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Spruce Grove International Pooled Fund sold a total of 82,01,894 shares of Zee Entertainment at Rs 184.73 per share, data available with the NSE showed. – Stocks-Markets-Economic Times
Updates on incremental Covid-related provisions, collection efficiency, BB and below-rated book and restructuring would be keenly followed, analysts said. – Stocks-Markets-Economic Times
Petrochemical, refining and oil & gas business performed handsomely, but showed some chinks in the armour as gross refining margin shrank, as did margins for many petrochemical products. These businesses, … Read More
Sales of the iPhone fell 21 per cent on anticipation of the new models, which arrived later than usual this year. Cook said the response to the 5G iPhone lineup … Read More
Reliance’s retail division, which runs 12,000 stores selling products across groceries, consumer electronics and apparel, posted sales of Rs 41,100 crore with earnings before interest, taxes, depreciation and amortization (EBITDA) … Read More
The company reported 187 million daily users at the end of the quarter, an increase of 29 per cent from last year, but a paltry gain over the previous period. … Read More
Consolidated income dropped by around 32 per cent to Rs 194.19 crore during the reported quarter from Rs 286.7 crore in the corresponding period of 2019-20. – Stocks-Markets-Economic Times
Oil demand has collapsed as the COVID-19 pandemic disrupts global travel and business, hurting sales of refined products such as gasoline, diesel and jet fuel. – NDTV Profit – … Read More
Jio added a net 7.3 million customers as Covid-19 restrictions eased to end the quarter with 405.6 million users, becoming the first telco outside China to cross the 400 million … Read More
The profit grew by 26 per cent due to reversal of impairment loss on investments, the company said in a statement. – Stocks-Markets-Economic Times