Sugarcane farmers to gain Rs 96.56 crore from revenue-sharing formula in Maharashtra
Uploading Date : 12-11-2017Sugarcane growers in Maharashtra are set to get the second installment payment within the next month. This comes after the Cane Control Board (CCB) sealed the payments as per the revenue sharing formula, and farmers will gain Rs 96.56 crores as per the calculations.
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L&T Q2 net profit jumps 27% to Rs1,820 crore
Uploading Date : 11-11-2017Infrastructure major Larsen & Toubro Ltd (L&T) on Saturday beat analyst estimates by a huge margin and reported a 26.9% jump in net profit to Rs1,820 crore. Painting a subdued domestic investment environment, L&T said it won’t be able to meet its order inflow guidance of a growth of 12-14% in the financial year 2017-18.
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177 items to become cheaper as GST Council decides to trim 28% slab
Uploading Date : 10-11-2017In a major relief to consumers and industry, the Goods & Services Tax (GST) Council on Friday decided to lower the rates for 177 items in the highest tax slab of 28 per cent.
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SBI Q2 net up at Rs 1,840 cr; standalone profit slips by 38%
Uploading Date : 10-11-2017The country’s largest lender SBI today posted a multi-fold jump in consolidated net profit at 1,840.43 crore for the second quarter ended on September 30, boosted by sale of its stake in SBI Life Insurance.Its profit was just Rs. 20.70 crore during the same quarter of the last financial year.
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Tata Motors Q2 profit rises threefold to Rs 2,502 crore
Uploading Date : 09-11-2017Tata Motors on Thursday said its consolidated profit after post including those of joint ventures and associated companies rose threefold to Rs 2,502 crore for the September quarter. This was in comparison with Rs 848 crore profit the automaker reported for the corresponding quarter last year.
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Airtel slumps 5.7% on stake sale by Qatari shareholder
Uploading Date : 08-11-2017Shares of Bharti Airtel slumped on stake sale by Qatari shareholder. The stock fell as much as 6.67 per cent to Rs. 480, its fourth consecutive session of losses.
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USFDA issues Combined Warning letter to Lupin's Goa and Indore (Pithampur Unit II) sites
Uploading Date : 07-11-2017Lupin Ltd has received a warning letter issued by the USFDA on November 6, 2017 for the formulation manufacturing facilities at Goa and Indore (Pithampur Unit II). The stock hit an intraday high of Rs. 1055.15 and intraday low of 1030. The net turnover during the day was Rs. 48806020.
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ONGC, Oil India gain up to 3% as oil prices rule at highest since 2015
Uploading Date : 07-11-2017Shares of state-owned oil exploration & production companies – Oil and Natural Gas Corporation (ONGC) and Oil India – rallied up to 3.5% on the BSE in early morning trade on rising crude oil prices.
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