SBI net profit in Q1 surges 55% to Rs 6,504 crore
NEW DELHI: The country’s biggest bank SBI on Wednesday posted a 55 per cent rise in standalone net profit at Rs 6,504 crore for the first quarter of the current … Read More
Category: Business
SBI Q1 results: Net profit jumps 55% YoY to Rs 6,504 cr, beats estimates; asset quality dips
Provisions and contingencies dipped 19.6 per cent on-year to Rs 10,051.96 crore in the reported quarter, while other income soared 48.5 per cent to Rs 11,802.7 crore.
India’s female labour participation rate falls to 16.1% as pandemic hits jobs
NEW DELHI: Female labour participation rate in India fell to 16.1% during the July-September 2020 quarter, the lowest among the major economies, a government report said, reflecting the impact of … Read More
SBI, Infosys among 5 fundamental stocks that may outperform Nifty
A healthy earnings season is helping domestic benchmark equity indices sail through the headwinds of a possible third wave of Covid, commodity-led inflation and volatility around the US Fed taper … Read More
India’s jobless rate drops to four-month low as coronavirus ebbs
NEW DELHI: India’s jobless rate fell to the lowest level in four months in July, adding to signs of a nascent recovery in the economy where sales tax collections and … Read More
Revenue: 0. Retail ownership: 94%. Stock surges 1,200% in 51 sessions
Shares of Proseed India, a Hyderabad-based agri-biotech company, were relisted on May 20, 2021 on the bourses at Rs 1.40 per share. They had surged to Rs 18.33 as of … Read More
GST revenue collection for July at over Rs 1.16 lakh cr
NEW DELHI: The gross GST revenue collected in the month of July 2021 was Rs 1,16,393 crore. Out of the total revenue collected CGST was Rs 22,197 crore, SGST was … Read More
Long & Short of Markets: Happy days for IT cos, investment themes for next 3-5 yrs & buzzing stocks
Saurabh Mukherjea said recently that, ‘this is probably the best demand environment for Indian IT in 25 years’. Read about how despite this attrition rate, IT companies may not see … Read More
AI Express flight makes emergency landing due to windshield crack
THIRUVANANTHAPURAM: An Air India Express flight from here to Saudi Arabia had to make an emergency landing at Thiruvananthapuram international airport on Saturday after a crack in the windshield of … Read More
How to value a loss-making business with large market, scaling prospects
Valuing a loss-making company can be a seriously tricky affair. It is even more difficult to value a company with negative earnings or abnormally low earnings than a company with … Read More