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Bajaj Finance June Quarter Profit Drops Over 19%, Shares Fall 2%
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. -
Petrol, Diesel Prices Remain Unchanged Across Metros
Edited by Peter Noronha | Tuesday July 21, 2020State-run oil marketing companies, including Indian Oil Corporation, kept the prices of petrol and diesel unchanged across the metros on Tuesday. -
New Rules For E-Tailers To Come Into Force By End Of Week: Ram Vilas Paswan
Press Trust of India | Tuesday July 21, 2020, New DelhiThe ''Consumer Protection (E-Commerce) Rules, 2020'' will be applicable to all electronic retailers (e-tailers) registered in India or abroad, Union minister Ram Vilas Paswan said. -
Sensex, Nifty Set To Have A Strong Opening
Edited by Peter Noronha (with inputs from agencies) | Tuesday July 21, 2020The domestic markets are likely to open on a positive note, extending their recent rally into a fifth trading session, tracking global cues after promising trial results from potential COVID-19 vaccines. -
IndiGo To Lay Off 10% Staff. Read CEO Ronojoy Dutta's Full Statement Here
Edited by Abhishek Vasudev | Monday July 20, 2020IndiGo will lay off 10 per cent of its staff, the airline said on Monday, saying that the coronavirus pandemic has forced it to re-evaluate its "best-laid plans". -
10% Layoffs At IndiGo, India's Biggest Private Airline
Reported by Vishnu Som, Edited by Sandeep Singh (with inputs from agencies) | Monday July 20, 2020IndiGo will lay off 10 per cent of its staff as the coronavirus pandemic has forced it to re-evaluate its "best-laid plans", the airline's CEO Ronojoy Dutta, said on Monday. IndiGo had "understood the gravity of the situation right at the start of this crisis", he said, as the the country's largest carrier grapples with declining revenues due to the fallout from the COVID-19 pandemic. The layoffs at IndiGo come amid months of restrictions imposed by the government to curb the coronavirus outbreak, which has affected the civil aviation industry, hurt crude oil prices and forced businesses across industries to trim operations. Gurugram-based IndiGo - owned and operated by InterGlobe Aviation - had 23,531 employees on its payroll at the end of March 2019. -
COVID-19 Crisis: New Rules For Financial Planning In A New World
Anup Seth | Monday July 20, 2020The data being reported from all quarters, especially on unemployment, is inducing more panic and underlining the need for updating financial planning practices to stay protected from any uncertainties.
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