BHEL received two nuclear project orders
BHEL received two nuclear project orders
These orders involve manufacture and supply of four moderator Heat Exchangers and 18 D20 Heat Exchangers for the 2x700 MWe Pressurised Heavy Water Reactors (PHWRs) to be installed at Gorakhpur Haryana Anu Vidyut Pariyojna (GHAVP) in Fatehabad district of Haryana.
Essar Steel: NCLAT rejects plea of operational creditor.
Essar Steel: NCLAT rejects plea of operational creditor.
After being rejected by NCLT, the promoters moved to the National Company Law Appellate Tribunal (NCLAT). On Wednesday, even NCLAT declined the plea of an operational creditor of debt-ridden Essar Steel seeking recovery worth Rs. 800 crore.
JSW Energy to invest Rs. 6500 cr in manufacturing EV
JSW Energy to invest Rs. 6500 cr in manufacturing EV
The company reported robust growth in its December quarter net profits to Rs. 146 crore, compared to Rs. 47 crore in the year earlier period due to better realisations from both merchant and PPA customers.
RBL's Q3FY19 profit surges 36 per cent to Rs 225 cr
RBL's Q3FY19 profit surges 36 per cent to Rs 225 cr
The net interest income was up 40 per cent at Rs 655.10 crore during December quarter 2018 as against Rs 467.30 crore in the year-ago period. The net interest margin improved YoY to 4.12 per cent in the reported quarter from 3.89 per cent.
Vodafone Idea: Board approves Rs. 25,000 crore rights issue
Vodafone Idea: Board approves Rs. 25,000 crore rights issue
The board of directors of Vodafone Idea on Wednesday approved Rs. 25,000 crore fund-raising plan by way of the rights issue to existing eligible equity shareholders, the company said in a press release.
GDP growth may propel to 7.3 per cent in FY20
GDP growth may propel to 7.3 per cent in FY20
GDP growth is expected to accelerate to 7.2 per cent in 2018-19 and further to 7.3 per cent in 2019-20, according to top rating agency Crisil. The report predicts retail inflation to rise substantially to 4.5 per cent in 2019-20.
Q3 Result Analysis: Indigo registers a PAT turnaround
Q3 Result Analysis: Indigo registers a PAT turnaround
The company's net profit fell 75 per cent on year-on-year basis, as it had reported a net profit of Rs. 762 crore in the same period last year. The drop in the profit was due to 31 per cent increase in fuel cost and depreciation of the Indian rupee during this quarter when compared to the same period last year.
Indigo: PAT plunges 75 per cent in Q3
The EBITDAR for the quarter fell by 16% yoy to Rs. 1681.4 crore as against Rs. 2001.9 crore in the corresponding quarter last year, with a corresponding margin contraction of 1120 bps. EBITDAR margin for the quarter stood at 21.2%
Zensar Technologies: Profit plunges 40 per cent in Q3
Zensar Technologies: Profit plunges 40 per cent in Q3
The net profit of the firm was negatively impacted on two main counts; foreign exchange losses and lower operating margins as several of the company's deals are currently in transition.
Jet Airways: SBI is working on resolution plan, stock up
Jet Airways: SBI is working on resolution plan, stock up
Jet Airways' has delayed the payment of interest and principal instalment to the banks, following which SBI along with other banks and stakeholders has been working on a comprehensive resolution plan towards a turnaround of the company for sustained growth and restoration of financial health.