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Non Banking Financial Company Bajaj Finance on Tuesday reported its quarterly results for the quarter ending September. The consolidated results of the company include the results of its wholly owned subsidiaries Bajaj Housing Finance and the newly acquired Bajaj Financial Securities (BFinsec). An uptick in assets under management helped the company post a 54% jump in consolidated net profits ...
The Comptroller and Auditor General of India Rajiv Mehrishi on Tuesday questioned the RBI's accountability over tackling the rising Non-performing asset crisis in the Indian banking system. Mehrishi was speaking at the launch of Indian School of Public Policy (ISSP) in New Delhi and asked "We all have a narrative about how it can be sorted out, recapitalisation of course, which is a very strange ...
Myanmar's appetite for Gold can be best guessed from the fact that the country, size slightly larger than South India, has a Golden Pagoda with reportedly 60 tons of the yellow shimmering Gold that went into its construction. Gold in Myanmar is as loved and craved for as it is in India. But, in recent times, cases of smuggling are on the rise. Gold smugglers, either enticed by currency valuations ...
REITs are finally happening in India, and that's good news. While real estate as an asset class has always attracted both small and big investors, other investment instruments - gold, stock markets, fixed deposits, mutual funds etc. - have also been a part of well-diversified investment portfolios. However, most of these asset classes have come with not-inconsiderable risks in recent times. The value ...
Non Banking Financial Company Bajaj Finance on Tuesday reported its quarterly results for the quarter ending September. The consolidated results of the company include the results of its wholly owned subsidiaries Bajaj Housing Finance and the newly acquired Bajaj Financial Securities (BFinsec). An uptick in assets under management helped the company post a 54% jump in consolidated net profits ...
The Comptroller and Auditor General of India Rajiv Mehrishi on Tuesday questioned the RBI's accountability over tackling the rising Non-performing asset crisis in the Indian banking system. Mehrishi was speaking at the launch of Indian School of Public Policy (ISSP) in New Delhi and asked "We all have a narrative about how it can be sorted out, recapitalisation of course, which is a very strange ...
Lima: Hollywood actress Angelina Jolie, visiting Peru in her capacity as special envoy of the UN Refugee Agency (UNHCR), has met with Venezuelan migrants at a shelter in Lima run by volunteers. It was her first official activity on Monday as the filmmaker launched her three-day mission to evaluate the needs of the Venezuelan refugees "and observe Peru's generous response," the UN High Commissioner ...
Beijing: Chinese President Xi Jinping on Tuesday officially opened the world's longest sea-crossing bridge that connects mainland China with Hong Kong and Macau, during a ceremony in the city of Zhuhai. The $20 billion mega-project includes with a 55 km road bridge that has been in the works for almost nine years, CNN reported. It's a key element of China's plan for a Greater Bay Area covering 56,500 ...

Today's picks

2013-02-19 18:00:00

NIFT Current: 5,898 (futures: 5,906) Target: NA Index remains range-bound between 5,870 and 5,925 with very nominal futures premium. The range today could be 5,850 or 5,950. Stop-loss shorts at 5,925 and stop-loss long positions at 5,975. A long 5,800p (19) and long 6,000c (21) could gain 10-12 if the market swings 50 points in either direction. STATE BANK OF INDIA Current price: Rs 2,263 Target price: ...

Today's picks

2013-02-09 18:00:00

NIFTY Current: 5,939 (futures: 5,964);Target: NAThe downtrend continued. Key support was tested at 5,930. A drop below 5,920 could mean a dip till 5,875. A bounce will hit resistance at 5,975-5,990. Futures premium has increased to 25, which may mean a pullback on short-covering. The bearspread of long 5,900p (48) versus short 5,800p (23) continues to look attractive.TATA STEEL Current price: Rs 390;Target ...
Mumbai: Home textiles firm Welspun India on Monday reported a rise of 21.38 per cent in its consolidated net profit for the second quarter (Q2) of 2018-19. As per the company's regulatory filing to the BSE, the consolidated net profit during the period under review rose to Rs 121.69 crore from Rs 100.25 crore reported for the corresponding period of the previous financial year. The company's Q2 revenue ...
Mumbai: Reliance Industries (RIL) posted a consolidated net profit of Rs 9516 crore in the second quarter of the current fiscal compared to Rs 8109 crore in the corresponding quarter last fiscal, thus registering a year-on-year growth of 17.4 per cent.Furthermore, the Mukesh Ambani-led conglomerate recorded quarterly consolidated revenue of Rs. 1,56,291 crore in the second quarter compared to Rs. 101,169 ...
Codenamed as Davos in the Desert, Saudi Arabian policy makers conceptualized this event to focus on non-petro investments and to promote the kingdom as an iconic investment destination. However, in the aftermath of the murder of Journalist Jamal Khashoggi there was widespread confusion on whether the event would continue. With dropouts of several key profiles, there were murmurs that the event could ...
The Indian growth story has been far from perfect. That is not an understatement by any stretch of imagination. A growing challenge for the economy is the fast-evolving problem of inequality. Most recently, James Crabtree in his latest book, "The Billionaire Raj", claims that "India is one of the world's most unequal countries." His claim is based on the fact that the billionaire wealth as a proportion ...
New Delhi: Automobile major Hyundai Motor India (HMIL) on Tuesday launched 'the all new Santro' with an introductory price starting at Rs 3.89 lakh. "The all new Santro is a true example of Hyundai's Made-in-India philosophy and a shining result of our numerous product clinics and rigorous durability test on various terrains in India," Y.K. Koo, MD and CEO, HMIL said in a statement. "Our R&D ...
New Delhi: Hero MotoCorp on Monday launched the new Destini 125 cc scooter. According to the company, the new scooter is priced between Rs 54,650 and Rs 57,500. "We are confident that the Destini 125 will be a strong enabler for us in growing our presence in this category," Sanjay Bhan - Head of Sales, Customer Care and Parts Business, Hero MotoCorp said in a company statement. "Our customers in ...
  Cities   Price (10g)
  Gold Rate in Chennai   Rs. 29150.00 (-0.44%)
  Gold Rate in Mumbai   Rs. 30080.00 (0.6%)
  Gold Rate in Delhi   Rs. 29900.00 (0%)
  Gold Rate in Kolkata   Rs. 30170.00 (0.03%)
  Gold Rate in Kerala   Rs. 28450.00 (0%)
  Gold Rate in Bangalore   Rs. 28700.00 (0%)
  Gold Rate in Hyderabad   Rs. 29150.00 (-0.44%)

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