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Private equity inflow in India realty up 19% in FY21

Mumbai, April 15 | Bucking the pandemic private equity (PE) investments into the India real estate sector rose around 19 per cent in FY...

Infosys: Digital Differentiation and Large Deal Momentum Drive Industry-leading Growth in...

- Double-digit Revenue Growth Guidance of 12%-14% for FY22 - Share Buyback of ₹9,200 Crore ($1.23 bn) and Final Dividend of ₹6,400 Crore ($0.85...

Vahdam India doubles net revenue to Rs 159 cr in FY21

New Delhi, April 14 | Premium tea company Vahdam India registered a 110 per cent growth in its net revenue for FY 2020-21 at...

Maruti Suzuki sells over 1.57 lakh factory-fitted S-CNG vehicles in FY21

New Delhi, April 14 | Automobile major Maruti Suzuki India sold over 1.57 lakh factory-fitted S-CNG vehicles in FY21, the company said on Wednesday.The...

Mutual funds’ AUM surge 41% to Rs 31 lakh cr in...

Mumbai, April 14 | Assets under management (AUM) of the mutual fund industry witnessed a growth of 41 per cent in the last financial...

Companies raise Rs 1.6L cr from primary market in FY21

Mumbai, April 14 | As the pandemic hit business activities and liquidity flows, companies raised funds worth Rs 1.6 lakh crore from the primary...

Indofil Industries logs FY21 domestic sales of Rs 1,000 cr

New Delhi, April 13 | Chemicals industry major Indofil Industries recorded domestic sales of Rs 1,000 crore in financial year 2020-21.A part of Modi...

Base effect pushes March YoY auto sales higher, but FY21 numbers...

New Delhi, April 12 | Base effect, along with low interest rates and pent-up demand, accelerated domestic passenger vehicle sales in March 2021 on...

TVS Motor moped sales down in FY21

Chennai, April 12 | The total production and sales of moped for TVS Motor Company Ltd declined last fiscal slightly as compared to the...

FY21 net tax collection at Rs 9.45L cr, exceeds revised estimates

New Delhi, April 9 | The provisional figures of direct tax collections for the financial year 2020-21 showed that net collections are at Rs...

Stock market saw sectoral rotation between 1st, 2nd half of FY21

Mumbai, April 6 | As the Indian equity market surged to new highs in just-ended financial year 2020-21, a look at the market trend...

India attracts over $72 bn FDI in April-Jan FY21

New Delhi, April 5 | India has attracted record total FDI inflow for the first ten months of a financial year in 2020-21.Accordingly, the...

Metal stocks boom may continue after dream run in FY21

Mumbai, April 4 | Metal stocks turned out to give the best returns in the pandemic-struck FY 2020-21. Analysts now feel the bull run...

Metal, auto, tech stocks top sectoral gainers in FY21

Mumbai, April 2 | As the Indian stock market surged to new highs in FY 2020-21 amid a bull run, the top gainers in...

India records highest ever FII inflows in FY’21

New Delhi, April 1 | India recorded the highest ever FII inflows of $37.6 billion in financial year 2021, greater than the cumulative inflows...

Govt gets Rs 32,835 cr from disinvestment in FY21

New Delhi, March 31 | The Centre has received a total of Rs 32,825 crore through disinvestment in the financial year 2020-21.As the disinvestment...

GVA growth more accurate than GDP numbers for FY21: DEA

New Delhi, March 5 | The Department of Economic Affairs (DEA) of the Finance Ministry has said that following the growth of Gross Value...

Fiscal figures point towards lower than estimated FY21 deficit

New Delhi, March 4 | Latest revenue as well as expenditure figures point towards a lower than estimated fiscal deficit for FY21, said the...

EPFO keeps interest rate unchanged at 8.5% for FY21 (Lead)

New Delhi, March 4 | In a major relief for India's working class, the Employees' Provident Fund Organisation (EPFO) has decided to keep interest...

‘Improved economic environment to boost FY21 credit growth’

New Delhi, Feb 27 | Improved economic environment in 2HFY21 and the Centre's focus on higher spending especially on infrastructure will give a boost...

Arman Financial Declares Q3 & 9M FY21 Results

- Q3 Disbursements Grow 260% Sequentially - Accelerated Provisioning to minimise Future Volatility   AHMEDABAD, India, Feb. 15, 2021 /PRNewswire/ -- Arman Financial Services...

Centre to infuse Rs 3,000 cr in PSU general insurers in...

New Delhi, Feb 14 | In a bid to improve the financial condition of the state-run general insurance companies, the Finance Ministry will put...

Sharper contraction of India’s GDP expected in FY21

New Delhi, Feb 10 | The Indian economy is likely to witness a sharper contraction in the current fiscal as the Global Economic Conditions...

SBI Q3 FY21 net profit down 7% YoY

Mumbai, Feb 4 | Lending major State Bank of India (SBI) on Thursday reported a decline of 6.93 per cent in net profit for...

Economic Survey FY21 slams ‘biased’ sovereign credit ratings

New Delhi, Jan 29 | Coming down hard on sovereign credit ratings, the Economic Survey 2020-21 said that the ratings do not reflect the...

India’s FY21 GDP to contract 7.7%, says Economic Survey

New Delhi, Jan 29 | India's GDP is estimated to contract by 7.7 per cent during the current fiscal, said the Economic Survey 2020-21...

