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Air carrier, Jet Airways (India) Limited reported net loss of Rs 587.77 crore in Q3FY2018 corresponding to net profit of Rs165.25 crore in Q3 Dec-2017. This is the fourth quarterly loss of the Company.
Shares of Technology major Bosch Limited zoomed over 2.3 percent intraday trade on Thursday after company’s net profit widened in Q3-FY-2019.
Earlier, the RBI has rebuked Yes Bank as it was discovered gross Non Performing Assets of Rs. 8373.8 in 2016-2017, whereas the bank had only reported Rs 2018 crore. Yes Bank reported divergences of Rs 6355 crore in 2016-17 and in 2015-16, it has reported divergences of Rs 4176 crore.
Key benchmark indices –Sensex, Nifty – on Friday opened on a flat note led by weak global signals on concerns of slowing U.S economy. The Indian rupee depreciated 11-ps against greenback early trade on rising crude oil price.
India’s second largest automaker Ashok Leyland Limited reported a 21.5% decline in its third-quarter profit on Thursday, due to lower consumer demand and other income. Net profit fell to Rs381 crore for the three months ended December 31 with reference to Rs485 crore a year earlier, the company said.
Ould reflect differential stability within the two constructs. A great deal remains undeterminedOuld ref
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