📰 Latest Economy & Stock Market News
Elon Musk sells some shares of Tesla to cover tax bill
Updated at : 2021-11-11 07:20:02

In its filing, Tesla said Elon Musk sold shares on Monday to satisfy tax withholding obligations related to exercising stock options to purchase 2,154,572 shares.

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Oil India's net profit more than doubles to Rs 504 cr in Q2
Updated at : 2021-11-11 03:20:01

Turnover rose to Rs 3,678.76 crore from Rs 2,281.12 crore.

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Eveready Industries India posts 48% decline in net profit to Rs 31 cr in Q2
Updated at : 2021-11-11 02:20:01

Its consolidated revenue from operations during July-September 2021 fell to Rs 357.49 crore, against Rs 372.63 crore in the year-ago quarter, it added.

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NSE-BSE bulk deals: MIT buys stake in Fairchem Organics, NSE sells in Dolfin Rubbers
Updated at : 2021-11-11 01:20:01

In another transaction, the NSE sold 158,000 shares of Dolfin Rubbers at Rs. 52.6 apiece through a bulk deal on the BSE.

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Bumper Nykaa listing sees biggest payday for TPG, eclipses PE firm’s Silicon Valley bets Uber, AirBnB
Updated at : 2021-11-11 01:20:01

Starting 2019, TPG Growth has made a cumulative investment of Rs 191 crore in Nykaa at an entry price of Rs 118/share, as part of the beauty e-tailer’s Series E round of capital raise. Upon listing, Nykaa or FSN Ecommerce Ltd shares opened at Rs 2,001 apiece and closed the day at Rs 2,206/share, with a market capitalization of Rs 1.04 lakh crore.

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MOIL Q2 profit grows manifold to Rs 60 cr
Updated at : 2021-11-11 01:20:01

Total income of the company was marginally up at Rs 334.10 crore in July-September 2021 against Rs 333.20 crore in the same quarter a year ago, according to a regulatory filing.

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Zomato Q2 results: Net loss widen to Rs 430 crore
Updated at : 2021-11-10 23:20:01

Consolidated net loss for the loss-making food delivery company was Rs 430 crore for the second quarter, compared with a loss of Rs 230 crore a year earlier.

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Birla Corp Q2 results: Net profit falls 49% to Rs 86 cr as demand falls
Updated at : 2021-11-10 23:20:01

The company reported an operating profit (Ebitda) of Rs 281 crore, down 30.4 per cent YoY. Birla Corp reported consolidated revenue of Rs 1,711 crore, up 2.1 per cent YoY.

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HDFC to raise Rs 3,000 crore via bonds
Updated at : 2021-11-10 22:20:01

The issue for the secured redeemable non-convertible debentures (NCDs), bearing a coupon rate of 7.10 per cent per annum, will open for subscription on November 11, 2021, and close on the same day.

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Bank of Baroda Q2 results: Net profit rises 24% to Rs 2,088 cr
Updated at : 2021-11-10 22:20:01

Net Profit of Rs 2,088 crore in the quarter ended September 2021 from Rs 1,679 crore a year earlier. Other income increased to Rs 3,579 crore from Rs 2910 crore last year.

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