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Hero MotoCorp Q4 profit, sales best in 6 quarters

Motorcycle maker Hero MotoCorp on Thursday reported markedly-improved financial results for the fourth quarter (Q4) of 2015-16 (FY16). It’s full-year performance however is sluggish

ITC shuts cigarette units to comply with warning norms

ITC has shut down its cigarette plants from May 4 to comply with a new stipulated pictorial warnings rule issued by the Centre.
"The company has had to shut

Sensex snaps 3-day losing run, climbs 160 pts

Stocks rose for the first time in four days as market benchmark Sensex rebounded from over three-week lows by rising 160.48 points to 25,262

Equipment exchange finance platform by Srei Finance

Srei Equipment Finance has now come up with an equipment exchange finance platform that will allow construction equipment owners an opportunity to exchange their old equipment for new ones and

RPower gets Bangladesh’s go ahead for $1.3b plant

Reliance Power on Wednesday said it has received initial approval from Bangladesh to set up $1. 3-billion power plant in the neighbouring country

LIC increases its stake in 18 Sensex firms

THE largest domestic institutional investor, Life Insurance Corporation of India (LIC), has raised its stake in 18 of the 30 Sensex companies in 2015-16.
LIC might have pumped about Rs 60,000

Tatas say no change in global growth strategy

Tata group on Wednesday said that recent woes in UK steel business would not defer the group’s global focus and would continue with its global growth strategy. There is

JSW Energy to buy JSPL plant for Rs 4,000 crore

Sajjan Jindal’s group company JSW Energy will pay Rs 4,000 crore to his younger brother Naveen Jindal’s group company Jindal Steel & Power (JSPL) in the next two years to

Retail investors may be cut off from PSU divestment

Faced with lukewarm retail investor response, the government is mulling stake sale in selected blue-chip PSUs, including Oil India and ONGC, by offering shares only to institutional investors.
A top

Tata Steel gets bids from Liberty House, ex-staff

Two formal bids, including one by a team of former Tata Steel staff who have the backing of the Welsh government, have emerged to acquire the Indian steel gaint's loss-making

  • 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
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    After a phase of correction, the counter once again saw buying of positions in Thursday’s sessions.

Lazy Chips
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    The counter continued to see selling of positions in cash market as well as derivative segment.


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William D. Green

Chairman & CEO, Accenture