Author: Stocks

Gita Gopinath said current disparities in national corporate tax rates had triggered “a large amount” of tax shifting and tax avoidance, reducing the tax base on which governments could collect revenues to fund needed economic and social spending. Reuters April 06, 2021 / 07:44 PM IST IMF Chief Economist Gita Gopinath (Image: AFP) The International […]

Representative image India’s domestic passenger traffic slipped to a 10-year low at an estimated 53.4 million in the just-concluded financial year, a report said. However, in the previous fiscal there were no passenger flight operations for almost two months due to the pandemic-induced lockdown. During the financial year 2010-11, all domestic air operators together had […]

Representative image The new guidelines of the  Maharashtra government to curb COVID-19 infections will force almost 90 percent of restaurants to shut down and has spelled doom for the hospitality industry in the state, HRAWI said on Tuesday. Maharashtra is witnessing a spike in COVID-19 cases, forcing authorities to impose restrictions from April 5. Also Read: Maharashtra lockdown […]

Among sectors, metal and pharma indices rose over 1 percent each. BSE midcap and smallcap indices rose 0.8-1 percent. After a massive sell-off in the previous session, benchmark indices ended flat on April 6 amid high volatility. At close, the Sensex was up 42.07 points, or 0.09 percent, at 49,201.39 and the Nifty 45.70 points, […]

The board of directors has recommended a dividend of Rs 4 per share. ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] = 0){ $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); //$ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); $ (‘#gainlosstxt_’+articleId).find(“.arw_red”).removeClass(“arw_red”).addClass(“arw_green”); }else if(resData[stkKey][‘percentchange’] 0) { var resStr=”; var url = ‘//www.moneycontrol.com/mccode/common/saveWatchlist.php’; $ .get( “//www.moneycontrol.com/mccode/common/rhsdata.html”, function( data ) { $ (‘#backInner1_rhsPop’).html(data); $ […]

The auto major inaugurated seven sales outlets in Delhi, two in Gurgaon and one in Faridabad as part of the exercise. PTI April 06, 2021 / 03:58 PM IST ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] = 0){ $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); //$ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); $ (‘#gainlosstxt_’+articleId).find(“.arw_red”).removeClass(“arw_red”).addClass(“arw_green”); }else if(resData[stkKey][‘percentchange’] 0) { […]

The market share of the company in containers has increased to 41% of All India container volume in FY21. ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] = 0){ $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); //$ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); $ (‘#gainlosstxt_’+articleId).find(“.arw_red”).removeClass(“arw_red”).addClass(“arw_green”); }else if(resData[stkKey][‘percentchange’] 0) { var resStr=”; var url = ‘//www.moneycontrol.com/mccode/common/saveWatchlist.php’; $ .get( “//www.moneycontrol.com/mccode/common/rhsdata.html”, function( […]

All its departures from the airport have been rescheduled Flight operations of industry leader IndiGo were impacted in Goa airport on April 6, after staff at subsidiary Agile Airport Services Pvt Ltd, went on a strike. Sources said that the low cost airline has re-scheduled departures from the airport in the state, which is popular […]

Its sales during the quarter rose to 1.91 MT from 1.39 MT a year ago. For the entire FY21, the company’s output stood at 7.51 MT, up 19.20 percent from 6.30 MT in the preceding fiscal. Jindal Steel and Power | JSPL has ended the fiscal year on a strong note with sales hitting a […]

Panacea Biotec Ltd has tied up with the Russian Direct Investment Fund to produce 100 million doses a year of the Sputnik V coronavirus vaccine. Sputnik V is priced at less than $ 10 per shot, making it one of the most affordable vaccines. (Image: Reuters) ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); […]

Tim Cook has been with the California-based technology giant for 23 years, taking over as CEO in August 2011. File image of Apple CEO Tim Cook (Image: Reuters) Apple Chief Executive Officer Tim Cook has said it’s unlikely he will be at the tech giant for 10 more years. “I feel great right now. And the date’s […]

Metal stocks have been hogging the limelight for a year as the increasing pace of economic recovery has augmented the demand scenario for the sector. Metal stocks were on a roll as the sectoral index along with several of its components hit a fresh 52-week high in intraday trade on April 6. The Nifty Metal […]

The share touched a 52-week high of Rs 108.40 and a 52-week low of Rs 72.80 on 11 February 2021 and 13 October 2020, respectively. ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] = 0){ $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); //$ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); $ (‘#gainlosstxt_’+articleId).find(“.arw_red”).removeClass(“arw_red”).addClass(“arw_green”); }else if(resData[stkKey][‘percentchange’] 0) { var resStr=”; var url […]

File image of Maharashtra Chief Minister Uddhav Thackeray (Image: Twitter/@ShivSena) The Confederation of All India Traders (CAIT) on April 5 suggested Maharashtra Chief Minister Uddhav Thackeray to reduce shop timings from 11.00 am to 5.00 pm instead of imposing a ‘full lockdown’ to control surging COVID-19 cases. The traders’ association said while the sharp rise […]

Total sales value stood at Rs 1,072 crore in Q4FY21, up from Rs 694.5 crore in Q4FY20. However, the full-year sales declined to 40,13,381 square feet from 40,71,704 square feet in FY20. Sobha | The company reported consolidated profit at Rs 21.6 crore in Q3FY21 against Rs 73.2 crore in Q3FY20, revenue fell to Rs […]

Check out the companies making the biggest headlines before the bell. Maruti Suzuki India | Maruti reported production of 1,72,433 vehicles in March 2021, against 92,540 vehicles produced in the corresponding period. Passenger vehicles production increased to 1,70,036 vehicles from 91,602 vehicles in the same period, the company said in its BSE filing. Trident | […]

Crude oil futures tumbled to Rs 4,420 per barrel on April 5 as participants increased their short positions as seen by the open interest. Crude oil was weighed down by an increase in OPEC+ supply, surging coronavirus cases globally forcing tighter restrictions, jump in US rig counts and the prospect of Iranian crude coming back […]

Reuters Cotton futures were trading higher at Rs 21,400 per bale on April 5 as participants increased their long positions as seen from open interest. Prices had jumped Rs 1,150 or 5.68 percent last week to settle at Rs 21,260/bale on the MCX. The agri commodity traded in the positive territory after a gap-up start […]

Copper Copper prices edged higher to Rs 685.05 per kg on April 5 as participants increased their long positions as seen by the open interest. The base metal extended gain in the evening session after a gap-up open tracking positive global trend. The non-ferrous metal has been trading higher than 5, 20, 50, 100 and […]