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IndiGo To Raise At Least Rs 2,000 Crore Via Leaseback Of Planes, Other Assets
Reuters | Wednesday July 29, 2020IndiGo reported a net loss of Rs 2,849 crore in June quarter compared with a Rs 1,200 crore profit a year earlier -
Bharti Airtel Loss Widens To Rs 15,933 Crore In June Quarter
Edited by Abhishek Vasudev | Wednesday July 29, 2020Bharti Airtel's revenue from operations rose 15.4 per cent to Rs 23,938.7 crore from Rs 20,737.9 crore in the corresponding period year ago. -
Reliance Industries Falls Most In Over 2 Months A Day Ahead Of Earnings
Edited by Abhik Deb | Wednesday July 29, 2020In intra-day trading, Reliance's shares went down by as much as 4.88 per cent to hit the day-low of Rs 2,071 -
SpiceJet Reports Rs 807 Crore Loss In March Quarter
Edited by Sandeep Singh | Wednesday July 29, 2020SpiceJet said its total income came in at Rs 3,057.34 crore in the fourth quarter of financial year 2019-20. -
IndiGo Posts Quarterly Loss Of Rs 2,849 Crore As Pandemic Grounds Planes
Edited by Abhishek Vasudev (with inputs from Reuters) | Wednesday July 29, 2020The company clocked a net loss of Rs 2,849 crore for the first quarter ended June 30, compared with a profit of Rs 1,200 crore a year earlier. -
India Risks "Japanification": Viral Acharya, Ex-RBI Deputy Governor
Anirban Nag, Bloomberg | Wednesday July 29, 2020The government has infused Rs 2.6 lakh crore ($34.7 billion) into state-run banks in the last three financial years, more than double that in the previous nine years, but there is no provision for capital infusion in the budget this year. -
How Coronavirus Is Causing Debts To Soar And Crushing Credit Ratings
Reuters | Wednesday July 29, 2020Energy and oil companies, retailers, airlines, travel and leisure, banks and capital goods firms have been hit the worst -
Sensex Ends 422 Points Lower Amid Selling Pressure In Energy, Auto Stocks
Edited by Abhishek Vasudev | Wednesday July 29, 2020Six of 11 sector gauges compiled by the National Stock Exchange ended lower led by the Nifty Auto index's 1.2 per cent decline. -
Sensex Slumps Over 500 Points As Reliance Industries, HDFC Bank Drag
Written by Abhishek Vasudev | Wednesday July 29, 2020Weakness in Reliance Industries, HDFC Bank, Tata Consultancy Services, Infosys, HDFC and HCL Technologies wiped off over 400 points from the Sensex. -
Maruti Suzuki Reports First Quarterly Loss In 17 Years: 10 Things To Know
Edited by Sandeep Singh (with inputs from Reuters) | Wednesday July 29, 2020Maruti Suzuki India, the country's largest carmaker by market share, on Wednesday reported a net loss of Rs 249.4 crore for the April-June period - its first quarterly loss in at least 15 years. A nationwide lockdown to curb the spread of COVID-19 during the quarter hurt sales at the country's top-selling carmaker. The company, which had posted a net profit of Rs 1,435.5 crore for the corresponding period a year ago, said the net loss was partially offset by lower operating expenses and higher fair-value gain on the invested surplus. -
India's Growth Outlook Gets Gloomier, Recovery Path In Doubt: Economists' Poll
Reuters | Wednesday July 29, 2020In the quarter just gone by, the economy is forecast to have shrunk 20 per cent -
Dr Reddy's Laboratories June Quarter Profit Declines 13% To Rs 579 Crore
Edited by Abhishek Vasudev | Wednesday July 29, 2020Dr Reddy's Laboratories said its revenue from North America rose 6 per cent to Rs 1,730 crore, driven by contribution from new product launches. -
Hetero Labs Wins Approval To Sell COVID-19 Drug Favipiravir
Reuters | Wednesday July 29, 2020The drug, priced at Rs 59 per tablet, is approved to treat mild to moderate COVID-19 -
Domestic Silver Futures Edge Higher, Hover Near Rs 65,300 Mark
Edited by Sandeep Singh (with inputs from Reuters) | Wednesday July 29, 2020Silver Price Today: For the September 4 contract, the average silver price currently stands at Rs 66,340.46, as against Rs 64,982.62 on Monday. -
Gold Price Today: Domestic Gold Futures Turn Flat After Scaling New Record Peak
Edited by Sandeep Singh (with inputs from Reuters) | Wednesday July 29, 2020Gold Price Today: At 11:24 am, the Multi Commodity Exchange (MCX) gold futures traded with a loss of Rs 36 - or 0.07 per cent - at Rs 52,555.
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