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The big differentiating technologies in green energy is likely to be the use of Lithium batteries and beyond. However, many of these technologies are yet to take off in a commercial way. This week, Reliance New Energy Solar, a subsidiary of Reliance
NIFTY 50 Nifty closed with a loss of 0.35% near 16238.20 levels on friday. The market breath was bearish with 27 declines against 23 advances. Sectors ended the session in green territory are Auto, IT, Metals, PSU Bank and PSU Banks se
Titan Company Ltd swung to a consolidated net profit for the first quarter through June 2021from a steep loss a year earlier when a nationwide lockdown to control the Covid-19 pandemic forced it to keep its stores closed. The Tata Group company po
State Bank of India reported a record profit for the first quarter through June 2021, helped by a sharp drop in provisions to cover potential bad loans. The nation’s biggest lender said standalone net profit jumped 55% to Rs 6,504 crore for the
RBL Bank has slipped into a loss for the first quarter through June 2021 from a profit a year earlier after it set aside almost thrice the amount than before to cover for possible bad loans. The private-sector bank posted a standalone net loss of
Fast-moving consumer goods maker Dabur India Ltd reported a 28% jump in its consolidated net profit for the first quarter through June 2021 thanks to strong growth in business volumes and higher earnings margins. Net profit for the April-June peri
Aditya Birla Group chairman Kumar Mangalam Birla has offered to hand over his stake in Vodafone Idea Ltd to any state-run company or financial institution in a bid to keep the debt-laden telecom operator afloat. The billionaire has written to the
Bandhan Bank’s net profit for the first quarter through June 2021 dropped 32%, dragged down by a 62%jump in provisions to cover for potential non-performing assets The private-sector bank posted a net profit of Rs 373.1 crore for the April-June
Housing Development Finance Corp (HDFC) reported a slight decline in its standalone net profit for the first quarter through June 2021, as a sharp fall in expenses offset a fall in revenue. Net profit for the April-June period fell 1.7% to Rs 3,00
The Indian equity markets started the week on a positive note on account of positive global sentiments. In addition, the news that GST collection recovered to a three-month high in July, above Rs1 lakh crore mark, as economic activity restarted also
The next big story in the auto space appears to be electrical vehicles. Just last week, the chairman of Tata Sons announced a $3-4 billion investment in FY22 in the EV business. The other major CV manufacturer, Ashok Leyland, is not too far behind. O
After a rather tepid June month due to COVID 2.0 lag effect, the sales of automobiles picked up sharply in July. With auto factories and showrooms functioning at near-normal capacity, the bounce was on the cards. Let us look at two major listed PV ma
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