India consequences Coronavirus focus India

Indian markets seen cautious ahead of Fed meet; Hero MotoCorp, Yes Bank in focus

Reading now: 521
www.livemint.com

₹13,436 crore, railway ministry data showed. Freight traffic volume was down 28% during the period under consideration to 149 million tonne (mt).Hero MotoCorp Ltd on Tuesday reported a 15% drop in fiscal-fourth quarter profit because of coronavirus-related disruptions.

Net profit fell to ₹620.71 crore for the quarter ended 31 March from ₹730.32 crore in the year earlier, the company said. Net sales during the period fell by 21% from a year earlier to ₹6,238.39 crore as a consequence of the 25.7% decrease in vehicle sales during the quarter to 132,300 units.Private sector lender Yes Bank on Tuesday said Madhu Kapur and other family members have withdrawn their petition from the Bombay high court after having fought it since 2013.Meanwhile,.

Read more on livemint.com
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

Gotabaya Rajapaksa - The economy is recovering, says President during meeting with professionals - newsfirst.lk
newsfirst.lk
77%
342
The economy is recovering, says President during meeting with professionals
COLOMBO (News 1st); President Gotabaya Rajapaksa said that the nature or extent of the challenges will not matter in fulfilling the promises made to the people.He noted that development activities continue in the country while taking necessary steps to control the COVID-19 pandemic.The President also pointed out that the economy, which had been collapsed for nearly two years, is gradually recovering.The President made these remarks participating in the first round of discussions in a series of sessions with professionals representing various fields, held at the President’s House on Friday (11).The professionals who participated in the discussion said that they are further committed to make the national programme a success by giving the necessary strength to achieve the goals desired by the President, said a statement.The professionals vehemently rejected the allegations spread by some sections with the objective of achieving narrow political agendas, the statement added.Experts in the field said that the new approach to agriculture initiated by the President is being continuously supported by the researchers and entrepreneurs who are engaged full time in these fields, further noted the statement.Representatives from a wide range of fields, including education, policy, sociology, agriculture, research, water and renewable energy, medical, engineering and innovation, were present at the discussion with the President.Ministers, State Ministers, Members of Parliament, the Governor of the Central Bank, the Secretary to the President, the Principal Advisor to the President and many others were also present.
DMCA