This is the slowest pace in more than six years and creates ample room for RBI to respond with deeper interest rate cutsThe only sector that has registered a robust pickup is electricity, growing at 8.6% in June quarter from 4.3% in March quarter
2 min read30 Aug 2019Consumer loans grew by over 50% from the year-ago period, while loans to small businesses increased by 38%Bajaj Finance’s asset liability position is comfortable and nearly 13% of its borrowings are from retail deposits
2 min read16 May 2019Shutdown of the copper smelter at Thoothukudi weighed on its revenue, shrinking 15% year-on-year to ₹23,092 crore in Q4For FY20, Vedanta’s management outlined a capital expenditure plan of $1.4 billion
2 min read7 May 2019The total income of the company stood at ₹740.3 crore during the quarterShares of Sanofi India Ltd were trading at ₹5,571.75 per scrip on the BSE, up 0.43% from its previous close
1 min read7 May 2019Apple is cutting planned production for its three new iPhone models by about 10% for the March quarter, a week after the company slashed its quarterly sales forecast
1 min read9 Jan 2019Apart from continued erosion in tariffs, telecom firms were hit by a cut in international termination rates in March quarter but held their own in terms of voice and data traffic
1 min read7 Jun 2018The government revised fiscal deficit target in February to 3.5% of GDP from 3.2% of GDP for the 2017/18 fiscal year
1 min read31 May 2018HPCL earned $7.07 on turning every barrel of crude oil into fuel in the fourth quarter as compared to a gross refining margin of $7.99 per barrel a year ago
2 min read23 May 2018Sanofi India reported 37.27% rise in net profit to Rs82.5 crore for the quarter ended 31 March 2018 as against Rs60.1 crore in the same period last fiscal
1 min read8 May 2018For Maruti Suzuki, the cost pressures that dragged net profit down during the March quarter are mostly one-offs
2 min read28 Apr 2018Oops! Looks like you have exceeded the limit to bookmark the image. Remove some to bookmark this image.