stocks News

Venturing into equity trading? Follow these basics

Venturing into equity trading? Follow these basics

Stock markets have become a preferred investment destination for many in the last few decades. Millions have already trudged on this path of value-generation to become successful investors.If you have been reading on personalities like Rakesh Jhunjhunwala, Radhakishan Damani, Raamdeo Agrawal, Dolly ...

Readmore

August Sovereign Gold: Window opens today, costs Rs 657 more, subscribe?

August Sovereign Gold: Window opens today, costs Rs 657 more, subscribe?

Mumbai: The Sovereign Gold bond scheme for the month of August is here.  The Reserve Bank of India in a notification on Friday shared details on the 2020-21 Series V Sovereign Gold Bond Scheme.  The subscription opens with the trading window fixed for August 3 - 7 2020.  In its notifi...

Readmore

HDFC profit falls 4.7 pc to Rs 3,052 cr

HDFC profit falls 4.7 pc to Rs 3,052 cr

Mumbai : Home loan lender Housing Development Finance Corporation (HDFC) on Thursday reported 4.7 per cent decline in its net profit during the quarter ended June at Rs 3,052 crore against Rs 3,203 crore in the year-ago period.The revenue went up marginally to Rs 13,018 crore in Q1 FY21 against Rs 1...

Readmore

Brokerages expect sub-7K net profit, 6.0 GRM in RIL Q1

Brokerages expect sub-7K net profit, 6.0 GRM in RIL Q1

New Delhi: An analysis of estimates by 12 brokerages show that expectations for Reliance Industries Limiteds (RIL) net profit for the quarter ended June 2020 ranges from Rs 4,600 crore to Rs 8,083 crore.The average estimate of the 12 brokerage houses stands at Rs 6,994 crore for the June 2020 quarte...

Readmore

RIL's first VC AGM: 5 key highlights from Mukesh Ambani & team

RIL's first VC AGM: 5 key highlights from Mukesh Ambani & team

Mumbai: RIL's 2020 AGM will go in history books as its first video-conference AGM that attracted the attention of scores of shareholders. 3.07 lakh shareholders from 41 countries across the world and scores of well-wishers including journalists joined the 43rd AGM as Mukesh Ambani and his team expla...

Readmore

Work From Anywhere: SBI's strategy to save a thousand crores

Work From Anywhere: SBI's strategy to save a thousand crores

Mumbai: The State Bank of India with nearly 25,000 branches has found itself a new strategy to help save thousands of crores - work from anywhere.At the recently concluded 65th AGM, Chairman and Managing Director Rajnish Kumar revealed the bank's renewed focus on cost optimization, rationalization a...

Readmore

NSE goes Atmanirbhar, approves desi Gold bars to settle futures contracts

NSE goes Atmanirbhar, approves desi Gold bars to settle futures contracts

Mumbai: Desi Gold bars will be used to settle Futures contracts traded on the NSE platform.The exchange on Friday, July 10, 2020, announced the launch of NSE refiner standards (NRS) as a policy for standard gold delivery. "The NSE Refiner Standards for BIS – Standard Gold would enable the acceptance...

Readmore

Ahead of AGM, RIL hits milestone, Jio platforms gets 12th investor

Ahead of AGM, RIL hits milestone, Jio platforms gets 12th investor

Mumbai: Market capitalization of Reliance Industries Limited on Monday hit the milestone of 12 lakh crores with the scrip touching an all-time high of 1,947 per share.At the time of updating this story, the RIL counter on Bombay Stock Exchange observed a volume of 10.26 lakh shares exchanging hands ...

Readmore

Wipro laying-off? Chairman Rishad Premji reveals hybrid model

Wipro laying-off? Chairman Rishad Premji reveals hybrid model

Bengaluru: The 43 year old Chairman of Indian tech major Wipro on Monday shared an eloquent response to a  pressing question - could Wipro be retrenching or laying-off staff?In the wake of the Covid-19 outbreak, India's famed technology-table of behemoths including leaders such as TCS, Infosys ...

Readmore

TCS results: Covid chips net-profit but company upbeat on learning, dividends, customers, and operational resilience

TCS results: Covid chips net-profit but company upbeat on learning, dividends, customers, and operational resilience

Mumbai: Tata Consultancy Services on Thursday announced the results for the quarter ending June 30, 2020. The company also announced a dividend for its investors.TCS posted revenues of Rs 38,322 crores, marginally better than the revenues of Rs 38,172 crores earned in the first quarter of 2019-20. I...

Readmore