The measures will lower credit cost to some extent, but analysts are sceptical of asset quality of such loans
The company said the matter pertains to the issue of debentures with convertible warrants two decades ago
Under IA Regulations, Sebi can recognise any body or body corporate for the purpose of regulating IAs
The individuals who have been penalised are V K Sukumaran, Saritha Sukumaran, Piyush Kothari, Mohammed Azhar Khan, Mehul Modi and Nelesh Devendra Vora
Infosys, HDFC Bank, TCS, and ICICI Bank were the major contributors to the Sensex's gains
All that happened in the markets today
The RBI will constitute an Expert Committee which shall make recommendations on the required financial parameters, along with the sector specific benchmark, to be factored into debt resolution plans
Interest rate sensitive stocks traded in a narrow range. Realty stocks, however, bucked the trend with the Nifty Realty index rallying over 1 per cent post the development.
The repo rate call was a tough one to take considering that inflation is high and at the upper level of the band
The company's revenue for the quarter under review came in at Rs 915 crore, up 17.7 per cent YoY.
The upgrade reflects EIIL's improved liquidity position aided by deleveraging in 2HFY20, coupled with sustained profitability in FY20, India Ratings said in a press release
NIIT Ltd had divested its shareholding in NIIT Technologies last year. The revenue remained flat at Rs 201.8 crore in the April-June 2020 quarter from the year-ago period
The tyre maker had reported a net profit of Rs 142 crore in the April-June last fiscal.
Alkem Laboratories has launched Favipiravir under the brand name 'Alfluenza' in India for the management of mild to moderate cases of Covid-19
Adani Gas said piped natural gas home connections increased to 4.38 lakh (979 new connections in Q1 FY21). Commercial and industrial connections increased to 4,448 during the period under review
The floor price is at a 3.5 per cent premium of Wednesday's close price. The company will use part of fresh capital for funding inorganic opportunities and investments in existing group businesses.
This pattern signals a bearish sentiment and one should be cautious once this pattern is visible on the charts.
We can witness short-covering move along with the addition of fresh position only if the Nifty breaches 11,200 level.
According to Bank of America Merrill Lynch, the central bank may opt for a 25 basis point cut in the repo rate
While India business disappointed, lower expenses helped margins