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UpGrad, the largest online higher education provider in India, has raised $210 million in a new investment round from notable investors.

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State Bank of India (SBI): SBIs net profit fell 6.7% to Rs 6068 crore on 10.85% rise in interest income to Rs 7,676 crore in Q1 FY23 over Q1 FY22. Hindustan Petroleum Corporation (HPCL): HPCL posted a consolidated net loss of Rs 8557.12 crore in Q1 FY23 as against net profit of Rs 2003.90 crore in Q1 FY22. Total income rose to Rs 121829.51 crore […]

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Dollar extending weekend strength to Monday is likely to add pressure on the Indian rupee in opening trades although sustained foreign fund inflows coupled with lower crude oil prices is expected to support the domestic unit. The Reserve Bank on Friday raised the key interest rate — the third straight increase since May — in an effort to cool stubbornly high inflation and defend the […]

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Cues from foreign equity markets are negative today

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As recession worries dampened demand expectations and data indicated a gradual recovery in China's crude imports last month, oil prices fell on Monday, hovering close to multi-month lows.

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The US stocks moved mostly down on Friday, 05 August 2022, with the NASDAQ and the S&P500 indexes settling below the unchanged line after a solid jobs report weighed on tech and related stocks, while the Dow index managed to hold gain line on a jump in banking and energy stocks. At the close of trade, the Dow Jones Industrial Average index inclined 76.65 points, […]

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EPS for Q1 FY23 is at Rs13.67 this is a de-growth of 11.7% over Q1 FY22.

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The said acquisition includes entire land & buildings of Ford India, vehicle manufacturing plant and machinery & equipment situated therein, and eligible employees.

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