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Latest News:

Reliance Jio, Rights Issue, 4G Services

Reliance Jio net loss jumps to Rs 22.5 crore in October-March

Mumbai: Billionaire Mukesh Ambani-led Reliance Jio today reported widening of its net loss to Rs 22.50 crore in the six months to March, a period when the company virtually had no revenue and ran two back-to-back promotional offers... Read More

Sensex, Top companies, Valuation, Capital

Sensex rises 290 pts led by Banks, Nifty settles at 9,218

Mumbai: Sensex rallied nearly 300 points and the broader Nifty reclaimed its crucial psychological level of 9,200 led by gains in banking, infrastructure and real estate shares amid strong global cues as investors breathed a sigh of relief after the ... Read More

Defence-Sector , reliance defence, Pipavav

RCOM-Aircel merger gets shareholders’ approval

New Delhi: Reliance Communications (RCOM) has received 99.99 per cent shareholders approval for merger of its wireless business with Aircel, a company statement said here on Monday.

"The shareholders of Reliance Communications at their meeting conven... Read More


First State Investments hikes stake in Cyient to 9.45%

New Delhi: Global fund house First State Investments has hiked its stake by 1.03 per cent in IT firm Cyient, formerly known as Infotech Enterprises, by buying 11.60 lakh shares in the open market.

In a BSE filing, Cyient said Colonial First State Ass... Read More

IPO , fundraising, stock market

SME IPOs raise Rs 514 cr this year

New Delhi: Spurred by investor interest, 39 small and medium enterprises (SMEs) have raised Rs. 514 crore through initial public offers so far this year, already close to the total garnered in the entire 2016.

Last year, 66 SMEs had raised Rs... Read More

Adlabs Entertainment

Adlabs board to consider fund raising proposal this week

New Delhi: Theme park operator Adlabs Entertainment today said its board will meet later this week to consider a proposal for raising funds.

“A meeting of the board of directors of the company will be held on Thursday, April 27, 2017, to consider and... Read More

TTK Prestige

TTK Prestige declares interim dividend of Rs. 15/share

New Delhi: Kitchen appliances maker TTK Prestige today said its board has declared an interim dividend of Rs. 15 per share.

“The board of directors of the company at a meeting held on April 24, 2017 has declared interim dividend of Rs... Read More

Ultratech cement, Financial results

UltraTech Cement logs Rs 726 cr profit

New Delhi: UltraTech Cement on Monday reported 11.27 per cent fall in consolidated net profit at Rs 725.90 crore for the quarter ended March 31, 2017 against Rs 818.11 crore in the corresponding quarter last year.

Consolidated total income of the com... Read More

HCL Technologies, Financial results

HCL Tech to acquire US-Based Urban Fulfillment Services for $30 mn

Noida: Information Technology giant HCL on Monday announced that it will acquire mortgage business process & fulfilment services provider Urban Fulfillment Services (UFS) for nearly $30 million with 100 per cent stake.

With over 350 professionals, UF... Read More


PM Narendra Modi bats for advancing fiscal year to January-December

New Delhi: Prime Minister Narendra Modi on Sunday pitched for conducting simultaneous elections to the Lok Sabha and the state assemblies and shifting to a January- December fiscal year.

Addressing the Niti Aayog Governing Council's third meeting, wh... Read More