Tuesday, May 18, 2021

Upcoming terminals to lower utilisation of Petronet’s Dahej

The upcoming gas import terminals in Chhara and Jafrabad in Gujarat will likely lower the utilisation levels of Petronet LNG’s Dahej station, analysts say. Noting...

Titan’s consolidated Q3FY21 net profit rises 12%

Titan Company on Wednesday reported a rise of 11.81 per cent in consolidated Q3FY21 net profit. Accordingly, the company’s net profit rose to Rs...

Government Confident Of Keeping 2021-22 Borrowing Costs Below 6%: Report

The government is confident that it can obtain funds for its massive 2021-22 borrowing programme at below six per cent, as the central bank...

Andhra to borrow addl Rs 1,515 cr for power sector reforms

The Finance Ministry on Thursday allowed Andhra Pradesh to borrow an additional Rs 1,515 crore for undertaking power sector reforms. As part of the reforms, the state has started Direct...

13th Instalment Of ₹ 6,000 Cr Released To States To Meet GST Compensation Deficit

The finance ministry has released the 13th weekly instalment of ₹ 6,000 crore to the states on Monday to meet the goods and services...

Reliance Jio’s Net Profit Leaps To ₹ 3,489 Crore In December Quarter

Reliance Industries' telecommunications subsidiary Reliance Jio's clocked a consolidated net profit of ₹ 3,489 crore, a of 15.5 per cent quarter-on-quarter increase, in the...

Bitcoin Extends Slide, Heads for Worst Week Since March 2020

Bitcoin fell heavily on Friday and was heading toward its sharpest weekly drop since last March, as worries over its technology and regulation extended...

Rupee Rises For 2nd Straight Day; Closing 12 Paise Higher At $73.05

The rupee gained for the second straight day and closed 12 paise higher at 73.05 (provisional) against the US dollar on Wednesday, supported by...

Mindtree Soars Nearly 4% On Jump In Q3 Net Profit

Mindtree shares gained nearly 4 per cent in early morning trading after the information technology company owned by Larsen & Toubro (L&T) posted a...

SOLV Announces Launch of “Buy now, Pay Later” for India’s MSME Sector

Enables micro, small and medium businesses to restart operations & recover from COVID-19 crisis The pioneering buy-now-pay-later financing facility on SOLV’s platform helps MSMEs with- Instant...

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Warren Buffett’s Berkshire Hathaway breaks up with 32-year long holding Wells Fargo

Berkshire Hathaway Inc has sold nearly all of its holdings in Wells Fargo & Co, as Warren Buffett abandoned a more than 31-year-old investment...

Edelweiss General Insurance launches IPOS, an end to end partner onboarding solution

InsurTech start-up Edelweiss General Insurance (EGI), has launched yet another industry first digital offering, IPOS (Integrated Partner On-boarding Solution). This is a fully automated onboarding solution for...

Migsun beats lockdown, achieves sales amounting to Rs 80 crore in 21 days

Migsun Group, one of the leading real estate developers of NCR, has announced that it has sold over 150 units amounting to approximately Rs...