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Latest Stock Market News

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Net debt for Vodafone Idea stood at Rs 1,96,420 crore compared with Rs 1,97,480 crore in the December quarter, with a cash balance of merely Rs 1,500 crore, Motilal Oswal said.

PNB Q4 Results: Net profit drops 66% to Rs 202 cr

Updated at : 2022-05-12 08:50:02

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Total standalone income during the January-March quarter stood at Rs 21,095 crore, down from Rs 21,386 crore in the same period of 2021-21, PNB said in a regulatory filing.

Reject Oyo IPO: FHRAI to Sebi

Updated at : 2022-05-12 08:50:02

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FHRAI has cautioned that Oyo’s IPO will wipe out public wealth while enriching its founders and key management.

The Department of Telecommunications (DoT) has computed the net present value (NPV) of the accrued interest due to the four-year deferral of spectrum and adjusted gross revenue (AGR) payments at Rs 16,133.1 crore, a calculation since confirmed by Vi. At present, UK’s Vodafone Plc and ABG own 47.61% and 27.38% in Vi respectively.

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The rupee on Monday fell to an all-time low of 77.44 against the dollar driven by both the outflow effect as the US Federal Reserve tightened the monetary policy amid expectations of further rate hikes and the fallout of geopolitical tensions.

FEL owes lenders and bondholders a total of ₹6,778 crore. Out of the ₹1,266 crore, State Bank of India (SBI) received the largest amount of ₹290 crore followed by Canara Bank (₹220 crore) and Central Bank (₹130 crore).

Flipkart, RIL, Amazon may join ONDC

Updated at : 2022-05-12 08:50:02

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Logistics providers Ekart, Dunzo sign up on network; PhonePe in final stages of integration

Apple shares dropped 5.2% and were the biggest weight on the Nasdaq and S&P 500 indexes.

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Oil prices eased in early Asian trade on Thursday, taking a pause after rising more than 5% in the previous session following new Russian sanctions on some European gas companies. On Wednesday Russia sanctioned 31 companies based in countries that imposed sanctions on Moscow after Russia invaded Ukraine in February.

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L&T, Tata Motors, Seimens, Honeywell Automation, Tube Investment, AB Capital, Poonawalla Fincorp, CreditAccess Grameen, Apollo Tyres, Brigade Enterprises, Anupam Rasayan and RBL Bank are among the companies which will announce their earnings today.

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