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  • 23 Jul 14
    07:45 PM
    The amount of new paper supply is helping keep secondary market valuations in check says Indraneil Borkakoty, MD, IDFC Investment Banking.
    06:44 PM
    Comptroller and Auditor General of India (CAG) has said in its latest report on state finances 2013 that the priority given to expenditure on social sector, education and health sector in Madhya Pradesh was not adequate during 2012-13. The report also
    06:32 PM
    The number of Ultra High Networth Households (UHNHs) increased by 16% to around 1,17,000 in FY 2013-14 and is expected to triple over the next few years, said the 'Top of the Pyramid 2014' report launched by Kotak Wealth Management.
    06:14 PM
    Despite posting higher than expected sales for the June 2014 quarter, Hexaware has witnessed trimming of earnings estimates by most brokerages.
    05:42 PM
    Forward trading is set to debut in commodities on national commodity exchanges with leading agri centric exchange National Commodity and Derivatives Exchange (NCDEX) getting approval for launching forward trading in maize and sugar.
    05:10 PM
    Helped by government's budget moves and RBI's recent notification on affordable housing, the big names in the segment are gearing up for their new project launches with a total investment of over Rs 5000 crore in the current financial year.
    04:52 PM
    Kotak Mahindra Bank today said it expects the rupee to be stable in the 58-61 against the US dollar range in the short-term and that "the days of volatility in the currency are behind us.
    04:18 PM
    The euphoria over Telecom Regulatory Authority of India’s (TRAI) move to allow sharing of spectrum lasted for only a day.
    04:01 PM
    Benchmark share indices gained for the seventh straight session to end at record closing highs on Wednesday amid renewed buying interest in IT majors. Meanwhile, the benchmark Nifty also touched fresh all-time high of 7,809.20 in intra-day trades.
    03:54 PM
    Credit rating agency ICRA said it has revised the outlook for Indian Oil Corporation (IOC), India's largest petroleum refiner, from negative to stable on the back of gradually falling under-recoveries.
    03:49 PM
    Manishi Raychaudhuri, Asia Pacific Equity Strategist, BNP Paribas shares his views with Ujjval Jauhari on post budget mood of foreign investors, their concerns, expected fund flows, economy and sectoral performances.
    03:10 PM
    The markets have gained momentum during the late noon trades led by gains in IT majors Infosys and TCS.
    03:10 PM
    Dish TV's June quarter results were marginally below expectations with revenues growing 11% year-on-year and flattish on a sequential basis to Rs 640 crore led by higher average revenue per user (ARPU) and subscriber additions.
    03:07 PM
    Rating agency ICRA today upgraded outlook on Indian Oil Corporation’s (IOC) long term rating “AAA&" from “negative&" to “stable&" on steady decline in gross under recovery burden.
    03:04 PM
    India's crude imports from Iran rose by a third in the first half of the year, data from trade sources showed, after the shipments were boosted following an interim deal to slow Tehran's nuclear activity and ease Western sanctions.
    02:49 PM
    Atul Limited has surged nearly 12% to Rs 1,203, also its record high on BSE, after reporting a robust 48% year on year growth in net profit at Rs 59.78 crore for the quarter ended June 30, 2014 (Q1), on the back of strong operational income.
    02:44 PM
    Education services company NIIT Ltd posted net profit of Rs 0.6 crore for the first quarter ended June 30, 2014 as compared to net loss of Rs 9.4 crore profit in same period last fiscal.
    02:34 PM
    The Nifty is up 0.24% and will be watched for clues on foreign fund flows.
    02:18 PM
    YES Bank today reported a Q1 net profit of Rs 440 crore as compared to Rs 400 crore in the year-ago period, an uptick of 10%.
    02:15 PM
    European equities edged higher in early trade on Wednesday, extending gains from Tuesday after a batch of positive earnings and US economic data briefly calmed worries over stretched valuations and the pace of economic recovery.
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Sensex

Company Price Gain (%)
Infosys3,347.003.46
Hindalco Inds.193.102.58
TCS2,586.902.21
Wipro569.351.87
ICICI Bank1,505.801.52

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