Sheela Foams Q2 operating profits up 48% at Rs89.04cr

India Infoline News Service Oct-31-2020

Sheela Foams sales dipped sharply in the Jun-20 quarter due to social distancing but the bounce in the Sep-20 quarter has taken their sales above pre-COVID levels

Relaxo Footwear Q2 net profit up 6.5% at Rs75.10cr

India Infoline News Service Oct-31-2020

Relaxo Footwear reported fall of 7.38% in top line sales for the Sep-20 quarter at Rs575.87cr

DCB Bank Q2 profits down 9.98% at Rs82.29cr on higher provisioning

India Infoline News Service Oct-31-2020

DCB Bank reported 0.98% lower revenues for the quarter ended Sep-20 at Rs970.98cr.

ICICI Q2 net profit shoots up four-fold at Rs4,882cr

India Infoline News Service Oct-31-2020

ICICI Bank reported 5.07% higher total revenues for the quarter ended Sep-20 at Rs39,321cr.

Quess Corp Q2 net falls 25% at Rs.49.93cr

India Infoline News Service Oct-31-2020

Quess Corp reported fall of 1.37% in top line sales for the Sep-20 quarter at Rs2,615.07cr.

Motilal Oswal Q2 net profit more than doubles to Rs.298.92cr

India Infoline News Service Oct-31-2020

Motilal Oswal reported increase of 29.29% in top line sales for the Sep-20 quarter at Rs811.62cr.

L&T Mutual Fund launches L&T FMP Series XX - Plan A

India Infoline News Service Oct-27-2020

This scheme is a close-ended debt scheme with an objective to seek to achieve growth of capital by investing in a portfolio of fixed income securities/debt instruments and government securities maturing on or before the maturity of the Plan.

New MF Riskometer Because what you see is not what you get!

India Infoline News Service Oct-22-2020

You open any mutual fund analysis report or fact sheet and the risk-o-meter stares at you. Risk-o-meter is a graphic representation of which bucket of risk the fund falls into.

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.

Asian markets fall after Wall Street plunge

India Infoline News Service Oct-29-2020

The Kospi index fell 0.79% and stocks in Australia also saw sizable losses as the S&P/ASX 200 dropped 1.74%.

Asian markets slip amid coronavirus cases, U.S. stimulus woes

India Infoline News Service Oct-27-2020

Mainland Chinese stocks declined in early trade, with the Shanghai Composite down about 0.37% while the Shenzhen component was fractionally lower.

Asian markets close in red

India Infoline News Service Oct-26-2020

Chinese stocks also ended in the red while Hong Kong market is closed on Monday for a holiday.

Asian markets trade mixed; Shanghai Composite down 1%

India Infoline News Service Oct-26-2020

The Kospi declined 0.59%, the Shanghai Composite down about 1.18% while the Shenzhen component added 0.4%.

Asian markets trade mostly in green; Hang Seng index gain

India Infoline News Service Oct-23-2020

Hong Kongs Hang Seng index edged 0.62% higher, the Nikkei 225 was 0.31% higher while the Topix index advanced 0.34% and South Koreas Kospi also rose 0.43%.

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%.

IFSCA Committee submits interim report on development of international retail business

India Infoline News Service Sep-22-2020

Other key business verticals, i.e., insurance, asset management, and capital markets, will be covered in reports that the committee plans to release subsequently.

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.

India's fiscal deficit at Rs9.1 lakh cr in April-September

India Infoline News Service Oct-30-2020

In an encouraging trend, the de-growth in corporation tax eased, and income tax posted a small growth in September 2020, mirroring the recovery displayed by a number of non-agricultural lead indicators in September 2020.

September eight core industries contracts for seventh consecutive month by 0.8%

India Infoline News Service Oct-30-2020

With improved mobility of people and goods, the contraction in refinery products halved in September 2020, an encouraging trend that may continue in the immediate term, Aditi Nayar, Principal economist, ICRA said.

SBI Ecowrap - Sept witnessed a big jump in labour remittances, pickup in first payroll: PMJDY accounts are also acting as a deterrent to crime

India Infoline News Service Oct-28-2020

Interestingly, the panel data model we estimated also suggests that fixed effect are more important in our model.

RBI notifies banks to follow provisions of Centre's interest scheme

India Infoline News Service Oct-27-2020

All lending institutions are advised to be guided by the provisions of the Scheme and take necessary action within the stipulated timeline, the RBI said.

RBI to issue Govt securities worth Rs23,000cr on October 29

India Infoline News Service Oct-26-2020

The base rate for the coupon payment for the period ending March 21, 2021 shall be 3.48% per annum, as per RBI.

Revised food weights in CPI(IW) reaffirm our contention of rebasing headline CPI

India Infoline News Service Oct-26-2020

However, the weights of services could jump by at least 7%, through the postulated increase in service consumption pushing up the weighted contribution of miscellaneous inflation by 42 basis points.