Page 1704 of Corporate Markets Archives

Changing lanes: The low probability of start-up success – and why you should still do it!

I hope this gives a guiding framework to decide whether to go all in to pursue your dream.

July 24, 2021 08:52 IST

Most state-owned entities stayed away from the market due to the liquidity buffer and support from the government.

10-year bond yields rise post RBI’s partial devolvement at auction

At Friday’s weekly bond auction, the central bank devolved Rs 11,144.145 crore on primary dealers, and accepted only Rs 2,855.855…

July 24, 2021 06:30 IST

Reliance Retail net revenues jump 19%

Ebitda margin rose to 5.8% during the quarter from 3.8% in Q1FY21. Reliance Retail posted a 123.2% year-on-year rise in…

July 24, 2021 06:15 IST

IOC-Petronas JV wants gas regulator to put HPCL’s pipeline plan on hold

IPPL, the IOCL JV for terminalling services business, has finalised plans for setting up necessary infrastructure for loading bulk LPG…

July 24, 2021 05:30 IST

HCL Technologies rating – Buy: Weak start to the fiscal for the company

Mgmt expects growth to be strong in the coming quarters; FY22/23/24 EPS down 2.4/3.2/1.1%; TP cut to Rs 1,220; ‘Buy’…

July 24, 2021 05:15 IST

DHFL has been undergoing insolvency proceedings at NCLT in Mumbai since December 3, 2019. The troubled mortgage lender has admitted claims of Rs 87,120 crore, with SBI being the lead creditor.

DHFL: NCLAT dismisses 63 Moons plea for stay on Piramal resolution plan

A two-member bench comprising its officiating chairperson Justice A I S Cheema and member Alok Srivastava rejected 63 Moons Technologies’…

July 24, 2021 04:15 IST

Yes Bank June quarter net jumps 360% on lower provisions, higher other income

“The corporate recoveries and resolutions during the quarter at Rs 1,643 crore outpaced the slippages of Rs 1,258 crore,” Kumar…

July 24, 2021 04:00 IST

Analyst Corner – ICICI Bank: ‘Buy’ with TP of Rs 780 & ADR TP of $20

Its discount to HDFCB’s vals has narrowed to 35-40%, but val at 2.1x is attractive & disc. could narrow to…

July 24, 2021 03:45 IST

After posting highest quarterly revenue growth in 5 yrs in Q1, Persistent Systems to hire 2,000 freshers this year

“We have been aggressively hiring ahead of the curve. In the last two quarters, we have hired 1,650 and 1,250…

July 24, 2021 03:30 IST

Solar and wind plants can produce green hydrogen with the help of electrolysers, and the company intends to wheel electricity from its wind power project in Rajasthan to generate hydrogen in Mathura refinery.

Indian Oil Corporation to build green hydrogen plant at Mathura refinery

State-run NTPC also plans to generate green hydrogen on a commercial scale from the electricity generated by the solar panels…

July 24, 2021 03:00 IST

Earnings before interest, taxes, depreciation and amortisation (Ebitda) for the quarter was Rs 23,368 crore, up by 38.5% annually as Ebitda for Jio Platforms increased 21.3% to Rs 8,892 crore and retail Ebitda rose 79.9% to Rs 1,941 crore.

RIL profit declines 7.3% to Rs 12,273 crore, misses estimate

Ebitda for RIL’s oil to chemical business improved by 49.8% annually to Rs 12,231 crore while its gas production business…

July 24, 2021 02:30 IST

India is one of the world’s fastest growing markets for alcoholic beverages, with an estimated market size of $52.5 billion in 2020. The market is expected to grow at a CAGR of 6.8 % between 2020 and 2023. (Representative image)

Phased reduction of alcoholic beverages tariffs needed: Icrier report

In a report titled ‘Developing Principles for Regulation of Alcoholic Beverages Sector in India’, jointly developed with PLR Chambers, Icrier…

July 24, 2021 02:00 IST

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