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Latest News:

Circuit Limit

IT stocks fall on Trump’s comments on US visas

Mumbai: Nifty IT index fell as much as 1.51 per cent as US President-elect Donald Trump had on Friday pledged to stop companies from abusing the visa process for foreign workers.

Indian companies have long used H1-B skilled worker visas to fly comput... Read More

tyagi

AgustaWestland scam: India ex-air force boss arrested for bribery

New Delhi: Police in India have arrested former air force chief SP Tyagi over allegations of corruption in a luxury helicopter deal with Anglo-Italian company AgustaWestland.
The Central Bureau of Investigation (CBI) said Mr Tyagi had given the compa... Read More

BSNL, Profitability, Employees, Salary hike

BSNL to launch unlimited mobile calls plan at Rs 149

With the entry of Reliance Jio, the other telecom service providers are rolling out many combo packs, free offers, additional benefits, etc. to stay competitive.
BSNL Rs. 149 Plan to Offer Unlimited Voice Calls, 300MB Data!

Now, BSNL has come up with... Read More

researchreport2nov

Research Report – Ceat

Consistent business growth over the last few years:

The business of CEAT Ltd have grown consistently over the last 4-5 years. In the year 2011, it recorded sales of INR 3,631 Cr which increased to INR 5,714 Cr in FY 2016... Read More

Blue dart, Financial Results

Blue Dart posts 21% fall in Q2 profit

New Delhi: Logistics company Blue Dart Express on Wednesday reported a 20.68 per cent decline in net profit at Rs 42.80 crore for the quarter ended September.

The company had clocked a net profit of Rs 53... Read More

Urjit Patel, Deputy Governor, RBI

RBI Cuts Repo Rate To 6-Year Low In Urjit Patel’s First Monetary Policy, EMIs To Fall

The Reserve Bank of India in its monetary policy review today cut its key lending rate or repo rate by 25 basis points to nearly six-year low of 6.25 per cent, from 6.5 per cent. Banks are likely to pass on the RBI rate cut to customers.

Today's rate... Read More

Honda Motorcycle

HMSI sales grow 32% in September to record 5,69,011 units

New Delhi: Honda Motorcycle and Scooter India (HMSI) reported a 32.1 percent increase in its total sales at a record 5,69,011 units in September.

The company had sold 4,30,724 units in September last year, HMSI said in a statement.

Sales in September... Read More

nirma

Nirma cements India’s biggest M&A bond

SINGAPORE: Household products manufacturer Nirma has raised Rs. 4,000 crore ($600 million) to fund the acquisition of Lafarge India, in the largest M&A bond in the local market.

The four-tranche rupee offering was priced at annualised yields of 8... Read More

Vedanta, Financial results

Vedanta sweetens Cairn India merger deal for shareholders

Mumbai: Anil Agarwal-owned Vedanta, which is looking to merge its subsidiary Cairn India with itself, has sweetened the deal for its shareholders.

Under the revised offer, Cairn India shareholders will get one Vedanta share for every share they own... Read More

NMDC, share buyback, stock market

NMDC Fears Cash Shortage On Share Buyback Plan

New Delhi: State-owned iron ore miner NMDC Ltd may borrow funds for the first time in more than two decades next fiscal year to cover a potential cash shortage caused by a government-mandated share buyback, two company sources said last week.

The gov... Read More

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