Wall Street declines ahead of US data; dollar faces heat from yen, yuan | News on Markets

Stock markets took a breather on Monday from their record highs of recent sessions as investors looked to an abbreviated trading week, capped by key US inflation data on Friday, due to the impending Easter holiday. Wall Street’s main indices kicked off the week on a lower note. Market participants are hoping that… Continue reading Wall Street declines ahead of US data; dollar faces heat from yen, yuan | News on Markets

Uttar Pradesh sees rise in education loans, outstanding amount declines | News

Uttar Pradesh is seeing a rise in education loans but a decline in the outstanding amount, signaling a robust credit flow in the sector. During the first nine months of FY24 (April to December), around 30,000 fresh education loans amounting to nearly Rs 1,028 crore were disbursed in the state. This is a… Continue reading Uttar Pradesh sees rise in education loans, outstanding amount declines | News

Metropolis Healthcare net profit declines 15% to Rs 29 crore in Q1

Metropolis Healthcare on Thursday said its net profit declined 15 per cent to Rs 29 crore for the first quarter ended June 30, 2023. The diagnostics firm had reported a net profit of Rs 34 crore in the April-June quarter of the last fiscal. Revenue from operations declined to Rs 277 crore… Continue reading Metropolis Healthcare net profit declines 15% to Rs 29 crore in Q1

Deepak Nitrite’s net profit declines by 36% to Rs 150 crore in June quarter

The company’s net profit stood at Rs 234.62 crore during the corresponding period of the previous fiscal, Deepak Nitrite said in a regulatory filing. Chemical manufacturing company Deepak Nitrite on Thursday reported a 36.1 per cent decline in consolidated net profit at Rs 149.9 crore for the June quarter. The company’s net profit… Continue reading Deepak Nitrite’s net profit declines by 36% to Rs 150 crore in June quarter

Orient Cement’s net profit declines to Rs 37.03 crore in June quarter

Orient Cement’s total expenses were at Rs 772.39 crore in Q1 of FY2023-24, up 17.73 per cent. C K Birla group firm Orient Cement Ltd on Tuesday reported a marginal decline in its net profit at Rs 37.03 crore in the June quarter. It had posted a net profit of Rs 37.41 crore… Continue reading Orient Cement’s net profit declines to Rs 37.03 crore in June quarter

Foreign players’ share in private sector capital expenditure declines

Over the past six months, the proportion of foreign companies in private sector investments aimed at the construction of new factories and facilities has diminished. This decline is a result of a surge of significant domestic announcements and a moderate slowdown in foreign capital expenditure plans, although foreign investments remain near peak levels. … Continue reading Foreign players’ share in private sector capital expenditure declines

SAT declines to grant any immediate relief to Yes Bank’s Rana Kapoor

Kapoor is presently in jail in connection with the DHFL money-laundering matter The Securities Appellate Tribunal (SAT) on Monday declined to grant any immediate relief to Yes Bank’s former MD & CEO Rana Kapoor on a recovery notice issued by the markets regulator.  The former MD & CEO of Yes Bank had filed… Continue reading SAT declines to grant any immediate relief to Yes Bank’s Rana Kapoor