Tag Archives: Rs

IndoStar Capital Finance raises Rs 1,225 crore

New Delhi: Non-banking financial player IndoStar Capital FinanceNSE -0.43 % on Wednesday said it has raised Rs 1,225 crore equity capital from Brookfield, an alternative asset manager. The investment by Brookfield in the retail-focussed NBFC is a combination of primary investment in equity shares and compulsorily convertible preference shares (CCPS). With this investment, Brookfield will become a co-promoter with 24.6 ... Read More »

Sundaram Finance Q3 PAT rises 4% to Rs 253 crore

Non-banking finance company Sundaram FinanceNSE -2.02 % Ltd on Tuesday reported a 3.8 per cent rise in consolidated profit after tax (PAT) at Rs 252.90 crore for the quarter ended December 31, 2019. It had posted a consolidated PAT of Rs 243.64 crore in the year-ago period, Sundaram Finance said in a regulatory filing. However, the consolidated income of Sundaram Finance declined to Rs ... Read More »

DoT to take up Rs 36,000 crore ITC refund with finance ministry

New Delhi/Mumbai: The Department of Telecommunications will ask the finance ministry to refer the pending issue of refunding input tax credits of telecom companies worth Rs 36,000 crore to the GST Council, a move that could provide further relief to Vodafone Idea and Bharti AirtelNSE -1.33 %. One official said wider consultations are needed on the matter of reducing licence fees for telcos and this ... Read More »

Ujjivan Small Finance Bank Q1 net jumps two-fold to Rs 94 cr

Ujjivan Small Finance Bank (SFB) on Friday reported more than two-fold jump in its net profit at Rs 94.4 crore in the first quarter ended June 2019, helped by healthy growth in advances and improvement on stressed assets front. The bank had posted a net profit of Rs 46.10 crore during the corresponding April-June quarter of the previous fiscal ended March ... Read More »

Buy Cholamandalam Investment & Finance Company, target Rs 300: ICICI Securities

ICICI SecuritiesNSE -1.35 % has upgraded Cholamandalam Investment & Finance Company to ‘buy’ from ‘add’, with a target price of Rs 300. Shares of Cholamandalam Investment traded at Rs 265.25 around 11:55 am on 1 August, 2019. The brokerage has set a one-year horizon for the stock to hit the target price. Investment rationale by the brokerage: Company Summary NSE BSE ... Read More »

UPPSC Recruitment 2019: Online registration for Computer science graduates closing soon, pay scale up to Rs 1.7 lakh

UPPSC Recruitment 2019: Computer Science engineers can apply before April 28(HT) UPPSC Recruitment 2019: Uttar Pradesh Public Service Commission (UPPSC) will close the online registration window for vacancies for computer operator and programmer, soon. Computer Science graduates, software engineers are invited to apply for the posts before April 28. The notification was issued on March 28 and the last date to apply is very ... Read More »

Best 600cc plus motorcycles you can buy under Rs 6 lakh

The list comprises of all the 600cc and above motorcycles you can opt for if you have around Rs 6 lakh budget to spend on a set of two wheels. From cruisers to naked or sports, we have picked the best ones for you! In recent years, the competition has surely stiffened in the Indian motorcycle industry. And along with ... Read More »

Pre-Owned Smartphone Market in India Booming, Average Selling Price Rises to Rs. 11,000: OLX

With more and more Indians aiming to own high-end smartphones, the pre-owned smartphone market is booming and on the online trading platform OLX, the average selling price (ASP) of a pre-owned smartphone has jumped from Rs. 9,000 to Rs. 11,000 in just one year, the company said on Saturday. More and more high-end phones are now being traded on the platform ... Read More »

Higher education in India gets a Rs 8,000 crore boost

Government’s estimated schematic budgetary expenditure on health, education and social protection for 2018-19 is Rs 1.38 trillion. Photo: HT New Delhi: To increase investment in higher educational institutions, the Union Cabinet today approved a proposal for expanding the scope of Higher Education Financing Agency (HEFA) by expanding its capital base to Rs 10,000 crore and tasking it to mobilise Rs 1 ... Read More »

Oppo F7 Diamond Black: Cricket Limited Edition Launched in India for Rs. 21,990

Cashing in on the IPL 2018 fever, Oppo has launched the Oppo F7 Diamond Black: Cricket Limited Edition in the country. The limited-edition units will be made available across Oppo retail stores and Flipkart from May 14. The price of the smartphone will be at Rs. 21,990, same as that of the standard model. Three units of the new Oppo F7 Diamond ... Read More »