Business, Companies, 26th Jul 2019, News & Stories from India

Saturday, Apr 20, 2024 | Last Update : 12:18 AM IST

Business Companies 26 Jul 2019

Business, Companies, 26 Jul 2019

Vedanta's Chief Executive Officer Srinivasan Venkatakrishnan, at the post-earnings conference call, said the primary reason for the drop in profit was decline in commodity prices.

Vedanta Q1 profit drops 11.8 per cent to Rs 1,351 crore

Vedanta had posted a consolidated profit 'attributable to owners of Vedanta Ltd' of Rs 1,533 crore in the year-ago period.

26 Jul 2019 7:08 PM

The revenue of Vodafone Idea for the June 2019 quarter fell to Rs 11,269.9 crore as against Rs 11,775 crore logged in the January-March 2019 quarter.

Vodafone Idea narrows Q1 loss to Rs 4,873.9 crore

The company had registered a loss of Rs 4,881.9 crore in the fourt quarter of 2018-19, Vodafone Idea Ltd said.

26 Jul 2019 6:37 PM

In 2018-19, RIL's refining margin at USD 9.2 per barrel remained relatively strong even in a dynamic volatile market.

Reliance's refinery complexity index rises to 21.1

Complexity index designates capabilities of a refinery to upgrade lowest quality crude to highest quality refinery products.

26 Jul 2019 5:54 PM

Bajaj Finance on Thursday reported its highest-ever quarterly consolidated net profit to Rs 1,195 crore during the first quarter ended June 30.

Bajaj Finance shares zoom over 7 pc after Q1 results

The company's scrip rallied 7.20 per cent to close at Rs 3,265.85 on the BSE.

26 Jul 2019 5:44 PM

Shares of the company were trading at Rs 2,665, up 4.71 per cent from its previous close on the BSE.

Bajaj Auto Q1 net profit drops 3 per cent at Rs 1,012 crore

The company had posted a net profit of Rs 1,041.77 crore during the same period of previous fiscal.

26 Jul 2019 3:30 PM

Revenue from sale of products was at Rs 18,738.8 crore as compared with Rs 21,813.8 crore earlier, down 14 per cent.

Maruti Q1 net dips 32 per cent at Rs 1,377 crore

The company sold a total of 4,02,594 vehicles during the quarter, lower by 17.9 per cent.

26 Jul 2019 3:21 PM

Bank had posted a net loss of Rs 940 crore during the corresponding April-June period of 2018-19.

PNB returns to black, posts standalone net profit of Rs 1,019 cr in Q1

Total income rose to Rs 15,161.74 crore during the June quarter of 2019-20, as against Rs 15,072.41 crore.

26 Jul 2019 3:16 PM

Here’s the comparison of pricing, streaming quality and download options to help you pick from the Netflix, Hotstar and Amazon Prime Video streaming services.

Which is the best streaming service content-wise, price-wise: Netflix, Hotstar, Amazon Prime?

Netflix is also getting a tough competition from Amazon Prime Video as the 2 worldwide players look to expand their reach in Indian market.

26 Jul 2019 2:26 PM

I think the credit flow will gather greater momentum very soon, said RBI governor Shaktikanta Das.

Bank lending to non-bank firms set to gather pace: RBI governor

RBI was closely monitoring top 50 NBFCs, and had a good understanding of cash flows of these firms, said Shaktikanta Das.

26 Jul 2019 1:30 PM

Australia’s Civil Aviation Safety Authority (CASA) said the precautionary suspension was triggered by initial information that the plane had broken up in flight.

Aviation regulators free up Mahindra's GA8 planes to fly

The single-engine GA8 is made in Australia by Mahindra Aerospace, a unit of India’s Mahindra and Mahindra Ltd.

26 Jul 2019 12:44 PM

Snapdeal has more than five lakh registered vendors who have more than 200 million products in the market, said Snapdeal senior vice president (corporate communications) Rajnish Wahi.

Snapdeal adds over 60,000 new vendor partners in 2 years

Share of online shopping in retail business is 2-3 pc, which could to increase to 10 pc by 2025, said Snapdeal's Rajnish Wahi.

26 Jul 2019 12:30 PM

Revenue from seller services grew 23 per cent to USD 12.0 billion in the second quarter.

Amazon's push for one-day delivery dents profits, costs up 21 per cent

The cost slightly exceeded the USD 800 million Amazon had forecast it would spend on the initiative in the second quarter.

26 Jul 2019 11:18 AM

Aramco and the United Arab Emirates’ national oil company ADNOC teamed up with state-run Indian refiners last year in a plan to build a 1.2 million barrel per day refinery. (Representational Image)

Saudi's Falih says Reliance-Aramco talks on Indian refinery stake continue

The plan has faced delays as farmers refused to surrender land, forcing the Maharashtra government to find a new location.

26 Jul 2019 9:25 AM

The revised charges will be applicable from September 1.

SBI to revise export transactions related service charges from Sep 1

SBI has taken into consideration the views and representations from various export promotion councils.

26 Jul 2019 8:56 AM

During the quarter under review, total income of the Tata Steel BSL was at Rs 4,359.36 crore.

Tata Steel BSL reports Rs 111 crore net profit in June qtr

The total income stood at Rs 4,646.15 crore during April-June period of 2018-19.

26 Jul 2019 8:47 AM

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Shobhaa De