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BPCL is the centerpiece of Modi’s $28 billion privatization drive aimed at replenishing coffers depleted by sluggish tax revenue and dole-outs to shield the poor from the coronavirus fallout. … Read More
Market breadth was negative as losers outnumbered gainers in the ratio of 1.2:1 on the BSE. – Stocks-Markets-Economic Times
The company had posted a net profit of Rs 59.1 crore for the corresponding period of the previous fiscal, Dr Lal PathLabs said in a filing to BSE. – … Read More
India still has 300 million mobile subscribers trapped in the 2G era. – The Hindu – Industry
The company’s stock has hit a 5% upper circuit today after the company announced a strong set of numbers for the June quarter which witnessed the start of companies promoting … Read More
Analysts had anticipated slower business growth in the aftermath of the nationwide lockdown during the first quarter to control the spread of the COVID-19 pandemic. – Stocks-Markets-Economic Times
“Telecom resources like spectrum, levies should not become a source for the exchequer, but should become a force multiplier in ensuring economic momentum becomes faster and gets accelerated,” he said. … Read More
Income from operations fell to ₹ 88,936.54 crore in April-June. – The Hindu – Industry
The Sensex moved in a band of 450 points and Nifty touched an intraday high of 11,150.40 and low of 11,026.65. – NDTV Profit – Latest
Revenue from operations fell to Rs 88,937 crore during the quarter, as compared to Rs 1.5 lakh crore, a year ago – NDTV Profit – Latest