Thursday, October 22, 2020
Mumbai, Jun 2 (PTI) Domestic ratings agency Crisil on Tuesday said it expects revenue of fast moving consumer goods sector (FMCG) companies to contract by 3 per cent in 2020-21 as against its earlier expectation of a 10 per cent growth. However, companies will adopt...
New Delhi, Jun 1 (PTI) In the wake of the COVID-19 pandemic and the ongoing lockdown, the BSE on Monday said it has introduced the SIP pause facility on its mutual fund distribution platform. The option will allow members to pause their clients' systematic investment...
New Delhi, May 30 (PTI) The government's decision to allow shopping centres and malls to open from June 8 will help ease enormous pressure that the industry was facing due to the lockdown, Shopping Centres Association of India (SCAI) said on Saturday. Welcoming the steps...
Mumbai, May 29 (PTI) The country's foreign exchange reserves swelled by USD 3.005 billion to a lifetime high of USD 490.044 billion in the week to May 22, mainly on account of a rise in foreign currency assets, RBI data showed on Friday. In the...
New Delhi, May 27 (PTI) Homegrown FMCG major Dabur India Ltd on Wednesday reported a 24.19 per cent decline in consolidated net profit at Rs 281.60 crore for the fourth quarter ended March due to severe disruptions caused by COVID-19 and the subsequent lockdown. The...
Mumbai, May 27 (PTI) The BSE Sensex rallied 996 points on Wednesday, led by massive gains in banking and IT stocks ahead of the expiry of monthly derivatives amid firm overseas cues. After hitting a high of 31,660.60 during the day, the 30-share index settled...
New Delhi, May 27 (PTI) Debt-ridden Future Retail on Wednesday said its board has approved raising up to Rs 650 crore by issuing non-convertible debentures (NCDs) to pare debt. The NCDs will be issued on private placement basis in one or more tranches, Future Retail...
Mumbai, May 27 (PTI) Equity benchmark Sensex turned volatile after jumping over 200 points in early trade on Wednesday tracking mixed cues from global markets and uncertainty over the impact of easing lockdown restrictions. After touching a high of 30,825.18 in opening session, the 30-share...
New Delhi, May 26 (PTI) Shares of ITC on Tuesday gained nearly 5 per cent after the company said it will fully acquire spices manufacturer Sunrise Foods Private Ltd (SFPL). The scrip rose by 4.61 per cent to Rs 194.95 on BSE, and 4.61 per...
Mumbai, May 24 (PTI) The Multi Commodity Exchange (MCX) has updated its software system to quote and trade at minus prices, more than a month after it controversially settled crude oil contracts at a whopping negative price of Rs 2,884 a barrel. The new software...
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