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IOC, OVL seek rights to produce crude oil in Iran

India has sought a discovered oilfield from Iran for raising crude oil imports from the Persian Gulf nation as part of efforts to widen economic and energy ties post lifting

TechM dragged down by communications business

Tech Mahindra, the fifth largest information technology company by turnover, saw its consolidated revenue growth slacken in the fourth quarter (Q4) of financial year 2015-16 compared to the previous many quarters.

Shares of bread firms seesaw over bromate

Shares of pizzamaker Jubilant Foodworks, breadmaker Britannia Industries and burgermaker Westlife Development, which runs the McDonald’s restaurants in south and west India, saw kneejerk investor reactions after a Centre for

Sensex logs first rise in five sessions on earnings lift

Market benchmark Sensex on Tuesday reversed its four-day fall and ended higher by over 75 points, taking comfort from encouraging corporate earnings despite lingering worries about a likely rate hike

Bayer offers $62b in cash to acquire Monsanto

Bayer AG offered $62 billion to buy Monsanto Co. deepening investor concern that it will strain its finances as it seeks to become the world’s biggest seller of

Tata Power reports strong Q4 numbers

Tata Power Company, the largest integrated power company in the country, Tata Power, reported strong financial numbers for the fourth quarter (Q4) of the financial year 2015-16.
Its consolidated net

M&M Financial to raise up to Rs 1,000 cr through NCDs

Mahindra & Mahindra Financial Services announced a public issue of non-convertible debentures (NCDs) for an amount of Rs 250 crore with an option to retain oversubscription up to Rs 750

Sundaram Fasteners net profit up 372%

SundAram Fasteners has reported a 17. 3 per cent growth in its standalone revenue at Rs 720

Sensex falls for 4th day on Fed rate hike caution

Stocks kept a low profile for the fourth day as the Sensex fell over 71 points to a two-week low following sustained foreign outflows on caution ahead of a likely

Hit by strike, GSK Consumer suspends ops in Punjab

GlaxoSmithKline consumer healthcare has suspended operations temporarily at its factory in Nabha Patiala in Punjab effective May 21 following disruptions created by its workforce.

  • 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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    The counter witnessed build-up of fresh positions in cash market as well as derivative segment.

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