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  • Wednesday, March, 2021| Today's Market | Current Time: 02:52:13

    • Business

    Telecom spectrum auction receives winning bids worth Rs. 77,146 crore till 6 pm: Ravi Shankar Prasad

    Communications Minister Ravi Shankar Prasad has said that on the first day of Telecom spectrum auction today, winning bids received till 6 P.M. were worth Rs. 77,146 crore.  He said, bidding took place for spectrum in 800, 900, 1,800, 2,100 and 2,300 Megahertz.  Mr Prasad said, participants did not bid for 700 and 2,500 Megahertz and the spectrum auctions […]

    Business

    Indian Railways surpasses last year’s cumulative freight loading

    In spite of COVID challenges, Indian Railways yesterday surpassed last year’s cumulative freight loading for same corresponding period.  Freight figures continue to maintain the high momentum in terms of loading, earning and speed last month. Yesterday’s loading crossed five million tonnes. As on yesterday, Indian Railways cumulative freight loading was over 1,102.17 million tonnes for this year which […]

    Business

    Bidding for telecom spectrum auction to commence from today

    The bidding for telecom spectrum auction will commence from today. It will be conducted online. Communication Ministry has said that, the auction will be held for spectrum in 700 MHz, 800 MHz, 900 MHz, 1800 MHz, 2100 MHz, 2300 MHz and 2500 MHz frequency bands. The Spectrum will be offered for assignment for validity period […]

    Markets

    KFC Owner Yum Brands Reports Digital Sales of $17 Billion in 2020, Up By 45% YoY

    Despite the blow of pandemic restrictions in 2020, Yum Brands’ earnings for the year topped analysts’ estimates. According to the research data analyzed and published by Stock Apps, the company’s Q4 2020 revenue grew by 3% year-over-year (YoY) to $1.74 billion, higher than the expected $1.72 billion. For the full year, digital sales rose by […]

    Business

    Last date for filing of GST returns for 2019-20 fiscal extended till March 31

    Finance Ministry has extended the due date for furnishing of the Annual returns GSTR-9 and GSTR-9C for the financial year 2019-20 to 31st of this month. In a statement, the Finance Ministry said that the due date was extended with the approval of Election Commission of India.  The Ministry said, the decision to this effect […]

    Banking

    Fino Payments Bank is now a scheduled bank

    Mumbai: Having made its mark as a profitable payments bank, Fino is now a scheduled commercial bank. RBI has announced through a notification issued dated 22 February 2021 that Fino Payments Bank has been included in the Second Schedule to the Reserve Bank of India Act, 1934.  (https://www.rbi.org.in/Scripts/NotificationUser.aspx?Id=12034&Mode=0) The scheduled commercial bank (also called as scheduled […]

    Markets

    Broad Homes (02163.hk) Well-positioned for Revenue of RMB4.92 Billion in 2021, an Expected Increase of over 80%

    HONG KONG: On February 26, 2020, Broad Homes (02163.HK) released its annual results announcement for 2020. In 2020, it achieved total revenue of RMB2,613.9 billion, a year-on-year decrease of 22.4%, gross profit of RMB926.8 million, a year-on-year decrease of 19.0%, net profit of RMB216.4 million, a year-on-year decrease of 68.0%, and an increase in gross […]

    Finance

    Paytm leads India’s digital payments with 1.2 billion monthly transactions, registers highest growth in offline payments & financial services

    Maintains the highest market share in offline merchant payments with 15% M-o-M growth recording the most number of transactions among all digital payments platform Over 50% of merchant partners hold a bank account with Paytm Payments Bank Registers a steady rise in payment users opting for financial services on the platform Consolidates its leadership position […]

    Business

    Finance Ministry extends due date for filing GSTR-9 and GSTR-9C for FY20 till March 31

    Ministry of Finance has extended the  due date for furnishing of the Annual returns GSTR-9 and GSTR-9C for the financial year 2019-20 to 31st of next month. In a statement, the Finance Ministry said that the due date was extended  with the approval of Election Commission of India. The Ministry said, the decision to this […]

    Business

    Commerce & Industry Minister assures Toy industry of full support and cooperation from Govt’s side

    Union Minister of Commerce and Industry, Piyush Goyal has assured the Toy industry of full support and cooperation from the Government’s side. Speaking at the CEO Session of The India Toy Fair (TITF) 2021, the Minister said that no stone will be left unturned to provide support to toy clusters, make the business environment easier, […]

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