A view on the financial world.
Monday- 24th April 2017 Reliance Industries reported a 12.3% increase in quarterly net profit to ₹8,046 crores owing to robust petrochemical and refining margin. Jio reported a net loss for the six months as ₹22.50 crores. Owing to strong cues from French presidential elections, the Sensex rose 290.5 points to close at 29,656 points while Nifty …
Continue reading "Sensex hits 30K, Delhi HC turns down RBI, RCom-Aircel Merger – Weekly Digest #42"
Monday- 26th December 2016 eBay India reported a three times rise in the sales in 2015-16 to 392 crores. However, its loss widened from 172 crores to 262 crores this year despite various cost-cutting measures. Godrej Nature's Basket has initiated its process of shutting all the eight stores it operated in NCR. It has already closed …
Monday- 7th November 2016 Private equity firm, Warburg Pincus, has invested $75 million transport logistics provider Rivigo Services for a minority stake. ICICI Bank reported an insignificant 2.4% rise in its Q2 profit, at ₹3,102 crores, up from previous year's ₹3,030 crores. A surge in corporate bad loans nullified the gains from the sale of …
The Financial Lens 