Bengaluru (Karnataka) [India], Oct 15 (ANI): IT services major Wipro said on Tuesday its consolidated net profit jumped 35 per cent to Rs 2,553 crore for the second quarter (July to September) of current financial year 2019-20.
Mumbai (Maharashtra) [India], Oct 11 (ANI): JSW Steel, the flagship business of 14 billion dollar JSW Group, on Friday reported 8 per cent decline in crude steel production to 3.84 million tonnes in the April to June quarter of the current financial year.
New Delhi [India], Oct 10 (ANI): India Ratings and Research (Ind-Ra) on Thursday revised its forecast of India's gross domestic product (GDP) growth in current financial year downward to 6.1 per cent following the Central Statistical Organisation (CSO) estimating Q1 growth to be 5 per cent,
New Delhi [India], Oct 7 (ANI): Naveen Jindal-promoted Jindal Steel and Power Ltd (JSPL) said on Monday that it registered 16 per cent rise in production during second quarter (July to September) of the current financial year to 1.58 million tonnes in domestic operations with sales increasin
New Delhi [India], Oct 5 (ANI): The growth and profitability of Indian pharmaceutical companies in current financial year will be constrained by regulatory interventions like price controls in domestic market and compulsory genericisation in overseas market, according to ICRA Ratings.
Mumbai (Maharashtra) [India], Oct 4 (ANI): The interest rate cut by Reserve Bank of India (RBI) failed to boost market sentiment on Friday as equity benchmarks fell after the central bank also lowered its forecast of GDP growth rate to 6.1 per cent for the current financial year.
Mumbai (Maharashtra) [India], Oct 4 (ANI): Equity benchmark indices reversed early morning trends and turned red on Friday afternoon after the Reserve Bank of India cut repo rate by 25 basis points to 5.15 per cent but also lowered its GDP growth forecast for the current financial year to 6.
New Delhi [India], Sept 18 (ANI): The domestic steel consumption growth is expected to decelerate to about 5 to 6 per cent in the current financial year as compared to 7.9 per cent in FY19 on the back of an unprecedented slowdown in economic activity as reflected by the GDP growth tapering d
New Delhi [India], Sep 13 (ANI): The cumulative revenue growth of 642 companies in Indian corporate sector skidded to an 11-quarter low at 5.7 per cent in the April to June quarter of current financial year mainly due to weak consumer sentiments and subdued government spending on infrastruct
Neemuch (Madhya Pradesh) [India], Sept 10 (ANI): An RTI activist from Neemuch town of the Malwa region has claimed that a total of 2,480 cases of fraud in public sector banks involving more than Rs 31,800 crore have been registered in the first quarter of current financial year 2019-20.
New Delhi [India], Sept 4 (ANI): The Central Board of Direct Taxes (CBDT) has entered into 26 advance pricing agreements (APAs) in the first five months of the current financial year, according to an official statement released on Wednesday.
New Delhi [India], Sep 2 (ANI): Domestic cement growth is expected to slow down to about 7 per cent in the current financial year as reflected in relatively weak offtake seen during the first fiscal quarter (April to June), investment information firm ICRA said on Monday.