Suzlon Energy posts quarterly net loss of Rs.286.46 crore
February 11th, 2012 - 9:59 pm ICT by IANS
Mumbai, Feb 11 (IANS) India's wind turbine manufacturing major Suzlon Energy Saturday posted net loss of Rs.286.46 crore for the quarter ended Dec 31.It had posted a net loss of ... Read more...
Posted in Business |
BSE SME exchange may come up by March-end
February 10th, 2012 - 10:24 pm ICT by IANS
Kolkata, Feb 10 (IANS) The much-awaited Bombay Stock Exchange (BSE) Small and Medium Enterprises (SME) platform may come up before the end of this fiscal. It targets to list 500 ... Read more...
Posted in Business |
Reliance Capital Q3 net profit up 229 percent
February 10th, 2012 - 8:22 pm ICT by IANS
Mumbai, Feb 10 (IANS) Financial services major Reliance Capital Friday reported a 229 percent increase in net profit for the quarter ended Dec 31 at Rs.15.2 crore from Rs.4.62 crore ... Read more...
Posted in Business |
Sensex closes 82 points lower as industrial output slows (Roundup)
February 10th, 2012 - 6:55 pm ICT by IANS
Mumbai, Feb 10 (IANS) A benchmark index for Indian equities markets Friday closed 82 points lower as traders booked profits after data showed industrial output grew at a slow ... Read more...
Posted in Business |
Mahindra Satyam to acquire minority stake in Dion Global
February 10th, 2012 - 2:23 pm ICT by IANS
Mumbai, Feb 10 (IANS) Leading global IT and communications services provider Mahindra Satyam will acquire minority stake in Dion Global Solutions Ltd at an investment of Rs.35 crore, the companies ... Read more...
Posted in Sci-Tech |
Sensex zooms 123 points up, FII interest intact (Roundup)
February 9th, 2012 - 6:52 pm ICT by IANS
Mumbai, Feb 9 (IANS) A late rally helped a benchmark index of Indian equities markets close 123 points up Thursday, with metals and realty stocks gaining the most. Support ... Read more...
Posted in Uncategorized |
Hindalco Industries quarterly net profit drops 2 percent
February 9th, 2012 - 6:40 pm ICT by IANS
New Delhi, Feb 9 (IANS) Hindalco Industries Ltd Thursday posted a decline of 2 percent in net profit at Rs.450.7 crore for the quarter ended Dec 31 against Rs.460.34 crore ... Read more...
Posted in Uncategorized |
Sensex rallies in last hour, closes 160 points higher (Lead)
February 9th, 2012 - 5:08 pm ICT by IANS
Mumbai, Feb 9 (IANS) A benchmark index of Indian equities markets Thursday shot up in the last hour of trade, after languishing in the red for most of the ... Read more...
Posted in Business |
Jubilant FoodWorks Q3 net profit rises 55.47 percent
February 8th, 2012 - 8:59 pm ICT by IANS
New Delhi, Feb 8 (IANS) Jubilant FoodWorks (JFL), which operates pizza vendor Domino's, Wednesday reported a 55.47 percent increase in net profit at Rs.29.47 crore for the third quarter ended ... Read more...
Posted in Business |
Thomas Cook’s India business up for sale
February 8th, 2012 - 7:19 pm ICT by IANS
Mumbai, Feb 8 (IANS) Global travel business major Thomas Cook Wednesday said it was in the process of selling its 77.1 percent stake in its Indian subsidiary and had received ... Read more...
Posted in Business |
Bharti Airtel’s quarterly net profit declines 22.4 percent (Lead)
February 8th, 2012 - 2:22 pm ICT by IANS
New Delhi, Feb 8 (IANS) Telecom major Bharti Airtel Wednesday reported a 22.4 percent decline in consolidated net profit at Rs.1,011.3 crore for the quarter ended Dec 31 owing to ... Read more...
Posted in Sci-Tech |
Aviation stocks rally after direct jet fuel import allowed
February 7th, 2012 - 5:06 pm ICT by IANS
Mumbai, Feb 7 (IANS) Scrips of three listed domestic carriers -- Jet Airways, Kingfisher Airlines and SpiceJet -- rallied after the government Tuesday allowed airlines to import jet fuel ... Read more...
