Orient Cement to acquire 2 units from Jaypee for Rs 1,946 cr
Uploading Date : 31-05-2017CK Birla Group firm Orient Cement Ltd today said it would acquire two entities, Bhilai Jaypee Cement and Nigrie Cement Grinding Unit, from Jaypee group firms for a total consideration of Rs 1,946 crore..........
See full article
Vakrangee, LIC Housing Finance, UPL hit record high
Uploading Date : 31-05-2017Vakrangee, LIC Housing Finance, UPL, Escorts, Maruti Suzuki India, Hero MotoCorp and Godrej Industries are among 17 stocks from the S&P BSE 500 index hit their respective record highs on the BSE in intra-day trade.........
See full article
GDP may increase by 50 bps to 7.6% as IIP, WPI base year gets a revision
Uploading Date : 30-05-2017The country's GDP for 2016-17 will get a 50 basis points (bps) push to 7.6 per cent from the government's estimate of 7.1 per cent, due to the recent revision of the base year of the Wholesale Price Index (WPI) and the Index of Industrial Production (IIP)........
See full article
Eveready Q4 net profit rises 12% to Rs 10 crore
Uploading Date : 30-05-2017Kolkata-based Eveready Industries posted a 12 per cent increase in its net profit for the quarter ended March 31, 2017 at Rs 10.46 crore as against Rs 9.32 crore posted in the same quarter of the 2015-16 financial year.................
See full article
India to grow at 7.2% in FY18, will accelerate to 7.7% by FY20: World Bank
Uploading Date : 29-05-2017The World Bank on Monday projected a 7.2 per cent growth rate of gross domestic product (GDP) for India in the financial year (FY) 2017-18 due to the impact of demonetisation and protracted investment recovery..............
See full article
City Union Bank net profit up 15% at Rs 128.87 cr
Uploading Date : 29-05-2017City Union Bank has posted a 15 per cent growth in net profit during the quarter ended March 31, 2017, at Rs 128.87 crore. The net profit for the same quarter of the previous year was Rs 112.23 crore............
See full article
DLF Q4 profit at Rs 136 crore
Uploading Date : 27-05-2017India's largest realty firm DLF Ltd on Friday reported a Rs 135.63-crore consolidated net profit for the March quarter of the last fiscal, mainly on account of lower tax outgo.............
See full article
Hindustan Petroleum Q4 net jumps 31% to Rs 1,819 crore
Uploading Date : 26-05-2017State-run oil marketing company Hindustan Petroleum Corp Ltd reported a 31 per cent jump in March-quarter net profit on Friday, beating street estimates, as income from operations grew.............
See full article