Five of top-10 firms take Rs 38,724 cr hit in m-cap

Feb 18 2018

The combined market valuation of five of the 10 most valued companies fell by Rs 38,724.25 crore last week, with SBI being the worst hit.

Equity indices surge on global cues; banks, IT stocks gain

Feb 15 2018

Positive global cues, coupled with healthy buying in metals, banking and IT stocks, pushed the key Indian equity indices higher during the mid-afternoon trade session.

HCL Infosystems posts Q3 loss of Rs 62 cr, to sell care biz

Jan 31 2018

IT firm HCL Infosystems said its net loss widened to Rs 62 crore for the December 2017 quarter from Rs 50 crore in the year-ago period.

I-T busts refund fraud, claims nexus between top cos employees,CA

Jan 25 2018

The department claimed that the CA filed "nearly 1,000 returns with loss from house property, aggregating to loss claim of Rs 18 crore" till now.

Sensex up 30 pts in volatile trading, Nifty above 11,050

Jan 24 2018

The 30-share index was trading marginally higher by 30.37 points or 0.08 per cent at 36,170.35 at 1050 hrs.

92 large cos can pay additional Rs 34,000cr in dividends: IiAs

Jan 18 2018

As many as 92 large companies which sit on a mount of cash, can pay out additional dividends to the tune of Rs 34,000 cr, for the past fiscal year, says a report.

Winning large deals key for IT companies in 2018: Balakrishnan

Jan 17 2018

"2018 should be better (than 2017) but again the key to success is to win large deals when they come up for renewal," Balakrishnan told PTI.

Sensex advances 70 pts in volatile trade, IT stocks gain

Jan 17 2018

The benchmark BSE Sensex recovered 70 points in opening trade today on gains in IT, banking and auto stocks despite weak Asian cues.

Will be there as long as I'm needed, not a day longer: Nilekani

Jan 12 2018

Infosys non-executive Chairman Nilekani expressed satisfaction at the progress made in bringing stability to the company, saying he will stay only "as long as required".

India Week Ahead (Jan 8-14): Earnings Seasons kicks off

Jan 08 2018

Key equity indices ended up 0.2%. Nifty gained 0.2% while Bank Nifty rose 0.15% for the week ending January 5. A look at key events to watch out for:

Indian Markets


    33,906.62 131.96   (0.39 %)

    10,405.10 26.70   (0.26 %)

Global Markets


Stocks In News



Promoter Instant Holdings bought over 1% stake, or 28 lk skares, in co for Rs 111 Cr

Shares acquired at average price of Rs 395.95

By Dec 2017, Instant Holdings held 1.80 cr shares, or 7.01% stake, in Co

Mint Reports


Automotive Tyre Mfg Association says shortage of carbon black may shutdown plants

Demand supply gap has gone up to 20% in FY18

Financial Express Reports


Centre urges graphite electrode mfg cos to cut local prices

Also signaled possibility of introduction of an export tax

Graphite electrodes are used to melt scrap to produce new steel

Financial Express Reports


Arm Buys 4.84% More Stake In Ranbaxy Malaysia For 1.66 Mn Ringgit


Acquires 46% stake in PTCL with a total Enterprise Value of Rs 232 Cr

Acquisition indicated to be completed by Q1 FY19

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