Equity funds account for 42 per cent and 52 per cent of AUMs for HDFC AMC and Nippon AMC, respectively

The industry is at the cusp of a transformation, according to an EY report that came out in the early weeks of the Covid-19 onslaught

With job losses and redundancies looming large, firms have taken to the idea of reskilling their workforce with gusto

Costs unlikely to fall; does not bode well for earnings

For the week ahead, the price of cotton seed oil cake could head towards Rs 1,990 per quintal

Oil traded at a negative price on a one-month West Texas Intermediate futures contract, but it didn't for successive months' futures contracts

Lenders say the larger challenge is to communicate to borrowers the difference between moratorium and waiver

PMI's services did contract, with trade, hospitality coming to a grinding halt, though the pace of fall in the index was not as steep as that of the core sector

According to the term sheet, an over 133 million shares - 5.7 per cent of the total equity shares - are being offered in the range of Rs 1,850-1,950 to investors through a special block window.

The earnings were better than what most of the analysts had expected. Kotak Securities, for instance, estimated the private lender to log net loss at Rs 4,404.4 crore in the quarter under review

Organic volumes for the company got severely impacted in the last 10 days of March due to the spread of Covid-19 and the subsequent lockdown restrictions, the company said.

Analysts believe the bank will be unable to maintain high AUM growth and will likely see a sharp rise in credit cost & deterioration in incremental deposit mix, amid the current lockdown

Asian Paints, Berger Paints India, Kansai Nerolac Paints and Akzo Nobel India slipped in the range of 2 per cent and 5 per cent on the BSE.

Unacademy says its internal investigation had found e-mail data of around 11 million users was compromised.

The first day impact has been more on the pharma especially in the wake of 26 workers at Cadila Pharmaceuticals Ltd.'s facility in Ahmedabad testing positive for COVID-19

HCL has provided 7,000 PPE kits complying to the SITRA and HLL specifications, 20,000 three-ply masks, 55 liters of sanitizer and two hands-free wash basins to the district administration.

Beauty products segment witnesses 0.8% decline in March, says Nielsen

GSK leads the charge with staggered return-to-work, others plans yoga sessions and health care webinars for salesperson's family

The banks together claimed over Rs 230 crore from the company, along with interest and other charges

The Mughals had expanded their rule over much of the subcontinent, while the Dutch arrived to set up the Dutch East India Company

Adani Ports arm has raised Rs 125 crore today by allotment of 1,250 rated, listed, secured, redeemable, non-convertible debentures (NCDs) of the face value of Rs 10,00,000 each

GCMMF has been achieving a CAGR of more than 17 per cent since last 10 years on the back of higher milk procurement

The deposit base of the private sector lender stood at Rs 11.46 trillion in Q4FY20 compared to Rs 9.23 trillion in the same period last year

TCS will hold its board meet the next day (April 16) for approval of its financial statements

Revenue from operations stood at Rs 15,711 crore, up 4.69 per cent against Rs 15,006.3 crore in the corresponding quarter of the previous fiscal.

Among large banks, the brokerage sees ICICI Bank's PAT declining 49 per cent QoQ to Rs 2,100 crore in Q4FY20, followed by a 68 per cent sequential decline in Axis Bank's PAT at Rs 564.6 crore.

It had reported a pre-tax profit of Rs 8,954.38 crore in the same period last financial year (Q4FY19).

Company abstains from giving annual revenue projections owing to COVID-19 uncertainties, appoints new board member

The company, which follows January-December financial year, had posted a profit of Rs 346.02 crore in the same quarter a year ago, ACC said in a BSE filing

Net profit for January-March was $376 million, far below than expectations

Shares of the company were up nearly 2%, as it kept a tight lid on costs to weather the impact of the pandemic on its business

Mindtree posted a net profit of Rs 198.4 crore in the same period last year

According to analysts at ICICI Securities, the Rs 8,800 crore-exposure to the telecom sector may cast shadow over the bank's asset quality.

Analysts at MOFSL believe the Mumbai-based bank's credit cost may stay elevated led by higher slippages. Besides, asset quality could witness some pressure along with modest loan growth.

To cushion against the uncertainties arising due to the outbreak of the coronavirus (Covid-19) pandemic, the bank has provided for Rs 260 crore under the provisions and contigencies segment

The company's total income fell to Rs 6,327.57 crore in the quarter from Rs 8,077.89 crore in the year-ago period

The private lender's net interest income (NII) came in at Rs 6,808 crore for the period under review

the bank reported a 17 per cent increase in its operating profit at Rs 5,851 crore in the March quarter

"COVID-19 is perhaps the biggest challenge for us both from the lens of sustaining lives as well as livelihoods," said Sanjiv Mehta, Chairman and Managing Director.

Revenue from operations stood at Rs 139,283 crore, down 2.30 per cent from Rs 142,565 crore in the year-ago period.

The company looks to raise Rs 53,125 crore through this rights issue, which will be the first by RIL in three decades

The Pune-headquartered company reported Rs 804 crore in consolidated net profit for the March quarter (Q4FY20), a decline of 29.1 per cent on year-on-year (YoY) basis

Underwriting losses narrowed down to Rs 29.42 crore in Q4FY20, from Rs 49.70 crore a year ago

Lower expenses drive profit number; firm had incurred a loss in the same period a year ago

The net profit of the insurer jumped 16 per cent to Rs 531 crore in Q4FY20 from Rs 458 crore because of lower tax provision

Emkay Global Financial Services expects net sales (revenue) to rise 2.3 per cent quarter-on-quarter (QoQ) and 16 per cent year-on-year (YoY) to Rs 18,552.7 crore

Earnings before interest and taxes (EBIT) stood at Rs 3,881 crore while EBIT margin came in at 20.9 per cent.

PFC and REC have lent extensively to coal-fired power projects, with Rs 3.43 trillion, or 54% of their total loan books exposed to thermal power

Sinha will have to strike a balance between the regulator (TRAI) and the industry on all issues from net neutrality to call drops

He has been involved with the UIDAI established under the Aadhaar Act and implementation of Aadhaar since September 2010