Oct 01, 2021 12:42 PM IST
OYO last published its annual result in 2019 when its loss stood at Rs 2,525 crore and total income Rs 6,518 crore.
- Sep 30, 2021 04:40 PM IST
For the current year, Finance Minister Nirmala Sitharaman has budgeted a fiscal deficit target of Rs 15.07 lakh crore, or 6.8 percent of nominal gross domestic product.
- Sep 27, 2021 03:16 PM IST
Officials told Moneycontrol that although expenditure may be higher than budgeted this year, the Centre’s fiscal position is ‘more than comfortable’ and there is enough firepower for further economic support to some sectors
- Sep 01, 2021 01:42 PM IST
This is the second consecutive month that GST collections are above the Rs 1 lakh crore mark, indicating that economic recovery post the second wave of Covid-19 is well underway.
- Aug 11, 2021 01:42 PM IST
Acknowledging that high GST rates are impacting the automotive sector, Bajaj said the GST Council would look at solutions to bring down rates which are very high, take out certain items from the tax-exempt category and correct the inverted duty structure.
- Jul 28, 2021 02:40 PM IST
IT giant Tech Mahindra will hand in its Q1FY22 report card on July 28, 2021. According to street estimates, TechM’s performance is likely to be relatively weaker than its tier-1 tech peers. Watch the video to find out what to expect.
- Jul 26, 2021 03:12 PM IST
The growth would however be on the low base of the last two fiscals and will look optically strong because of the exceptionally weak first half of the financial year 2020-21.
- Jul 23, 2021 12:10 PM IST
It said it had returned to service revenue growth in Europeas well as Africa, with demand seen in both consumer and business.
- Jun 30, 2021 08:15 PM IST
Despite the spectacular rally with its stock price rising from Rs 120 in June last year to Rs 375 currently, there is more room for strong upside given the attractive valuation. Among different asset classes catered to by NBFCs, home loans have the least credit cost and are less risky. Hence Repco generating ROE above 15 percent should command higher valuation.
- Jun 29, 2021 07:48 AM IST
IFGL is a proxy play for the increased production of steel, likely to be seen in FY22 and FY23. Investors can accumulate this stock and add on decline. We had also recommended IFGL back in April 2021. We expect revenue growth of 10 percent and 12 percent respectively for FY21 and FY22. IFGL is trading at a P/E multiple of 14x/11x FY22E and FY23E respectively.
- Jun 09, 2021 08:36 AM IST
Apart from a handful of large companies that have made a mark in OEM and after-sales in international markets, the industry is dotted with medium and small enterprises, which thrive on the domestic supplies and after-sales market for business
- May 30, 2021 01:52 PM IST
Pointing to a broad cross section of issues, ranging from the design of the GST Network that he said makes it harder for MSME firms to integrate fully, an enforcement model fragmented between Union & State government inspectors, to the enacting of laws with 'draconian' enforcement actions, Thiagarajan repeatedly stressed the current GST model does not serve the interests of the taxpayers.
- May 12, 2021 08:12 PM IST
Long-term investors looking for a growth story in the banking space should buy CSB Bank’s stock on dips. Find out why.
- May 07, 2021 05:59 PM IST
In this edition of Ideas for Profit, we tell you why Moneycontrol Research desk pegs Coforge as its favourite mid-cap IT stock despite the recent run up.
- Apr 28, 2021 07:32 PM IST
With healthy provision cover, reasonable buffer to face Covid-led disruptions, adequate capital and excellent liability to propel growth, Axis Bank appears to be at a vantage position to accelerate the growth pedal in the post Covid era
- Apr 27, 2021 10:55 AM IST
The company had said it delivered a record 184,800 vehicles globally in the January to March quarter, beating market expectations on strong demand from China.
- 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 20, 2021 05:57 PM IST
Airlines were looking at a good summer recovery but the rising number of COVID-19 cases and the consequent restrictions along with curfews have led to a sharp decline in passenger traffic. Watch the video to know how the aviation sector is fighting for its survival.
- Apr 12, 2021 09:34 PM IST
Tata Consultancy Services has reported a 6.3% sequential growth in Q4 FY21 consolidated profit at Rs 9,246 crore, driven by better-than-expected growth in revenue and operating income. While its revenue numbers came in line with estimates, it reported the highest ever order book value and hiring during the quarter. Moneycontrol's Chandra R Srikanth with the highlights.
- Apr 06, 2021 02:35 PM IST
Ajai Seth’s appointment as economic affairs secretary raises questions as to who will be designated as the finance secretary. Seth, Expenditure Secretary TV Somanathan and DIPAM Secretary Tuhin Kanta Pandey are all from the 1987 batch.
- 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
- Apr 01, 2021 02:10 PM IST
A 27 percent year-on-year growth has been recorded in the collection of GST last month.
- Apr 01, 2021 09:36 AM IST
Adani Transmission has significantly narrowed the gap in market cap with Power Grid Corporation of India, despite the companies differing significantly on revenues and asset base
- Mar 31, 2021 04:37 PM IST
Finance Minister Nirmala Sitharaman had, in her 2021-22 Union Budget, revised the fiscal deficit target for the current fiscal year to Rs 18.49 lakh crore, or 9.5 per cent of real gross domestic product, compared to budget estimates of Rs 7.96 lakh crore or 3.5 percent of GDP.
- Mar 25, 2021 09:51 AM IST
The revenue and operating profit of airport operators will improve after a massive fall in current fiscal. But they are not expected to reach pre-pandemic levels before FY23.