News Room

Reliance Industries becomes Rs 5,242 cr richer in one day as stock gains 1%

Uploading Date : 25-04-2017

Shares of Reliance Industries ended over 1 per cent higher and hit a nine-year high on Tuesday, adding Rs 5,242 crore to its market valuation, after the company reported a record fourth-quarter net profit of Rs 8,046 crore..................

See full article

Indian Bank reports 278% profit growth in Q4 of FY17

Uploading Date : 25-04-2017

Indian Bank has reported a 278.39 per cent growth in net profit for the quarter ended March 31, 2017, to Rs 319.40 crore, compared with Rs 84.49 crore in the year-ago period...........

See full article

JSW Holdings Q4 net up 17.7% to Rs 7.16 cr

Uploading Date : 24-04-2017

JSW Holdings, the investment arm of JSW Group, on Monday reported 17.7 per cent rise in standalone net profit to Rs 7.16 crore for the quarter ended March 31, 2016. The firm had clocked a net profit of Rs 6.08 crore in the year-ago period...............

See full article

ACC gains over 4% on strong sales in March-quarter Dilip Buildcon lowest bidder for Goa airport work; stock hits 52-week high Nifty Realty index 33-month high; Indiabulls surges over 10%

Uploading Date : 24-04-2017

Shares of real estate companies were in focus with the Nifty Realty index hitting 33-month high on the National Stock Exchange (NSE) in intra-day trade after a strong rally in Indiabulls Real Estate, Housing Development & Infrastructure (HDIL) and Godrej Properties................

See full article

GST to boost GDP by 4.2% or Rs 6.5 lakh crore: Fed Paper

Uploading Date : 22-04-2017

India’s changeover to the goods and services tax (GST) has resonated with the Fed: A research note at the US central bank reckons that the biggest indirect tax reforms since Independence could enhance the country’s gross domestic product by up to 4.2%, or Rs 6.5 lakh crore — a sum greater than the central government’s annual borrowing................

See full article

Ashok Leyland plans Rs 600 cr capex this fiscal

Uploading Date : 21-04-2017

Hinduja Group flagship firm Ashok Leyland today said it has lined up around Rs 600 crore capex for this fiscal to enhance cabin and engine capacity besides setting up new assembly units in Kenya and Ivory Coast.............

See full article

Future Retail to focus on core format post demerger of home retail biz

Uploading Date : 21-04-2017

Future Retail, which is demerging its home retail and e-commerce home retail businesses into a single entity -- Praxis Home Retail -- would concentrate on core format of small store and big store retail from now on..............

See full article

India records impressive growth in recent years: IMF

Uploading Date : 20-04-2017

India's growth has been "impressive" in the recent years which makes room for tax broadening efforts by the government, according to a top IMF official. ndia has recorded quite an impressive growth performance in recent years. Our view is that the elimination of fuel subsidies and the targeting.............

See full article