HDFC Q3 profit jumps 4 times; provisions spike
Mortgage lender HDFC Ltd on Monday reported a 24.3 per cent rise in consolidated net profit to Rs 4,196.48 crore for the third quarter ended December. It had posted a net profit (before adjustment for minority interest) of Rs 3,377.05 crore during the corresponding October-December period of 2018-19. Total income on consolidated basis rose to Rs 29,073.19 crore during the quarter as against Rs 24,653.15 crore in the year-ago period.
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Axis Bank posts Rs 1,505 crore Q4 profit as provisions drop
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Axis Bank on Thursday reported net profit of Rs 1,505.06 crore for quarter ended March 31. The private lender had reported a loss of Rs 2,188.74 crore in the corresponding quarter last year.
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PNB reports surprise Rs 1,019 crore profit in Q1 on lower provisions
Punjab National Bank on Friday reported a surprise profit of Rs 1,018.63 crore for the quarter ended June 30 on big slump in provisions. The public sector lender had reported a loss of Rs 940 crore in the corresponding quarter last year. Analysts in an ET NOW poll projected a loss of Rs 350 crore. Provisions and contingencies declined sharply by 64.86 per cent on a yearly basis to Rs 2,023.31 crore over Rs 5,758.16 crore. The number declined 80 per cent sequentially.
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Sensex jumps 169 points, Nifty tops 11,950; YES Bank jumps 6%
Sensex rises 169 pts on gains in bank, auto stocks; Nifty tops 11,950; PCJ jumps 12%, YES Bank 6%.
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HDFC Q1 profit rises 46% YoY to Rs 3,203 crore on Gruh stake sale
Housing Development Finance Corporation (HDFC) on Friday reported 46 per cent rise in its standalone net profit of Rs 3,203 crore during April to June quarter of the current financial year (Q1 FY20). The country's largest mortgage lender had posted a net profit of Rs 2,190 crore during the corresponding period of 2018-19.
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HDFC Q2 profit up 61% YoY to Rs 3,962 cr
Mortgage lender HDFC on Monday reported a 60.57 per cent year-on-year jump in standalone profit at Rs 3,961.53 crore for the September quarter. The lender had reported Rs 2,467.08 crore profit in the same quarter last year.
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Reliance Q2 net profit jumps 18.32% to Rs 11,262 cr
Mukesh Ambani-led Reliance Industries on Friday beat Street estimates to report an 18.32 per cent year-on-year (YoY) rise in September quarter profit at a record Rs 11,262 crore on robust growth in telecom and retail verticals.Analysts in an ET NOW poll had estimated Rs 11,000 crore profit for the quarter.
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SBI Q2 profit jumps 3-fold to Rs 3,012 cr
Public sector State Bank of India on Friday posted 281 per cent jump profit for the September quarter to Rs 3,011.73 crore. The lender had posted a profit of Rs 944.87 crore in the same quarter last year.Analysts in an ET NOW poll had projected a profit of Rs 2,345 crore.Reacting to the earnings numbers, shares of the lender jumped nearly 5 per cent to Rs 275.65.
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Infosys Q3 profit jumps to Rs 4,457 cr; revenue guidance raised to 10-10.5%
Infosys on Friday beat Street estimates to report a 23.49 per cent year-on-year rise in profit at Rs 4,457 crore compared with Rs 3,609 crore posted for the same quarter last year. Analysts in an ET NOW poll had estimated the number at Rs 4,204.50 crore.
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From priority to allocation criteria: Centre releases revised guidelines for COVID vaccination drive
Govt of India releases revised guidelines for national COVID vaccination program, to be implemented from June 21. "Vaccine doses to be allocated to States/UTs based on population, disease burden & vaccination' progress. Wastage will affect allocation negatively," guidelines say.
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From priority to allocation criteria: Centre releases revised guidelines for COVID vaccination driveদ্বাৰা The Economic Times | 65929 মতামত
Suvendu Adhikari meets HM Amit Shah amid reports of post-poll violence in Bengal
Leader of Opposition in the West Bengal Assembly and BJP MLA Suvendu Adhikari called on Union Home Minister Amit Shah in Delhi amid reports of post-poll violence in Bengal.
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Suvendu Adhikari meets HM Amit Shah amid reports of post-poll violence in Bengalদ্বাৰা The Economic Times | 1510 মতামত
Uttar Pradesh: 22 patients die during alleged 'mock oxygen drill' at Agra hospital, probe on
22 Covid & non-Covid patients allegedly died following a 'mock oxygen drill' in UP. A viral video purportedly of a hospital owner in Agra has sparked a major controversy. In the video, the man is heard saying that he got oxygen supply from patients snapped for 5 mins. The man, in the video, added that this was part of an experiment to know who all will survive. Reports suggest the video is purportedly of Arinjay Jain, owner of Paras Hospital on NH 2. UP health dept has ordered a probe into the incident after the video went viral.
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Uttar Pradesh: 22 patients die during alleged 'mock oxygen drill' at Agra hospital, probe onদ্বাৰা The Economic Times | 1533 মতামত
Govt./PSU
Address by Sh. Rajeev Gupta, Secretary, Youth Affairs at "International Yoga Seminar"
Address by Shri. Rajeev Gupta, Secretary, Youth Affairs, Ministry of Youth Affairs & Sports, at the "International Yoga Seminar" organized by "Shri Ram Chandra Mission" in April, 2016
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Mr Bhupesh Baghel, CM, Chhattisgarh at #FICCIAGM
Mr Bhupesh Baghel, CM, Chhattisgarh in conversation with Dr Jyotsna Suri, Past President, FICCI at #FICCIAGM.
#FICCI #IndianEconomy #Economy #India
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India - USA Trade Statistics
Comparative Trade Statistics for the Years 2013 & 2014
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Blatant Violation of model code of conduct in Odisha
Blatant Violation of model code of conduct in Odisha
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Robotic Process Automation is transforming businesses across the world
Robotic Process Automation enables users to create software robots, or #Bots, that can observe, mimic & execute repetitive, time consuming #Digital #business processes by studying human actions.
Watch the video to know how RPA is transforming #businesses.
#ArtificialIntelligence
Robotic Process Automation is transforming businesses across the worldদ্বাৰা CII | 209908 মতামত
Launch of Gujarat Election Campaign in Ahmedabad
Launch of Gujarat Election Campaign in Ahmedabad.
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GST Council Meeting: क्या सस्ता-क्या महंगा हुआ?,Nirmala Sitharaman ने कर दिया बड़ा एलान! | Modi Govt
सोमवार को वित्त मंत्री निर्मला सीतारमण के अध्यक्षता में GST काउंसिल की अहम बैठक का आयोजन किया गया.. इस बैठक में मुख्य रूप से दो मुद्दों पर चर्चा होनी थीं…. हेल्थ इंश्योरेंस पर जीएसटी की दरें कम करने, और 2000 रुपये से कम के ऑनलाइन (डेबिट और क्रेडिट कार्ड से) ट्रांजेक्शन पर 18% जीएसटी लगाने का मामला था…. फिलहाल इंश्योरेंस प्रीमियम सस्ता होने नहीं जा रहा है, क्योंकि इस मसले पर अंतिम फैसला अगली बैठक तक के लिए टाल दिया गया है…
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