scrip

Reliance Communications stock surges on tariff hike


September 21st, 2012 - 6:18 pm ICT by IANS
Mumbai, Sep 21 (IANS) Shares of Reliance Communications Friday surged over 7 percent after it decided to hike call rates by 25 percent.At the Bombay Stock Exchange, the scrip closed ... Read more...

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FDI in aviation boosts airlines’ stocks


September 17th, 2012 - 11:24 pm ICT by IANS
Mumbai, Sep 17 (IANS) Scrips of major domestic airlines soared Monday after the government allowed foreign investments by international airlines into domestic airline industry.Scrip of the cash-strapped Kingfisher Airlines touched ... Read more...

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FDI in airlines allowed, foreign airlines welcome move


September 14th, 2012 - 8:06 pm ICT by IANS
New Delhi, Sep 14 (IANS) The government Friday allowed foreign airlines to invest up to 49 percent in domestic carriers, giving wings to cash-strapped Indian carriers.The cabinet committee on ... Read more...

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Aviation stocks rally on CCEA meet clearing FDI in airlines


September 14th, 2012 - 4:33 pm ICT by IANS
New Delhi, Sep 14 (IANS) Aviation stocks rallied Friday as the cabinet committee on economic affairs (CCEA) is set to take up a proposal to allowing foreign airlines ... Read more...

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Anil Ambani group shares rally on dividend, stake sale talks


September 4th, 2012 - 7:49 pm ICT by IANS
Mumbai, Sep 4 (IANS) Share price of companies in the Anil Ambani-led Reliance Group saw a significant upswing Tuesday on the back of a slew of announcements at their back-to-back ... Read more...

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Kingfisher Airlines posts Q1 losses of Rs.651 crore


August 11th, 2012 - 4:44 pm ICT by IANS
Mumbai, Aug 11 (IANS) Cash-strapped Kingfisher Airlines Saturday reported a net loss of Rs.650.78 crore for the quarter ended June 30, 2012 from a loss of Rs.1,151 crore in the ... Read more...

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Reliance Power synchronises unit at Butibori thermal plant


June 26th, 2012 - 5:13 pm ICT by IANS
Mumbai, June 26 (IANS) Reliance Power Tuesday said it has synchronised the first 300 MW unit at its Butibori thermal power project near Nagpur. Electricity generated from the project will ... Read more...

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Bank stocks tank as hopes of RBI rate-cut fade away (Lead)


June 18th, 2012 - 4:43 pm ICT by IANS
Mumbai, June 18 (IANS) Bank stocks tanked Monday as hopes faded away of a rate-cut by the Reserve Bank of India (RBI) in its mid-quarter review of monetary policy ... Read more...

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IGL stock rallies 29 percent on high court order


June 1st, 2012 - 8:38 pm ICT by IANS
Mumbai, June 1 (IANS) The Indraprastha Gas Ltd (IGL) scrip rallied 28.70 percent to Rs.249.35 after the Delhi High Court ruled in its favour Friday.The court quashed an order of ... Read more...

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Sensex down 19.46 points; ICICI Bank stock rallies (Lead)


April 27th, 2012 - 4:12 pm ICT by IANS
Mumbai, April 27 (IANS) A benchmark index for Indian equities markets was trading 19.46 points down around 2.00 p.m. Friday. Amidst the choppy session of trade, ICICI Bank's scrip ... Read more...

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S&P; lowers outlook for Infosys, TCS, Wipro to negative


April 25th, 2012 - 8:47 pm ICT by IANS
New Delhi, April 25 (IANS) Rating agency Standard & Poor's (S&P;) Wednesday revised outlook for three top Indian information technology companies -- Infosys, Tata Consultancy Services (TCS) and Wipro -- ... Read more...

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Sensex falls after previous rallies (Roundup)


April 20th, 2012 - 6:34 pm ICT by IANS
Mumbai, April 20 (IANS) Indian equities were in the red Friday after a key index opened lower and closed trade 130 points down under selling pressure. The index had ... Read more...

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India’s Sensex down after previous rallies (Second Lead)


April 20th, 2012 - 4:42 pm ICT by IANS
Mumbai, April 20 (IANS) Indian equities were ruling in the red intra-day Friday after a key index opened lower, following a rise of more than 400 points this week ... Read more...

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India’s Sensex down after previous rallies (Lead)


April 20th, 2012 - 3:15 pm ICT by IANS
Mumbai, April 20 (IANS) Indian equities were ruling in the red intra-day Friday after a key index opened lower, following a rise of more than 400 points this week ... Read more...

