Amara Raja Batteries reports 3.7% increase in revenue from operations in Q4 of FY22
Mumbai, May 23, 2022: Amara Raja Batteries Limited, India’s leading Industrial and Automotive Battery major (BSE: 500008 & NSE Code: AMARAJABAT), today, reported profit before tax of Rs.132.49 Crores for Q4 of FY 22 as compared to Rs 258.79 crores during Q4 FY 21. The Revenue for Q4 of FY 22 stood at Rs 2,180.70 crores as compared
to Rs 2,102.70...
Motilal Oswal Financial Services reports for FY22, Q4FY22
Mumbai, April 30, 2022: Motilal Oswal Financial Services Ltd. announced its results for the quarter and year ended March 31, 2022 post approval by the Board of Directors at a meeting held in Mumbai on April 28, 2022.
Performance for the quarter and year ended March 31, 2022:
In Q4FY22, consolidated revenues grew by 21% YoY at Rs 1,100 cr, Consolidated PAT stood at Rs 300 cr...
MARS Petcare India signs MoU with Telangana government for investing Rs 500-crore in factory expansion
The country’s leading pet food company, MARS Petcare India, signed a memorandum of understanding with the Telangana government on Thursday for an expansion of its Hyderabad petfood factory.
The Secret of Funding is you need to be eligible to be get funded”: Mr Surya S, IIT Hyderabad
FICCI Ladies Organization (FLO) organized a Panel Discussion on Investment & Funding virtually on Zoom Platform on Thursday. Participating in the discussion Mr. Surya S of IIT Hyderabad said "The Secret of Funding is you need to be eligible to get funded".
Systematic Investment Plan: Your Key to Financial Success
A mutual fund is a pool of professionally managed funds that invest in a portfolio of securities and other money market instruments. Depending on the nature of the scheme and its investment objective, a mutual fund scheme may invest across fixed income securities, asset classes and money market instruments like company stocks, equity, company fixed deposits, debentures, commercial papers,...
Global Funds: Your ticket to investing in foreign markets
Mutual funds are a pool of professionally managed funds that invest in a diversified portfolio of securities for income generation and long term capital appreciation. Every mutual fund scheme is assigned a fund manager (multiple managers in some situations), who are responsible for executing anasset allocation strategy in such a way that the scheme is able to outperform its...
Government Announces ₹ 10,000 Special Festival Loan For Its Employees
In order to stimulate consumer demand in the economy the government on Monday announced Special Festival Advance scheme wherein all the central government employees will be eligible for an interest free loan of ₹ 10,000 which they will have to utilize on festival related spending up to March 31, 2021.
The loan will be given to central government employees by...
Temporary retention of GST cess pending reconciliation not diversion: FinMin sources
Finance ministry sources have countered CAG audit finding of central government wrongly retaining Rs 47,272 crore of GST compensation cess meant for states, saying temporary retention cannot be termed as diversion.
Days after the Comptroller and Auditor General (CAG) flagged that the Centre in the first two years of the GST implementation wrongly retained GST compensation cess that was meant...