Realme sells 15 million handset in 1st year of operation, targets to double it in 2020
Counterpoint report says the company now ranks seventh in the global smartphone market.Chinese handset maker Realme has become the fastest-growing smartphone brand in India, selling 15 million handsets in the very first year of its…
PNB under-reported bad loans by Rs 2,617 cr in FY19: RBI report
Recently, market regulator Sebi made it mandatory for listed banks to disclose bad loan divergence within a day of receiving the risk assessment report from the RBI.Public sector lender Punjab National Bank (PNB) under-reported its…
EaseMyTrip files Rs 510-crore IPO papers with Sebi
Founded in 2008, EaseMyTrip is an online travel agency market with offices across various Indian cities, including Noida, Bengaluru, Mumbai and Hyderabad. IOnline travel company EaseMyTrip has filed draft papers with capital markets…
After Mother Dairy, Amul raises milk prices by Rs 2/litre
Amul said it passes on almost 80 paise of every rupee paid by consumers for milk and milk products to the producers.India’s leading milk supplier Amul on Saturday raised milk prices by Rs 2 per litre in Gujarat, Delhi-NCR, West Bengal…
PNB under-reported bad loans by Rs 2,617 crore in FY19: RBI report
Consequently, based on the divergence assessed by RBI in provisioning for bad loans, PNB said it would have reported a net loss of Rs 11,335.90 crore for FY19 as opposed to a net loss of Rs 9,975.49 crore.Public sector lender Punjab…
New issues lose steam: CSB Bank, Ujjivan Small Finance Bank down up to 21% after listing
CSB Bank shares are down to Rs 235.75, down 21% from their listing price of Rs 299, while Ujjivan Small Finance Bank shares closed at Rs 52.05 on Friday.After a bumper listing, shares of new issues CSB Bank and Ujjivan Small Finance Bank…
Six coal mines under allotment process: Govt
In the allotment process, applications were received in the case of six out of 15 coal mines, the coal ministry said in a release.The Coal Ministry on Friday said it is considering allotment of six coal mines that have been marked for…