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GST collections stand at Rs 87,422 crore in July

It also includes 20 thousand 324 crore collected on import of goods and cess is seven thousand 265 crore rupees. Finance Ministry said, the government has settled 23 thousand 320 crore rupees to CGST and 18 thousand 838 crore to SGST from IGST as regular settlement. The total revenue earned ... Read More »

FPIs remain net buyers for 2nd consecutive month in July

According to the depositories data, a net sum of Rs 7,563 crore rupees was invested in equities while Rs 4,262 crore were withdrawn by FPIs in July. The net investment during the month stood at Rs 3,301 crore.  In the previous month, FPIs put in a net Rs 24,053 crore ... Read More »

GST Revenue collection for July 2020

The gross GST revenue collected in the month of July, 2020 is ₹ 87,422 crore of which CGST is ₹ 16,147crore, SGST is ₹ 21,418 crore, IGST is ₹ 42,592 crore (including ₹ 20,324 crore collected on import of goods) and Cess is ₹7,265 crore (including ₹ 807crore collected on import of goods). The government has settled ₹ 23,320 crore to CGST and ₹ 18,838 crore to SGST from IGST ... Read More »

Cupid bags order worth Rs 16.06 crore

Cupid has won the tender for supply of Male Condoms worth around Rs 16.06 crore to Medical Stores Department, Government of Tanzania. It is the first time the company will supply to Government of Tanzania. Cupid manufactures and markets varieties of male and female condoms, water based lubricant, latex dental ... Read More »

Dredging Corporation reports net loss of Rs 79 crore in Q2

Dredging Corporation of India has reported results for second quarter ended September 30, 2018. The company has reported a net loss of Rs 79.16 crore for the quarter under review against net profit of Rs 18.59 crore for the same quarter in the previous year. Total income of the company ... Read More »

Ratnamani Metals bags order worth Rs 165 crore

Ratnamani Metals & Tubes has received a new domestic order valued at approximately Rs 165 crore for supply of CS Pipes for Oil & Gas Sector to be completed between February, 2019 and October, 2019. Ratnamani Metals & Tubes is a multi-location, multi-product company, in India, manufacturing Tubes & Pipes ... Read More »

Wockhardt gets nod to raise Rs 1,800 crore on private placement

Wockhardt has received approval for raising of funds through issuance of Non-Convertible Debentures (NCDs)/ Bonds (secured/ unsecured) on private placement basis up to an aggregate amount not exceeding Rs 1,800 crore. The Board of Directors of the company at its meeting held on November 10, 2018 has approved the same. ... Read More »

Reliance Industries raises Rs 3,000 crore via debentures

Reliance Industries (RIL) has raised Rs 3,000 crore through a privately placed debenture issue. The unsecured, non-convertible redeemable debentures offered 8.95 percent return with a 10-year maturity. The notes shall be redeemed at par at the end of 10 years from the date of allotment — November 9, 2028. RIL ... Read More »

Indian Bank raises Rs 110 crore via bonds

Indian Bank has successfully raised further Rs 110 crore under Basel III Compliant Tier 2 Bonds on November 06, 2018, with a coupon rate of 8.85% p.a., tenor at 10 years and call option after completion of 5 years, on private placement basis. The rating agency, CRISIL assigned ‘AAA/Stable’ rating ... Read More »