Revenue | The Asian Age

Friday, Apr 26, 2024 | Last Update : 09:54 PM IST

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Mounting troubles dented the stock, with shares falling as much as 6.9 per cent to 213.35 rupees, in their biggest daily percentage fall in over a month.

Jet Airways shares drop as crisis deepens

The government has asked state-run banks to rescue the airline without pushing it into bankruptcy.

20 Mar 2019 12:12 PM

DHFL rose as much as 4.4 per cent, after Chief Financial officer Santosh Sharma was redesignated to another role.

Dewan Housing shares rise; CFO moved as corporate strategy head

An auditor had earlier this month dismissed media allegations that DHFL had created shell companies to divert funds.

18 Mar 2019 11:23 AM

Five PSBs from prompt corrective action (PCA) framework of the Reserve Bank of India.

PSBs may report net profit of Rs 23,000-37,000 crore in FY20

GNPAs and NNPAs of PSBs is likely to decline to 8.1-8.4 per cent and 3.5-3.6 per cent by March 2020.

15 Mar 2019 10:27 AM

IOC had in December declared Rs 6.75 per share interim dividend alongside a Rs 4,435 crore share buyback to help the government meet its revenue targets. (Photo: AP)

Facing revenue shortfall, Govt pushes IOC, ONGC to pay 2nd interim dividend

IOC has called a board meeting on March 19 to consider paying a second interim dividend, ONGC has declined.

14 Mar 2019 9:01 AM

SpiceJet has around 12 such aircraft in its fleet. (Photo: PTI/Representational)

Spicejet tanks 8 pc after India bans Boeing 737 Max 8 planes

Shares of SpiceJet opened on a weak note at Rs 74, then fell further to touch an intra-day low of Rs 72.50.

13 Mar 2019 11:31 AM

The company had sold 55,422 units in February last year, HMIL said in a statement.

Hyundai reports 1.6 per cent decline in February sales

Domestic sales were at 43,110 units as against 44,505 units in the year-ago month, down 3.1 per cent.

02 Mar 2019 4:19 PM

India’s second-biggest with an annual production of more than 400,000 tonnes, citing air and water pollution.

Vedanta says it loses 50 million rupees daily due to smelter shutdown

Vedanta Chairman Agarwal said the company could face a loss of USD 100 million if the plant remained shut for a year.

01 Mar 2019 10:49 AM

Shares of the company dropped 6.15 per cent to Rs 211 on BSE.

Jet Airways shares plunge over 6 pc after co grounds 7 more planes

So far this month, as many as 13 planes of the company have been grounded on account of non-payment of rentals to lessors.

28 Feb 2019 12:14 PM

Company plans to invest around Rs 50 cr over the next three years for the new business and expects the revenues of the U&Us platform.

Godrej eyes Rs 1,000 cr revenue from U&Us platform by FY25

Of these, seven large format One Godrej experience centres will be operational across seven markets in FY20.

27 Feb 2019 5:56 PM

According to the agency, the sector will witness capacity addition of around 20 million tonnes per annum (MTPA) over FY19-FY21. (Representational Image)

Domestic cement sector to see modest growth in FY20: report

Between 2008 and 2018, cement demand increased at 6.15 pc CAGR, while capacity increased at 9 per cent CAGR.

27 Feb 2019 5:22 PM

Hyundai Motor plans to boost the core automotive businesses’ operating profit margin to 7 per cent by 2022, compared with 2.1 per cent in 2018.

Hyundai Motor says to lift auto operating margin to 7 per cent by 2022

Automaker plans to invest 45.3 trillion won (USD 40.48 billion) over the next five years in research and development.

27 Feb 2019 1:05 PM

Britannia Industries will replace Hindustan Petroleum Corporation in the Nifty50 index from March 29.

HPCL shares decline 3 pc; Britannia up over 1 pc on NSE rejig

The company's shares opened the day on a weak note and further declined 2.95 per cent to Rs 221.40 on NSE.

26 Feb 2019 10:56 AM

The company has so far invested about USD 2.5 million, and has till now been a boot-strapped company.

Logistics startup Dot eyes Rs 365 crore revenue in FY20

Logistics industry is growing very fast and is expected to treble to USD 3 billion over the next few years from now.

24 Feb 2019 4:28 PM

HUL is the second largest unit for the company after the US.

Unilever expects HUL to grow much faster, chip in with at least 15 pc

Unilever owns over 67 per cent in HUL which had reported sales of Rs 34,619 crore in FY18.

20 Feb 2019 5:54 PM

On the traded volume front, 12.16 lakh shares were traded on BSE, while over 80 lakh on NSE.

Emami shares zoom nearly 15 per cent as promoters sell stake

The company's shares advanced 14.80 per cent to close at Rs 407.60 on BSE.

19 Feb 2019 5:40 PM

The bank was confident of maintaining the dividend at this level.

HSBC warns on China, Britain slowdown as 2018 profit disappoints

HSBC’s profits in Asia grew by 16 per cent to USD 17.8 billion last year, accounting for 89 per cent of the group profit.

19 Feb 2019 2:31 PM

The profit for the year, however, was below an average estimate of USD 22 billion.

HSBC's 2018 profit misses estimates; China weakness poses growth risks

HSBC reported a profit before tax of USD 19.9 billion for 2018 compared with USD 17.2 billion the year before.

19 Feb 2019 11:21 AM

Yes Bank in a press release earlier last week had said the RBI has not found any divergence in the asset classification and provisioning done by the lender during 2017-18.

Yes Bank shares plunge over 8 per cent post RBI censure

Yes Bank stock recovered some of the lost ground and was trading at Rs 212.30, down 2.93 pc during the afternoon trade on BSE.

18 Feb 2019 2:18 PM

Shares of the company were the biggest gainer on both the indices during the morning trade.

Yes Bank shares zoom 30 per cent; m-cap rises by Rs 8,590 crore

The shares after opening the day on a positive note further skyrocketed 28.95 per cent to Rs 218 on BSE.

14 Feb 2019 11:49 AM

Esports has burst into the mainstream, with its own superstars and leagues, celebrity athlete owners and tournaments that sell out stadiums and award prizes worth millions of dollars. (Photo: eSports)

Global eSports revenues to top USD 1 billion in 2019

Brand investments through those three avenues will make up 82 percent - or USD 897 million - of total revenues.

13 Feb 2019 11:41 AM

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Sunil Gatade