By Scott Kanowsky Investing.com — Shares in UBS Group AG (SIX:) climbed on Tuesday after the Swiss banking giant posted a 24% slide in income in the third quarter, but still beat expectations. Net profit for the three-month period dropped to $1.7B, translating to diluted of $0.52. Analysts had estimated the figure would come in at …
Mumbai, Oct 21 (IANS) Major Indian conglomerate Reliance Industries Ltd (NS:) (RIL) on Friday said it had closed the Q2 of FY23 with a consolidated profit of Rs 15,512 crore on a higher revenue. For the period ended September 30, 2022, RIL had posted a gross revenue of Rs 253,497 crore up from Rs 191,532 …
Mumbai, Oct 21 (IANS) Telecom major Reliance (NS:) Jio Infocomm Ltd on Friday said it has logged Rs 4,518 crore net profit for the second quarter of FY23. During the period under review, Reliance Jio had earned a net profit of Rs 4,518 crore as against Rs 3,528 crore earned for the period ended September …
By Malvika Gurung Investing.com — The FMCG conglomerate giant Nestle (NS:) India released its earnings results for the September 2022-ended quarter on Wednesday, posting better-than-expected net profit and revenue figures for the quarter. Nestle is the world’s largest food and beverage company and its Indian unit reported an 8.3% YoY rise in net profit at Rs …
Nestle India Q3: Net Profit & Revenue Beat Street’s Estimates & Key Takeaways Read More »
New Delhi, Oct 13 (IANS) A temporary coal shortage has emboldened the Indian government to press ahead with plans to develop 99 new coal projects with production of 427 million tonnes per year (mtpa), a briefing by Global Energy Monitor (GEM) said on Thursday. Land for new coal projects continues to be auctioned despite the …
India’s 99 new coal mine projects conflict with net zero by 2070: GEM Read More »
© Reuters. By Sam Boughedda Piper Sandler upgraded shares of Voya Financial (NYSE:) to Overweight from Neutral, increasing the price target to $65 from $70 per share in a note Friday. Analysts pointed to a number of reasons for the upgrade, including Voya’s acquisition of Allianz Global Investors’ (AGI) (ETR:) U.S. funds. They said the …
New Delhi, Sep 18 (IANS) Gross direct tax collections till 2022-23 as on September 17 stood at Rs 8.36 lakh crore, witnessing a growth of 30 per cent over collections of corresponding period of last year. Net direct tax collections stood at Rs 7.01 lakh crore for the current fiscal till September 17, showing a …
Gross direct tax collections rise 30% in 2022-23, net direct tax collections up 23% Read More »
New Delhi, Sep 10 (IANS) FII inflows were at the highest since January 2021, however, DIIs turned net sellers in August after 17 months of buying. Siddhartha Khemka, Head – Retail Research, Motilal Oswal (NS:) Financial, said FIIs have been enthusiastic about Indian markets since August 2022, despite noise surrounding the global cues. FIIs have …
DIIs turned net sellers in August after 17 straight months of buying Read More »
