Shares of Bharti Infratel has risen by 5% at Rs 397, just away from its record high of Rs 399 touched on the NSE in last month, after the firm reported 18% year on year (yoy) growth in its consolidated net profit at Rs 558 crore for the fourth quarter
Hyderabad-based SMS Pharmaceuticals Limited today informed the stock exchanges that the US Food and Drug Administration (USFDA) inspection of unit-7 located at Kandivalasa village in the north coastal district of Vizianagarm in Andhra Pradesh has been
Benchmark indices continue to trade weak in the first session of the truncated week on persistent selling in blue chips on retrospective tax concerns and disappointing March quarterly results.
French IT services company Capgemini said on Monday it planned to buy US-based IGATE Corp for $4 billion cash in a deal that will make North America its biggest market.
Shares of Sterling Holiday Resorts were down nearly 12% to Rs 238 after billionaire investor Rakesh Jhunjhunwala sold majority of shares held by him in Sterling Holiday Resorts (India) Ltd, for a cumulative trade price of Rs 67.21 crore.
Following complaints from shareholders of Varun Shipping on non-receipt of dividend declared and non-receipt of interest for delay in dividend in some cases, the Securities And Exchange Board of India (SEBI) has slammed a notice to the company asking
At 77, Ratan Tata has become a serial investor, exhibiting the enthusiasm of a young entrepreneur. Tata has made six investments in about seven months. He invested in Snapdeal in August followed by Bluestone, Urbanladder, Cardekho, Paytm and now Xiaomi.
Shares of Cholamandalam Investment and Finance gained 3% to Rs 596 after the non-banking finance company posted 48% growth in net profit during the quarter ended March 31, at Rs 137 crore against Rs 92 crore for the same quarter of the previous financial
Shares of mid and small-sized companies were under pressure with both the mid-cap and small-cap indices down 2% each on the bourses.
The recent correction in the market—which has seen the benchmark indices come off around 8 per cent from the peak— provides good buying opportunity from a long- to medium-term perspective.
The markets have surrendered their early gains and have slipped in the red due to losses in the pharma, capital goods, oil and gas, and IT space.
Shares of Kotak Mahindra Bank are trading flat at Rs 1,373, recovering 1.5% from its early morning low on the National Stock Exchange (NSE), after new shares issued by the private sector lender on amalgamation of ING Vysya Bank were permitted for trade
While announcing the March 2015 quarter results on Friday afternoon, Infosys' management team shared the company’s vision for FY20. Infosys aims to clock in $20 billion annual revenue by FY20 (currently $8.7 billion), improve employee productivity
Extending losses for the third consecutive day, the rupee shed 21 paise to hit a four-month low of 63.77 against the US dollar in early trade today at the Interbank Foreign Exchange due to continued demand for the American currency from importers.
The benchmark indices are trading flat, with a negative bias this morning, despite the positive cues from the global front.At 9.40, the Sensex is quoting at 27,436, higher by a mere one point point and the Nifty is at 8289, down 16 points.
Asian shares scaled seven-year highs following stellar earnings from a few US hi-tech giants, but investors were cautious ahead of central bank meetings this week in the US and Japan and on deadlock in creditors' talks with Greece.
Shares of Siemens were trading higher by 2% at Rs 1,255 on the NSE in early morning trade after reporting 83% year on year jump in its standalone net profit at Rs 162 crore for the quarter ended 31 March 2015 (Q2) due to a strong operating
Shares of Pitti Laminations surged 8% to Rs 70 after the company reported robust March quarter earnings after net profit more than doubled to Rs 4.60 crore on the back of strong sales growth.
With the US imposing anti-dumping duty on Chinese tyres, imports of such tyres into India has surged over the past several months, adding to pressure on Indian tyre makers.
Motorcycle companies ended 2014-15 posting their lowest sales growth in two years, hit hard by crippling rural incomes most of which is dependent on agricultural output.