A sample of 3,087 companies reported 68.7% year-on-year growth in net profit for the October-December 2020 period, the strongest in nine quarters. This was largely on account of better cost control by companies as revenue grew by a modest 1.8%.
Related Posts
NSE declares Karvy Broking as defaulter, expels from membership
Under the guidelines, stock brokers are required to fulfill their obligations and should not involve in any misconduct,…
November 24, 2020
How Nazara’s lost opportunity in 2018 turned out to be a blessing in disguise
Nazara will come out with its Rs 583 crore IPO on March 17. Ace investor Rakesh Jhunjhunwala, who…
March 13, 2021
Oil flirting with $70 challenges world’s economic recovery
While prices have since pulled back, the impact on inflation and the overall global recovery depends on how…
March 9, 2021
Finmin flags SBI-HDFC-BoB NUE plan
The government doesn’t want public sector banks, which SBI and Bank of Baroda are, to compete against RuPay…
February 19, 2021