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HDFC Bank Q4 profit up 30 percent


April 18th, 2012 - 3:40 pm ICT by IANS
Mumbai, April 18 (IANS) HDFC Bank, India's second-largest private lender, Wednesday reported a 30.4 percent increase in its net profit at Rs.1,453.1 crore for the quarter ended March 31, 2012, ... Read more...

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Realty industry welcomes rate cut, sees benefit for all (Lead)


April 17th, 2012 - 8:07 pm ICT by IANS
New Delhi, April 17 (IANS) The interest rate-sensitive realty sector Tuesday welcomed the Reserve Bank of India's (RBI) decision to cut key lending rates by 50 basis points, and felt ... Read more...

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Infosys declares 440 percent final dividend


April 13th, 2012 - 12:09 pm ICT by IANS
Bangalore, April 13 (IANS) IT giant Infosys Ltd Friday declared a final dividend of Rs.22 per share for fiscal 2011-12, which is 440 percent over its par value of Rs.5 ... Read more...

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Kingfisher Airlines scrip rises as strike called off


April 3rd, 2012 - 3:48 pm ICT by IANS
New Delhi/Mumbai, April 3 (IANS) The shares of cash-strapped Kingfisher Airlines rose almost 10 percent Tuesday on reports of a thaw in negotiations between a group of employees and the ... Read more...

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Bajaj Auto’s March sales up nine percent


April 3rd, 2012 - 3:21 pm ICT by IANS
New Delhi, April 3 (IANS) Two and three wheeler manufacturer Bajaj Auto Tuesday reported an increase of nine percent in its monthly sales for March at 335,515 units - up ... Read more...

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Mallya promises to pay employees


April 2nd, 2012 - 3:50 pm ICT by IANS
New Delhi/Mumbai, April 2 (IANS) In a bid to avert unrest over delayed salaries, Kingfisher Airlines chairman Vijay Mallya has wtold his staff that their dues will be paid in ... Read more...

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Inflation still a concern for RBI as rates left unchanged (Lead)


March 15th, 2012 - 1:24 pm ICT by IANS
Mumbai, March 15 (IANS) Containing inflation remains the foremost priority for the Reserve Bank of India (RBI), which decided Thursday to keep key interest rates unchanged in its mid-quarter ... Read more...

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Railway stocks slump during noon trade


March 14th, 2012 - 3:03 pm ICT by IANS
New Delhi, March 14 (IANS) Stocks of companies associated with railways slumped around noon Wednesday, soon after the Railway Minister Dinesh Tivedi presented the budget of the network for the ... Read more...

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K. Venkataramanan new managing director of L&T;


March 9th, 2012 - 3:00 pm ICT by IANS
Mumbai, March 9 (IANS) Infrastructure giant Larsen and Toubro (L&T;) Friday said it has appointed K. Venkataramanan as its chief executive and managing director while A.M. Naik would continue ... Read more...

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Kingfisher’s scrip falls four percent


March 5th, 2012 - 3:50 pm ICT by IANS
Mumbai, March 5 (IANS) Cash-strapped Kingfisher Airlines' scrip fell 4.36 percent in the early hour of trade at the Bombay Stock Exchange (BSE) at Rs.23 as the company's accounts remained ... Read more...

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SpiceJet shares rise 4.11 percent as Maran raises stake


March 3rd, 2012 - 6:02 pm ICT by IANS
Mumbai, March 3 (IANS) Shares of budget carrier SpiceJet Saturday closed 4.11 percent up after it became known that promoter Kalanithi Maran would infuse Rs.100 crore into the airline in ... Read more...

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SBI stock plunges on talk of loan to Kingfisher


February 22nd, 2012 - 6:49 pm ICT by IANS
Mumbai, Feb 22 (IANS) The country's largest lender State Bank of India (SBI) Wednesday saw its scrip plunging nearly eight percent on reports that it has agreed to provide ... Read more...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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Idea Cellular’s third quarter net profit declines


January 23rd, 2012 - 4:12 pm ICT by IANS
Mumbai, Jan 23 (IANS) Telecom firm Idea Cellular Monday reported a decline of 17.3 percent in its consolidated net profit for the third quarter of the current fiscal at Rs.201 ... Read more...

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ITC’s quarterly net profit rises 22.4 percent


January 20th, 2012 - 3:51 pm ICT by IANS
Mumbai, Jan 20 (IANS) FMCG major ITC Friday reported a 22.4 percent rise in net profit at Rs.1,701 crore for the quarter ended Dec 31, beating analyst forecasts.The company also ... Read more...

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