Tuesday, August 9, 2022

Financial/Policy News


Macrotech Developers’ profit up 24% at Rs 286 crore in Q3 FY22

Macrotech Developers on Tuesday reported a 24 per cent increase in consolidated net profit at Rs 286.38 crore for the quarter ended December on higher...
profit dips-constrofacilitator

Ramco Cements’ net profit drops 59% in Q3 FY22

The Ramco Cements Ltd has reported a 59% drop in its standalone profit after tax at Rs 83 crore for the quarter ended December 31, 2021,...

Asian Paints profit falls 18.5% to Rs 1,031.29 crore in Q3 FY22

Asian Paints Ltd on Thursday reported an 18.5 per cent decline in its consolidated net profit to Rs 1,031.29 crore for the third quarter ended...

Budget recommendations for Real Estate – NAREDCO – Progressive Neral – Karjat Unit

How Union Budget -2022 should address the real estate sector? Real estate sector affects 250 plus segment of other industries and it is also covered...

Prestige Estates records sales bookings of Rs 4,268 crore in Q3 FY22

Prestige Estates on Monday reported over two-fold jump in sales bookings at record Rs 4,267.6 crore for the quarter ended December. The company's sales bookings...

UltraTech Cement’s profit up 7.9% at Rs 1,710.14 crore in Q3 FY22

UltraTech Cement Ltd on Monday reported a 7.92 increase in its consolidated net profit to Rs 1,710.14 crore in the third quarter ended December 2021...
Land Grabbing

Ordinance to amend land-grabbing laws issued

After a reprimand by the Gujarat high court over large scale misuse of the Gujarat Land Grabbing (Prohibition) Act, 2020, the Gujarat government has...

Oberoi Realty’s sales bookings jump two-fold to Rs 1,965 crore in Q3 FY22

 Oberoi Realty has reported over two-fold jump in its sales bookings at Rs 1,965 crore for the third quarter ended December on higher demand. In regulatory...

Sebi board tightens rules for utilisation of IPO proceeds

Markets regulator Sebi on Tuesday decided to put a cap on IPO proceeds earmarked for making future acquisition of unspecified targets and will bring...
The Reserve Bank of India (RBI) Governor Shaktikanta Das

RBI Monetary Policy 2021; the repo rates unchanged at 4%

Governor Shaktikanta Das announced the Monetary Policy Committee's decision to hold the key interest rates at existing levels.  Currently, the repo rate stands unchanged...