Srei Infrastructure Finance Limited has reported a consolidated profit after tax (PAT) of Rs. 60 crore during the quarter ended December 31, 2019 compared to Rs. 55.37 crore during the previous quarter. The company’s consolidated PAT was at Rs. 158.04 crore during the first nine months of this fin...
The total business of the Allahabad Bank as on the third quarter of 2019-20 fiscal stood at Rs. 3,93,536 crore as against Rs. 3,67,713 crore and the total deposit of the bank stood at Rs. 2,23,657 crore. The bank earned an operating profit of Rs. 897.66 crorein the third quarter of FY 2019-20 as aga...
The Syndicate Bank has reported a net profit of about Rs. 435 in the third quarter of FY 2019-20. This rise of profit has been more than 300% as compared to the same period of the last FY. Increase of operating profit by 111% compared to the same period of the last year has been one of the reasons f...
United Bank of India’s financial results of Q3, FY 2019-20United Bank of India’s total Business of Q3, FY 2019-20 stood at Rs. 208615 crore with deposits at Rs. 134624 crore and advances at Rs. 73991 crore. Deposits grew by 4.68%, advances increased by 6.79% and total business improved by 5.42% ...
Every time, the colonel bought tickets from Mrinalini Cinema Hall on Jessore Road in Dum Dum, West Bengal, he paid an additional amount of Rs 25 to the officials at the ticket counter with one request – to reserve the G5 and G6 seats for him and his wife. This was especially so when there was a Sh...
Premium Hatch - Altroz launched by Tata MotorsMarking its entry into the premium BSVI ready hatchback segment, Tata Motors launched – the Altroz. The Altroz will be available at an introductory price starting from Rs. 5.29 lakhs for the petrol version and Rs. 6.99 lakhs for the diesel version. Acc...
Federation of Indian Micro and Small & Medium Enterprises (FISME) met Nitin Gadkari, Union Minister for MSME in New Delhi recently. A memorandum of demands and suggestions were submitted.In the memorandum, it was mentioned that with regard to the Insolvency and Bankruptcy Code (IBC), the rules h...
A consistent demand for energy is pushing the oil needs in India. In 2019, the country’s oil demand grew by 2.6% to reach 211.6 million tonne (MT). India is largely dependent on crude oil imports - around 83% - and the figure is likely to rise. The International Energy Agency (IEA) recently inform...
When the country’s most premium brand announces a slew of new products in the market, well in advance of the fast-approaching Indian summer, it is time to sit up and take note of what the air-conditioner market is headed for.“Except for a few cities, most parts of India experience hot summers. E...
Economic boost through huge investments in infrastructure has been a common policy of many governments. Quite a large number of countries have been able to achieve high rates of growth by following this policy. The Modi government since its inception in 2014, also took a similar policy. Policies lik...