Tag Archives: Rs.

Finance ministry turns down MoRTH’s demand for Rs 43,000 crore hike in outlay

Of the total budgetary support for the current fiscal, MoRTH has already spent Rs. 51,798 crore or 62% by September end, as per the Controller General of Accounts data. Despite the apparent thrust being given to infrastructure spending, the finance ministry has rejected the road transport and highway ministry’s demand for hiking the budget outlay for it by Rs. 43,000 ... Read More »

Buy Bajaj Finance; target of Rs 3860: Prabhudas Lilladher

We initiate coverage on Bajaj Finance (BAF) with a BUY given formidable franchise in consumer financing, strong growth momentum in rural finance and expected uptick in mortgage business post spin off in step down subsidiary. BAF has emerged strong in the recent NBFC rout given 1) <2% GNPA and 65-70% PCR across cycles, avg. 40% positive ALM gap in short ... Read More »

Mahindra Finance registers 66% fall in consolidated net profit to Rs 108.5 crore

Mahindra and Mahindra Financial Services (Mahindra Finance) has posted a decline of 66 per cent in its consolidated net profit to Rs 108.50 crore in the first quarter ended June 30, the company said on July 23. It had registered a net profit of Rs 322.30 crore in the corresponding quarter of the previous financial year. Total income (consolidated) was, however, ... Read More »

Reliance Home Finance falls 7% on extending maturity of NCDs of Rs 400cr

Shares of Reliance Home Financeshed 7.3 percent in the early trade on July 1 after the company extended maturity on certain NCDs of Rs 400 crore. The company in its press release dated June 29 said that in view of the continuing severe liquidity crisis in the sector, the maturity of certain NCDs of Rs 400 crore has been extended till October 31, ... Read More »

Honor 8X, Honor Play, and more phones with up to Rs. 5,000 maximum discount on Amazon India: Deals listed here

The Honor sale brings in exclusive discount offers on Amazon.in and gets a number of deals and offers on its mobile phone devices – Honor 8X, Honor Play, Honor 8C and Honor 7C. Honor View20 with punch-hole display. Chinese smartphone maker, Honor, e-brand under the Huawei group, has announced the onset of Honor Days Sale. The sale has already kicked ... Read More »

Realme 2 Pro Launched in India Starting at Rs. 13,990, Realme C1 Priced at Rs. 6,999: Highlights

HIGHLIGHTS Realme 2 Pro will be launched in India on September 27 The Realme 2 Pro launch event begins at 12.30 pm It’s expected to be the first Realme phone with a dewdrop style notch Realme 2 Pro was launched in India and the company announced that the smartphone goes on sale on October 11 via Flipkart. The three variants ... Read More »

Higher education in India gets a Rs 8,000 crore boost

Government’s estimated schematic budgetary expenditure on health, education and social protection for 2018-19 is Rs 1.38 trillion. Photo: HT New Delhi: To increase investment in higher educational institutions, the Union Cabinet today approved a proposal for expanding the scope of Higher Education Financing Agency (HEFA) by expanding its capital base to Rs 10,000 crore and tasking it to mobilise Rs 1 ... Read More »

Volvo XC90 Hybrid SUV gets cheaper by a MASSIVE Rs. 35 lakh – Here’s how

Yes, you read that right. The Volvo XC90 Hybrid has actually become affordable by as much as Rs 35 lakh. Actually, Volvo Auto India has come up with a new ‘Inscription’ variant of the XC90 Plug-in hybrid that has been priced at Rs 96.65 lakh (ex-showroom). In comparison, the Excellence variant in which this luxury Plug-in hybrid SUV was launched ... Read More »

Myntra Blink Go Fitness Tracker, Its First Smart Wearable Device, Launched at Rs. 4,199

HIGHLIGHTS Blink Go will be available starting from June 22 The wearable tracks steps, distance, calories, sleep, and heart rate It sports a colour TFT display and a choice of ‘designer’ straps Flipkart-owned online fashion marketplace Myntra on Wednesday launched its first smart wearable device, the Blink Go. Priced at Rs. 4,199 (MRP), the fitness band was developed at Innovation Labs of ... Read More »

Mahindra Scorpio at Rs 1.1 lakh discount: Why it’s a terrific buy at this price

With the new financial year kicking in, most mainstream car companies have started offering some really attractive discounts on MY2017 cars that are left in their inventory. The Mahindra Scorpio is one such car that is on sale with huge discounts for the pre-facelift version. Picking up a slightly older Scorpio makes a lot of sense if you factor in ... Read More »