 All Market News |
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Rupee, weak global cues drag markets |
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Benchmark share indices ended lower after a volatile trading session on Wednesday, amid a weakening rupee and global cues, with telecom major Bharti Airtel leading the fall. |
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Jyothy Laboratories Q4 net up 22% at Rs 28 cr |
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The company had posted a net profit of Rs 22.9 crore in the same period of previous fiscal, JLL said in a statement. |
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Tata Global Beverages Q4 net dips 36% at Rs 54 cr |
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The company had posted a net profit of Rs 85.24 crore during the same period of previous fiscal, Tata Global Beverages said in a filing to the BSE. |
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Ministry asks CIL to examine contentious FSA issues |
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The Coal Ministry has asked Coal India to examine issues, including changes in penalty clause, raised by the power producers regarding the model fuel supply agreement. |
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Tata Power-Exxaro JV to build two wind projects in South Africa |
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In a boost to its global ambitions, Tata Power's joint venture company Cennergi has emerged as the preferred bidder to develop in South Africa two wind power projects with a total capacity of 234 Mw. |
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Somany Ceramics Q4 net up 6% at Rs 8.4 cr |
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Tile maker Somany Ceramics reported 6.41% increase in its net profit at Rs 8.46 crore for the quarter ended March 31, 2012, mainly on account of robust sales of digital and glazed vitrified tiles. |
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Canara Bank net declines 17% at Rs 3,341 in FY12 |
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State-run Canara Bank today posted 17% dip in its consolidated net profit at Rs 3,341.69 crore for 2011-12 fiscal. |
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MAN Industries repays FCCBs worth $64 mn |
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"...(MAN) has redeemed outstanding zero coupon foreign currency convertible bonds (FCCBs) of $64.35 million (including premium). The bonds were issued in the year 2007 and redeemed on due date," the company said in a release. |
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IPG ready to talk to govt if sacked pilots are taken back |
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The Indian Pilots Guild (IPG), spearheading the 16-day-old strike, today expressed willingness to talk "right now" with Civil Aviation Minister Ajit Singh if the 101 sacked Air India pilots were taken back. |
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Rupee, weak global cues drag markets |
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Benchmark share indices ended lower after a volatile trading session on Wednesday, amid a weakening rupee and global cues, with telecom major Bharti Airtel leading the fall. |
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Web analysis: Tighter norms for firms seeking debt revamp |
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Some of the top bankers in country met to discuss the changes in corporate debt restructuring (CDR). The outcome of the meeting was a further tightening of guidelines and stricter controls. |
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Tech Mahindra launches development centre |
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IT firm Tech Mahindra today announced the launch of its delivery and development centre in Noida. |
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Bhel Q4 net up 21% at Rs 3,380 cr |
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State-owned capital goods company Bhel announced a 21% jump in net profit at Rs 3,380 crore for the quarter ended March 2012. The company posted a net profit of Rs 2,798 crore for the same period a year ago. |
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RIL-led group gives up D4 gas block |
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Reliance Industries and partners BP and Canada's Niko Resources have abandoned the D4 oil and gas block off India's east coast, Niko said, underlining the production problems in the region. |
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BHEL rebounds post Q4 results |
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Bharat Heavy Electricals Ltd (BHEL) has moved higher by 2% at Rs 213, bouncing back almost 3% from day’s low after reporting better-than-expected 21% year-on-year (y-o-y) growth in net profit at Rs 3,380 crore for the quarter ended March 2012. Analysts had forecast a net profit of Rs 3,094 crore. Net sales grew 8% at Rs 19,260 crore on y-o-y basis. |
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Gold futures down 0.5% on global cues |
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Gold futures prices today fell by Rs 155 to Rs 28,932 per 10 grams as speculators offloaded their positions on the back of weak global trend. |
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Silver futures drop 1.1% on sluggish demand, global cues |
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Silver futures prices today dropped by Rs 597 to Rs 53,795 per kg on slackened spot demand amid a weak trend in overseas markets. |
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Telecom shares dip, Bharti hits 22-mth low |
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Shares of telecom services companies are under pressure on the bourses on concerns of increase in the debt burden due to the Telecom Regulatory Authority of India (Trai)’s recommendations on spectrum auction. |
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Cottonseed sheds 2.5% on selling pressure |
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Cottonseed futures today prices tumbled by Rs 36 to Rs 1,272 per quintal following selling by mills, tracking weak spot market sentiment. |
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Turmeric falls 1.5% on slow demand |
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Turmeric prices fell by Rs 62 to Rs 4,044 per quintal in futures trading today, due to sluggish demand at prevailing higher levels. |
