Just Dial gains 5% on share buyback plan
Uploading Date : 20-07-2017Just Dial gained 5% to Rs 373 on BSE in early morning trade after the company said its board will meet on July 24, to consider share buyback proposal. Earlier, Just Dial announced that the board will meet to consider and approve the unaudited financial results of the company for the first quarter ended June 30, 2017 (Q1FY18)..........
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Sundaram Finance June qtr net up 30% to Rs 117 cr, revenue rises 11%
Uploading Date : 19-07-2017Non-banking finance company Sundaram Finance Ltd, has registered a 30 per cent growth in net profit at Rs 117.34 crore during the quarter ended June 30, 2017, as compared to Rs 90.17 crore during the same quarter of previous fiscal year. The total revenue grew to Rs 621.78 crore during the quarter as against Rs 561.59 crore during the same quarter of last year..............
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ITC tanks 15% intra-day as GST Council increases cess on cigarettes
Uploading Date : 18-07-2017ITC has slipped 15% to Rs 277, its sharpest intra-day fall in past one decade on BSE, after the Goods and Services Tax (GST) Council increases cess on cigarettes. The stock has fallen nearly 18% in past two trading sessions. Earlier, on October 27, 2008, the stock tanked 17% in intra-day trade.......
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Reliance Industries' shares fall on arbitration penalty
Uploading Date : 18-07-2017Shares of Reliance Industries declined in Tuesday's trade after the government ordered the company along with Shell and ONGC to pay a combined $3 billion in penalty following an arbitration award in the Panna Mukta Tapti (PMT) oil field dispute that went in favour of the government, according to people familiar with the matter..........
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Karnataka Bank Q1 net up 10% at Rs 134 crore
Uploading Date : 17-07-2017Private sector lender Karnataka Bank has posted a 10.13 per cent rise in net profit at Rs 133.85 crore for the first quarter of the current fiscal. The bank had reported a net profit of Rs 121.54 crore in the April-June quarter of 2016-17. The total income of the bank increased to Rs 1,547.93 crore as against Rs 1,434.96 crore a year ago, it said in a regulatory filing.........
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DCB Bank Q1 net zooms 39% to Rs 65 crore
Uploading Date : 17-07-2017Private sector DCB Bank has reported a 39 per cent increase in net profit at Rs 65 crore for the first quarter ended June 30. The bank had reported a net profit of Rs 47 crore in the corresponding quarter of 2016-17. Total income during the quarter under review stood at Rs 319 crore, up 34 per cent from Rs 237 crore a year ago, the bank said in a BSE filing............
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Reliance infra Q1 net profit down 39% to Rs 1.8 crore
Uploading Date : 15-07-2017Reliance Industrial Infrastructure Ltd (RIIL) on Thursday reported a decline of 39.1 per cent in its net profit for the first quarter (Q1) of 2017-18. The company's net profit stood at Rs 1.84 crore for the quarter ended June 30, 2017, down from Rs 3.02 crore in the corresponding quarter of last fiscal.........
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TCS Q1 net falls 6% to Rs 5,950 crore on rupee appreciation
Uploading Date : 15-07-2017Tata Consultancy Services (TCS) , India's biggest software services exporter, posted an almost six per cent fall in first-quarter profit, hurt by volatile currencies. Consolidated net profit dropped to RS 5,950 crore ($923.20 million) in the three months to June 30, from Rs 6,318 crore, a year earlier, TCS said on Thursday...........
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