Demonetisation a big bold step, Budget must roll out stimulus

 
Demonetisation a big bold step, Budget must roll out stimulus
Demonetisation a big bold step, Budget must roll out stimulus
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Indian Markets

 
  • SENSEX

    34,545.26 71.38   (-0.21 %)
  • NIFTY

    10,588.50 25.85   (-0.24 %)
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Global Markets

 

Latest Post

 
China issues new rules governing tri-party repos

China issues new rules governing tri-party repos

Apr 25 2018

China introduced new temporary rules governing tri-party “pledge-style” bond repurchase agreements in a move to further develop the country’s bond market and manage risk.

Gold falls on dollar strength, easing North Korea tensions

Gold falls on dollar strength, easing North Korea tensions

Apr 25 2018

Gold prices fell on Wednesday as the dollar advanced towards more than three-month highs and on easing concerns over North Korea and a Sino-U.S. trade war.

Police in Chinese city seize 600 computers used to mine bitcoin

Police in Chinese city seize 600 computers used to mine bitcoin

Apr 25 2018

Police in the north China city of Tianjin confiscated 600 computers used to mine bitcoin cryptocurrency after the local power grid operator reported abnormal electricity usage.

Kobe Steel says under investigation over data tampering scandal

Kobe Steel says under investigation over data tampering scandal

Apr 25 2018

Kobe Steel Ltd said that it is under investigation by Japanese authorities over its data tampering, widening a scandal that undermined faith in Japan’s industrial sector.

Asaram case: Proceedings underway in Jodhpur jail

Asaram case: Proceedings underway in Jodhpur jail

Apr 25 2018

Proceedings are underway in Jodhpur Jail premises where a trial court judge is set to pronounce its verdict in the rape case of a teenager by self-styled godman Asaram.

Stocks In News

 

ZENSAR TECH Q4

Revenue up 9.5% at Rs 814 Cr vs Rs 743 Cr

EBIT up 79% at Rs 82 Cr vs Rs 45.8 Cr

EBIT margin at 10% vs 6.1%

Net Profit up 6.9x at Rs 74 Cr vs Rs 10.7 Cr

Other Income at Rs 26.7 Cr vs Loss of Rs 22.8 Cr

All figures are consolidated and comparable QoQ

PERSISTENT TECH Q4

Net Sales up 19% at Rs 344 Cr vs Rs 289 Cr

EBITDA up 15.7% at Rs 191 Cr vs Rs 165 Cr

EBTDA Margin at 55.5% vs 57%

Net Profit up 40.5% at Rs 142 Cr vs Rs 101 Cr

All figures are Consolidated & comparable YoY

OBEROI REALTY Q4

Net Sales up 19% at Rs 344 Cr vs Rs 289 Cr

EBITDA up 15.7% at Rs 191 Cr vs Rs 165 Cr

EBTDA Margin at 55.5% vs 57%

Net Profit up 40.5% at Rs 142 Cr vs Rs 101 Cr

All figures are Consolidated & comparable YoY

GIC HSG FINANCE Q4

PAT At Rs 60 Cr vs Rs 46.6 Cr, Up 28.8% YoY

NII at Rs 109 cr vs Rs 100 cr, up 9%

Revenue From Ops At Rs 296 Cr Vs Rs 266 Cr, Up 11.3% YoY

IDFC BANK Q4

PAT Rs 41.9 Cr vs Rs 176 Cr, Down 76% YoY

NII At Rs 453 Cr vs Rs 502 Cr, Down 10% YoY

Gross NPA At 3.31% vs 5.62% QoQ;

Net NPA At 1.69% vs 2.52% QoQ

Provisions At Rs 242 Cr vs Rs 108.6 Cr , up 2.2x QoQ

RAYMOND Q4

Revenue Rs 1,655 Cr vs Rs 1,506 Cr, Up 10% YoY

EBITDA Rs 176 Cr vs Rs 145 Cr, Up 21% YoY

EBITDA Margin 10.6% vs 9.6% YoY

PAT Rs 53 Cr vs Rs 33 Cr, Up 60% YoY

All Figures Are Consolidated

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EXCLUSIVE ARTICLES

 
Jatin Mehta Wants Government To Reconsider His Case

Jatin Mehta Wants Government To Reconsider His Case

Apr 25 2018

Fugitive Indian diamond merchant Jatin Mehta asked the Indian government to reconsider his case after he got favourable judgments from international courts in Sharjah.

Nirav Modi On Selling Spree As Arrest Is Unavoidable

Nirav Modi On Selling Spree As Arrest Is Unavoidable

Apr 25 2018

Worried his arrest is imminent, Nirav Modi has started selling off some of his international assets.

Terrorism charges filed against New York bombing suspect

Terrorism charges filed against New York bombing suspect

Apr 25 2018

The US Attorney's Office in New York has filed federal terrorism charges against a bombing suspect who was accused of detonating a pipe bomb.

Mallya offers to settle dues, banks await more clarity

Mallya offers to settle dues, banks await more clarity

Apr 25 2018

The embattled liquor baron Vijay Mallya once again offered to settle his Rs 9,000 crore debt with lenders.

Exclusive: New 1,000 note in the offing?

Exclusive: New 1,000 note in the offing?

Apr 25 2018

The specifications and security features of the new Rs 1,000 note have been finalised.