SBI Q2 net up at Rs 1,840 cr; standalone profit slips by 38%
Uploading Date : 10-11-2017The 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.
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Tata Motors Q2 profit rises threefold to Rs 2,502 crore
Uploading Date : 09-11-2017Tata 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.
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Airtel slumps 5.7% on stake sale by Qatari shareholder
Uploading Date : 08-11-2017Shares 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.
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USFDA issues Combined Warning letter to Lupin's Goa and Indore (Pithampur Unit II) sites
Uploading Date : 07-11-2017Lupin 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.
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ONGC, Oil India gain up to 3% as oil prices rule at highest since 2015
Uploading Date : 07-11-2017Shares 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.
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Gold prices move down by ₹ 115 after safe haven appeal hit
Uploading Date : 06-11-2017Gold 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.
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Torrent Pharma to buy Unichem’s India business
Uploading Date : 04-11-2017Torrent 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.
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Jerome Powell to succeed Janet Yellen as US Federal Reserve Chairman
Uploading Date : 03-11-2017US 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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