RS 20 NOTE
RBI to buy, sell GSecs worth Rs 25,000 crore
The auction will be conducted on January 20 with settlement the next day.
Amid budget crunch, Navy to scrap Rs 20,000 crore tender
Defence ministry sources say the Navy is the first among the armed forces to finalis...
SC allows Karti Chidambaram to withdraw Rs 20 crore deposited for travelling abroad
When the matter came up for hearing before a bench headed...
JSPL reports a 45% drop in net profit in Q3FY20
On a consolidated basis, JSPL reported a net loss of Rs 219 crore in Q3FY20 against a net loss of Rs 87 crore in the same period last year. Consolidated turnover went down to Rs 9,300 crore during the quarter against a turnover of Rs 9,566 crore in the previous corresponding quarter.
Goddess Lakshmi on currency notes can improve Rupee value: Subramanian Swamy
While answering a question about an image of God Ganesha on the Indonesian currency, the BJP leader said, "I am in favour of placing the image of goddess Lakshmi on Rs 10,000 currency notes. Lord Ganesha removes obstacles. Indonesia has also recovered from the crisis by placing the idol of Ganesha on its currency notes."
France turns new gateway for Indian derivatives play
This is mainly for p-notes bought against a derivative trade in India.
Lenders may net Rs 20,000 crore: Jio, UV Asset Recast Co top bidders for RCom assets
Bankers have named Jio as the preferred bidder for the tower and fibre assets housed in Reliance Infratel, while UVARCL will acquire the spectrum of RCom and its subsidiary Reliance Telecom. The combined offer from UVARCL and Jio is higher than the offer from Bharti Airtel — which had an NPV of Rs 8,500 crore.
18-month trade dispute has not yet ended: Seth R Freeman, GlassRatner Advisory
It is important to point out that this is only Phase I of the agreement and Secretary Mnuchin is already talking about Phase II.
LTTS net profit rises 10% to Rs 204 crore in Q3
The total headcount at the end of the quarter was 16,787.
Reliance Jio Q3 profit surges 62% to Rs 1,350 crore; Arpu falls to Rs 128.4
Total capitalisation of Jio Platforms stood at Rs 1,70,000 crore, Reliance said in a regulatory filing.
Vu grows television sales in India in FY20, open to selling stake
Vu has also exited the basic television range in India. However, Saraf said by value the company will either hold onto its 2018-19 revenue of Rs 1,000 crore or may report slight grow since television prices have dropped last year across the range due to drop in global panel prices.
6 of top-10 most valued firms add Rs 62,773 crore in market cap; HUL, RIL show the way
HUL's valuation zoomed by Rs 22,827.94 crore to Rs 4,45,778.10 crore, topping the gainers' chart.
TCS Q3 results: Profit growth flat at Rs 8,118 crore; firm announces Rs 5 dividend
In constant currency terms, TCS' revenue grew 6.8%, while operating margin came in at 25%.
Tax-saving guide for FY 2019-20
In our hurry to complete the tax-saving exercise before the end of the financial year, we end up making expensive mistakes. Here is a handy guide to set you on the right path.
SPS Steels Rolling Mills looks at a profit before tax of Rs 25 crore in 2019-20
The company had posted losses to the tune of Rs 5 crore in the financial year 2018-19. The turnover of SPS, is also tipped to nearly double to around Rs 900 crore in the financial year 2019-20 from Rs 480 crore after its takeover by the Shakambhari Group.
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