Posted in Business |
SpiceJet’s third quarter net loss at Rs.39.26 crore
February 6th, 2012 - 7:33 pm ICT by IANS
Mumbai, Feb 6 (IANS) Budget carrier SpiceJet Monday reported a net loss of Rs.39.26 crore for the quarter ended Dec 31 from a net profit of Rs.94.44 crore in the ... Read more...
Posted in Business |
Larsen and Toubro bags Rs.1,937 crore order from GVK Group
February 6th, 2012 - 5:10 pm ICT by IANS
Mumbai, Feb 6 (IANS) Larsen and Toubro (L&T;) Monday said it has bagged an order worth Rs.1,937 crore from the GVK Group for four-laning of a highway in Madhya Pradesh.The ... Read more...
Posted in Uncategorized |
Indian markets rally for the fifth straight week (Weekly market review)
February 4th, 2012 - 3:50 pm ICT by IANS
Mumbai, Feb 4 (IANS) Indian equities markets rallied for the fifth consecutive week with investors buoyed by the hope that the economy could shrug off the sluggishness of the ... Read more...
Posted in Business |
Sensex soars past 17,600 points; registers 5th weekly gain (Roundup)
February 3rd, 2012 - 6:27 pm ICT by IANS
Mumbai, Feb 3 (IANS) Main indices of Indian equities markets rallied for the fifth straight week, with benchmark Sensex rising above 17,600 points on the back of continued buying ... Read more...
Posted in Business |
Stocks of firms with tainted phone licenses fall further
February 3rd, 2012 - 12:12 pm ICT by IANS
Mumbai, Feb 3 (IANS) Stocks of firms that face cancellation of telecom licences after the Supreme Court order continued to rule in the red Friday, with investors expecting their ... Read more...
Posted in Business |
New telecom firm promoter scrips fall, older one’s gain on SC order (Lead)
February 2nd, 2012 - 7:37 pm ICT by IANS
Mumbai, Feb 2 (IANS) Stocks of firms that face cancellation of telecom licences after a Supreme Court order, which fell sharply in intra-day at Indian stock markets Thursday, managed to ... Read more...
Posted in Business |
2G licence cancellation to affect banks
February 2nd, 2012 - 6:34 pm ICT by IANS
New Delhi, Feb 2 (IANS) Major lenders including State Bank of India and Punjab National Bank have lent money to most of the telecom firms whose 2G licences will ... Read more...
Posted in Business |
Supreme Court order takes toll on telecom scrips
February 2nd, 2012 - 2:06 pm ICT by IANS
Mumbai, Feb 2 (IANS) Stocks of firms that face cancellation of telecom licences after a Supreme Court order fell sharply on Indian stock markets Thursday, even as those of one ... Read more...
Posted in Business |
Fortis buys Singapore diagnostic firm for $50 mn, stock up
February 1st, 2012 - 2:46 pm ICT by IANS
Mumbai, Feb 1 (IANS) Fortis Healthcare said Wednesday it had bought an 85 percent stake in Singapore's Redline-Asia, an outpatient diagnostic chain, for about $50 million (Singapore
$62.9 million).The stock ... Read more...
Posted in Business |
Sensex closes January with 11 percent gain, best in 16 months (Roundup)
January 31st, 2012 - 7:10 pm ICT by IANS
Mumbai, Jan 31 (IANS) A benchmark index for Indian equities rallied 336 points to close January with a whopping 11.24 percent gain -- the best monthly performance since September ... Read more...
Posted in Business |
TVS Motor’s third quarter net profit up 1.39 percent
January 31st, 2012 - 5:53 pm ICT by IANS
Mumbai, Jan 31 (IANS) Two- and three-wheeler maker TVS Motor Tuesday reported a 1.39 percent rise in net profit for the quarter ending December at Rs.1,728.1 crore from Rs.1,437.02 crore ... Read more...
