Going beyond the headline to connect directly with the companies that are the buzzing stock movers on Dalal Street.
February 16: MSCI Inc On Thursday 'Strongly Suggested' That India's Exchanges Should Reconsider The Anti-Competitive Action To Stop Licensing Their Indexes And Securities To Foreign Exchanges. We Caught Up With Market Expert Anand Tandon To Discuss This In Detail.
February 16: 8K Miles Software Services Reported A 67 Per Cent Growth In Net Profit At Rs 44.80 Crore For The Three Months To December, While It Revenue Grew 58 Per Cent To Rs 224.46 Crore. To decode the quarter in detail, we spoke to Suresh Venkatachari, Chairman & CEO At 8K Miles.
February 16: NBCC Reported A 6 Per Cent Increase In Its Consolidated Net Profit At Rs 68.34 Crore For The Quarter Ended December. Its Net Profit Stood At Rs 64.44 Crore In The Year-Ago Period. Anoop Kumar Mittal, CMD At NBCC Says That Current Orderbook Stands At Rs 80,000 Cr. He Further Says That The Company Expect To Bag Orders Worth Rs 25,000-30,000 Cr Going Forward.
February 15: Details Keep Trickling In With Regard To The Massive Bank Fraud Case Reported By The Punjab National Bank. The Fraud Reported Is To The Tune Of 11 And A Half Thousand Crores. In An Exclusive Chat With Anjan Ghosh, Executive VP At ICRA Explains His View On The Current Big Bank Fraud. Listen In To That Conversation.
February 15: Infibeam Has Posted A Strong Third Quarter Performance. Profit Has Jumped Nearly 3 Times And Revenue Doubled. We Caught Up With Vishal Mehta, Managing Director At Infibeam To Get A Fineprint Of Their Third Quarter.
February 14: V-Mart Retail Delivers A Strong Third Quarter With Profit Up Almost 27 Percent. They Have Also Posted A Revenue Growth Of 12 Percent. We Connected With The CFO Anand Agarwal To Get More Details.
February 14: Minda Industries Has Posted A 37 Per Cent Increase In Its Consolidated Net Profit At Rs 59.47 Crore For The Third Quarter Ended December 2017. To Decode The Quarter In Detail, We Caught Up With NK Minda, CMD At Minda Industries.
February 9: Fortis Healthcare Hogged Limelight After Reports That Fortis Founders Malvinder Singh And His Brother Shivinder Singh Are Said To Have Taken $78 Million Out Of The Firm. Deloitte Has Refused To Certify Fortis' Q2 Results. We Caught Up With Sandeep Parekh, Former ED At SEBI To Discuss This In Detail.
February 9: Muthoot Finance Reported 59 Per Cent Jump In Its Consolidated Net Profit To Rs 464 Crore For The Third Quarter Ended December 31. We Caught up with George Alexander Muthoot, MD At Muthoot Finance To Decode The Quarter In Detail.
US dollar ends higher against rupee
Mumbai: The US dollar ended sharply higher against the rupee at 64.21/22 per dollar and the pound sterling also finished higher at Rs 90.34/36 per pound at the close of the Interbank Foreign Exchange (forex) market here today.
Following are the Interbank forex and RBI rates: (In Rs per unit) Unit Interbank RBI Reference US Dollar 64.21/22 US Dollar Rs 63.9097 Pound Sterling 90.34/36 Euro Rs 80.1683 Euro 80.18/20 Japanese Yen (100) 60.50/52
Approves Allotment Of 24.9 Mn Shares On Preferential Basis To 8 Investors
Approves Allotment Of 24.9 Mn Shares At Rs 1,726.05/Share
MAHINDRA & MAHINDRA
To invest in Zoomcar India, Zoomcar Inc, U.S.
To invest Rs 176 cr in Zoomcar India
Initial investment in Zoomcar India likely to be completed by Feb 20
Additional investment in Zoomcar India expected to be completed by Aug 31
Co’s stake to increase to 16%
RBI inspection had found diversion of funds within group firms
Funds to the tune of Rs 525 cr given to intermediary borrowing cos
Religare Finvest increased corporate loan book against RBI’s directions
RBI has asked for clarity on rollover of fixed deposits with a bank
Findings suggested continued weakness of internal controls
Economic Times Reports
SC Allows Sale Of Fortis Health Shares Pledged With Lenders
SC allows Axis Bank, Yes Bank to sell, transfer pledged share of Fortis
Earlier, SC had restrained financial institutions from selling pledged shares
Business Standard Reports
Granted European GMP certification from Hungarian regulators for Mfg plant at Goa