Posts in category Economic Times
BPCL Q4 Results: Net profit down 30% YoY to Rs 4790 crore on weak refining margins (09-05-2024)
FY24 net profit highest at Rs 26,674 crore. Company issues 1:1 bonus; declares dividend of Rs 21 per share. Revenue from operations declined 5% from Rs 5.06 lakh crore to Rs 5.33 lakh crore
Ahead of Market: 10 things that will decide D-Street action on Friday (09-05-2024)
Nifty ended Thursday expiry weaker by 345 points as the index broke below both the lower boundary of its upward channel and the support of the 50-day exponential moving average (DEMA) around the 22,150 level.
OPEC switches to ‘call on OPEC+’ in global oil demand outlook, sources say (09-05-2024)
OPEC will stop publishing a calculation of the world's demand for its own crude in its monthly oil report, two sources close to the matter said, focusing instead on forecasts for demand for oil from the wider OPEC+ group.
Bharti Enterprises sells shares of ICICI Lombard for Rs 663 crore (09-05-2024)
Sunil Bharti Mittal-promoted Bharti Enterprises on Thursday offloaded shares of ICICI Lombard General Insurance Company for Rs 663 crore through open market transactions.
Warner Bros Discovery Q1 Results: Company misses Wall Street estimates on weak advertising market (09-05-2024)
Warner Bros Discovery missed Wall Street estimates for first-quarter revenue on Thursday, weighed down by a weak advertising market and strike-related delays at its studio segment.
Relaxo Footwears Q4 Results: Net profit falls 3% YoY to Rs 61 crore (09-05-2024)
Relaxo Footwears on Thursday reported a 3 per cent decline in net profit for the March quarter to Rs 61.39 crore, as against Rs 63.3 crore in the year-ago period. The company's revenue from operations declined to Rs 747.21 crore from Rs 764.94 crore in the corresponding quarter of the previous year, a regulatory filing showed.
Sebi proposes to cut trading lot size of privately placed InvITs to boost investors’ participation (09-05-2024)
Markets regulator Sebi on Thursday proposed to drastically reduce the trading lot size of privately placed infrastructure investment trusts (InvITs) to Rs 25 lakh in a bid to boost investors' participation and increase liquidity of such investment vehicles.
Sebi proposes easing disclosure rules for non-convertible securities issuance (09-05-2024)
To promote ease of doing business for issuance of non-convertible securities, Sebi on Thursday proposed removing the requirement to disclose the PAN and personal address of issuers' promoters in the offer document along with other relaxations in disclosure guidelines.
Canada fines Binance $4.38 mln for money laundering violations (09-05-2024)
Canada's anti-money laundering agency on Thursday said it had imposed a nearly C$6 million ($4.38 million) fine on cryptocurrency exchange Binance for violating the money laundering and terrorist financing laws.