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According to data available on the power ministry’s Praapti Portal, as of September 2019, the outstanding payments of distribution companies to power plants totalled Rs 83,588 crore. Of this, the … Read More
Edelweiss has upgraded Tata Motors to buy as it believes the company’s rising capex and falling profits phase is reversing. – Stocks-Markets-Economic Times
The policy-setting Federal Open Market Committee left the benchmark interest rate steady in the target range of 1.5-1.75%, as expected, at the end of its two-day meeting. – The … Read More
US Fed was unanimous in keeping overnight lending rate in a range of 1.50% to 1.75%. – Stocks-Markets-Economic Times
The European Parliament overwhelmingly approved Britain’s departure terms from the EU – the final major decision in the four-year Brexit saga. The vote was 621 to 49 in favor of … Read More
Total income during the quarter stood at Rs 2,801.57 crore, down 2%. – Stocks-Markets-Economic Times
Revenue from operations stood at Rs 843.16 crore compared with Rs 979.73 crore. – Stocks-Markets-Economic Times
Total income was up 50 per cent at Rs 2,113 crore. – Stocks-Markets-Economic Times
The company’s margin expanded by 64 basis points to 6.07%. – Stocks-Markets-Economic Times
The company has presence across India, South Africa, Namibia, Australia and Ireland. – Stocks-Markets-Economic Times