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Tata Motors Loss Widens In September Quarter As Virus Saps Demand
Agence France-Presse | Wednesday October 28, 2020The Mumbai-headquartered company, which owns British luxury brand Jaguar Land Rover (JLR), announced a consolidated net loss of Rs 314 crore ($42.61 million) for the quarter ending September 30 against a loss of Rs 217 crore a year earlier. -
Petrol, Diesel Prices Steady On Wednesday
Edited by Peter Noronha | Wednesday October 28, 2020In Delhi, the price of petrol remained at Rs81.06 per litre and diesel at Rs 70.46 per litre on October 27. InMumbai, petrol and diesel rates were Rs 87.74 per litre and Rs 76.86 per litrerespectively. -
Sensex, Nifty Likely To Open Lower
Edited by Peter Noronha (with inputs from agencies) | Wednesday October 28, 2020The domestic stock markets are likely to open in the red, post the 1 per cent gains in the previous trading session,going by muted cues from Asia and a shaky start in Singapore Nifty trading. -
Here Is How To Withdraw Provident Fund (PF) Online
Edited by Abhishek | Tuesday October 27, 2020The government in March allowed provident fund subscribers to withdraw non-refundable advance from their corpus to deal with economic fallout of coronavirus (COVID-19) pandemic. -
Economy Reviving, But GDP Growth To Be Negative Or Near Zero: Finance Minister
Press Trust of India | Tuesday October 27, 2020Ms Sitharaman further said recent data indicates revival in the economy, with PMI number being the highest since 2012. -
Almost 200 European Airports Face Insolvency, Says Airports Body
Reuters | Tuesday October 27, 2020Data from ACI showed passenger traffic at European airports decreased 73% year-on-year in September, with 172.5 million passengers lost. -
Consumer Demand Picking Up During Festival Season: Nirmala Sitharaman
Reuters | Tuesday October 27, 2020India's factory activity expanded at its fastest pace in over eight years in September, a survey compiled by His Markit showed. -
RBI Asks Lenders To Implement Waiver Of Interest On Interest Scheme By November 5
Press Trust of India | Tuesday October 27, 2020Housing loans, education loans, credit card dues, auto loans, MSME loans, consumer durable loans and consumption loans are covered under the scheme. -
Lockdown, WFH Effect: Bharti Airtel Posts Highest-Ever Quarterly Revenue
Edited by Sandeep Singh (with inputs from agencies) | Tuesday October 27, 2020Billionaire Sunil Mittal-led Bharti Airtel on Tuesday reported a revenue of Rs 25,785 crore in the July-September period - its highest ever in a quarter, boosted by higher tariffs and a rise in data usage from a coronavirus-fuelled shift to remote working. The jump in revenue for Bharti Airtel comes at a time when the country's telecom sector is grappling with low tariffs due to a price war that ensued after billionaire Mukesh Ambani's Reliance Jio entered the space. -
Sensex Surges 377 Points, Nifty Settles Near 11,900 Led By Kotak Mahindra Bank
Edited by Abhishek Vasudev | Tuesday October 27, 2020Eight of 11 sector gauges compiled by the National Stock Exchange ended higher led by the Nifty Private Bank index's over 3 per cent gain. -
France's Total Aims To Expand India Renewable Portfolio
Reuters | Tuesday October 27, 2020, LondonTotal CEO Patrick Pouyanne said that retail fuel demand in Europe was "good" and almost at pre-pandemic levels in the third quarter of the year. -
Future Retail Sees Liquidation If Reliance Industries Deal Fails: Report
Reuters | Tuesday October 27, 2020, New DelhiAmazon alleged Future Retail had breached certain contract provisions it entered into last year in a separate deal with the US firm. -
RBI, Facing A "Trilemma", Chooses To Let Rupee Strengthen
Anirban Nag, Bloomberg | Tuesday October 27, 2020The RBI's challenge differs from most peers as it's also tasked with managing the government's mammoth borrowing and overseeing the nation's bad-debt-ridden banks. -
Wave Of New COVID-19 Cases Crashes Across US, Europe
Reuters | Tuesday October 27, 2020, MILAN/CHICAGOUS stocks had their worst day in four weeks over the double whammy of record coronavirus cases and political deadlock in negotiations to provide more economic aid. -
Angel Broking Soars 20% On Reporting Highest Ever Quarterly Profit
Edited by Peter Noronha | Tuesday October 27, 2020The retail broking house reported profit of Rs 74.47 crore in the September 2020 quarter, a 47.3 per cent rise compared to Rs 48.3 crore in the June quarter.
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