Posted in Business |
Sensex erases Monday losses, closes 336 points up (Second Lead)
January 31st, 2012 - 5:13 pm ICT by IANS
Mumbai, Jan 31 (IANS) A benchmark index for Indian equities Tuesday wiped out the previous session's losses with a 336-point rally amid robust buying in banking, realty and metal ... Read more...
Posted in Business |
PNB quarterly net profit rises 5.5 percent
January 31st, 2012 - 4:39 pm ICT by IANS
Mumbai, Jan 31 (IANS) State-owned Punjab National Bank Tuesday reported a 5.5 percent increase in net profit at Rs.1,150 crore for the quarter ended Dec 31 as against Rs.1,089.77 crore ... Read more...
Posted in Business |
ICICI’s third quarter net profit up 20.25 percent
January 31st, 2012 - 4:02 pm ICT by IANS
Mumbai, Jan 31 (IANS) India's largest private lender ICICI Bank Tuesday reported a 20.2 percent rise in net profit for the quarter ending December at Rs.1,728.1 crore from Rs.1,437.02 crore ... Read more...
Posted in Uncategorized |
Sensex closes 370 points lower, capital goods lose (Roundup)
January 30th, 2012 - 6:52 pm ICT by IANS
Mumbai, Jan 30 (IANS) A benchmark index for Indian equities Monday closed 370 points lower as domestic investors booked profits after a three-week rally amid negative global cues. Capital ... Read more...
Posted in Business |
Sensex closes 378 points lower (Second Lead)
January 30th, 2012 - 5:14 pm ICT by IANS
Mumbai, Jan 30 (IANS) A benchmark index for Indian equities Monday closed 378 points lower as traders booked profits after a three-week rally.The 30-scrip sensitive index (Sensex) of the ... Read more...
Posted in Business |
LIC Housing Finance quarterly profit up
January 30th, 2012 - 4:40 pm ICT by IANS
Mumbai, Jan 30 (IANS) LIC Housing Finance Ltd Monday reported 43 percent increase in net profit at Rs.305.69 crore for the quarter ended Dec 31 against Rs.213.5 crore during the ... Read more...
Posted in Business |
IVRCL arm bags Rs.1,300 crore highway project
January 30th, 2012 - 3:26 pm ICT by IANS
Mumbai, Jan 30 (IANS) Infrastructure firm IVRCL Ltd Monday said its subsidiary, IVRCL Assets and Holdings Ltd, has bagged a Rs.1,300 crore project from the National Highway Authority of India ... Read more...
Posted in Business |
Sensex continues in red in noon trade (Lead)
January 30th, 2012 - 2:00 pm ICT by IANS
Mumbai, Jan 30 (IANS) A benchmark index for Indian equities Monday noon continued to trade in the red, amid selling pressure in blue-chip stocks like RIL and ICICI Bank. ... Read more...
Posted in Business |
Overseas investors bullish, pump in over $1.78 bn
January 29th, 2012 - 4:00 pm ICT by IANS
Mumbai, Jan 29 (IANS) Foreign institutional investors (FIIs) have been bullish over Indian equities markets since 2012 opened as declining inflation and a clear signal from the Reserve Bank ... Read more...
Posted in Business |
Sensex rises for fourth straight week; up 495 points (Weekly market review)
January 28th, 2012 - 4:10 pm ICT by IANS
Mumbai, Jan 28 (IANS) A benchmark index for Indian equities markets rallied nearly three percent in this week's trade, closing in the positive for the fourth straight week on ... Read more...
Posted in Business |
BHEL quarterly net profit rises 2 percent
January 27th, 2012 - 7:27 pm ICT by IANS
New Delhi, Jan 27 (IANS) State-owned Bharat Heavy Electricals Ltd (BHEL) Friday reported 2 percent increase in net profit at Rs.1,432.6 crore for the quarter ended Dec 31 against Rs.1,403 ... Read more...
Posted in Business |
NTPC’s third quarter net falls 10.16 percent
January 27th, 2012 - 7:04 pm ICT by IANS
Mumbai, Jan 27 (IANS) Electricity generation public sector company NTPC Friday reported a 10.16 percent decline in its net profit for the third quarter of the current fiscal at Rs.2,130.39 ... Read more...
Posted in Business |
