Oct. services sector PMI signals first expansion since February
Survey cites improved market conditions, easing of curbs – The Hindu – Industry
Month: November 2020
Sundram Fasteners diversifies into aerospace, defence
Bid to insulate from cyclical auto unit: MD – The Hindu – Industry
SBI Q2 profit surges 52% to ₹4,574 crore
Lender reports increase in net interest income, decline in bad loans; slippages rise in agri, SME loans – The Hindu – Industry
NSE-BSE bulk deals: Europacific sells most stake in Adani Ports
Here’s who bought and sold what in some of the key bulk and block deals of the day. – Stocks-Markets-Economic Times
Sebi allows unlisted InvITs to raise funds through rights issue
If the InvIT wants to have the issue underwritten, it can appoint underwriters, Sebi said. – Stocks-Markets-Economic Times
Jindal Stainless (Hisar) Q2 Results: PAT increases 35% YoY at Rs 111 crore
JSHL’s sales volumes grew by 9% to 155,470 tonnes in Q2 of FY21 against 143,139 tonnes in the same period last year. – Stocks-Markets-Economic Times
Doomsday stock market predictions give way to never-ending rally
Microsoft Corp., Apple Inc., Amazon.com Inc. and Alphabet Inc. were five of the six biggest drivers of the S&P 500’s rally. It’s a return to a trade that because of … Read More
US Election: Whoever triumphs, investors see China, green and easy money bets as winners
Money managers stick with their longer-term bets. – Stocks-Markets-Economic Times
United Spirits Q2 net profit down 43% YoY at Rs 128 crore
The company said the revenue recovery rate improved from the sequential first quarter, despite on-trade remaining largely shut due to lockdowns and contraction of owned and franchise businesses in Andhra … Read More
IHCL Q2 Results: Chain posts revenue from operations of Rs 257 crore; loss at Rs 252 crore
IHCL said in a BSE filing that close to 90% hotels reopened by the end of September and it expects the business to gradually improve across all hotels. – … Read More