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BUSINESS

NMDC gains on fixing prices of iron ore

NMDC is currently trading at Rs. 102.65, up by 0.45 points or 0.44% from its previous closing of Rs. 102.20 on the BSE. The scrip opened at Rs. 102.60 and has touched a high and low of Rs. 103.60 and Rs. 101.00 respectively. So far 219787 shares were traded on ... Read More »

Eros International Media gains on the BSE

Eros International Media is currently trading at Rs. 71.40, up by 0.20 points or 0.28% from its previous closing of Rs. 71.20 on the BSE. The scrip opened at Rs. 71.05 and has touched a high and low of Rs. 71.70 and Rs. 70.75 respectively. The BSE group ‘B’ stock ... Read More »

NTPC zooms on reporting 49% rise in Q4 net profit

NTPC is currently trading at Rs. 133.85, up by 4.65 points or 3.60% from its previous closing of Rs. 129.20 on the BSE. The scrip opened at Rs. 133.00 and has touched a high and low of Rs. 136.60 and Rs. 130.55 respectively. So far 749058 shares were traded on ... Read More »

DLF targeting 10% increase in sales bookings in FY20

DLF is targeting a 10 percent increase in sales bookings for the current financial year (FY20) at around Rs 2,700 crore, on hopes of an increase in housing demand. Sales bookings of the company more than doubled to Rs 2,435 crore in 2018-19 from Rs 1,000 crore in the previous ... Read More »

Ashok Leyland reports 12% fall in Q4 net profit

Ashok Leyland has reported results for fourth quarter and year ended March 31, 2019. The company has reported a fall of 12.13 % in its net profit at Rs 652.99 crore for the quarter under review as compared to Rs 743.12 crore for the same quarter in the previous year. However, ... Read More »

JSW Steel reports 48% fall in Q4 consolidated net profit

JSW Steel has reported results for fourth quarter and year ended March 31, 2019. The company has reported a fall of 21.92% in its net profit at Rs 1,745 crore for the quarter under review as compared to Rs 2,235 crore for the same quarter in the previous year. Total income ... Read More »

ICICI Bank flags off mobile ATM in Odisha

ICICI Bank has flagged off a mobile ATM in order to bring key banking services to the doorstep of the residents impacted by cyclone Fani in Puri district in Odisha. The mobile ATM offers key banking services including cash withdrawals and account related information such as account balance and mini ... Read More »

Grasim Industries gets nod for scheme of amalgamation

Grasim Industries has received approval for the Scheme of Amalgamation of Grasim Premium Fabric (formerly known as Soktas India), a wholly owned subsidiary of the Company with itself. The Board of Directors of the Company at its meeting held on May 24, 2019 has approved the same. Grasim Industries is ... Read More »

Salzer Electronics to acquire 72.32% stake in Kaycee Industries

Salzer Electronics has entered into a Share Purchase Agreement for acquisition of entire 45,899 equity shares of Kaycee Industries representing 72.32% of the Total paid-up shares at a Price of Rs 3,475 per share from its Principal Promoter – Universal Trust. Since both Salzer Electronics and Kaycee Industries are in ... Read More »

SBI to conduct customer outreach programme

State Bank of India (SBI) is going to conduct a customer outreach programme next week to address their queries and seek suggestions to improve services. The ‘Mega Customer Meet’ is expected to engage with 1 lakh bank customers across 500 locations through 17 local head offices across the country. SBI ... Read More »