Weekly recap: Markets end the range bound week with a gain

India Infoline News Service Oct-24-2020

Let us take a glimpse into what happened in markets over this week.

Technical and derivative: Nifty, Bank Nifty end with cuts

India Infoline News Service Oct-24-2020

Let us take a glimpse into what happened in markets over this week.

Persistent Systems Q2 revenues up 13.9%, profits up 18.5%

India Infoline News Service Oct-24-2020

Persistent Systems reported an increase of 13.92% in top line sales for the Sep-20 quarter at Rs1,007.75cr.

Nestle India Q3 operating profits 17.7% higher at Rs792.48cr

India Infoline News Service Oct-23-2020

Nestle India reported an increase of 10.13% in top line sales for the Sep-20 quarter at Rs3,541.70cr.

Sudarshan Chemicals Q2 sales recover to pre-COVID levels, profits lag

India Infoline News Service Oct-23-2020

Sudarshan Chemicals reported an increase of 0.95% in top line sales for the Sep-20 quarter at Rs428.91cr.

RBI announces new guidelines for QR Codes

India Infoline News Service Oct-23-2020

A host of new guidelines have been made by the central bank in regards to QR code.

5 things to consider before buying mutual funds for the first time

India Infoline News Service Oct-16-2020

In an effort to assist you in choosing the right mutual fund as a beginner, we have complied 5 things that you keep in your checklist.

What Mutual Funds bought and sold in September 2020?

India Infoline News Service Oct-15-2020

During the month of September, the trend was clearly against banks with most of the funds using the brief rally to exit banking stocks.

Equity mutual funds witness outflow in Sept 2020; SIPs performance declines to Rs7,788cr

India Infoline News Service Oct-09-2020

Overall, the mutual fund schemes in September 2020, registered an outflow of Rs52,090.99cr.

Mutual fund outflows continue in Sep-20 amidst uncertainty

India Infoline News Service Oct-09-2020

Here is how various categories of mutual funds fared in terms of flows.

BSE StAR MF sets a hat-trick record of positive net equity inflow in September 2020

India Infoline News Service Oct-09-2020

Transactions during Q2 of FY20-21 was 2.14 cr as compared to 1.28 cr during Q2 of FY 19-20, a tremendous growth by 67%.

SBI MF widens its leadership in the MF AUM sweepstakes

India Infoline News Service Oct-08-2020

One big story of the Sep-20 quarter is that SBI MF appears to have substantially widened its AUM gap with HDFC Mutual Fund and ICICI Prudential MF

Asian markets trade lower; IMF slashes Asias growth forecast

India Infoline News Service Oct-22-2020

Hong Kongs Hang Seng index is marginally up while South Koreas Kospi declined 0.73% and S&P/ASX 200 down 0.3%.

Asian markets trade mixed; Hang Seng index up over 0.75%

India Infoline News Service Oct-21-2020

In Japan, the Nikkei 225 added 0.33% while the Topix index gained 0.79% and Hong Kongs Hang Seng index rose 0.75%.

Asian markets mostly lower; Chinas central bank keeps benchmark lending rate unchanged

India Infoline News Service Oct-20-2020

Hong Kongs Hang Seng index sat fractionally lower by 0.14%, the Nikkei 225 declined 0.44% while the Topix index also shed 0.65%.

Asian markets gain as China releases its GDP data

India Infoline News Service Oct-19-2020

According to data released Monday by the countrys National Bureau of Statistics, Chinas third-quarter GDP grew 4.9% as compared to a year ago.

Asian markets trade subdued; Hang Seng index up ~1%

India Infoline News Service Oct-16-2020

Over in Hong Kong, the Hang Seng index jumped 0.78%, Japans Nikkei 225 was flat by 0.34%, the Topix declined 0.38%, the Kospi traded lower by 0.98%.

Asian stock markets trade lower; Hang Seng index slips over 1%

India Infoline News Service Oct-15-2020

South Koreas Kospi slipped 0.98%, Japans Nikkei 225 declined 0.55%, Hong Kongs Hang Seng index dropped 0.72% and the Topix index shed 0.47%.

US Firms optimistic approach towards investment in India & are looking at India as an engine for growth post-pandemic era

India Infoline News Service Aug-13-2020

We have steadily grown our trade relations with each other and working towards making India's vision to become a USD 5 Trillion economy in the near future.

Airtel and AWS join hands to accelerate digital transformation of businesses in India

India Infoline News Service Aug-05-2020

This collaboration brings AWS, the worlds leading cloud platform, together with Airtels deep reach and proven expertise in handling network, data centers, security, and cloud as an intergrated solution.

Sasken appoints Edwin Moses as President and COO

India Infoline News Service Aug-03-2020

I am excited to be back at Sasken, a company I regard as my alma mater and I look forward to leveraging the engineering DNA of Sasken and realize its potential to the fullest, Edwin Moses says.

PMKY 3.0 designed to be more industry friendly & will serve the growing demand of Skilled Workforce: NSDC

India Infoline News Service Jul-27-2020

We need to reskill and up skill our workforce to suit the need of Industry 4.0 and train them on the new skill sets such as AI, Internet of Things, Big Data etc. The industry needs to promote the Recognition of Prior Learning (RPL) in a big way as this would help us to solve the problem of skill workforce requirement.

Covid-19-led disruptions continue to hound MFIs: ICRA

India Infoline News Service Jul-23-2020

The presence of undrawn sanctioned lines and ramp-up in collections boost the liquidity cover for most of the MFIs, in the absence of which majority would have faced liquidity shortfall. The MFIs ability to maintain/further improve the momentum in the collection efficiency and manage the collections from portfolio under moratorium would determine the ultimate credit costs.

HKTDC organises online Summer Sourcing Week

India Infoline News Service Jul-23-2020

Our aim is to explore global opportunities for Indian companies and provide them a platform to grow businesses.

RBI Gov: India at doorstep of revival process; Financial entities have adequate capital

India Infoline News Service Oct-22-2020

Das said that both fiscal and monetary policies are on an accommodative stance.

RBI announces on tap targeted long-term repo operations

India Infoline News Service Oct-22-2020

All exposures under this facility will also be exempted from reckoning under the large exposure framework (LEF), the central bank said.

FDI equity inflow at $ 27.10 billion in April to August

India Infoline News Service Oct-21-2020

Continuing on the path of FDI liberalization and simplification, Government has carried out FDI reforms across various sectors.

EPFO adds 10.06 lakh net subscribers in August 2020

India Infoline News Service Oct-21-2020

Around 5.81 lakh members had exited and then rejoined EPFO during August 2020.

Rural India holds key to enhancing per-capita steel usage in the country: Dharmendra Pradhan

India Infoline News Service Oct-21-2020

Pradhan mentioned that rural India holds key to enhancing per-capita steel usage in the country. It will bring greater strength to society, ensure rural development and create jobs.

Recovery in Indian economy broadened and strengthened in Sept 2020: ICRA

India Infoline News Service Oct-20-2020

Electricity generation turned around to a growth of 4.2% in September 2020 from the 3.3% yoy decline in August 2020, reflecting a broader economic recovery as well as a favourable base.