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"Our overall performance in the first quarter has been robust. We have reached a new milestone of Rs 1,000 crore in quarterly sales for the first time during any quarter, with improvement across all parameters - revenue, gross profit, operating profit and operating profit margin," CEO and Wholetime Director Nikhil Chopra stated.

Barclays scraps EU bonus cap for British bankers

Updated at : 2024-08-08 20:20:01

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"The revised bonus cap will not alter the way Barclays sets its incentive pool, which is based on overall Group performance," a spokesperson for the bank, who confirmed the contents of the memo, said.

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The Dow Jones Industrial Average rose 176.9 points, or 0.46%, at the open to 38940.38.

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Total income stood at Rs 396 crore for the June quarter against Rs 303 crore in the year-ago period, AstraZeneca Pharma India said in a regulatory filing

Sensex, Nifty settled lower on Thursday, tracking muted global cues. Buying was seen in healthcare and banking stocks while oil & gas, utilities, IT and metal stocks faced selling pressure

Nifty finds support at its 50-day exponential moving average (50-DEMA) but faces resistance near 24,350. A breakout above this level or a drop below 24,000 is needed for the next significant move. Despite the current negative trend, selling pressure may persist even within this range, according to Chandan Taparia of Motilal Oswal

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Investor registrations on the NSE have been accelerating over the past few years. The registered investor base reached 1 crore 14 years after operations began. The next 1 crore addition took about seven years, followed by the subsequent crore in roughly three and a half years, and the next crore in just over a year

Choosing the right company in any sector is extremely important but when it comes to investing in NBFC stocks, it is extremely important to check on things like quality of balance sheet and parentage. There is a very clear lesson from history, if you bought Bajaj finance, wealth creation happened, if you bought DHFL then wealth destruction happened. The question would arise, why buy NBFC if it has such risks? The answer is simple, as a sector NBFC will grow at a faster rate than a number of sectors. Why will the growth be faster? Because they provide credit and credit was / is / will remain more in demand than supply. So, a provider of credit is bound to grow as the Indian economy grows

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Long unwinding involves selling long-held positions to book profits or exit due to expected bearishness. On Thursday, five stocks experienced long unwinding. Here’s the list

Eicher Motors Q1 Results: ET Now poll had estimated PAT of around Rs 1,031 crore.

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