Lenskart FY19 loss narrows, topline jumps 56%
Total expenses for fiscal year 2019 came in at Rs 514.52 crore, up about 20% compared to the year-ago period when expenses were at Rs 429 crore.
HCL Tech posts 4% YoY rise in Q2 profit at Rs 2,651 crore, raises FY20 guidance to 15-17%
Revenue for the quarter climbed 17.9 per cent YoY (...
PNB under-reported bad loans by Rs 2,617 crore in FY19
As per RBI, PNB has under-reported its NPAs for the fiscal year 2018-2019.
Not optimistic about earnings revival in FY21: Sameer Narayan
Compared to ICICI Bank, one would be better off looking at SBI even on a shorter-term basis.
Plastic exports to remain subdued in FY20: Report
India had exported USD 8 billion worth of plastics during in FY19, making it the 17th largest plastic exporter in the world.
Ind-Ra revises outlook for road sector for FY'20
Developers' order book to revenue multiple slipped to a 4-year low due to absence of bidding.
Bank loans to moderate to 25 year low at 8-8.5 per cent in FY'20: Report
Icra has forecast that non-food credit growth will slow down to 8 to 8.5 per cent during FY'20.
How these 9 industry sectors are likely to perform in Q2 of FY20
The silver lining is the situation is not expected to be as bad as it was in the first quarter.
Middle class may gain from lower tax rates in Budget FY21
Sources said that the Budget 2020-21 will take the sops announced in the pre-election interim budget further by changing the personal income tax rates for the salaried in lower and middle income groups. This may be done through changes in the tax slabs.
Bira wobbles a bit, losses rise in FY19
The maker of Bira craft beer, saw the slowest growth ever due to production delays while losses doubled after an expensive nationwide marketing deal, in a crowded market dominated by mainstream brands.
Tata Steel reports increase in production for Q2FY20
Production at Tata Steel India increased by 4.7% year on year at 4.50 million tonnes while it was flat compared to last quarter.
Earnings growth may hit double digits in FY20: Shibani Sircar Kurian
Focus on midcaps as broader market is poised to rise in 12-18 months, says Shibani Kurian.
Coal India unlikely to meet FY20 profit target despite a cut
Analysts believe that Coal India would miss its production target this year. ICRA Ratings has estimated that production will fall short by around 55-75 million tonnes (MT).
RBI boost keeps H1 fiscal deficit at 93% of FY20 target
The government had budgeted Rs 90,000 crore as dividend from the central bank in 2019-20.
Arcil FY19 recovery at 10-year high
Bad loan aggregator managed to sell more than 1500 properties across the country last fiscal.
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