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Our jewellery division recovered from pandemic, entered growth phase: Titan

Tata group firm Titan on Wednesday said its jewellery division has recovered from the COVID-19 pandemic jolt, entering the growth phase, and other divisions have moved closer to full recovery led by festive season sales in the third quarter of the current fiscal.
The company had reported an unprecedented net loss of Rs 297 crore in the April-June quarter due to the pandemic. Its standalone net profit declined 37.81 per cent to Rs 199 crore for the quarter ended September 30, 2020 as against a net profit of Rs 320 crore in the corresponding period of the preceding fiscal.
"The company had been expecting a good festive season given the fact that there were signs that customers wanted to feel good by stepping out and shopping after 6 months of being restricted primarily to their homes.

India , Multi-commodity-exchange-of-india , Titan-eye-plus , Titan-commodity-trading , Multi-commodity-exchange , Titan-group , Titan-jewellery , Covid-19-impact-on-companies , Coronavirus-impact-on-businesses , இந்தியா , பல-பண்டம்-பரிமாற்றம்-ஆஃப்-இந்தியா

ICICI Bank, SBI, Wipro: Here are the Top Stocks for Today

ICICI Bank, SBI, Wipro: Here are the Top Stocks for Today
Image for representation. (Reuters photo)
SGX Nifty is indicating a positive start for Nifty50 and Sensex as it was trading 41.50 points or 0.30 percent higher at 13,929.50 at 7:10 am.
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SGX Nifty is indicating a positive start for Nifty50 and Sensex as it was trading 41.50 points or 0.30 percent higher at 13,929.50 at 7:10 am. It is likely that the Indian market will open higher on December 29.
Here are the top stocks for investors today:
AU Small Finance Bank: A partnership between ICICI Prudential Life Insurance and the bank will offer customers need and goal-based life insurance.

Bangladesh , India , Shobinder-duggal , Azentio-software , Punjab-national-bank , Biocon , Wipro , Au-small-finance-bank , Titan-company , Life-insurance-company , Life-insurance-corporation , Titan-commodity-trading

Biocon, Titan Company, TVS Motor in spotlight

Biocon announced the launch of Tacrolimus capsules in the US. Tacrolimus, a calcineurin inhibitor, is an immunosuppressant used in the treatment of organ transplant patients, which reduces the body's ability to reject a transplanted organ. It has been particularly effective in treating patients of renal transplant for more than two decades.
The Board of Directors of HDFC Bank has recommended the appointment of the Part-Time Chairperson of the Bank and has submitted its recommendation to the Reserve Bank of India for approval. The tenure of the existing Part-Time Chairperson of the Bank, Mrs. Shyamala Gopinath, shall end at the close of business hours of January 1, 2021, pursuant to the tenure approved by the Reserve Bank of India.

Bangladesh , India , Shyamala-gopinath , Titan-company , Au-small-finance-bank , Time-chairperson-of-the-bank , Biocon , Great-eastern-shipping-company , Committee-of-the-board , Motor-company , Part-time-chairperson , Reserve-bank

Top stocks to watch — Wipro, RIL, Future Retail, Reliance Capital, AU Small Finance, Biocon, Titan, and others

At 7:45 am, the SGX Nifty was up 0.26%, indicating a green start for Nifty50. Here’s a list of stocks to watch for in trade today. Check out the latest news

Cochin , Kerala , India , United-states , Singapore , American , Donald-trump , Credit-suisse , Azentio-software , Biocon , Amazon-inc , Wipro

Key indices hit record high

Key benchmark indices are trading firm in early trade on buying demand in index pivotals. At 9:25 IST, the barometer index, the S&P BSE Sensex, was up 258.81 points or 0.55% at 47,612.56. The Nifty 50 index was up 65.95 points or 0.48% at 13,939.15. The Sensex scaled record high above 47,650 mark in early trade. The Nifty also hit record high above 13,950 mark. Positive Asian stocks boosted sentiment.
The S&P BSE Mid-Cap index was up 0.42%. The S&P BSE Small-Cap index was up 0.64%.
The market breadth, indicating the overall health of the market, is strong. On the BSE, 1477 shares rose and 612 shares fell. A total of 107 shares were unchanged.

Bangladesh , India , Shyamala-gopinath , Donald-trump , Au-small-finance-bank , Titan-company , Biocon , Great-eastern-shipping-company , Motor-company , Committee-of-the-board , Reserve-bank , Titan-commodity-trading