News Overview

Total comprehensive income stood at Rs0.7cr for the quarter, down 48% qoq and 76% yoy and Rs9.2cr for the nine months, up 9% yoy.

JSW Steel reported group combined crude steel production at 5.35 million tonnes for Q3 FY22 compared to 5.07 million tonnes in Q2 FY22 and 4.18 million tonnes in Q3 FY21, recording a QoQ growth of 6% and YoY growth of 28%. On standalone basis, the company recorded crude steel production of 4.41 million tonnes, registering QoQ growth of 8% and YoY growth of 8%. During […]

COMEX Copper futures saw a sharp slide in last session as the US equities tumbled in early moves. A good recovery was seen in the DOW from intraday lows but the index still closed down half a percent. COMEX Copper also bounced from lows of $4.33 per pound and currently trades up 0.30% at %4.38 per pound. Asian markets are trading in a cautious manner. […]

The Indian rupee is expected to extend gains against the dollar in early trades on Tuesday, 11 January 2022 amid weakness in the dollar overseas. However, foreign equities reversal flow into the Indian markets and pessimistic global cues could add pressure on the domestic currency. On Monday, rupee surged to its strongest level in two months on the back of domestic benchmark G-sec yields tracking […]

At meeting held on 10 January 2022

In B Group

Large precious metals speculators continued to increase their net long positions in the Gold futures markets last week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC). The non-commercial futures contracts of Gold futures, traded by large speculators and hedge funds, totaled a net position of 211355 contracts in the data reported through January 3, 2022. This […]

The total operating revenue of Antony Waste Handling Cell (tipping revenue from C&T, mechanical power sweeping and waste processing) for Q3 FY22 grew about 22% Y-o-Y (year-on-year), while remaining stable on a sequential basis.

Rajiv Anand joined the Bank on May 1, 2013, from its asset management arm, Axis Asset Management Co. Ltd., where he was the Managing Director & CEO.

One 97 Communications: Number of loans disbursed through platform increased by 401 % y-o-y to 4.4 million loans in Q3 FY 2022. GMV processed through platform during the quarter aggregated to approximately Rs 2,501 billion ($33.6 billion), growth of 123% Y-o-Y compared to Q3 FY 2021. Vodafone Idea: The board of directors of the company has approved the conversion of the full amount of interest […]