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Tech Mahindra Gains Nearly 6% On Jump In June Quarter Earniings
Edited by Peter Noronha | Tuesday July 28, 2020Tech Mahindra reported a net profit of Rs 972.3 crore for the April-June period, marking a gain of 20.95 per cent compared to the previous quarter. -
Sensex Gains Over 200 Points, Nifty Near 11,200 Amid Buying Across Sectors
Edited by Sandeep Singh (with inputs from agencies) | Tuesday July 28, 2020Analysts awaited more financial results from companies to assess near-term cues for the markets. -
All You Need To Know About Latest Silver Prices
Edited by Sandeep Singh (with inputs from Reuters) | Tuesday July 28, 2020The MCX silver futures, which are due for a delivery on September 4, finished the session with a gain of Rs 4,517 - or 7.38 per cent - at Rs 65,740. Last Friday, the MCX silver futures had risen to settle at Rs 61,223. -
No Change In Petrol, Diesel Prices Across Metros On Tuesday
Edited by Peter Noronha | Tuesday July 28, 2020State-run oil marketing companies, including Indian Oil Corporation, left the prices of petrol and diesel unchanged across the metros on Tuesday. -
Sensex, Nifty Likely To Have A Strong Opening
Edited by Peter Noronha (with inputs from agencies) | Tuesday July 28, 2020The domestic stock markets are likely to open in the green, following two successive days of losses, following strength in global markets and positive indications from SGX Nifty. -
Indigo Cuts Up To 35% Pay Of Senior Staff As It Reworks "Best-Laid Plans"
Edited by Abhik Deb (with inputs from agencies) | Monday July 27, 2020From May onward, IndiGo had already implemented pay cuts of up to 25 per cent for its senior employees. -
SpiceJet To Operate First Long Haul Flight To Amsterdam On August 1
Edited by Abhik Deb (with inputs from agencies) | Monday July 27, 2020SpiceJet was last week designated as "Indian scheduled carrier" to operate flight services to the UK and US from India -
Tech Mahindra June Quarter Profit Jumps 21% To Rs 972 Crore
Edited by Sandeep Singh | Monday July 27, 2020Tech Mahindra's total revenue from operations declined 4.05 per cent to Rs 9,106.3 crore in the quarter ended June 30. -
Sovereign Gold Bonds Subscription Window To Open Next Week. Should You Buy?
Edited by Sandeep Singh (with inputs from agencies) | Monday July 27, 2020Subscription for Series V of the government's Sovereign Gold Bond (SGB) programme will open next week. After the fifth tranche, subscription under which will be be available for five days from August 3 to August 7, the gold bonds will be available for the last time this year, from August 31 to September 4. Domestic gold prices surged to an all-time high on Monday, tracking global rates as uncertainty around the rising COVID-19 cases both within the country and abroad, and worsening ties between the US and China. -
Gold Price Today: Domestic Gold Futures Soar To All-Time High Of Rs 52,220 As Global Rates Spike
Edited by Sandeep Singh (with inputs from agencies) | Monday July 27, 2020Gold, Silver Rate Today: The price of gold jewellery stood at Rs 52,135 per 10 grams and that of silver jewellery at Rs 63.860 per kilogram, according to Mumbai-based industry body IBJA. -
Spot Gold Touches New Record High As US-China Tensions Boost Safe-Have Appeal
Reuters | Monday July 27, 2020Spot gold rose 1.7% to $1,934.06 per ounce, after hitting a record high of $1,943.93 per ounce. -
Aditya Puri Sells HDFC Bank Shares Worth Rs 843 Crore
Edited by Abhishek Vasudev | Monday July 27, 2020Aditya Puri sold 74.20 lakh shares of HDFC Bank for a total consideration of Rs 842.73 crore. -
Moody's Downgrades Rolls-Royce To Junk Status, Says Aviation Market Could Be Hit Further
Reuters | Monday July 27, 2020, LondonCEO Warren East told reporters on Thursday Rolls-Royce was examining options to strengthen its balance sheet but had not made any decisions. -
Sensex, Nifty Decline For Second Straight Session Dragged By Banks
Written by Abhishek Vasudev | Monday July 27, 2020Banking shares fell after the RBI warned that bad loan ratio in banking system could rise to at least 12.5% by March 2021, from 8.5% in March 2020. -
RBI Governor Makes Case For Push In Infrastructure Sector To Boost Growth
Edited by Abhik Deb (with inputs from agencies) | Monday July 27, 2020The RBI governor said the country needs $4.5 trillion for investment in Infrastructure by 2030
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