Jio is planning to win over 350 million 2G feature phone users by launching a smartphone at a fraction of the current cost.
India Inc's cash pile was up 13.8 per cent last fiscal year, thanks to a combination of higher profits in sectors such as IT and fund raising by top companies such a Reliance Industries, Bharti Airtel and Tata Motors, among others.
The recent three-bank merger seems to be grossly negative for Vijaya Bank and Bank of Baroda in the short term, as the negative net worth of Dena Bank will have to be absorbed by the merged entity
The broader NSE Nifty fell 78.75 points, or 0.70 per cent, to close at 11,234.55.
The combined net sales of 42 listed construction and capital goods companies that have declared their third-quarter results so far were down 2.3 per cent year-on-year in Q3FY21 while core operating profit was up just 4.9 per cent YoY during the quarter.
Equity investors grew richer by Rs 32.49 lakh crore in 2020 on the back of smart returns in the stock market which had a roller-coaster ride during the year hit by the coronavirus pandemic. The COVID-19 outbreak ravaged lives and livelihoods on a global scale, shuttering businesses and jolting world equities. But amid all the gloom, Indian stock indices gave hope of returning to winning ways towards the latter part of the year.
The number of equity schemes rose to 562 from 519 two years ago. Equity NFOs, in fact, have mopped up more than Rs 16,000 crore since 2018 - 2.7 times the Rs 5,948 crore collected in the preceding three calendar years.
Were you one of the lucky Indians who handed over your Rs 500 and Rs 1,000 notes and got a brand new Rs 500 or Rs 2,000 note in return? Post a selfie with the new currency please!
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
The black bands were worn as a mark of protest against the alleged attack on the Constitution of India with the passage of the amended citizenship act by the government, leaders said.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
But what do banks gain by opening their apps for all? The answer -- rival bank's customers under their fold.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Investors became richer by over Rs 6.34 lakh crore on Monday as markets gave a big shout-out to the Budget 2021-22, which analysts termed as 'unprecedented' against the backdrop of the pandemic-induced slowdown. Cheering the Budget proposals, the BSE benchmark Sensex zoomed 2,314.84 points or 5 per cent to close at 48,600.61. During the day, it jumped 2,478.63 points to 48,764.40. This was the best Budget-day gain for the markets since 1997, analysts said. Following the extremely positive market sentiment, the market capitalisation of BSE-listed companies rallied Rs 6,34,069.67 crore to Rs 1,92,46,713.70 crore.
The senior Congress leader asserted that those calling for reform should have had a discussion with others as well.
With the US education system operating independently from the government, universities are adopting varying strategies when it comes to Covid vaccination.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
The award, which carries a citation and cash amount of Rs 10 lakh, is given for promoting communal harmony and peace.
On July 13, 2011, Bapi Motilal Khetu had barely sat down at a shop in Khau Galli in Zaveri Bazaar locality of Mumbai when a bomb placed in a Honda Activa scooter exploded. A year later, he is scared of leaving his home and complains that life will never be the same for him. Divya Nair reports.
The results of this study might just shock you!
Experts say, investors will be better off exiting them at higher levels and investing in stocks of fundamentally sound companies.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Analysts said the demand recovery in two-wheeler and car segments was skewed towards the semi-urban and rural markets.
India's cumulative COVID-19 vaccination coverage was recorded at over 28.36 crore since January 16, according to the data from the Co-WIN portal.
Profits of domestic brokerages fell substantially in the quarter ended March 31, thanks to subdued participation of retail investors and continued increase in the share of the low-margin options segment in the overall market volume.
He said no matter how much evolution happens in technology, India could never become a fully cashless economy.
A nationwide and compulsory switch to BS-VI is due from April 1, 2020. Amid increase in input and other costs, companies had decided to increase the price of their vehicles from January 2020. This is expected to push sales of passenger vehicles by 2 to 4 per cent in December; reportedly, bookings are in that range.
The combined profit before tax of 748 companies, which have declared their results for Q1FY21, is down 46 per cent YoY. Their net sales went down by a quarter as the Covid-19 lockdown led to a sharp fall in economic activity.
The market capitalisation of BSE-listed companies surged to Rs 98,11,322 crore.
These were the fastest and most consistent wealth creators over the past 5 years.
Move can also bring a huge change in the way business is done in India, where firms use multiple current accounts, often for even individual projects, making them difficult to monitor.
Auto, pharma, IT, chemicals among sectors with significant reliance on UK and European nations with Tata Motors, Motherson Sumi, Tata Steel, TCS, Wipro, Infosys and Tech M among key names.
'Ghulam Nabi Azad and Kapil Sibal are the two people who have been marked and punished'
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
'The future looks quite bleak unless we ramp up testing and start vaccinating on a war footing.'
From the 'group of 23' leaders, who had written letter to Gandhi seeking Congress' overhaul, Azad and Sharma continue to be regular members of the CWC,
Stress, Wi-Fi signals and alcohol can have a negative effect.
Motilal Oswal of Motilal Oswal Financial Services tells Puneet Wadhwa why he thinks the current market levels will sustain.
PSU divestment, LIC IPO, fiscal deficit: Budget 2021 marks a clear change in the Modi government's stance from fiscal conservatism to growth orientation.
Motilal Oswal, chairman and managing director, Motilal Oswal Financial Services, outlines an equity market strategy for retail investors.
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