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Fri, 07/28/2017 - 00:45

ITC on Thursday registered a standalone net profit of Rs 2560.50 crore, up 7.3 per cent from Rs 2,384.67 crore earned during the same quarter last year, riding on a 9 per cent revenue growth in ‘FMCG-others’ segment.

Fri, 07/28/2017 - 00:26

With India offering one of the highest yields in Asia, the local debt market has become a hot destination for foreign portfolio investors (FPIs). In the first quarter alone, FPIs pumped in $10.11 billion in the debt market, the highest in a decade.

Fri, 07/28/2017 - 00:22

The power ministry has stepped up the process to set up a fund with initial corpus of $1 billion to enable alternative financing options for stressed power assets.

Thu, 07/27/2017 - 23:43

A strong rally in private banks helped NSE’s banking sector index Nifty Bank(earlier Bank Nifty) breach 25,000 mark for the first time ever coinciding with futures and options derivative contracts expiry.

Thu, 07/27/2017 - 23:40

The country’s biggest oil and gas producer ONGC on Thursday reported a 8.2 per cent drop in its June quarter net profit after a sharp reduction in natural gas rates took away gains made from higher oil prices.

Thu, 07/27/2017 - 19:25

The government is planning to sell up to 25 per cent stake in two PSUs -- MSTC and NEEPCO through initial public offerings (IPOs).

Thu, 07/27/2017 - 18:51

The benchmark BSE Sensex today edged up to a new closing record at 32,383.30, but the Nifty was little changed with a negative bias.

Thu, 07/27/2017 - 18:49

The benchmark BSE Sensex soared to a fresh life-time high of 32,533.34 and the NSE Nifty hit a new high of 10,068.40 in opening trade today on continued buying by investors driven by encouraging earnings by corporates amid positive global cues.

Thu, 07/27/2017 - 18:44

The Indian Accounting Standards (Ind AS) is not alien to anyone in India anymore. 2016 has been a landmark year in making Phase I companies Ind AS complaint - i.e. shaping them into this new accounting framework converged with the IFRS.

Thu, 07/27/2017 - 00:52

Domestic investors putting money through mutual funds (MF) have helped benchmark indices Nifty and Sensex scale new heights.

Wed, 07/26/2017 - 17:41

The benchmark BSE Sensex advanced about 50 points in early trade today on fresh buying by investors amid better-than-expected earnings.

Speculators covering up their short positions ahead of the July derivatives contract expiry tomorrow also supported the upward move.

Wed, 07/26/2017 - 00:26

Some sectors have played a crucial role the Nifty-50 Index’s journey to 10,000 points from the 9,000-mark it crossed on March 14, this year. These sectors are bank & financial services, fast moving consumer goods (FMCG), automobile, energy, realty and metals.

Wed, 07/26/2017 - 00:20

The NSE Nifty made history on Tuesday by scaling the 10,000-mark for the first time, even as several stocks hit their multi-year highs.

Wed, 07/26/2017 - 00:17

Aiming to reduce price fluctuations, market regulator Sebi has asked exchanges to create three categories for agriculture commodities. The watchdog will introduce limits that investors can hold for each one.

Wed, 07/26/2017 - 00:15

The proposed imposition of anti-dumping duty on import of truck and bus radial tyres from China has cheered up tyre stocks in India.

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