Bharti Airtel to merge Kenya biz with Telkom Kenya
Bharti Airtel to merge Kenya biz with Telkom Kenya

Bharti Airtel to merge Kenya biz with Telkom Kenya

Amir Shaikh Article rating: 3.6

Bharti Airtel informed bourses that its subsidiary, Airtel Networks Kenya Limited (Airtel Kenya) has entered an agreement with Telkom Kenya Limited (Telkom Kenya) for merging their respective Mobile, Enterprise and Carrier Services businesses in Kenya to operate as - 'Airtel- Telkom'.

VIP Industries: PAT declines 11.4 per cent in Q3FY19
VIP Industries: PAT declines 11.4 per cent in Q3FY19

VIP Industries: PAT declines 11.4 per cent in Q3FY19

Apurva Joshi Article rating: 2.9

VIP Industries reported its results for the quarter ended December 31, 2018 on Friday during market hours. The company's consolidated revenue for the quarter came in at Rs. 430.09 crore as against Rs. 337.99 crore in the corresponding quarter last year, registering 27.2 per cent yoy increase.

Q3FY19: Radico Khaitan net profit soars 49 per cent
Q3FY19: Radico Khaitan net profit soars 49 per cent

Q3FY19: Radico Khaitan net profit soars 49 per cent

Advait Dharmadhikari Article rating: 3.8

Liquor manufacturer Radico Khaitan’s net profit came in at Rs. 52.1 crore on the back of a significant reduction in finance costs for the quarter ended December 2018 as against Rs. 35 crore for the corresponding quarter last year

Sensex tumbles 425 points in closing
Sensex tumbles 425 points in closing

Sensex tumbles 425 points in closing

Amir Shaikh Article rating: 4.3

On the last trading day of the week, the Indian benchmark index BSE Sensex tumbled nearly 1.2 per cent or 425 points at 36,546.50. Also, NSE Nifty closed almost 125.80 points to settle at 10,943.60. This fall was led by negative global cues such as escalation of trade war tension between the US and China.

Ten stocks close to their 52-week high
Ten stocks close to their 52-week high

Ten stocks close to their 52-week high

Shital Jibhe Article rating: 2.5

The markets on February 8, 2019 opened gap down. BSE Sensex is trading at 36,754.54, down by 216.55 points and the Nifty is trading at 11,007.85, down by 61.55 points. 

Trouble for Jet Airways continues, four aircraft grounded
Trouble for Jet Airways continues, four aircraft grounded

Trouble for Jet Airways continues, four aircraft grounded

Amir Shaikh Article rating: 5.0

Jet Airways’ flight for survival seems to be stuck in cloudy skies and in a recent update the company informed the bourses that four of its aircraft have been grounded due to non-payment of amounts outstanding to lessors under lease agreements. 

Varun Beverages acquires more franchisee rights
Varun Beverages acquires more franchisee rights

Varun Beverages acquires more franchisee rights

Amir Shaikh Article rating: 5.0

Varun Beverages Limited, one of the largest franchisee of PepsiCo in the world (outside USA) has informed bourses on Thursday that it intent to enter into a binding agreement to acquire franchise rights from SMV Group in the State of Karnataka (13 districts), Maharashtra (14 districts) and Madhya Pradesh (3 districts), subject to approval.

Gravita India reports lacklustre Q3FY19
Gravita India reports lacklustre Q3FY19

Gravita India reports lacklustre Q3FY19

Gayathri Udyawar Article rating: 5.0

Gravita India reported a weak set of number for the December quarter. The company's earnings per share (EPS) for the quarter stood at Rs. 0.05 as against Rs. 1.48 in the corresponding quarter a year ago.

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