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    1. Business News
    2. Authors
    3. fe bureau

    FE Bureau

    Net interest income improved 18% to Rs 687 crore from Rs 584 crore.
    Karur Vysya Bank net profit zooms multifold to Rs 185 crore in Q3

    Net interest margin stood at 3.68%. Non-interest income (excluding treasury profit) improved to Rs 209 crore, compared with Rs 197…

    By FE Bureau
    February 1, 2022 00:15 IST
    union budget, budget 2022, nirmala sitharaman, finance minister, economic survey, parliament, budget session
    When is Budget 2022? How to watch budget speech of Nirmala Sitharaman?

    Budget 2022: The Budget will be presented on Tuesday, February 1, 2022 by Finance Minister Nirmala Sitharaman.

    By FE Bureau
    January 31, 2022 17:20 IST
    In tonnage terms, container volumes logged a stronger 11.4% CAGR over Dec 2019-Dec 2021 (+13.7% m-m).
    Data monitor: Major port volumes up sequentially in Dec

    Container volumes (+13.7% m-m) and POL (+6% m-m) were the key contributors to the sequential increase.

    By FE Bureau
    January 31, 2022 06:30 IST
    The recovery is somewhat uneven; even as the IT services companies continued to turn in splendid results, business was dull at Bhel where order inflows were weak due to delays in tendering. At Larsen & Toubro, order inflows during Q3FY22 were a shade below estimates.
    Q3 report card: High costs dent profit margins of India Inc

    Top-line growth was impressive as companies were able to push through price hikes even if the growth in volumes was…

    By FE Bureau
    January 31, 2022 05:00 IST
    Thillai Rajan A, professor at IIT Madras and co-founder, YNOS Venture Engine
    Fund Raise: Helping startups start up smart

    YNOS leverages advanced data science techniques and marker analytics to provide key customised insights to startup founders, venture investors and…

    By FE Bureau
    January 31, 2022 01:00 IST
    The manufacturers have stated that several companies approved under the productivity-linked incentive (PLI) scheme for large-scale electronics manufacturing have made significant investments and have ramped up production to meet the high production threshold targets already.
    High import duties to hurt PLI scheme, rationalise in Budget: Mobile players

    While acknowledging the necessity of placing basic customs duty (BCD) on mobile phones, and supporting its continued levy at 20%…

    By FE Bureau
    January 30, 2022 06:30 IST
    “State Bank of India seems to have issued guidelines preventing women who are over 3 months pregnant from joining service and have termed them as ‘temporarily unfit’. This is both discriminatory and illegal. We have issued a notice to them seeking withdrawal of this anti-women rule,” tweeted Swati Maliwal, chairperson of DCW.
    Facing criticism: SBI puts notice on pregnant women recruitment on hold

    Circular said over 3-month pregnant women unfit to work

    By FE Bureau
    January 30, 2022 06:15 IST
    The Q3 quarterly sales figures also include Rs 676.3 crore pertaining to revision of energy charges, impact of rewarding regulatory orders and other adjustments.
    NTPC Q3 profit up 25% to Rs 4,132 cr

    The company sold power at an average tariff of Rs 3.91 per unit in the same period.

    By FE Bureau
    January 30, 2022 05:45 IST
    DealShare operates over 100 warehouses in the 10 states it operates in, and plans to expand its warehousing from 2 million square feet today to 20 million square feet over the next 12 months.
    Series E fund: DealShare raises $165 m in fresh round of funding

    Company now valued at over $1.6 billion

    By FE Bureau
    January 30, 2022 04:45 IST
    Ramachandra Guha, Historian
    Civil service, judiciary, media are performing at below optimum levels…framers of Constitution would’ve been horrified: Ramachandra Guha

    Ramachandra Guha on the Indian Republic, deepening of democracy, undermining of public institutions, rewriting of history, and the abandoning of…

    By FE Bureau
    January 30, 2022 03:45 IST
    Chemplast Sanmar said that it has embarked on low-cost future expansion leveraging existing land and infrastructure facilities. The company has drawn up capex plan of around Rs 620 crore, up to a period of 2025.
    Chemplast Sanmar net up 48% to Rs 237 cr; lines up Rs 620-cr capex till 2025

    On the suspension PVC resign front, capacity de-bottlenecking at Cuddalore at a capex of Rs 23.5 crore is underway and…

    By FE Bureau
    January 30, 2022 03:15 IST
    Nissan Magnite Exports
    Magnite sees rapid expansion overseas: Nissan

    Nissan India has announced that the Magnite is now exported to 15 global markets. The company has also received 78,000…

    By FE Bureau
    January 29, 2022 08:49 IST
    New CEA V Anantha Nageswaran
    On Board: V Anantha Nageswaran takes over as new CEA

    The new CEA comes at a time when the Covid-ravaged economy is recovering from its worst contraction in recorded history…

    By FE Bureau
    January 29, 2022 06:30 IST
    The rest will be for multi-year plans related to devices and other programmes around digital inclusion.
    Tech Synergy: In digital push, Google to invest $1 billion in Bharti Airtel

    To pick up 1.28% stake in telco for $700 million, invest $300 million for digital offerings

    By FE Bureau
    January 29, 2022 06:15 IST
    Kumar Mangalam Birla
    Unit economics will have to matter: KM Birla

    In an article, “My reflections’, the Aditya Birla Group chairman forsees an upsurge in capital expenditure across sectors in the…

    By FE Bureau
    January 29, 2022 06:00 IST
    Advances as of Q3 stood at Rs 19,687 crore and marked a growth of 13% y-o-y, while 81% of advances have been secured loans. The bank reported quarterly disbursement of Rs 2,861 crore.
    Equitas Small Finance Bank’s PAT down 3% in Q3

    As of December 31, 2021, the total CRAR was at 21.91%, with tier-I CRAR at 20.66% and tier II CRAR…

    By FE Bureau
    January 29, 2022 05:30 IST
    The chemicals segment contributed 93% of the total profit during the quarter. However, the fertiliser segment faced challenges due to uncertainties around raw material availability and costs.
    Deepak Fertilisers Q3 profit zooms 103% to Rs 103 crore

    The rise in net profit was due to margin expansion in the chemicals segment, chairman and MD Sailesh C Mehta…

    By FE Bureau
    January 29, 2022 05:15 IST
    Total income stood at Rs 1,702 crore as against Rs 1,439 crore in the year-ago period, logging an increase of 18%.
    Shriram City PAT up 5% to Rs 293 crore; Q3 witnesses best ever disbursements

    Collection efficiency stood at 103% in the quarter. Asset quality continued to show improvement

    By FE Bureau
    January 29, 2022 04:30 IST
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    Latest News

    Consumer sector sees surge in CEO transitions

    Infosys Promoters, Including Nilekani and Sudha Murty, Opt Out of Rs 18,000 Crore Share Buyback

    Infosys promoters to skip Rs 18, 000-cr share buyback

    RBI Brings QR Codes and PoS Under Regulation: New Master Direction Formalizes ‘Physical’ Payment Aggregators.

    UPI volumes at new high on GST cut, festive push

    Say bye to linear growth

    NHRC Takes Suo Motu Cognizance of Attacks on Three Journalists in Kerala, Manipur, and Tripura.

    NHRC takes suo motu cognisance of journalists’ assault, sends notice to police chiefs of three states

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