-
Sun Pharma rallies 10% on strong June quarter results
The company's revenue was up 28.2% at Rs 9,669.4 crore against Rs 7,582.5 crore, year-on-year
-
Inflation will moderate, expect it to be below 6% in July: CEA
On the growth front, Subramanian said the FY22 number should be within the ballpark of 10.5% as estimated by the finance ministry earlier
-
ICICI Lombard, Dr Reddy’s join hands for cashless outpatient service
Outpatients will get the benefit of doctor consultations, pathology laboratories and diagnostics services, pharmacies, and insurance
-
Insurance sales from non-metro cities grow 50-60%
The trend is encouraging as insurance penetration in India is abysmally low at 3.76% as of 2019
-
Tech Mahindra Q1 profit up 39% to Rs 1,353.2 crore
Revenue stood at Rs 10,197.6 crore in the quarter under review, up 12% from Rs 9,106.3 crore in the year-ago period
-
Punjab & Sind Bank reports Q1 net profit at Rs 174 crore
The total income of the bank during Q1FY22 rose to Rs 2,039.61 crore from Rs 1,954.39 crore in Q1FY21
-
GST rate structure rationalisation on Centre’s agenda: CEA K V Subramanian
A three-rate structure is very important and there is also a need to fix inverted duty structure as far as the GST is concerned, K V Subramanian said
-
Tata Sons arm to acquire controlling stake in Tejas Networks
The firm will make a preferential allotment of 1.94 crore equity shares at a price per equity share of Rs 258 per share to Panatone
-
RBI imposes Rs 5 crore penalty on Axis Bank
The penalty has been imposed for "contravention of/non-compliance" with certain provisions of directions issued by the RBI
-
Common servicing platform for MFs: What it means for you
Market regulator Sebi wants the mutual fund industry to create a common servicing platform. Once created, the platform will help investors execute non-financial service requests in a simple manner across asset management companies (AMCs) where they have MF schemes running. “The way KYC process is centralized for AMCs, post-investment service requests will also be […]
