Dow Jones dips at open on virus fears, US-China tensions
The Dow Jones Industrial Average fell 83.37 points, or 0.33%, at the open to 25,512.43. – Stocks-Markets-Economic Times
Month: June 2020
RITES Q4 results: Consolidated profit down 4% at Rs 143.93 crore
The railways consultancy firm had posted a consolidated profit of Rs 150.38 crore in the corresponding quarter of previous fiscal, it said in a regulatory filing to the BSE. … Read More
Eight core industries’ output contracts 23.4% in May
Barring fertiliser, all seven sectors — coal, crude oil, natural gas, refinery products, steel, cement, and electricity — had recorded negative growth in May. – The Hindu – Industry
Eight core industries’ output contracts 23.4% in May
Barring fertiliser, all seven sectors — coal, crude oil, natural gas, refinery products, steel, cement, and electricity — had recorded negative growth in May. – The Hindu – Economy
Vistara Announces 5-20% Pay Cut For 40% Employees Till December
Aviation sector has been hit hard by the pandemic and all airlines in India have resorted to cost-cutting measures like pay cuts to survive the crisis. – NDTV Profit … Read More
Tata Steel expects recovery in the second half of the fiscal
Given the subdued domestic demand, the company has increased exports. – Stocks-Markets-Economic Times
ONGC Q4 results: Reports standalone net loss of Rs 3,098 crore on impairment loss of Rs 4,899 crore
It had posted a net profit of Rs 4,239.50 crore in the corresponding quarter last year. – Stocks-Markets-Economic Times
Indian banks set aside Rs 13,653 crore in Covid-19 provisioning
According to SBI Research, 35-40% of loan portfolio of banks on average is under moratorium. – Stocks-Markets-Economic Times
Market movers: OMCs fall, index heavyweights weigh, 197 stocks flash ‘sell’
Here is a lowdown on what happened in Tuesday’s session. – Stocks-Markets-Economic Times
BGR Energy Systems Q4 results: Report Rs 4.71 crore loss
Total income dropped to Rs 320.32 crore in the quarter from Rs 1,012.98 crore in same period last year. – Stocks-Markets-Economic Times