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Axis Bank June Quarter Profit Falls 19% To Rs 1,112 Crore
Edited by Sandeep Singh | Tuesday July 21, 2020Axis Bank had reported a net profit of Rs 1,370.08 crore for the quarter ended June 30, 2019. -
Hindustan Unilever June Quarter Profit Rises 7% To Rs 1,881 Crore
Edited by Abhishek Vasudev | Tuesday July 21, 2020Hindustan Unilever's earnings before interest, tax, depreciation and amortization (EBITDA) or operating for the quarter was flat at Rs 2,644 crore -
Sensex, Nifty Close At New 4-Month Highs As Markets Extend Rally To Fifth Day
Edited by Sandeep Singh (with inputs from agencies) | Tuesday July 21, 2020Analysts awaited more large cap companies to report their financial results for the April-June period. -
LinkedIn Cuts 960 Jobs As Pandemic Puts Brakes On Corporate Hiring
Reuters | Tuesday July 21, 2020Jobs will be cut across sales and hiring divisions of the group globally -
Rahul Bajaj To Step Down As Chairman Of Bajaj Finance
Edited by Peter Noronha | Tuesday July 21, 2020Rahul Bajaj will step down as the chairman of Bajaj Finance on July 31, 2020, Bajaj Finance said in a regulatory filing. -
US-Based Zoom To Open Technology Centre In Bengaluru, To Begin Hiring Soon
Reuters | Tuesday July 21, 2020, New DelhiZoom Video Communications already has an office and a data centre in Mumbai and a second data centre in Bengaluru. -
Bajaj Finance June Quarter Profit Drops Over 19%, Shares Tumble
Edited by Sandeep Singh | Tuesday July 21, 2020Bajaj Finance said its revenue from operations came in at Rs 6,648.20 crore in the first quarter of current financial year. -
Britannia Shares Drop Over 2% After Hitting Record High
Edited by Sandeep Singh (with inputs from PTI) | Tuesday July 21, 2020Britannia Shares: Last week, Britannia Industries said its net profit more than doubled to Rs 545.70 crore in the quarter ended June 30. -
Glenmark Defends Price Of Its COVID-19 Drug Favipiravir Version
Reuters | Tuesday July 21, 2020Glenmark denied making any claims that "favipiravir alone" is effective in treatment of mild-to-moderate COVID-19 patients. -
Rupee Gains By 18 Paise To 74.73 Against Dollar
Edited by Sandeep Singh (with inputs from agencies) | Tuesday July 21, 2020The rupee has recovered 2.46 per cent from a record low of 76.91 logged in April, but is still down 5.13 per cent against the dollar so far in 2020. -
How To Verify Aadhaar Number Online
Edited by Sandeep Singh | Tuesday July 21, 2020The UIDAI engages with social media users from time to time to spread awareness about Aadhaar-related services. -
Netflix, Amazon, Facebook Stocks Draw In Amateur Investors From India
Nupur Acharya and Ronojoy Mazumdar, Bloomberg | Tuesday July 21, 2020Individual investors around the world have gravitated toward the stock market during pandemic lockdowns, driving a surge in new trading accounts. -
Axis Bank Zooms Over 2% Ahead Of June Quarter Earnings
Edited by Peter Noronha | Tuesday July 21, 2020Axis Bank shares strengthened by more than 2 per cent on the BSE ahead of the June quarter results to be announced later in the day. -
Hindustan Unilever Gains Nearly 1% Ahead Of June Quarter Numbers
Edited by Peter Noronha | Tuesday July 21, 2020Hindustan Unilever (HUL) shares gained nearly 1 per cent on the BSE ahead of the June quarter results slated to be announced later in the day. -
Sensex, Nifty Gain Over 1% To 19-Week Highs: 10 Things To Know
Edited by Sandeep Singh (with inputs from agencies) | Tuesday July 21, 2020Domestic stock markets rose on Tuesday, extending gains to a fifth straight day, tracking Asian equities as hopes for a COVID-19 vaccine and strong earnings momentum eclipsed fears over surging infections. The S&P BSE Sensex index jumped 1.35 per cent - or 504.39 points - to 37,923.38 at the strongest level recorded in early trade, after a gap-up opening at 37,823.61 (up 404.62 points). The broader NSE Nifty 50 benchmark climbed to as high as 11,164.45, having started the day stronger at 11,126.10 compared to its previous close of 11,022.20. Those were the best highest levels for both indices since March 5. Gains across sectors pushed the markets higher, led by banking, financial services and IT shares.
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