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Bidding For Air India To Be Done On Enterprise Value, Says Hardeep Singh Puri
Press Trust of India | Thursday October 29, 2020Enterprise value of a company includes the equity value, debt as well as cash with the company. Equity value measures the value of a company's shares. -
India's September Infrastructure Output Contracts 0.8%
Reuters | Thursday October 29, 2020Infrastructure output, which comprises eight sectors including coal, crude oil and electricity and accounts for nearly 40% of industrial output. -
Gold Prices Hold Steady, Track Dollar As US Election Caution Kicks In
Reuters | Thursday October 29, 2020The dollar index held close to a one-week peak scaled in the previous session, benefiting from safe-haven inflows as Germany and France imposed fresh lockdowns to stem a second coronavirus wave. -
Festival Shopping Could Lead To Recovery In India Gold Demand: World Gold Council
Reuters | Thursday October 29, 2020, MumbaiWhile overall gold consumption fell, demand for coins and bars, known as investment demand, jumped 51 per cent in the third quarter as rising prices attracted investors, the WGC said. -
Core Sector Production Contracts 0.8% In September
Reuters | Thursday October 29, 2020, New DelhiInfrastructure output comprises eight sectors including coal, crude oil and electricity and accounts for nearly 40 per cent of industrial output. -
Geojit Financial Services Partners US-Based Stockal To Launch Global Investment Platform
Edited by Sandeep Singh | Thursday October 29, 2020Geojit Financial Services Launches AI-Powered Global Investment Platform: Geojit Financial Services said the platform will initially provide services for the US markets, and the company it will add other key global markets soon. -
IndiGo Posts Record Quarterly Loss Of Rs 1,195 Crore On Pandemic Hit
Edited by Abhishek Vasudev (with inputs from Reuters) | Thursday October 29, 2020IndiGo, which dominates the domestic market, said its total debt as of September stood at Rs 25,419.4 crore, up 28 per cent from last year. -
Sensex, Nifty Decline For Second Straight Session; L&T Top Loser
Edited by Abhishek Vasudev | Thursday October 29, 2020Mid- and small-cap shares also faced selling pressure as Nifty Midcap 100 index declined 0.43 per cent and Nifty Smallcap 100 dropped nearly 1 per cent. -
Maruti Suzuki Quarterly Profit Rises As Buyers Return
Reuters | Thursday October 29, 2020India's largest automaker by market capitalization reported a net profit of Rs 1,372 crore for the three months ended September 30. -
Maruti Suzuki September Quarter Profit Rises 1% As Demand Picks Up
Edited by Abhishek Vasudev | Thursday October 29, 2020Maruti Suzuki reported net profit ofRs 1,371.60 crore in July-September period, marking a gain of nearly 1%. -
Gold Price Today: Domestic Gold Futures Gain To Rs 50,600 Level On Safe-Haven Buying
Edited by Sandeep Singh (with inputs from agencies) | Thursday October 29, 2020Gold Price In India Today: Domestic spot gold closed at Rs 51,238 per 10 grams excluding GST, according to the Mumbai-based India Bullion and Jewellers Association (IBJA). -
L&T Shares Fall 5% After Earnings Announcement
Edited by Sandeep Singh | Thursday October 29, 2020At 10:37 am, Larsen & Toubro shares traded 4.29 per cent lower at Rs 941.50 apiece on the BSE, underperforming the benchmark S&P BSE Sensex index which was down 0.55 per cent. -
Axis Bank Jumps 1% On Turnaround Q2 Earnings, Better Asset Quality
Edited by Peter Noronha | Thursday October 29, 2020Axis Bank Net Profit: Axis Bank reported a net profit of Rs 1,682.67 crore in the quarter ended September 2020 as against a net loss of Rs 112.08 crore in the corresponding period a year ago. -
Sensex Ends 173 Points Lower As Markets Extend Losses To Second Day
Edited by Sandeep Singh (with inputs from agencies) | Thursday October 29, 2020Share Market Latest Updates: The session was highly volatile as investors rushed to settle their positions ahead of the expiry of monthly derivatives contracts by the end of the session. -
Sensex, Nifty Fall On Weak Earnings, COVID-19-Led Global Pessimism
Reuters | Thursday October 29, 2020, BengaluruThe domestic market was also pressured by concerns over the global economic recovery as Germany and France imposed new restrictions to contain a second wave of virus infections.
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