[ad_1] The decision of the Goods and Services Tax (GST) Council to reduce the rate of taxation of white goods will likely result in an annual income loss of about Rs. 250 …
Read More »ICICI Bank publishes a loss of Rs 120 cr in the first quarter: Why are the lender's April-June quarter numbers reminiscent of an old PSB trick?
[ad_1] Until recently, public sector banks (PSBs) often showed a sharp drop in quarterly profits, or even a loss, each time a new leader took over. That was because the outgoing CEO …
Read More »ICICI Bank Reports Loss of Rs 120 Cr on Bad Debts in the First Quarter
[ad_1] Posting its first quarterly loss for more than a decade, ICICI Bank today announced a net loss of Rs 119.5 crores for the three months to June due to a higher …
Read More »Idea, Vodafone pays Rs 7,249 Cr under protest to DoT for the merger
[ad_1] Inching closer to the formation of the country's largest telecom operator, Idea Cellular and Vodafone made a joint payment of Rs 7,248.78 crore under protest to the Department of Telecommunications for …
Read More »Kotak Mahindra Bank shares down nearly 4 pc, m-cap drop of Rs 9,873 cr after first quarter results
[ad_1] New Delhi, July 19 () Kotak Mahindra Bank shares fell by almost 4% after the company's net profit declined by almost 9% on a sequential basis. The stock decreased 3.69 percent …
Read More »Kotak Mahindra Bank Q1 net profit up 12.3% to Rs 1,025 cr, provisions up 130%
[ad_1] The private sector lender, Kotak Mahindra Bank, posted a 12.3% increase in its net profit estimates in the first quarter, due to a 130.5% increase in provisions. The net interest income …
Read More »ACC Q1 PAT can dive 35.4% YoY to Rs 207.8 cr: Kotak
[ad_1] Kotak published his estimates of first-quarter profits (April-June 18) for the sector Cement . The brokerage expects ACC to show a net profit of Rs. 207.8 crore down 35.4% year-on-year (down …
Read More »Escort Q1 PAT up 77.3% YoY to Rs. 111.2 cr: Kotak
[ad_1] Kotak published his first quarter (April-June 18) profit estimates for the sector Automobiles . The brokerage expects Escorts to report a net profit of Rs. 111.2 crore up 77.3% yoy (down …
Read More »The earnings of Infosys Q1 lacks estimates, falling 2% to Rs 3,612 cr; Council approves bonus problem
[ad_1] Infosys on Friday released a basket of first-quarter numbers with earnings that badysts' estimates are lacking, but a sales figure in line with estimates. Net income for the quarter decreased 2.1% …
Read More »Take Q1 PAT Solutions seen 8.5% QoQ at Rs. 50 cr: HDFC Securities
[ad_1] HDFC Securities published its first quarter (April-June 18) profit estimates for the technology sector. The brokerage expects Take Solutions to report a net profit of Rs. 50 crores up 8.5% quarter …
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