Google Parent Alphabet’s Profit Drops 30% As COVID-19 Hits Ad Market
Profit slumped some 30 per cent to $6.96 billion from a year for the online giant that relies on digital advertising for most of its income. – NDTV Profit … Read More
Month: July 2020
SGX Nifty up 40 points; here’s what changed for market while you were sleeping
Nifty futures on the Singapore Exchange traded 38 points, or 0.34 per cent higher at 11,139, in signs that Dalal Street was headed for a positive start on Friday. … Read More
Board Meetings Today: SBI, Sun Pharma, IOC, Tata Motors, UPL and UCO Bank
Dr Pathlabs, Tata Chemicals, JSW Energy, Ujjivan SFB and Godrej Agrovet are among companies which will declare June quarter results on Friday. – Stocks-Markets-Economic Times
Minus BP deal, RIL Q1 profit would shrink 41%
Net profit excluding the exceptional item in the April-June quarter was Rs 8,282 crore, 18 per cent more than street expectations but down from Rs 10,141 crore a year ago … Read More
Apple announces 4-1 stock split after shares surge toward $400
The move bucks a trend among big U.S. tech companies that have mostly refused to split their shares, resulting in sky-high prices. Alphabet Inc. stock costs more than $1,500, and … Read More
Stocks in the news: RIL, SBI, Tata Motors, HDFC, Sun Pharma, IOC and Lakshmi Vilas Bank
JSW Energy, Ujjivan SFB and Godrej Agrovet are among companies which will declare June quarter results on Friday. – Stocks-Markets-Economic Times
Recovery signs visible, improvement will happen if lockdowns end: Parekh
“Signs of the wheels of the economy beginning to churn are evident from the following facts: unemployment rates have tapered down from their peaks in May, e-toll collections are higher, … Read More
RIL raises Rs 2,550 cr through commercial paper issue
The retail-to-oil conglomerate, for example, mopped up Rs 1,250 crore for three months at 3.4 per cent. The rate is 45 basis points lower than its previous CP sale in … Read More
Fatigue? Dalal Street rolls over fewer bullish bets to Aug series
The Bank Nifty underperformed the index on concerns over the impact of coronavirus pandemic on the economy and businesses. The Bank Nifty gained 0.65 per cent in the July series … Read More
Alphabet sales drop for first time on Google ad cutbacks in pandemic
New data privacy laws, including one that went into effect this month in Google’s home state of California, are also depressing ad prices. – The Hindu – Industry