The country’s largest lender SBI today posted a multi-fold jump in consolidated net profit at 1,840.43 crore for the second quarter ended on September 30, boosted by sale of its stake in SBI Life Insurance.Its profit was just Rs. 20.70 crore during the same quarter of the last financial year.
See full articleTata Motors on Thursday said its consolidated profit after post including those of joint ventures and associated companies rose threefold to Rs 2,502 crore for the September quarter. This was in comparison with Rs 848 crore profit the automaker reported for the corresponding quarter last year.
See full articleShares of Bharti Airtel slumped on stake sale by Qatari shareholder. The stock fell as much as 6.67 per cent to Rs. 480, its fourth consecutive session of losses.
See full articleLupin Ltd has received a warning letter issued by the USFDA on November 6, 2017 for the formulation manufacturing facilities at Goa and Indore (Pithampur Unit II). The stock hit an intraday high of Rs. 1055.15 and intraday low of 1030. The net turnover during the day was Rs. 48806020.
See full articleShares of state-owned oil exploration & production companies – Oil and Natural Gas Corporation (ONGC) and Oil India – rallied up to 3.5% on the BSE in early morning trade on rising crude oil prices.
See full articleGold came under pressure from a rising dollar with a fall of ₹ 115 to ₹ 30,135 per 10 grams on Monday , which was compounded by tepid demand from local jewellers. The fall was in line with a weak trend overseas as the strength in the dollar dented demand for the precious metal as a safe haven.
See full articleTorrent Pharmaceuticals Ltd, the flagship company of the Ahmedabad-based Torrent group, on Friday said it had agreed to acquire the branded business of Unichem Laboratories Ltd in India and Nepal for Rs3,600 crore.
See full articleUS President Donald Trump nominated Jerome Powell to run the Federal Reserve once current Chair Janet Yellen's term expires, in a move widely expected and one unlikely to disturb the roaring stock market.
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