RBI keeps repo rates unchanged RBI keeps repo rates unchanged Gayathri Udyawar / Wednesday, February 7, 2018 / Article rating: 5.0 The Reserve Bank of India has kept key rates unchanged in its sixth bi-monthly monetary policy review. MPC, however, cautioned against rising inflationary pressures.
SpiceJet flies high with robust quarterly performance SpiceJet flies high with robust quarterly performance Rohan Takalkar / Wednesday, February 7, 2018 / Article rating: 5.0 SpiceJet posted robust quarterly performance with strong revenue growth and healthy operational performance. The total revenue for the quarter rose by 29.1 per cent yoy and 15 per cent qoq to Rs. 2,068 crore in Q3FY18 as against Rs. 1,602 crore in previous year corresponding quarter. This was largely due to increase in capacity by 14 per cent.
Cipla PAT increases marginally in Q3FY18 Cipla PAT increases marginally in Q3FY18 Nidhi Jani / Wednesday, February 7, 2018 / Article rating: 5.0 The PAT for the quarter came in at Rs. 403.45 crore, yoy increase of 4.8 per cent. Decline in finance cost by 84.6 per cent was offset by jump in deprecation expenses by 102.7 per cent.
Ashok Leyland earmarks Rs. 100 crore for EV technology Ashok Leyland earmarks Rs. 100 crore for EV technology Amir Shaikh / Wednesday, February 7, 2018 / Article rating: 5.0 Ashok Leyland a part of Hinduja group is looking to invest around Rs. 100 crore in the electric vehicle (EV) technology over the next two-three years.
Ten stocks close to their 52-week low Ten stocks close to their 52-week low Shital Jibhe / Wednesday, February 7, 2018 / Article rating: 5.0 Following stocks are close to their 52-week low as at 12.54 p.m. on February 7.
Yes Bank issues debut international bond to raise US$ 600 million Yes Bank issues debut international bond to raise US$ 600 million Nikita Singh / Wednesday, February 7, 2018 / Article rating: 5.0 Banking major Yes Bank rolled out the largest debut international bond issuance by an Indian bank on Wednesday to raise funds worth US$ 600 million under its US$ 1 billion MTN program.
Ten stocks close to their 52-week high Ten stocks close to their 52-week high Shital Jibhe / Wednesday, February 7, 2018 / Article rating: 5.0 The markets on February 7 opened up. BSE Sensex is trading at 34,246.07, up by 50.13 points and the Nifty is trading at 10,521.60, up by 23.35 points.
Buy on dips, a good strategy in southward market Buy on dips, a good strategy in southward market Sanket Dewarkar / Wednesday, February 7, 2018 / Article rating: 5.0 As Indian markets witnessed their worst fall in the recent times on Tuesday, now what is puzzling the investors most is whether they should buy on dips or sell on rallies?
Canara Bank to raise Rs. 4,865 crore via preferential issue to GoI Canara Bank to raise Rs. 4,865 crore via preferential issue to GoI Nikita Singh / Wednesday, February 7, 2018 / Article rating: 4.5 Lending major Canara Bank surged by over 3 per cent to Rs. 328 per share on the bourses on Wednesday, as the bank approved its plans to raise funds worth Rs. 4,865 crore through preferential issue to the Government of India (GoI).
Dish TV to proceed with Videocon D2H merger Dish TV to proceed with Videocon D2H merger Gayathri Udyawar / Wednesday, February 7, 2018 / Article rating: 4.5 After evaluating the consequences of parent company Videocon's insolvency proceedings, Dish TV India has decided to proceed with the merger with Videocon D2H. The stock was trading among the top gainer in the morning session.