7,000 tonnes onion already imported, 25,000 tonnes likely to arrive before Deepavali, says Goyal
The government has relaxed fumigation norms for import of onion and export of onion seeds have been banned, he said. – The Hindu – Industry
Month: October 2020
Indian drugmaker Laurus Labs with 350% stock gain seeks to boost capacity
The pharmaceutical sector is the top performer in India’s $2.1 trillion equity market this year after the coronavirus pandemic turned global investors’ spotlight on health-care companies. – Stocks-Markets-Economic Times
Nabard H1 results: PAT grows 8% to Rs 2,361 cr
During the April-September period, the long term finance (investment credit) stood at Rs 1,59,611 crore, which is 32.24 per cent of the loan portfolio. Loans to the rural infrastructure sector … Read More
PTC India Fin Services Q2 results: Net profit falls 28% to Rs 32 cr
The net profit stands at Rs 32 crore, with an improvement in our net interest margins to 3.58 per cent. – Stocks-Markets-Economic Times
Tech View: Nifty50 forms indecisive Spinning Top, but showing resilience
The 50-day exponential moving average (EMA) and 50-day simple moving average (SMA) of the index lay at 11,530 and 11,459 levels, respectively. Some analysts felt a fall below these levels … Read More
IndusInd Bank Q2 results: Net profit declines 53% to Rs 663 cr; provisions rise 166% to Rs 1,964 cr
The bank’s total income came in at Rs 8,731.52 crore, down 1.65 per cent from Rs 8,877.53 crore – Stocks-Markets-Economic Times
Dixon Technologies Q2 results: Profits up 22% at Rs 52 crore
Revenue from operations was at Rs 1,638.74 crore, up 16.88 per cent as against Rs 1,401.98 crore in the year-ago period. – Stocks-Markets-Economic Times
Strong profit growth, improving input costs, inventory gains; key takeaways from IOC Q2 results
Average gross refining margin (GRMs) for the April- September was $3.46 per bbl, compared to $2.96 per bbl in the year ago. – Stocks-Markets-Economic Times
Axis Bank to buy 19% stake in Max Life vs 17% earlier
The revised agreements will supersede the previous agreements entered into between the parties. – Stocks-Markets-Economic Times
FinMin notifies extended deadline for 2019-20 ITR filing
“Today’s notification has cleared the air by extending the due dates for such entities as well.” – The Hindu – Economy