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ONGC share price slips 4% on first ever quarterly loss of Rs 3,098 crore

ONGC share price slipped 3.93% to Rs 78.2 against previous close of Rs 81.40.

Posted byJuly 1, 2020Posted inAudio

Coronavirus impact: 60% hotel operators feel revenue recovery to take 2 years

The survey conducted by real estate consultancy firm JLL further said that only 20% of respondents believe that their hotels could bounce back to 2019 Revenue Per Available Room or RevPAR levels within 6 to 12 months

Posted byJuly 1, 2020Posted inAudio

Biz EOD: TikTok influencers’ earnings drop; PMGKAY extended till Nov; Patanjali does U-turn over Coronil

Catch top stories from the world of business and economy with BusinessToday.In’s Biz EOD report

Posted byJune 30, 2020Posted inAudio

‘Most effective rallying cry for India Inc.’: Anand Mahindra responds to Chinese editor’s jibe on apps ban

Tensions between India and China came to fore and were aggravated after conflict between Indian and Chinese soldiers in Ladakh’s Galwan Valley, which led to casualties on both sides

Posted byJune 30, 2020Posted inAudio

Government exempts properties in unauthorised colonies in Delhi from income tax

Presently tax is levied only on the differential of fair market value (FMV) and actual purchase price, if the house property is acquired at a price lower than the circle rate

Posted byJune 30, 2020Posted inAudio

JSPL to sell operations in Oman at $1 billion to pare debt

Jindal Steel and Power Ltd said the divestment is in line with its vision and commitment to continuously bring down its debt and deleverage its balance sheet

Posted byJune 30, 2020Posted inAudio

Tata Steel increases cash savings in March quarter 120% to Rs 11,500 crore to tide over crisis

As the cash portion increased on the balance sheet, the net debt of Tata Steel stood flat in the March quarter at Rs 1,04,779 crore, compared to 1,04,628 crore in December 2019

Posted byJune 30, 2020Posted inAudio

DIIs invest record Rs 88,132 crore in H1CY20, highest since 2008

The stock market, it seems, is heading towards the much-needed stability by reducing its dependence on foreign money

Posted byJune 30, 2020Posted inAudio

Despite free ration, Rs 35,951 crore food subsidy bill for April-May 50% of last year

The Prime Minister in his address today said that the total cost of the PM Garib Kalyan Anna Yojna could be around Rs 1.5 lakh crore

Posted byJune 30, 2020Posted inAudio

Decline in global gas prices credit positive for Indian consumers: ICRA

The timing of the recovery in the global economy is uncertain and expected to be prolonged, due to which the demand growth of natural gas is expected to remain muted over the medium term, says ICRA

Posted byJune 30, 2020Posted inAudio

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