Company sharply reduces employee costs and rental charges, but has to offer heavy discounts on tickets and snacks
Proforma net NPA ratio at 2.08 per cent indicates a reversal in easing of asset quality trend
Dealmakers at firms including Citigroup and JPMorgan Chase & Co were set to feast on an estimated fee pool of nearly $400 million for handling the Hong Kong portion of the sale
A stronger greenback will reduce the allure of developing-nation assets
Be it a win by President Donald Trump or Joe Biden, Asia markets are supported by positive fundamentals, Asia equities fund manager said
Robust buying in market-heavyweight Reliance Industries and IT stocks boosted the benchmarks, even as a sharp depreciation in the rupee weighed on sentiment, traders said
Increased interest because of expected short-term volatility, say brokerages
Sixty two per cent of mutual fund distributors (MFDs) reported that they saw some pause (58 per cent) or widespread pause (4 per cent) in SIPs
Upsides in the stock will depend on sustaining specialty and India sales growth
Markets regulator Sebi on Wednesday allowed unlisted Infrastructure Investment Trusts (InvITs) to raise funds through rights issue of their units
BSE Sensex gained 355 points, or 0.88 per cent to settle at 40,616 levels while NSE's Nifty ended at 11,908.50, up 90 points, or 0.8 per cent
All that happened in the markets today
In Q2FY21, consolidated EBIDTA for the quarter increased by a healthy 76 per cent to Rs 951 crore.
SBI's gross non-performing assets (GNPA) declined to Rs 1.25 trillion during September quarter
Biden has indicated raising corporate taxes and capital gains tax if voted to power.
The company's profit after tax (PAT) was up 328 per cent year-on-year (YoY) at Rs 242 crore.
Investors had initially wagered that a possible Democratic sweep by Biden could ease political risk while promising a huge boost to fiscal stimulus
For Dhiraj Bajaj, head of Asia fixed income at Lombard Odier, growing expectations of a Trump victory or a Biden win without a Democratic sweep, means the upside for emerging markets will be capped.
US stock index futures were up but off earlier highs in choppy trading, with Nasdaq futures outperforming
Foreign investors turned net buyers of Indian equities as slowing Covid-19 cases boosted hopes of a faster economic recovery, while other Asian equities faced outflows ahead of the US election