Saturday, October 24, 2020

Swastik Bhattacharjee

Government Reports Highest Ever FDI Collections At $35.73 Billion Between April-August 2020

Government reports highest ever FDI in April-August FY21 period In the time period of April to August 2020, India has received the highest ever the number of total Foreign Direct Investment (FDI) for the first five months of a financial...

Finance Minister Nirmala Sitharaman Urges CPSE To Meet 75% Of Planned Capital Expenditure In A Bid To Support Pandemic Hit Economy

The Finance Minister of India, Nirmala Sitharaman has urged the large Central public sector enterprises (CPSE) to meet 75 percent of their planned capital expenditure (Capex) target by December so that they support the COVID-19 hit economy and to...

L&T Technology Services Limited announced profit growth and revenue in Q2FY21

L&T Technology Services Limited (LTTS) has announced its results for the second quarter ended September 30, 2020. During this period LTTS had won 8 multi-million dollar deals in all industries segment. They also won three deals with TCV which...

Kalyan Jewellers gets SEBI approval to float IPO

SEBI, the regulatory board of India has provided Kalyan Jewellers India Ltd with the go-ahead to raise ₹ 1,750 crores through an initial share-sale. The Initial Public Offering comprises issuance of fresh equity aggregating up to Rs 1,000 crore...

China’s GDP Grows 4.9% In July-September, Global Economy Stuggles To Recover

As economies across the world struggle, China make a economic turnaround COVID-19 pandemic has led to shifts in the world economy and has pushed China even more to the forefront. The country has recovered from the COVID-19 pandemic impacted the...

Government might not extend credit guarantee scheme for MSME sector beyond October

According to the report, the government would not extend the ₹ 3 lakh crore-Emergency Credit Line Guarantee Scheme (ECLGS) for the MSME sector beyond October although the sanctioned amount so far is only 65 percent of the target. The scheme...

HDFC Bank reported 18.4 percent YoY Q2 profit of at ₹ 7,513.11; Board approves appointment of Sashidhar Jagdishan as new CEO

HDFC Bank has reported an 18.4 percent year on year (YoY) growth in profit at ₹ 7,513.11 crores for the September quarter. The profit, according to them is due to pop, NII, and lower tax rates. A year ago,...

Jet Airways set to make a comeback under new ownership

After more than one and a half years of shutting down Jet Airways is eyeing to make a comeback. The low-cost carrier has already been admitted under insolvency under the insolvency and bankruptcy code (IBC) six months back. The...

Micromax To Re-Enter Indian Market, Here’s Everything You Need To Know About The Comeback

The Indian smartphone market has gone through a lot of changes in the past ten years. While some names have stayed constant in the market, some leading players are nowhere to be found and a host of Chinese brands...

SP Group Claims “Serious Misconduct” By Tata Sons In The Parliament Redevelopment Project, Requests Thorough Investigation From CPWD

Shapoorji Pallonji Group has made serious allegations in the bid process of the parliament redevelopment project. The Mistry family-led company has alleged "serious misconduct" in the bid process of the Parliament redevelopment project which was allotted to the Tata...

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A student from Kolkata. Currently content creator at The Indian Wire.
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