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UltraTech Cement Net Profit Declines 45% To Rs 1,775 Crore In March Quarter

UltraTech Cement Q3 Results: The company registered a drop of 45 per cent in net profit Aditya Birla group company UltraTech Cement reported a net profit of Rs 1.775 crore…

US Dollar Share Of Global Foreign Exchange Reserves Drops To 25-Year Low: IMF

 The share of US dollar reserves held by central banks fell to 59 per cent — its lowest level in 25 years — during the fourth quarter of 2020, according…

Anupam Rasayan To Set Up Rs 43 Crore Solar Power Plant

The size of the solar power plant will be 12.5 megawatts. Speciality chemicals company Anupam Rasayan has issued a letter of intent to install solar power by investing a sum…

RBI’s Term Liquidity Can Improve Healthcare Infrastructure In Long-Term: ICRA

Price caps on COVID-19 treatment in some states can dent margins for the industry Availability of funds due to recent measures announced by the Reserve Bank of India (RBI) can…

Petrol, Diesel Prices Remain Steady On Saturday

Fuel Rates Today: Both petrol and diesel prices remained steady today across all metros After four consecutive days of price hike, petrol and diesel rates remained steady on Saturday, May…

Easing Income Tax Norms, Centre Allows Cash Payment Of Rs 2 Lakh For COVID Treatment

In order to provide relief amid the ongoing second wave of the COVID-19 pandemic in the country, the Income Tax (I-T) department announced that hospitals and nursing homes can now accept cash…

Dabur India Reports 34% Rise In Net Profit To Rs 378 Crore In March Quarter

Dabur India Q4 Results: Dabur’s revenue increased 25 per cent to Rs 2,337 crore in the March quarter Dabur India Limited announced its January-March quarter results for the financial year…

Basiz Fund Services Gets Nod From Regulatory Body To Open Branch In Gujarat GIFT City

Fund accounting services provider – Basiz Fund Services, today received authorisation from the unified regulatory body – the International Financial Services Centres Authority or IFSCA, to be registered as an ancillary…

Japan Steel Major May Form Joint Venture With JSW To Sell Electromagnetic Sheet

JSW Steel is the Indian partner of Japan’s steel major JFE Holdings Inc Japan’s second-biggest steelmaker JFE Holdings Inc will study the feasibility of forming a joint venture with its…

Indian Railways Inducts 100th ‘Made In India’ Electric Locomotive On Network

The 100th electric locomotive is named WAG 12 B with number 60100, said the Railway Ministry. Indian Railways authorities inducted the 100th ‘Made in India’ electric locomotive or e-loco in its…

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