Idea Cellular files merger application before NCLT; stock rallies 3%
Shares of Idea CellularBSE -1.13 % jumped nearly 3 per cent in Tuesday’s trade after the company informed stock exchanges that it has filed an…
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Market Now: RIL, IOC among most active stocks in terms of value
NEW DELHI: Shares of Tata SteelBSE 3.18 % (Rs 125.50 crore) were hogging the limelight in Monday’s early trade as it hit fresh 52-week high…
Fake currency recovered along Indo-Nepal border
The recovery was made yesterday by a joint team of police and SSB personnel on a tip off, Superintendent of Police Pramod Kumar said. Fake…
Stocks of M&M, HPCL, Fortis Healthcare, Apollo Tyres, Berger Paints in focus today ahead of Q1 results
Today about 60 exchange listed companies are set to announce the first quarter earnings for the FY 2018. The blue chip companies which are lined…
Hindustan Copper stock plummets ahead of government share sale in OFS at discount
Shares of state-run Hindustan Copper Ltd nosedived in early trade today ahead of the government’s OFS (offer for sale) which opens today to sell 4-8%…
Cochin Shipyard IPO: Should investors subscribe or stay away from the issue? and 10 things you should know before investing in Cochin Shipyard IPO
India’s largest public sector shipyard, will open for subscription on Tuesday and close on August 3rd. The company intends to raise about Rs. 1,400-1,500 crore…
Ahead of EGM Tatas bid to fortify stake in Tata Motors
Morgan Stanley will buy 50 million shares (1.73 per cent stake) in Tata Motors on behalf of an undisclosed client on Tuesday. The shares will…
Morgan Stanley devalued Flipkart from $15 bn to $5.5 bn
Indian e-commerce company Flipkart saw its valuation slashed to $5.54 billion after Morgan Stanley, one of its mutual fund investors, marked down the value of…
Arvind Q2 profit rises 1.5%, to sell 10% stake in subsidiary
Arvind Ltd shares soared over 10 per cent intraday on Tuesday after the company informed bourses about its decision to raise about Rs 740 crore…
Wipro buys US cloud company Appirio for $500 mn deal
Indian software services exporter Wipro on Thursday announced it has signed an agreement to acquire US-based Appirio, a global cloud services company, for $500 million….
Sensex drops 200 points, TCS dips 2% ahead of Q2 results
By 10:30 am, the benchmark S&P Sensex was at 27,829 levels down 254 points while Nifty50 index fell 79 points to trade at 8,630 levels….
Jet Airways slashes ticket base price to Rs 396
Private carrier Jet Airways (BSE -0.30 %) today announced special offers with base fare starting as low as Rs 396 on select domestic routes. The…
HCL partners with IBM for 15 years
HCL Technologies on Thursday announced it has entered into a 15-year partnership deal with IBM for automation, development and operations solutions. Automation and DevOps software…
Alkem Laboratories Slumps After US FDA’s Observations On Daman Plant
Alkem Laboratories Ltd. slumped after the company said its Daman plant received 13 observations from the U.S. Food and Drug Administration. The U.S. regulator conducted…
EPFO to invest Rs 13,000cr in ETFs in FY17
After a handsome return of 12.1% in the first year of investing fresh inflows in equity exchange traded funds (ETFs), Employees’ Provident Fund Organisation (EPFO)…