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Latest Articles in Companies Markets

TVS Motor Lines Up Rs 40 Cr To Support Fight Against COVID-19

TVS Motor had earlier announced a contribution of Rs 60 crore towards relief efforts across various states during the first wave of COVID-19 last year.

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ICRA Net Profit Down 35 % At Rs 23 Cr In March Qtr

Total income during Q4 FY21 was down at Rs 91.85 crore as against Rs 99.56 crore in the same period of FY20, ICRA said in a regulatory filing.

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GiveIndia Relaunches COVID Response Fund For Online Donation

'The funds will go towards setting up oxygen generation plants in hospitals and covid care centres, providing oxygen concentrators and cylinders and facilitating the refilling of cylinders,'

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Rupee Gains For 2nd Straight Day; Settles 27 Paise Higher At 73.51 Against Dollar

The dollar index, which gauges the greenback’s strength against a basket of six currencies, fell 0.19 per cent to 90.78.

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India's Sovereign Rating To Remain At Current Level For Next 2 Years: S&P

Fitch projected a 12.8 per cent recovery in GDP in the fiscal year ending March 2022, moderating to 5.8 per cent in FY23, from an estimated contraction of 7.5 per cent in 2020-21.

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Dabur Net Profit Jumps 34 Pc To Rs 377.3 Cr In Mar Quarter

Dabur's revenue from the consumer care business segment was up 26.36 per cent to Rs 2,009.63 crore as against Rs 1,590.38 crore in the year-ago period.

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Sensex Jumps 257 Pts; Nifty Ends Above 14,800

HDFC was the top gainer in the Sensex pack, spurting over 2 per cent, followed by Bajaj Finserv, M&M, NTPC, Bharti Airtel, UltraTech Cement and ONGC.

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Vaccination Only Way Forward As COVID Infections Surge In Rural Areas: Report

The second wave of the pandemic has led the country begging for global aid in terms of money, medical oxygen and life-saving drugs as it has been contributing almost 44 per cent of the global caseload for the past many days.

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Ruchira Green Earth To Invest Rs 200 Cr Over 3-4 Yrs To Set Up Plant In Haryana

It is planning to set up a Rs 200 crore plant at Yamuna Nagar, which will be funded through internal accrual of Rs 50 crore and bank loan, the company said, adding the fresh investment would be made over three to four years.

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RBI's Rs 50K Cr Liquidity Facility Can Augment Hospital Bed Capacity By 20%: Crisil

Companies in other health care related sectors such as pharmaceuticals, the capital requirements for enhancing production capacity of critical COVID-19 related drugs is not very high

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Gold Futures Gain On Spot Demand

Gold prices traded 0.20 per cent higher at USD 1,819.40 per ounce in New York.

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JSW Steel Inks Pact With JFE Steel Corp To Conduct Feasibility Study For Proposed JV In India

The plan is to complete the study within the current 2021 fiscal year and take appropriate steps to set up this JV company subject to requisite approvals, JSW Steel said in a regulatory filing.

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Stock Market Daily Updates: 7 May 2021

The Indian stock market is trading at a high valuation. In addition currently, stocks based bullish trend on the local economy.

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Tata Motors To Hike Passenger Vehicle Prices From May 8

The auto major noted that it would offer protection from the price increase to customers who have booked vehicles on or before May 7.

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India To Breach Fiscal Deficit Target In FY22: Fitch Solutions

Central government expenditure is likely to be around the project of Rs 34.8 lakh crore as it looks to maintain its high pandemic-period spending so as to bolster pace of economic recovery.

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