Press Trust of India | Last Updated: July 22, 2016 19:52 (IST)
Indian IT services company HCL Technologies on Friday said it has allotted over 84,000 equity shares under the 2004 Stock Option Plan, taking its paid-up share capital to 141 crore shares.
Press Trust of India | Last Updated: July 22, 2016 19:19 (IST)
Maintaining its upbeat momentum, the rupee on Friday firmed up by another 9 paise to end at a fresh one-week high of 67.08 against the US dollar amid sustained selling of the American currency by banks and exporters.
Press Trust of India | Last Updated: July 22, 2016 18:00 (IST)
Vedanta Limited on Friday announced a revised offer for Cairn India merger. Under this offer, Cairn India shareholders will get one Vedanta share and 4 redeemable preference shares for each share held.
Thomson Reuters | Last Updated: July 22, 2016 13:04 (IST)
Indian shares were little changed on Friday as gains in market heavyweight ITC Ltd on the back of strong quarterly earnings helped offset lacklustre performance by banking and IT sectors.
NDTV Profit Team | Last Updated: July 22, 2016 12:40 (IST)
Vaibhav Sanghavi, managing director and fund manager at Ambit Investment Advisors, told NDTV Profit that although Q1 corporate earnings are disappointing so far, it will recover in the Q3 and Q4 on the back of a consumption recovery.
NDTV Profit Team | Last Updated: July 22, 2016 11:51 (IST)
S Dilli Raj, president at Bharat Financial Inclusion told NDTV Profit that a 10 per cent sequential increase in its borrower base to 5.1 million supported the company's profit in Q1.
NDTV Profit Team | Last Updated: July 22, 2016 10:40 (IST)
Biocon's EBITDA or operating profit jumped 26 per cent to Rs 263 crore compared to Rs 208 crore last fiscal.
NDTV Profit Team | Last Updated: July 22, 2016 09:49 (IST)
ITC shares were choppy on Friday after India's biggest cigarette maker missed earnings estimates in the June quarter. ITC on Thursday posted a net profit of Rs 2,385 crore on net revenue of Rs 10,054 crore in Q1, which was lower than consensus expectations.
NDTV Profit Team | Last Updated: July 22, 2016 09:41 (IST)
The Sensex and Nifty ended Friday's rangebound session on a positive note on buying in metal and power shares. However, the gains were capped due to lacklustre performance by select banking and IT sectors.
NDTV Profit Team | Last Updated: July 22, 2016 08:48 (IST)
The Nifty has been trading in a narrow range in last 5-6 trading sessions, noted Ruchit Jain, equity technical analyst with Angel Broking. It has support in range of 8,450-8,480 levels, he added.
Thomson Reuters | Last Updated: July 22, 2016 07:45 (IST)
The Dow Jones industrial average fell 77.8 points, or 0.42 percent, to 18,517.23, the S&P 500 lost 7.85 points, or 0.36 percent, to 2,165.17 and the Nasdaq Composite dropped 16.03 points, or 0.31 percent, to 5,073.90.
Thomson Reuters | Last Updated: July 22, 2016 07:28 (IST)
Asian stocks dipped on Friday after weak corporate results halted Wall Street's record run overnight, while the yen held to large gains made after the Bank of Japan governor downplayed the need for "helicopter money" stimulus.
Press Trust of India | Last Updated: July 21, 2016 21:01 (IST)
State-owned Hindustan Petroleum Corporation (HPCL) will issue 2:1 bonus shares following a government directive.
Press Trust of India | Last Updated: July 21, 2016 16:55 (IST)
In a sign of growing investor interest in exchange-traded funds (ETFs), their asset base on the National Stock Exchange's Nifty 50 has surpassed the Rs 10,000 crore mark.
Agencies | Last Updated: July 21, 2016 16:03 (IST)
The Sensex fell over 200 points while Nifty settled below its crucial psychological level of 8,550 after hitting its strongest close in nearly a year in the previous session as caution prevailed ahead of corporate results and investors awaited progress on the GST bill.
NDTV Profit Team | Last Updated: July 21, 2016 15:45 (IST)
State Bank of Bikaner and Jaipur (SBBJ) shares fell as much as 4 per cent on Thursday, after the state-run lender swung into a loss in the June quarter. State Bank of Bikaner and Jaipur reported a net loss of Rs 221 crore compared with net profit of Rs 193 crore during the same period last year.
Press Trust of India | Last Updated: July 21, 2016 15:34 (IST)
Debt-laden infrastructure firm Gammon India Ltd reported consolidated net loss of Rs 502.51 crore for 18-month period ended March 31.