Excise duty collection surges 48% in FY21 on high fuel levies

New Delhi, Jan 17 | As the government has kept excise duty on petrol and diesel elevated amid the pandemic with a view to...

Dec auto registrations log positive growth, first time in FY21

New Delhi, Jan 11 | Vehicle registrations in December 2020 logged an 11 per cent growth on a year-on-year (YoY) basis, the first positive...

OMCs may see earnings erode in Q3 FY21

New Delhi, Jan 9 | After having a good run in most parts of the Covid-19 affected year, oil marketing companies may see an...

Covid Struck: India’s FY21 GDP expected to contract by 7.7% (Ld)

New Delhi, Jan 7 | India's First Advance Estimate of national income on Thursday showed a contraction of 7.7 per cent in real GDP...

Covid Struck: India’s FY21 GDP expected to contract by 7.7%

New Delhi, Jan 7 | India's first advance estimate of national income on Thursday showed a contraction of 7.7 per cent in real GDP...

Microfinance sector’s loan portfolio shrinks in Q2, FY21

New Delhi, Jan 7 | The gross loan portfolio (GLP) of India's microfinance sector witnessed a de-growth of 1.15 per cent in the July-September...

APY enrolments cross 52 lakh till now in FY21

New Delhi, Jan 4 | The Pension Fund Regulatory and Development Authority (PFRDA) on Monday said that more than 52 lakh new subscribers have...

Green Drive: EESL to set-up 500 more EV charging stations in...

By Rohit VaidNew Delhi, Dec 31 | Power PSUs' joint venture EESL plans to install at least 500 more electric vehicle (EV) charging stations...

India’s FY21 GDP now expected to contract by 7.8%: Ind-Ra (Lead)

New Delhi, Dec 24 | India Ratings and Research on Thursday narrowed the contraction in India's FY21 gross domestic product (GDP) growth to negative...

India’s FY21 GDP now expected to contract by 7.8%: Ind-Ra

New Delhi, Dec 24 | India Ratings and Research on Thursday narrowed the contraction in India's FY21 gross domestic product (GDP) growth to negative...

NCAER projects GDP contraction of 7.3% in FY21

New Delhi, Dec 21 | The National Council of Applied Economic Research (NCAER) has estimated that India's GDP is likely to contract by 7.3...

India’s FY21 GDP to contract by 7.8%: ICRA (Lead)

New Delhi, Dec 17 | India's FY21 GDP is expected to contract at 7.8 per cent, ratings agency ICRA said on Thursday.As per the...

India’s FY21 GDP to contract by 7.8%: ICRA

New Delhi, Dec 17 | India's FY21 GDP is expected to contract at 7.8 per cent, said ratings agency ICRA on Thursday.According to the...

Crisil revises India’s GDP contraction to 7.7 pc in FY21

New Delhi, Dec 14 | With a sharp recovery seen in GDP contraction in the second quarter period, rating agency Crisil has revised upwards...

Poultry profitability expected to improve by 200 bps in FY21: Crisil

Mumbai, Dec 10 | The profitability of the poultary sector is expected to improve by 200 bps in FY21, rating agency Crisil Ratings said...

Market rally widens, 24 stocks underpin most of BSE-100’s FY21 performance

Mumbai, Dec 9 | As the Indian equity market bucked the pandemic-induced slowdown and surged to new highs in the current financial year, an...

Fitch raises India’s FY21 GDP forecast to (-) 9.4% (Lead)

New Delhi, Dec 8 | Global credit rating agency Fitch on Tuesday raised its FY21 GDP growth forecast for India by predicting a narrower...

Domestic poultry industry likely to post healthy FY21 profits: ICRA

New Delhi, Dec 7 | The domestic poultry industry is expected to post healthy profits during FY21 after a near washout in profits in...

RBI revises FY21 growth to (-)7.5% on current recovery rate, vaccine...

Mumbai, Dec 4 | The Reserve Bank of India (RBI) has revised the real GDP growth projection for FY21 upwards to (-) 7.5 per...

India’s aviation industry’s expected FY21 net loss at Rs 210 bn:...

New Delhi, Dec 3 | India's aviation industry is expected to report a net loss of Rs 210 billion in FY21, credit rating agency...

Organised F&G retail’s FY21 revenue expected to decline by 5-10%: Ind-Ra

New Delhi, Nov 30 | The revenue of India's organised food and grocery (F&G) retail is expected to decline by 5-10 per cent in...

Bharti AXA Life post 10% growth in renewal income at Rs...

New Delhi, Nov 30 | Leading private life insurer Bharti AXA Life Insurance Monday said the company registered 10 per cent growth in its...

Total FDI inflow during Q2 FY21 stands at $28.1 bn (Ld)

New Delhi, Nov 28 | The total foreign direct investment (FDI) during the second quarter of financial year 2020-21 stood at $28.10 billion, out...

PSUs hit 39% of FY21 CAPEX target, FM calls for more...

New Delhi, Nov 27 | Central Public Sector Enterprises (CPSE) have achieved 39.4 per cent of their capital expenditure (CAPEX) target with an expenditure...

Business

Airtel Payments Bank increases day-end balance limit to Rs 2 lakh

New Delhi, April 18 | In line with the Reserve Bank of India's (RBI) guidelines, Airtel Payments Bank on Sunday announced that it has...