Jun 11, 2021 09:50 AM IST
The company expects 6-8 percent in the domestic biscuit business in current fiscal, slower than the 23 percent expansion seen in FY21.
- Jun 02, 2021 05:42 PM IST
Unlocking of the economy was the key driver of job creation, but experts say that the wage subsidy scheme definitely made a contribution by encouraging establishments to hire more people
- Jun 02, 2021 02:44 PM IST
The headline numbers jumped high due to a severely low base as trade had crashed during May, 2020 when the COVID-induced lockdown was in full swing. But citing a nearly 8 percent growth after comparing with May, 2019, the government has expressed confidence that exports are well on their way towards recovery.
- May 31, 2021 10:14 PM IST
India's economy recorded a growth of 1.6 percent in the fourth quarter indicating that the economy was in a revival mode before the second wave of the COVID struck the country.
- May 31, 2021 06:21 PM IST
The sector had reported a massive contraction of 47.6 percent in the first quarter. I
- May 17, 2021 09:27 AM IST
UPL expects revenue to rise 7-10 percent in the current fiscal after clocking 8 percent growth in FY21
- May 12, 2021 05:47 PM IST
Cumulatively, India's industrial output shrunk 8.6 percent in FY21, as compared to a 0.9 percent contraction in FY20. Output shrank during 9 months in 2020-21.
- May 04, 2021 09:30 AM IST
Laurus Labs is already halfway past its $1 billion revenue target and has new capacities and products to back up its growth plan
- Apr 29, 2021 09:33 AM IST
Apart from the voluntary plant shutdown to free up oxygen supplies, Maruti has managed its manufacturing operations surprisingly well so far this year
- Apr 23, 2021 09:13 AM IST
ICICI Prudential Life is expected to clock superior growth in the current fiscal, helped by scale-up of product distribution partnerships
- Apr 20, 2021 07:16 PM IST
FY21 had witnessed a record highway construction and awarding activity with roads sector stocks rising in the range of 80- 180 percent. The performance was better than the benchmark indices such as the Nifty and the Sensex which rose by about 75 percent. Increased allocation in the Union Budget towards road construction also led to robust outlook for the sector resulting in outperformance by road sector companies. Watch the video to know which stocks to pick up in FY22?
- Apr 07, 2021 09:34 AM IST
Glenmark's revenue in India grew about 11 percent in nine months to December 2020 compared to a less than 1 percent expansion in industry sales during the same time
- Apr 05, 2021 09:48 AM IST
The company's provisional numbers show a remarkable improvement in receivables. It ended FY21 with a positive cash balance against borrowings in the previous fiscal year
- Mar 31, 2021 03:16 PM IST
Despite bettering the objective, the annual acquisition from SC/ST and women entrepreneurs, earmarked at 4 percent and 3 percent respectively, has continued to miss the target for the third consecutive financial year
- Mar 24, 2021 01:19 PM IST
Report by Soumya Kanti Ghosh says GDP figures of states might see a 7 percent reduction, if the numbers follow the MOSPI estimates for overall GDP. The report found a significant gap between the estimates and revised estimates for FY21 given by some states.
- Mar 15, 2021 05:29 PM IST
The state governments may need to utilise as much as 70-90 percent of their enhanced borrowing limits for FY2022 to meet the shortfall.
- Mar 15, 2021 10:00 AM IST
With the opening up of the economy, investors are looking for new ideas and the success of recent IPOs clearly indicates an the appetite for mid and smallcap stocks, say experts.
- Mar 01, 2021 04:09 PM IST
Analysts and exporters say chances of exports' share of the economy improving in the upcoming fourth quarter remain slim, given the slow recovery in manufacturing, and the liquidity crunch being faced by many exporters in the current quarter.
- Mar 01, 2021 02:24 PM IST
Despite GDP growing in the third quarter, the government now predicts the economy will shrink by a slightly larger margin of 8 percent in FY21, up from the earlier estimate of 7.7 percent. Economists say that this contrasting position in official statements springs from the fact that growth in key sectors are muted and COVID-19-related uncertainties remain strong.
- Jan 28, 2021 01:28 PM IST
Budget 2020 was presented before the countrywide lockdown was imposed in response to the pandemic.
- Nov 01, 2020 11:35 AM IST
During the 2019-20 financial year, DLF's sales booking stood at Rs 2,485 crore.
- Jun 05, 2020 12:35 PM IST
In a regulatory filing, the Aditya Birla Group firm said the capital and financial resources of the company remain entirely protected in spite of the adverse impact on its sales during the first two phases of the lockdown and the liquidity position remains "adequately covered".
- May 22, 2020 12:50 PM IST
Indian economy already was growing at its slowest pace in six years even before the coronavirus outbreak and the announcement of government stimulus measures falling short of expectations, the disruptions may be more.
- May 22, 2020 09:45 AM IST
The board of directors of Chennai Petroleum Corp Ltd (CPCL) have approved raising "funds through domestic bonds up to Rs 1,000 crore during the FY 2020-21 through private placement, towards balancing the short term/long term (borrowing) mix," the firm said in a regulatory filing.
- May 18, 2020 12:53 PM IST
The analysts at Bank of America (BofA) and Nomura maintained their earlier GDP estimates suggesting a contraction of 0.1 per cent and 5 per cent, respectively, for FY21 even after the announcement of the Rs 20 lakh crore economic package.