Tata Motors Q1 results: Loss widens to Rs 8,438 crore as revenue drops by half
The auto major had reported a loss of Rs 3,698.34 crore in the corresponding quarter last year. – Stocks-Markets-Economic Times
Month: July 2020
F&O: Technical indicators have bad news for bulls, but VIX holds the fort
Mechanical indicators like RSI has seen a negative crossover from the overbought levels, with followup action on a daily scale, which doesn’t bode well for the bulls. – Stocks-Markets-Economic … Read More
Banks cannot refuse credit to MSMEs covered under emergency credit facility: FM
As of July 23, 2020, a total amount of ₹1,30,491.79 crore had been sanctioned under the 100% Emergency Credit Line Guarantee Scheme, of which ₹82,065.01 crore has already been disbursed. … Read More
Eight core industries’ output shrinks by 15% in June 2020
Barring fertilizer, all seven sectors – coal, crude oil, natural gas, refinery products, steel, cement, and electricity – had recorded negative growth in May – The Hindu – Industry
Facebook, Google bet on Jio pact to tap opportunities in India
Facebook CEO Mark Zuckerberg said India “should be one of the faster-growing business opportunities” for the company. – The Hindu – Industry
Banks cannot refuse credit to MSMEs covered under emergency credit facility: FM
As of July 23, 2020, a total amount of ₹1,30,491.79 crore had been sanctioned under the 100% Emergency Credit Line Guarantee Scheme, of which ₹82,065.01 crore has already been disbursed. … Read More
Fiscal Deficit Hits Record High In First Quarter As Pandemic Hits Economy
Net tax receipts in three months through June declined more than 46 per centyear-on-year – NDTV Profit – Latest
Four Banks To Revise Minimum Balance, Handling Charges From August 1. Find Out New Rates Here
Bankof Maharashtra, Axis Bank, Kotak Mahindra Bank and RBL Bank – will impose revised minimum balance requirements and handling charges from August 1 – NDTV Profit – Latest
Sebi relaxes upfront margin framework
The decision has been taken after receiving representations from investors, trading members (TMs) or clearing members (CMs) and stock broker associations. – Stocks-Markets-Economic Times
NIIT Q1 results: Net profit at Rs 29 crore
The revenue remained flat at Rs 201.8 crore in the April-June 2020 quarter from the year-ago period. – Stocks-Markets-Economic Times