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FIIs sell large-cap stocks as rupee hits all-time low

Benchmark equities indices, Sensex and Nifty, fell by close to two per cent due to institutional selling in frontline stocks on Wednesday. Foreign institutional investors (FIIs) sold large-cap shares

Bajal Finserv to raise Rs 1,000 cr through QIPs

Bajaj Finserv, a holding company of financial services business, will raise a total of Rs 1,000 crore via issue of equity shares or securities convertible into equity shares, subject to

Himadri lines up Rs 1200 cr to ramp up capacity

Himadri Chemicals and Industries, has firmed up Rs 1,200 crore investment plans to become one of the world’s top three coal tar pitch companies, ramping up its capacity to 1

Piramal Health to buy US firm for Rs 3,440 cr

Drugmaker Piramal Healthcare on Wednesday said it would buy a US-based healthcare data provider for Rs 3,440 crore ($635 million) to boost research and development (R&D). The move comes

CESC buys two Indiabulls hydel plants

RP-Sanjiv Goenka group-owned power flagship CESC has acquired two Indiabulls-owned hydel power companies in Arunachal Pradesh to expand its hydro-power footprints. The two units together have a capacity of

Stocks with European exposure hammered

Shares of two out of every three companies listed on Bombay Stock Exchange (BSE), with a revenue exposure of more than 10 per cent in European markets, tumbled on Wednesday

Credit Suisse sells 5 lakh shares of McNally Bharat

Credit Suisse (Singapore) Ltd, a shareholder of McNally Bharat Engineering Company, today sold over five lakh shares of the company for Rs 4.35 crore through an open market transaction

GMR Infrastructure raises Rs 200 cr from ICICI Bank

GMR Infrastructure today said it has raised Rs 200 crore through allotment of secured non-convertible debentures to ICICI Bank Ltd.
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Elder Pharma Q4 net up 7% at Rs 18.52 cr

Elder Pharmaceuticals today reported 7. 23 per cent increase in its consolidated net profit at Rs 18

Bajaj Finance Q4 Net up 52% at Rs 108 cr

Bajaj Finance today said its net profit for the fourth quarter ended March 31, 2012 increased by over 52 per cent to Rs 108 crore.
The company's profit in the

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  • Temptation Foods to pledge 7 lakh shares

    Fruit processing firm Temptation Foods dipped nearly 9 per cent after the company on Monday said it would pledge its 7 lakh shares to one of its

  • Hirco postpones EGM amid resistance

    Giving in to the pressure from shareholders, Hirco, an investment vehicle of Mumbai-based realtor Hiranandani group, has adjourned its extraordinary

  • Tata Motors to raise up to Rs 2,700cr

    Tata Motors is looking at raising up to Rs 2,704.07 crore through public borrowing, offering up to 13.5 per cent returns, as it struggles to finance

  • Ashok Leyland bags $10.5m order

    Hinduja Group flagship company Ashok Leyland on Monday said it has bagged an order worth $10.5 million from the Honduras Armed Forces for 139

  • Exide Q3 net up marginally at Rs 56cr

    Battery maker Exide Industries said it has posted a net profit of Rs 56.15 crore during the third quarter ended December, as against Rs 55.16 crore

  • Kalam resigns from EMRI board

    Former President APJ Abdul Kalam has resigned from the governing board of Emergency Management Research Institute (EMRI), a non-profit organisation

Smart Chips
  • FINANCIAL.jpg

    After the recent correction, this counter saw a phase of short covering in Tuesday’s session.

Lazy Chips
  • MARUTI.jpg

    This stock saw selling in cash market as well as derivative segment. The indicators are now placed in sell mode as they have moved southward.


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