group firm Cairn India Holdings Ltd's rating as a drop in oil prices will hurt earnings of the company. Fitch downgraded the Long-Term Issuer Default Rating (IDR) of...
New Delhi, Apr 5 (PTI) With multi-pronged strategies in place for IL&FS resolution, the government expects "substantial recovery" against the group's Rs 94,000 crore external debt and the recovered amount could be much more than the sum realised under the insolvency law so far. Apart...
New Delhi, Apr 5 (PTI) The coronavirus outbreak and the subsequent country-wide lockdown has deeply impacted India's economy, with a majority of the firms expecting a significant decline in revenues, falling demand and job losses, according to a CII CEOs Snap Poll. The online survey...
Mumbai, Apr 4 (PTI) Domestic cement demand is likely to affect adversely due to the lockdown to control coronavirus infection and would recover only in the second half (H2) of 2020-21 post the monsoon season, according to a report. While production, as well as offtake,...
New Delhi, Apr 4 (PTI) A 9-minute lights-out by most of households on Sunday evening can potentially collapse the grid due to sudden drop and then a quick surge after the event. But to manage the dramatic changes in electricity and its impact on the...
New Delhi, Apr 4 (PTI) State load dispatch centres and transmission utilities are gearing up to deal with the possibility of any adverse impact on the electricity grid on Sunday following the Prime Minister's blackout appeal. Prime Minister Narendra Modi on Friday urged people to...
Rare sight these days, Ruchi Soya stock has zoomed by a magical figure of 5661 times from its low of 3.35 on 13 Nov 2019. On Friday stock closed at 189.65 on NSE. Since then it has consistently shown a buying trend with a rising price.
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