Q1FY21 results: MOIL net profit declines by 97.93 per cent YoY to Rs 1.88 crore Q1FY21 results: MOIL net profit declines by 97.93 per cent YoY to Rs 1.88 crore Ganesh V / Thursday, August 20, 2020 / Article rating: 4.5 The company reported consolidated net sales of Rs 152.33 crore in Q1FY21, which declined by 45.61 per cent YoY from Rs 280.07 crore in Q1FY20.
Q1FY21 results: Indian Overseas Bank net profit jumps 135 per cent YoY Q1FY21 results: Indian Overseas Bank net profit jumps 135 per cent YoY Chinmayee D / Thursday, August 20, 2020 / Article rating: 4.7 Net interest income (NII) stood at Rs 1412.32 crore which witnessed a growth of 9.6 per cent YoY, as against Rs 1289 crore it reported in Q1FY20.
Acrysil hits upper circuit post signing pact with IKEA Supply AG Acrysil hits upper circuit post signing pact with IKEA Supply AG Anthony Fernandes / Thursday, August 20, 2020 / Article rating: 3.9 The stock of Acrysil Limited hit its upper circuit on Thursday after the company announced that it has entered into a strategic partnership with IKEA Supply AG (Switzerland) for manufacturing and supply of composite quartz kitchen sinks for their global requirement.
Maruti Suzuki to collaborate with IIM Bangalore to promote startups Maruti Suzuki to collaborate with IIM Bangalore to promote startups Anthony Fernandes / Thursday, August 20, 2020 / Article rating: 3.9 India’s largest carmaker, Maruti Suzuki India Limited, announced on Thursday that it has entered into a partnership with Nadathur S Raghavan Centre for Entrepreneurial Learning (NSRCEL), the startup hub and incubation centre at Indian Institute of Management, Bangalore (IIMB).
Banks disburse loan worth Rs 1.5 lakh crore under ECLGS: Finance Ministry Banks disburse loan worth Rs 1.5 lakh crore under ECLGS: Finance Ministry Pratik Shastri / Thursday, August 20, 2020 / Article rating: 5.0 In the ranking for top lenders, State Bank of India (SBI), Canara Bank, Punjab National Bank (PNB), Bank of India, Union Bank of India, and HDFC Bank stood as leaders.
Infosys launches ‘Infosys Cobalt to accelerate cloud journey Infosys launches ‘Infosys Cobalt to accelerate cloud journey Rishikesh Gaikwad / Thursday, August 20, 2020 / Article rating: 3.0 Infosys Ltd launched Infosys Cobalt, a set of services, solutions, & platforms that acts as a force multiplier for cloud-powered enterprise transformation on Thursday.
Cipla and Stempeutics Research collaborate for Stempeucel launch Cipla and Stempeutics Research collaborate for Stempeucel launch Rishikesh Gaikwad / Thursday, August 20, 2020 / Article rating: 1.8 Cipla Limited announced on Thursday that its partner, Stempeutics Research Pvt Ltd has received regulatory approval by Drug Controller General of India (DCGI) for the launch of Stempeucel® in India.
Sensex, Nifty tank; Power stocks rally, NHPC jumps by more than 12 per cent, Aarti Drugs zooms by nearly 20 per cent Sensex, Nifty tank; Power stocks rally, NHPC jumps by more than 12 per cent, Aarti Drugs zooms by nearly 20 per cent Geyatee Deshpande / Thursday, August 20, 2020 / Article rating: 3.9 Affected by the weak global cues, Sensex on Thursday slid by 394.40 points or 1.02 per cent to close at 38220.39 levels. Nifty slipped by 96.20 points or 0.84 per cent to close at 11312.20 levels, whereas the India VIX stood at 20.62 jumping 3.31 per cent.
Q1FY21 results: Sheela Foam net profit plunges 70 per cent YoY to Rs 11.8 crore Q1FY21 results: Sheela Foam net profit plunges 70 per cent YoY to Rs 11.8 crore Chinmayee D / Thursday, August 20, 2020 / Article rating: 4.3 The consolidated net sales reported in Q1FY21 came in at Rs 268.97 crore, which declined by 47.7 per cent YoY from Rs 514.24 crore in Q1FY20.
Stocks witnessing selling pressure in July 2020 Stocks witnessing selling pressure in July 2020 Henil Shah / Thursday, August 20, 2020 / Article rating: 4.6 As every coin has a flip side, mutual funds are no different in that sense. Fund managers not only buy but also sell. It becomes equally important to know what they are selling. So, let’s find out.