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  • DLF Seeks Interim Relief From Capital Market Ban; Next Tribunal Hearing on October 30

    DLF Seeks Interim Relief From Capital Market Ban; Next Tribunal Hearing on October 30

    Barred by the Securities and Exchange Board of India (Sebi) from accessing capital markets, realty giant DLF on Wednesday sought interim relief from Securities Appellate Tribunal (SAT) to allow it to redeem funds locked in mutual funds and other instruments.

  • Wipro Eyes US Boost Ahead After Q2 Misses Forecasts

    Wipro Eyes US Boost Ahead After Q2 Misses Forecasts

    Wipro Ltd, India's third-biggest software services firm, narrowly missed market expectations with an 8 per cent rise in second quarter profit, but said it saw a rosier end to the year as more confident US clients increase spending.

  • Wipro Posts Q2 Revenues of $1,771 Million, Misses Estimates

    Wipro Posts Q2 Revenues of $1,771 Million, Misses Estimates

    Total IT services revenues of the company in dollar terms was $1,771.5 million in the second quarter, a sequential increase of 1.8 per cent. Its IT services business logged margins of 22 per cent, against expectations of 22.4 per cent.

  • Kotak Mahindra Bank Meets Estimates; Q2 Net Rises 23%

    Kotak Mahindra Bank Meets Estimates; Q2 Net Rises 23%

    Its earnings were broadly in line with street estimates as analysts polled by NDTV had estimated its consolidated net profit at Rs 853 crore on NII of Rs 1,014 crore.

  • HDFC Meets Estimates, Q2 Net Jumps 7%

    HDFC Meets Estimates, Q2 Net Jumps 7%

    Its results were at par with street estimates as analysts polled by NDTV had estimated its profit at Rs 1,365 crore on net interest income of Rs 1,579 crore.

  • Tata Metaliks Surges Over 17 Per Cent After Reporting Profit

    Tata Metaliks Surges Over 17 Per Cent After Reporting Profit

    Tata Metaliks surged 17.5 Per Cent to Rs 153.80 on Wednesday - its highest level since October 2010.

  • HCL Tech Bags Multi-million Dollar IT Deal From De Beers

    HCL Tech Bags Multi-million Dollar IT Deal From De Beers

    Leveraging its Enterprise of Future (EoF) offering, HCL will deliver end-to-end solutions including data centre operations, multi-lingual service desk, LAN management, security services, service management including tools, desk side support and project services to transform De Beers' IT infrastructure across the globe, it said in a statement.

  • DLF Falls Over 4% as Tribunal Adjourns Hearing Against Sebi Order

    DLF Falls Over 4% as Tribunal Adjourns Hearing Against Sebi Order

    Shares in DLF plunged as much as 4.5 per cent in afternoon trade on Wednesday amid the Securities Appellate Tribunal (SAT) adjourning the hearing of its plea against an order by the Securities and Exchange Board of India (Sebi).

  • DLF Seeks Interim Relief From Capital Market Ban

    DLF Seeks Interim Relief From Capital Market Ban

    DLF lodged its appeal with the Securities Appellate Tribunal, which will conduct its next hearing on October 30.

  • Coca-Cola Announces Growth Plan as Profit Falls 14%

    Coca-Cola Announces Growth Plan as Profit Falls 14%

    The Atlanta-based company said it would hand back, or refranchise, about two-thirds of its North American bottling territories by the end of 2017, and a substantial portion of the remaining territories no later than 2020.

  • Yahoo Ekes Out Q3 Revenue Gain Despite Display Ad Weakness

    Yahoo Ekes Out Q3 Revenue Gain Despite Display Ad Weakness

    Yahoo Inc reported a modest increase in revenue during the third quarter, exceeding lackluster Wall Street targets, as the Internet company's online display advertising business continued to struggle.

  • Apple, Supplier GT Strike Deal to Unseal Info, Shutter Arizona Plant

    Apple, Supplier GT Strike Deal to Unseal Info, Shutter Arizona Plant

    A lawyer for GT, Apple's erstwhile sapphire supplier, described the deal at a hearing in US Bankruptcy Court in Springfield, Massachusetts, saying it would save the company money and allow it to be more open about its mysterious Chapter 11 filing on October 6.

  • Yahoo CEO Marissa Mayer Parries Activist Investor Attacks

    Yahoo CEO Marissa Mayer Parries Activist Investor Attacks

    Chief Executive Marissa Mayer spent much of Tuesday's earnings call highlighting improvements in Yahoo's mobile business, the benefits from acquisitions and billions of dollars in buybacks.

  • India Infoline Posts 65% Rise in Q2 Profit

    India Infoline Posts 65% Rise in Q2 Profit

    Income from fund-based activities rose 28.1 per cent to Rs 649.2 crore, while loan portfolio, which comprises predominantly retail, rose 31 per cent to Rs 12,993 crore, the company said.

  • KPIT's Q2 Profit Up 5.8% at Rs 70.6 Crore

    KPIT's Q2 Profit Up 5.8% at Rs 70.6 Crore

    Its Q2, 2014-15, net sales rose 7.8 per cent to Rs 757.4 crore, as against Rs 702.7 crore in the year-ago period.

  • JSPL Confident of Taking Part in Coal Block Auction: CEO

    JSPL Confident of Taking Part in Coal Block Auction: CEO

    JSPL, whose coal blocks were among those cancelled by the Supreme Court, on Tuesday exuded confidence that it will be allowed to take part in the proposed auction of mines.

  • NSEL Scam: Two Top Honchos of Defaulting Firms Arrested

    NSEL Scam: Two Top Honchos of Defaulting Firms Arrested

    Mumbai Police on Tuesday arrested two top honchos of different defaulting companies, which collectively owe over Rs 1,000 crore to the crisis-hit National Spot Exchange Ltd (NSEL).

  • Gujarat Alkalies Posts Rs 48.68 Crore Net Profit in Q2

    Gujarat Alkalies Posts Rs 48.68 Crore Net Profit in Q2

    Gujarat Alkalies and Chemicals Ltd (GACL) on Tuesday reported a marginal increase in net profit at Rs 48.68 crore for the quarter ended September 2014 as compared to Rs 47.78 crore during the same period last year.

  • Yahoo in Talks to Buy Ad Service BrightRoll: Report

    Yahoo in Talks to Buy Ad Service BrightRoll: Report

    Online search and advertising company Yahoo Inc is in talks to buy digital video advertising service provider BrightRoll for around $700 million, tech blog TechCrunch reported.

  • Battle for Mangalore Chemicals Set to Escalate; Deepak Ups Stake

    Battle for Mangalore Chemicals Set to Escalate; Deepak Ups Stake

    Takeover battle for Mangalore Chemicals Fertilizers Ltd (MCFL) is set to be further intensified as Deepak Fertilisers has raised its stake by about 6 per cent through an open offer to about 32 per cent and inched closer towards the rival Zuari-UB group's combined stake.

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