Even when the government has agreed to the RS 1.64-Lakh-Crore RS Raunch Package for BSNL, the results in increasing the company are expected to be seen in the next two years. The package will be in the form of cash and non-cash components. BSNL has faced profitability problems apart from operational and debt problems. This […]
M&M Finance posts net profit of Rs 240 c
Mahindra & Mahindra Financial Services on Thursday reported a consolidated net profit of RS 240 Crore for the June quarter assisted by a decrease in costs and higher income from business operations. The company has posted a net loss of 1,573.40 Crore Rs in April-June 2021-22. Loss in last year’s period was due to the […]
Sensex Jumps 712 pts, Nifty Settles Abov...
Sensex Today: Indian equity market settled near the highest that day on Friday when investors licked metal and shared, along with heavyweight indexes such as Reliance Industries, HDFC Twins, Sun Pharma, and Bajaj Finance. S&P BSE Sensex jumped 712 points, or 1.25 percent, to end at 57,570, while the NIFTY50 -closed shop at 17,158, up […]
Bajaj Finserv records 57% surge in Q1 pr...
Bajaj Finserv on July 28 said that the consolidated net profit for the quarter ended in June rose 57 percent to 1,309 Crore from RS 833 Crore a year ago. Revenue from the operation during the quarter advanced 14 percent of the year-year to 15,888 Crore Rs, up from RS 13,949 Crore. The Board of […]
Paytm CEO Vijay Shekhar Sharma seeks to ...
Paytm is a poster boy for Indian technology startup, only losing two -thirds of its value since IPO and has become a symbol of industrial accidents. Now its founder promises a sharp focus on financial performance to convince investors about company prospects who lose money. Digital payment providers will become India’s first internet company to […]
Petrol, Diesel Price Announced Today: Ch...
Gasoline and diesel prices remain stable on July 29. The tariff remains unchanged since the center trimmed customs in gasoline and diesel on May 21. While the price of gasoline is reduced by RS 8 per liter, diesel prices fall by RS 6 per liter in this country. In Maharashtra, the price of fuel was […]