Corporate India will have to shell out an additional Rs 21,000 crore (Rs 210 billion) if the 2010-11 Budget increases the excise duty by 2 per cent.
It was because of strong inflows into debt-oriented schemes that saved 2019 from being a "dark-dull year of investing" as inflows into equity funds has dropped this year due to a volatile market.
Shares of Tata Consultancy Services on Wednesday plunged almost 4 per cent, wiping out about Rs 16,000 crore (Rs 160 billion) in investor wealth, after the IT major indicated to analysts that weak India business and lower working days could drag down March quarter growth rate.
Construction major L&T was the biggest gainer among the Sensex components, spurting 2.30 per cent, after the company said its board has approved a Rs 9,000-crore share buyback plan.
Finance Minister Arun Jaitley will take a final call on whether to break the tradition of presenting a separate Rail Budget, by merging it with the General Budget.
An estimated Rs 39 crore in cash and over 1.67 lakh litres of illicit liquor has been seized by Election Commission-appointed teams in the Bihar assembly elections till now.
Housing mortgage lender HDFC today posted a 20 per cent jump in its net profit at Rs 971 crore (Rs 9.71 billion) for the September quarter, on healthy rise in interest income and higher advances.
Hindustan Lever on Monday reported a net profit of Rs 325.96 crore (Rs 3.25 billion) for the third quarter ended September 30, 2005 as against Rs 324.32 crore (Rs 3.24 billion) in the quarter ended September 30, 2004.
As most of the blue-chip stocks rolled down, the investor's wealth shrunk by Rs 20,564.65 crore at Rs 14,75,697 crore in one day.
Thomas Cook India Ltd has posted a net profit of Rs 64.71 million for the quarter ended January 31, 2003 as compared to a net profit of Rs 56.39 million for the quarter ended January 31, 2002.
The profit of the company before exceptional item and tax stood at Rs 1,302 crore (Rs 13.02 billion), from Rs 1,398 crore (Rs 13.98 billion).
These bonds carry AAA/stable rating from Crisil. The tenure of this paper is expected to be 10 years. "The yields on the 10 year government bonds dipped from around 8.6 per cent at the end of September to about 5.7 per cent now. Hence, the bank will save on costs as it will be in a position to place bonds at lesser rates now," a senior SBI official said.
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The Oil Ministry on October 31 issued orders asking upstream oil and gas producers like ONGC and Oil India Ltd to give Rs 16,729.74 crore (Rs 167.29 billion) to make up for 47 per cent of the Rs 35,328-crore (Rs 353.28 billion) revenue that retailers lost on selling diesel, domestic LPG and kerosene at government controlled rates in second quarter.
The spectrum auction has already generated record amount.
Private sector lender ICICI Bank on Friday posted a 33 per cent rise in its net profit at Rs 1,003 crore (Rs 10.03 billion) for the quarter ended September 30 against Rs 755 crore (Rs 7.55 billion) in the corresponding quarter last year.
Dragged down by a massive fall in the stock market, total investor wealth slumped by nearly Rs 3 lakh crore on Tuesday as shares of over 2,200 listed firms ended in the red.
US and European institutional investors bought a majority of shares in the over Rs 4,800 crore (Rs 48 billion) QIP offering by telecom operator Reliance Communications.
Valuation of TCS, ITC declines in the week
Banks have been struggling hard to recover dues from grounded Kingfisher Air.
Modi said the push towards a gas-based economy where the share of environment-friendly fuel in the energy basket will be increased from 6.2 per cent to 15 per cent by 2030, will create lakhs of jobs and help meet India's COP-21 commitment of cutting emission intensity by 33-35 per cent.
Blue Star Infotech Ltd has posted a net profit of Rs 31.86 million for the quarter ended December 31, 2002 as compared to net profit of Rs 31.42 million in the quarter ended December 31, 2001.
Oil and Natural Gas Corp, which had last year firmed up an investment of Rs 34,012 crore (USD 5.076.37 billion) in bringing to production 10 oil and gas discoveries in its Bay of Bengal block KG-DWN-98/2 (KG-D5), plans to invest another Rs 21,528.10 crore (USD 3.2 billion) in developing the ultra-deepsea UD-1 find.
Mahindra & Mahindra Ltd has posted a net profit of Rs 307.86 million for the quarter ended December 31, 2002 as compared to Rs 243.20 million for the quarter ended December 31, 2001.
Rajneesh Gupta profiles the cricketers playing the World Cup 2019.
The total income during the period rose to Rs 8,482.85 crore (Rs 84.82 billion), from Rs 7,388.51 crore (Rs 73.88 billion) in the same period a year ago.
'People have been infected. They are responsible for it internationally.' 'They only admitted in February that it is infectious. This proves our case.'
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According to market regulator Securities and Exchange Board of India, MF investments in banking stocks reached Rs 48,419 crore (Rs 484.19 billion) as on May 31, accounting for 21.59 per cent of their total equity assets under management (of Rs 2.24 lakh crore or Rs 2.24 trillion).
The operating income of the bank fell by 5.17 per cent to Rs 25,612 crore during April-June quarter of 2017-18
The total investor wealth in domestic stock markets soared by Rs 1.53 lakh crore as investors cheered energy reforms, including hike in natural gas prices.
Investor wealth slumped by Rs 1.55 lakh crore on Thursday today, dragged down by massive selling in the stock markets where nearly seven out of ten shares closed lower.
Over seven lakh vehicles have been recalled by various manufacturers in India since 2012.
Over seven lakh vehicles have been recalled by various manufacturers in India since 2012.
The market valuation of top five Sensex companies fell by Rs 36,971.61 crore (Rs 369.71 billion) last week, with ONGC and Sun Pharma being the worst hit.
Congress a distant second with Rs 198.16 crores.
The group plans Rs 30,000-cr oil refinery with IOC; buys Lanco's Udupi power plant for Rs 6,000 cr
As many as eight companies have completed their share buyback plans in the first quarter of 2014-15, purchasing stocks worth nearly Rs 222 crore (Rs 2.22 billion) which is 75 per cent of the collective target.
Agitating ex-servicemen on Monday continued with their relay hunger strike over the 'One Rank One Pension' issue at Jantar Mantar in New Delhi as they prepared for a mega rally this weekend to press for removal of "anomalies" in the OROP announced by the government.
Homegrown auto major Tata Motors on Monday reported an almost three-fold increase in consolidated net profit to Rs 4,804.80 crore (Rs 48.04 billion), driven by its British arm Jaguar Land Rover.
