In the midst of increasing gas input costs, Indraprastha Gas Limited (IGL) has increased the price of natural gas pipes (PNG) to ₹ 4.25 per cubic meter standard (SCM) which is effective from Thursday in an effort to include an increase. IGL has notified that PNG will now cost ₹ […]
Author: peribiden
Retail inflation shoots up to 6.95% in March. Will MPC go for a rate hike in June?
On April 12, official data showed retail inflation surged to a 17-month high of 6.95 percent in March from 6.07 percent in February driven by high food prices. The Consumer Price Index (CPI) print inflation for March is far above the consensus estimate. In accordance with Reuters polls, economists expect […]
Will Infosys consider paying final dividends along with Q4 results after TCS? Know Details
Infosys Q4 Results: After the IT service giant Consulting Services Consultation Kicking season income with strong records, infosy will announce its income today, April 13. The company is expected to consider paying the final dividend today. IT giants are expected to report double-digit growth in clean sales and net income […]
Trai suggests a sharp reduction in the price of a 5g spectrum ribbon base
The Indian Telecommunications Regulatory Authority (Trai) has recommended cutting 5G air base prices, showing 40 percent reduction in prices of 700 MHz bands and 36 percent cut in the band’s spectrum frequency of 3300-3670 MHz. This, he said, will attract competitive offers by large telecommunications players such as the idea […]
TCS employees are likely to get a higher salary increase this year
Top IT India Company Tata Consultation Service (TCS) on Monday reported a 7% increase in its net profit to ₹ 9,926 crore with income across the crore ₹ 50,000 for the first time. Revenue for Quarter March grew nearly 16% from last year to ₹ 50,591 crore. Dollar income for […]
Veranda Learning Solutions debut at 14.6% premium to IPO Price
Home learning solutions made a strong debut on April 11 because the shares were registered at a 14.60 percent premium to the price of a problem after a proper subscription for the IPO. It was opened at Rs 157 in BSE at the price of the issue of Rs 137, […]
Today’s TCS Q4 income: Five things that must be considered
Bengaluru: The largest IT service company in India Consultancy Services Ltd. (TCS) will be the first between peers to announce its fourth quarter income on Monday. Analysts believe the IT company will continue to post strong growth numbers on the Digital Transformation Initiative Account and Cloud with company clients. The […]
ITC Q4 PAT seen up 8.7% YoY to Rs 4,076.4 cr: Motilal Oswal
Motilal Oswal has come out with the fourth quarter (January-March ’22) estimates income for the consumer sector. The broker’s house expects ITC to report net profit at 4.076.4 Crore rises up 8.7% year-on-year (down 1.9% quarter in the quarter). Net sales are expected to increase by 4.1 percent y-o-y (down […]
RBI spoke: What RBI governor and his deputy said about the problem at the bank, NBFCs
The monetary policy committee from the Bank of India’s reserve (RBI) on Friday clarifies that the days of money policy that is easy will end soon. At a press conference after announcing the April Bi-month policy, the Governor of Shaktikanta Das and his deputy answered questions about other problems in […]
CBDCs can replace cash transactions to a certain extent in India, said Deputy Governor of RBI
The Digital Currency of the Central Bank (CBDC) can replace cash-based transactions to a certain extent in India, Reserve Bank of India Deputy Governor of T. Rabi Shankar said in the Icrier Webinar on ‘get a central bank digital currency for India: lessons from the G20 and the rest of […]