Bank of America to lay off more workers

 
  • Jun 15 2017
Bank of America to lay off more workers
Bank of America to lay off more workers
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Latest Post

 
JLL seeks bigger tax sops for first home buyers in Budget

JLL seeks bigger tax sops for first home buyers in Budget

Jan 18 2018

JLL India suggested that additional tax incentive to first time home buyers should be doubled to Rs 1 lakh in the upcoming budget to boost sluggish housing demand.

'Turkish Economic growth to miss govt targets this year and next'

'Turkish Economic growth to miss govt targets this year and next'

Jan 18 2018

Turkey’s economy beat the government’s growth forecast in 2017 but will miss it this year and next unless additional steps are taken, according to a Reuters poll.

Congress accepts resignation of Punjab Cabinet minister

Congress accepts resignation of Punjab Cabinet minister

Jan 18 2018

Congress accepted the resignation of Punjab's controversial cabinet minister Rana Gurjit Singh following allegations of corruption against him.

European shares post modest rise after US, Asia rally

European shares post modest rise after US, Asia rally

Jan 18 2018

The pan-European STOXX 600 rose 0.1 percent by 0824 GMT but the UK’s FTSE and Italy’s FTSE MIB retreated 0.1 percent.

Privately funded public projects may not offer value for money

Privately funded public projects may not offer value for money

Jan 18 2018

There is no evidence that Britain’s use of private companies to provide essential public services offers taxpayers value for money, a parliamentary watchdog said.

Stocks In News

 

ADANI TRANSMISSION Q3

Net Sales at Rs 1540 Cr Vs Rs 508 Cr, up 3x

Total Income at Rs 1,808 Cr vs Rs 734 Cr, 2.5x

EBITDA at Rs 1462 Cr Vs Rs 475 Cr, up 3x

EBITDA margins at Rs 95% vs 93.5%

PAT Rs 842 Cr vs Rs 99.3 Cr, up 8x

All results are Consol & comparable YoY

DCB BANK Q3 REVIEW

PAT at Rs 57 Cr vs 51 Cr up 11.8%

NII at Rs 250 Cr vs 209 Cr up 19.6%

Non-Interest Income at Rs 75 Cr vs 64 Cr, up 17.2%

Operating Profit at Rs 123 Cr vs 109 Cr, up 12.8%

Net Interest Margin at 4.12% vs 3.95% YoY

All results are comparable YoY

TATA SPONGE Q3 REVIEW

Net Sales up 36% at Rs 214.5 Cr Vs Rs 157.6 Cr

EBITDA up 3.1x at Rs 59.8 Cr Vs Rs 19.4 Cr

EBITDA Margin at 27.9% V 12.3%

Net Profit up 3.3x at Rs 36 Cr Vs Rs 11 Cr

Other Income up 36% at Rs 11.7 Cr Vs Rs 8.6 Cr

All figures are standalone and comparable YoY

THIRUMALAI CHEMICALS Q3 REVIEW

Net Sales up 6.9% at Rs 254.8 Cr Vs Rs 238.4 Cr

EBITDA up 80% at Rs 70.1 Cr Vs Rs 39 Cr

EBITDA Margin at 27.5% vs 16.4%

Net Profit up 2.3x at Rs 43.2 cr vs Rs 18.8 cr

All figures are comparable YoY

SREI INFRA Q3 REVIEW

AUM at Rs 44971 Cr Vs Rs 37505 Cr, Up 20%

Disbursements at Rs 5731 Cr Vs Rs 4812 Cr, Up 19%

Total Income at Rs 1411 Cr Vs Rs 1134 Cr, Up 24%

Calc NII at Rs 645 Cr Vs Rs 419 Cr, Up 54%

PAT at Rs 105 Cr Vs Rs 67 Cr, Up 56%

All results are comparable YoY

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EXCLUSIVE ARTICLES

 
Terrorism charges filed against New York bombing suspect

Terrorism charges filed against New York bombing suspect

Jan 18 2018

The US Attorney's Office in New York has filed federal terrorism charges against a bombing suspect who was accused of detonating a pipe bomb.

Mallya offers to settle dues, banks await more clarity

Mallya offers to settle dues, banks await more clarity

Jan 18 2018

The embattled liquor baron Vijay Mallya once again offered to settle his Rs 9,000 crore debt with lenders.

Exclusive: New 1,000 note in the offing?

Exclusive: New 1,000 note in the offing?

Jan 18 2018

The specifications and security features of the new Rs 1,000 note have been finalised.

Exclusive - Dhampur Sugar Mills under tax net

Exclusive - Dhampur Sugar Mills under tax net

Jan 18 2018

The I-T Department has conducted survey at the corporate office of Dhampur Sugar Mills in New Delhi between January 4 and January 7.

Demonetisation a big bold step, Budget must roll out stimulus

Demonetisation a big bold step, Budget must roll out stimulus

Jan 18 2018

Reliance Capital chief investment strategist Madhusudan Kela says government is in a “sweet spot” and has space to roll out stimulus in the Budget.