On Tuesday, 1 February 2022, Tech Mahindra reported a rise in consolidated net profit by 4%, amounting to Rs. 1,368 crores during Q3 ended December 2021. The net profit was Rs. 1,309 crores during the same time back in 2020. Scroll through this blog to get an extensive overview of Tech Mahindra! What About Tech …
HDFC’s Q3 results are out, and it looks like the company has beaten market estimates for its net profit. Net profit increased by around 11% year-on-year, standing at Rs. 3,261 crores. Moreover, reduced tax expenses helped this company’s bottom line. The tax expenses came at Rs. 787.5 crores for the December quarter as compared with …
Leading FMCG brand Dabur India has accomplished a net profit of Rs. 504.35 crores during quarter 3, ended in December 2021 ─ a 2.19% rise from the preceding year. During the October-December quarter of 2020, this company’s net profit amounted to Rs. 493.50 crores. Read through to get a comprehensive overview of Dabur! What About …
During 3rd quarter, DLF Ltd flourished with Rs. 381.50 crores net profit. Its Q3 ended on December, marking increased demand in the housing sector. Stay in this blog to know more about this entity! How Much Revenue Did DLF Generate? In Q3 ended December 2020, DLF has made Rs. 450.10 crores profit amidst lockdowns. This …
The Budget 2022, which was presented in the Parliament, brought about various changes in the tax slabs, which included a hike in the standard deduction and the exemption limit. While none of these was mentioned in the budget speech, the Finance Minister got something else instead. Honourable FM Nirmala Sitharaman said that the government will …
The Honorable Finance Minister Nirmala Sithraman presented the budget today, February 1, 2022. Along with many other announcements, the FM talked about Emergency Credit Line Guarantee Scheme (ECLGS). The government’s emergency credit scheme, which was launched to support the credit needs of sectors hit by the pandemic, will be extended for another year up to …
On Monday, i.e., 31 January 2022, Auto player Tata Motors posted a consolidated net loss amounting to Rs. 1,516 crores for the third quarter of FY 2022. During the same quarter previous year, the company had reported a net profit worth Rs. 2,906.5 crores. Resultantly, Tata Motors share price fell over 3% during the early …
On 28 January 2022, Kotak Mahindra Bank informed the public of a rise in net profit to Rs. 2,131 crores which was a tad above the analysts’ expectation of Rs. 2,073 crores. This also happens to be a 15% year-on-year increase in net profit. To know more details about this story, read below. Key Highlights …
The Securities and Exchange Board of India has suggested a framework to supervise Environment, Government and Social (ESG) rating providers. The market regulator seeks to tighten the rules as the ESG providers plan on minimising the risk of greenwashing and misuse of company ratings. Are you interested in knowing more about this topic? Read on …
On Monday, 24 January 2022, the Indian stock market benchmarks- Sensex and Nifty 50 continued to slip for the fifth straight session. All Asian stock markets plunged amid weak global cues as investors braced themselves for a Federal Reserve meeting expected to confirm monetary withdrawal from global stock markets. Sensex crashed by 2000 points intraday …
