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Wipro Q4: PAT at Rs 1,800 Cr

Wipro Q4: PAT at Rs 1,800 Cr

Wipro in its Q4 ended March 2018 results posted a profit of Rs 1,800.80 crore in Q4FY18 compared to net income of Rs 1930 crore.

Higher FSI may lead to reduction in real estate prices: AnujPuri

Higher FSI may lead to reduction in real estate prices: AnujPuri

Anuj Puri, Chairman at Anarock Property Consultants says higher FSI will create lot of opportunities for Mumbai based realtors.

FSI hiked to 3 for South Mumbai

FSI hiked to 3 for South Mumbai

Development boost on realty front. FSI in Mumbai has been increased to 3 from 1.33 and the Municipal Corporation favours affordable housing in no development zones. Karishma Asoodani reports.

The MF Guide: Solving your MF queries

The MF Guide: Solving your MF queries

In this episode of The MF Guide, we discuss TCS and also solve your mutual fund investment queries with Suresh Sadagopan, Founder of Ladder7 Financial Advisories and Vatsal Shah, Head-Wealth Management at Sushil Finance.

Expect 15-18% growth for Nifty in FY19: Mihir Vora

Expect 15-18% growth for Nifty in FY19: Mihir Vora

Market Guru Mihir Vora of Max Life Insurance shares his perspective on markets and he is bullish on FMCG, consumer staples, discretionary, construction linked stocks.

Stellar Q4 for Raymond

Stellar Q4 for Raymond

Sanjay Bahl, Group CFO at Raymond says they have added 139 stores in FY18 and want to add more 200 stores in FY18-19.

Call BTVI - Discussing trading

Call BTVI - Discussing trading

On this episode of Call BTVI, our experts Saurabh Jain and Hemen Kapadia discuss trades in various industries.

Cabinet to set MSP for jute & cotton

Cabinet to set MSP for jute & cotton

Cabinet to set MSP for jute & cotton in meeting on Wednesday. Chetan Bhutani joined us with the details.

Zensar Tech Q4: Revenue rises 9.5%

Zensar Tech Q4: Revenue rises 9.5%

Sandeep Kishore, CEO & MD at Zensar Technologies says company’s digital business grew to contribute 38% of overall revenues.

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Global Markets

 

Stocks In News

 

IDFC

In talks to sell MF and broking units for Rs 600 Cr

Bain Capital , Warburg, Yes Bank and IndusInd said to have expressed interest

The AMC business had an AUM of Rs 66392 cr and PAT of Rs 58 cr in FY17

The Securities business had a PAT of Rs 29 cr in FY17

Economic Times Reports

INDIAN HOTELS

Taj Mansingh auction to begin on 19th June18 as per NDMC notice

NDMC - New Delhi Municipality Council

Potential bidders can submit bids starting from 18th May

The hotel is a 292 room five star hotel currently operated by IHCL

Mint Reports

CADILA HEALTHCARE

Zydus Gets final approval from USFDA for Methylprednisolone

Will be manufactured at formulations manufacturing facility at Moraiya, Ahmedabad

Also received final approval to market Cinacalcet Hydrochloride Tablets

Will be manufactured at facility at SEZ, Ahmedabad

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