Stock Market News Updates Today: Global equities were buoyed today as positive macroeconomic data flow and hopes of a COVID-19 vaccine boosted investor sentiment

Gross mismanagement of the economy, starting with demonetisation in November 2016 and continued with untimely, unplanned and sudden nation-wide lockdown has compounded the GST problem. Centre's refusal to pay compensation to states now may derail it completely

Kotak Mahindra Bank Q1 results: Provision and contingencies surged three times to Rs 962 in April-June quarter of this fiscal as against Rs 317 crore in the same period a year ago

PNB Housing Finance Q1 results: The disbursements stood at Rs 694 crore compared to Rs 7,634 crore ,during Q1FY20 due to the impact of lockdown and economic slowdown

Axis Bank's net interest income (NII) rose 20 per cent YoY to Rs 6,985 crore during Q1FY21 from Rs 5,844 crore in Q1FY20

HUL's revenue from operations increased 4.23 per cent to Rs 10,406 crore during the quarter under review from Rs 9,984 crore in corresponding period last year

Share price of Bajaj Finance fell 6.43% to  Rs 3,220  against previous close of Rs 3,441 on BSE

Bajaj Finance Q1 result: During April-June quarter, company made an additional contingency provision of Rs 1,450 crore, taking the overall contingency provision for COVID-19 to Rs 2,350 crore

The GST revenue from domestic transactions for December has shown an impressive growth of 16 per cent over the revenue during December 2018, the statement says

Forbes rich list: The Chairman and Managing Director of Reliance Industries Mukesh Ambani is now worth $50 billion, up from $40.1 billion in 2018, when he had stood in the 19th spot on the list.

The NPA of the public sector bank increased in the last three fiscals, with the bad loans soaring to Rs 3,851 crore in 2017-2018

The Sensex and Nifty remained above their key levels of 36,000 and 10,900 throughout the session, indicating robust investor optimism after a prolonged lacklustre spell.

Market heavyweight Infosys recovered some ground amid reports that Nandan Nilekani is likely to return as the CEO and MD of the firm. Infosys co-founder Nilekani served as CEO of the firm from March 2002 to April 2007.

In a burst of action, the 90 year old organisation is being restructured to make it more nimble. A digital initiative raymondnext.com is meant to counter the threat from e-tailers.

Country's largest software services firm Tata Consultancy Services (TCS) on Tuesday reported its financial results largely in line with the expectations for the quarter ended September 30.