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Home » Daily morning major news headlines. (31st July 2020)
General News Morning News

Daily morning major news headlines. (31st July 2020)

Morning Business News Money Control



Money Control

Reliance Industries: The company reported a consolidated profit of Rs 13,248 crore in Q1FY21. Consolidated revenue stood at Rs 1,00,929 crore.

Torrent Pharma: Q1 profit stood at Rs 321 crore versus Rs 216 crore, revenue at Rs 2,056 crore versus Rs 2,022 crore YoY.

Kesoram Industries: Board approved raising up to Rs 2,000 crore via equity, debt.

Indian Overseas Bank: Board approved raising up to Rs 500 crore via equity and Rs 1,500 crore in Tier II capital.

Adani Power: Competition Commission of India approved the company’s 49 percent stake buy in Odisha Power.


Business Standard

RInfra net loss at Rs 288 cr in June qtr, income declines to Rs 4,453 cr.

HDFC’s pre-tax profit dips 9.5% to Rs 3,607 cr in Q1, NII at Rs 3,392 cr.

Lakshmi Vilas Bank reports loss before tax of Rs 112.28 crore in Q1.

BPCL divestment process may face resistance from Kerala govt, employees.

Advent International to acquire a controlling stake in RA Chem Pharma.


Financial Express

JSW Steel to NCLT: Awaiting tribunal nod to implement Rs 1,550-cr resolution plan for ACCIL

Domestic demand for gold jewellery falls 74% in Q2 of 2020: WGC

Demand slump to reduce readymade garment makers revenues by 25%-30%

Karur Vysya Bank Q1 net profit jumps 45% as bad loans decline.


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