Tata Motors total July sales drop 34% yoy; stock trades flat

The company is focused on systematic stock reduction, in light of significant contraction in demand, and impending transition to BSVI towards the end of the year.

from India Infoline News Service https://ift.tt/2KhSQVa

Bharti Airtel soars 3.5% after posting net loss of Rs2,866cr in Q1FY20

The street was estimating a net loss of Rs1,170cr for the quarter.

from India Infoline News Service https://ift.tt/336FpQo

India slips to 7th largest economy in 2018: World Bank

In 2017, India was at $2.65 trillion, UK at $2.64 trillion and France at $2.5 trillion.

from Economy-News-Economic Times https://ift.tt/2ywtUDW
via

Power Grid successful bidder for 2 transmission projects

The Letter of Intent (LoI) on July 31, 2019, has been issued to Power Grid.

from India Infoline News Service https://ift.tt/2Ozc3Hd

Tata Motors total July sales drop 34% yoy

The company is focused on systematic stock reduction, in light of significant contraction in demand, and impending transition to BSVI towards the end of the year.

from India Infoline News Service https://ift.tt/2LUS9UP

Money Market Operations as on August 01, 2019

from PRESS RELEASES FROM RBI https://ift.tt/2YkSdUG
via

Liquidity Adjustment Facility: Fixed Rate Reverse Repo Operations

The result of the RBI Fixed Rate Reverse Repo Operations held on August 01, 2019 is as under: Amount (Face Value in ₹ Billion) Items Overnight Reverse Repo Auction 5.50% Fixed Rate 1. Bids received   (i) Number 67 (ii) Amount 196.73 2. Bids accepted   (i) Number 67 (ii) Amount 196.73 Ajit Prasad Director (Communications) Press Release: 2019-2020/312

from PRESS RELEASES FROM RBI https://ift.tt/2YkCQLH
via

Indias GST collection rises to Rs1.02 lakh cr in July

The revenue in July, 2018 was Rs96,483cr and the revenue during July, 2019 is a growth of 5.80% over the revenue in the same month last year.

from India Infoline News Service https://ift.tt/2KwT7DR

Oil steady after worst plunge in 4 years, Asian stocks down as Trump slaps tariffs on China

In other news, Japan removed South Korea from the trade white list on national security concerns.

from India Infoline News Service https://ift.tt/2KdvJw1