The company guided for robust demand prospects with JLR order-book at 1.55 lakh units, which coupled with gradual improvement in chip availability to result in healthy profitability going forward.
Adani Ports, Indian Hotels and Tech Mahindra are some of the prominent companies to announce results today.
Revenues for month of January 2022 were 15% higher than GST revenues in the same month last year and 25% higher than the GST revenues in January 2020
India has 83 unicorns with a total valuation of $277.77 billion, the Survey of 2021-22 says
However, the figure is higher than the international benchmark of 20-30%
Reliance Jio, following its peers Bharti Airtel and Vodafone Idea (Vi), hiked its prepaid tariff plans by around 20 per cent across the board (including around 21 per cent in base JioPhone level plans
As per the provisional estimates released in May 2021, the GDP had contracted by 7.3% in 2020-21
The issue of cryptocurrency has not been covered in the Economic Survey 2021-22, Principal Economic Adviser said in an interaction with media
Economic Survey 2022 Highlights: India's FY22 GDP growth is seen at 9.2 per cent and GDP growth for 2023 is projected at 8 per cent to 8.5 per cent, according to reports
Physical public meetings for polls: EC increases cap from 500 to 1,000 people
Large part of today's rally in the headline indices was led by IT stocks such Tech M, Wipro, Infosys and HCL Tech; financials such as Bajaj twins and SBI, and index heavyweights RIL
Neelachal Ispat is a joint venture of 4 CPSEs and 2 Odisha government PSUs
Analysts believe Adani Wilmar's strong parentage links with the Adani Group may give it a necessary fillip on the listing day
Govt finances to witness consolidation in 2021-22, after uptick in deficit and debt indicators during pandemic year FY21, says Eco Survey
The survey expectations for the next fiscal year are conservative compared to the 9% expansion seen by IMF.
Canara Bank hit a 52-week high of Rs 252.80, after rallying 6% in intra-day trade and 21% in the past four trading days.
Adani Green so far this month has rallied 45% per cent, sustained trade above Rs 1,900-level can trigger a fresh 15 per cent surge
While Q2FY22 witnessed a sharp rebound in revenues on a lower base, ICICI Securities expect a further recovery in revenues during Q3FY22E supported by healthy festive season travel demand.
With the exception of SAIL, other PSU stocks could breakout upon any positive news in the sector
Long-awaited growth pick-up along with muted orders may weigh on Larsen and Toubro's stock in the near-term
Analysts say the up move seen on Monday is on account of a host of factors, including good corporate results over the past few days, positive global cues and a build-up ahead of Budget 2022
The composite scheme of arrangement which would result in Corporate Learning Group (CLG) Business and Skills & Careers Group (SNC) Business to be reorganized as separate publicly listed companies.
BDL has been working in collaboration with DRDO & foreign Original Equipment Manufacturers (OEMs) for manufacture and supply of various missiles and allied equipment to Indian Armed Forces.
India has so far administered 1,660,396,227 vaccine doses. That is 4020.09 per cent of its total caseload, and 118.51 per cent of its population
The company bagged orders worth Rs 50,359 crore during Q3, down 31% YoY, as the previous year had the benefit of the company securing its biggest ever EPC contract for Mumbai Ahmedabad High Speed Rail
BPCL, DLF, Dwarikesh Sugar, Exide, GIC Housing, HDIL, HPCL, IOC, Jindal Saw, KEC Intl, KPIT Tech, Krsnaa Diagnostics, SCI, Sun Pharma, Suven Life, Tata Motors and UCO Bank in focus ahead of Q3 results
Asset quality of the lender improved on a sequential basis
The lender witnessed deterioration in its asset quality as the gross NPAs rose to 2.48% of the gross advances as of December 31, 2021 from 1.74% in December 2020
Ashneer Grover recently went on a voluntary leave of absence till March-end amid backlash regarding him allegedly speaking in abusive language with a bank employee
SBI had put in place new rules wherein a woman candidate with more than three months pregnancy will be considered 'temporarily unfit' and can join the bank within four months after delivery
It has also been decided to continue with the mandatory RT-PCR tests for passengers coming from Maharashtra, Kerala and Goa
Appointment comes when all eyes are on Economic Survey and Union Budget
The consolidated order book of the group was at Rs 3.4 trillion as on December 31, 2021, which gives multi-year revenue visibility, the company said in a stock exchange filing
The company recently posted its December quarter (Q3FY22) results and brokerages have either downgraded the stock by a notch or have reduced their target price
For the week, the Sensex and the Nifty indices are down 3% each
The Supreme Court stayed for three weeks the order of winding up SpiceJet after the airline claimed that it is looking to settle dispute over its outstanding dues with Swiss company 'Credit Suisse'
The company said its Q3FY22 results were impacted by lower sales of ARV, APIs and formulations due to stocking at channel partners and it expects improvement from January-March quarter (Q4).
In Q3FY22, Taro's EBITDA margins improved 108 bps year-on-year (YoY) to 31.3 per cent mainly due to better gross margins.
The Sensex and Nifty can gain 2 per cent, while Auto and Realty indices seem poised for higher gains
Higher oil realisations and modest production would spur up ONGC's earnings before interest tax and depreciation and amortization (EBITDA) by 1.8x in the October-December quarter.
The company's consolidated net profit declined 14 per cent YoY to Rs 18.52 crore in Q3FY22.
The deal includes investment of $700 million to acquire 1.28 per cent (shareholding including partly paid shares) ownership in Airtel and up to $300 million toward multi-year commercial agreements
According to Nandish Shah, the short term trend is bullish as the stock price is closed above all important short- term moving averages.
According to Mehul Kothari, traders can buy PNB on dips near the 40-mark with a stop loss of 36 for upside target of 48 in 3 - 5 weeks.
3i Infotech, BEL, Dixon Tech, Kotak Bank, Karnataka Bank, Larsen & Toubro, Marico, NIIT, Naukri, Suzlon, United Breweries and Vedanta to announce results today.
The economy grew 5.7% in 2021, the strongest since 1984. It contracted 3.4% in 2020, the biggest drop in 74 years
The group also said it philosophically agrees with 'the Prime Minister's vision for the aviation sector, of making it affordable and ensuring it contributes to boosting 'Ease of Living' for citizens'
The French-Japanese auto alliance of Renault and Nissan plans to invest 23 billion euros ($26 billion) in electric vehicle technology over the next five years, the companies said Thursday.
Sectorally, the Nifty PSU Bank index jumped a massive 5 per cent on the NSE, while the Nifty Bank and Private Bank indices added about a per cent each
Ebitda margins, which improved 250 bps QoQ at 6.7 per cent in Q3, was the real positive surprise with savings realised under all costs line items, analysts said