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in BUSINESSMuthoot Capital Q4 results: Net profit falls 40% to Rs 14 crore on auto sector woes
Mumbai: Muthoot Capital Services, a part of the diversified Muthoot Pappachan Group, has reported 40 per cent decline in net profit at Rs 13.6 crore for March quarter due to the problems plaguing the auto sector. It logged a profit of Rs 22.7 crore in January-March, 2018-19, according to a company statement. The Kerala-based company […] More
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in BUSINESS
Bulk deals: BlackRock Advisors sells Karnataka Bank shares
New Delhi: Among the key bulk deals on Friday, investment management company BlackRock Advisors LLC sold over 16 lakh shares of Karnataka Bank. On the other hand, Wishbone Fund bought more than 80 lakh shares in Mahindra & Mahindra Financial Services from the open market. Here’s who bought and sold what in some of the […] More
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in BUSINESS
Metropolis Healthcare Q4 results: Net profit declines 56% to Rs 15.49 crore
New Delhi: Diagnostic services provider Metropolis Healthcare on Friday reported a 55.53 per cent decline in consolidated net profit to Rs 15.49 crore for the quarter ended March 31, 2020. The company had posted a net profit of Rs 34.84 crore for the corresponding period of the previous fiscal, Metropolis Healthcare said in a BSE […] More
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in BUSINESS
Dilip Buildcon Q4 results: Profit more than doubles to Rs 191 crore
New Delhi: Highways builder Dilip Buildcon on Friday reported more than doubling of its consolidated profit to Rs 190.97 crore for the March quarter. The company had clocked a profit of Rs 84.09 crore during the corresponding period of 2018-19, it said in a BSE filing. Total consolidated income during the quarter under review rose […] More
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in BUSINESS
Procter & Gamble Health Q4 results: Posts net profit of Rs 46.5 crore
New Delhi: Procter & Gamble Health Ltd (formerly known as Merck Ltd) on Friday reported a 14.15 per cent increase in its net profit to Rs 46.46 crore for the March 2020 quarter. It had posted a net profit of Rs 40.70 crore in the corresponding quarter a year ago, Procter & Gamble Health said […] More
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in BUSINESS
Andhra Paper Q4 results: Net profit up 55% to Rs 93 crore
New Delhi: Andhra Paper Ltd on Friday reported a 55.12 per cent increase in its net profit to Rs 92.92 crore for the fourth quarter ended March 2020. It had posted a net profit of Rs 59.90 crore in the January-March 2019 quarter, Andhra Paper said in a regulatory filing. Its revenue from operations was […] More
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in BUSINESS
Be careful in dealing with material info disclosure to investors: Sebi warns TCS
Mumbai:The Securities and Exchange Board of India(Sebi) has warned Tata Consultancy Services (TCS) to be careful in dealing with disclosure of material information to investors after it found the company did not disclose the extent of damages related to a lawsuit in the US. The regulator has asked the IT major to make disclosures that […] More
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in BUSINESS
RCF Q4 results: Profit jumps nearly 3-fold at Rs 142 crore
New Delhi: State-owned Rashtriya Chemicals & Fertilisers Ltd (RCF) on Friday reported nearly a three fold jump in its consolidated net profit at Rs 142.38 crore for the quarter ended March. Its net profit stood at Rs 47.16 crore in the year-ago period, the company said in a regulatory filing. Total income rose to Rs […] More
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in BUSINESS
Sebi imposes Rs 28 lakh fine on 14 individuals for fraudulent share trading
New Delhi: Markets regulator Sebi has imposed a penalty of Rs 28 lakh on 14 individuals for indulging in fraudulent trading in the shares of Gallantt Ispat Ltd (GIL). Sebi has levied Rs 28 lakh fine paid jointly or severally by 14 individuals — Motilal Ahuja, Tanu Sudan, Divesh Singh, Ashok Kumar, Sunaina, Ravi Dewan, […] More
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in BUSINESS
Global regulators’ body calls for fair disclosure by listed firms on Covid-19 impact
New Delhi: Global body of capital market regulators IOSCO on Friday called for fair disclosure by all listed companies about the impact of COVID-19 on their operating performance, financial position and future prospects to help investors take informed decisions. The International Organization of Securities Commissions (IOSCO) said in a statement it is important for investors […] More
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in BUSINESS
Symphony Q4 results: Post net profit at Rs 40 crore
New Delhi: Air cooler maker Symphony Ltd on Friday reported a consolidated net profit of Rs 40 crore for the fourth quarter ended March 2020. The company had reported a net profit of Rs 3 crore in the January-March quarter a year ago, Symphony said in a BSE filing. Its revenue from operations stood at […] More
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in BUSINESS
Wipro share price: Share market update: IT shares mixed; Wipro jumps 5%
NEW DELHI: IT shares were trading on a mixed note in Friday’s session. Shares of Wipro (up 4.89 per cent) , MPhasis (up 3.96 per cent) , Just Dial (up 2.43 per cent) , Mindtree (up 1.72 per cent) , HCL Technologies (up 1.09 per cent) and Info Edge (India) (up 0.41 per cent) were […] More
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