Markets likely to begin on a negative note tracking Asian peers Markets likely to begin on a negative note tracking Asian peers Karan Dsij / Wednesday, May 23, 2018 0 902 Article rating: 5.0 Indian benchmark indices are likely to witness quiet to modestly negative start to the trading session as cues from Asian peers are not encouraging. The trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty may open down by 20 points at 10,529. Read more
Bharti Group sells its entire stakes in Future Enterprises Bharti Group sells its entire stakes in Future Enterprises Nikita Singh / Tuesday, May 22, 2018 0 2158 Article rating: 5.0 In a significant development, Bharti Group sold off its entire stake of 13.64 per cent in Kishori Biyani-led Future Enterprises, making an exit for an estimated sum of Rs. 240 crore on Tuesday. Read more
Sonata Software reports strong operating performance for the quarter. Sonata Software reports strong operating performance for the quarter. Amir Shaikh / Tuesday, May 22, 2018 0 2789 Article rating: 5.0 The EBITDA for the quarter declined by 2 per cent QoQ to Rs.63 crore in Q4FY18 as compared with Rs.65 crore in Q3FY18. The EBITDA margin expanded by 170 bps to 10.1 per cent for Q4FY18. Read more
Minda Industries Q4FY18 profit jumps over two-fold Minda Industries Q4FY18 profit jumps over two-fold Nidhi Jani / Tuesday, May 22, 2018 0 1233 Article rating: 5.0 The reported net profit for the quarter came in at Rs 139.95 crore, an increase of 122.5 per cent YoY. This includes exceptional gain of Rs 38.24 crore. Read more
Dabur India down on reports of director's asset seizure Dabur India down on reports of director's asset seizure Nikita Singh / Tuesday, May 22, 2018 0 1768 Article rating: 5.0 The share price of Dabur India suffered a setback in Tuesday ’s trading as reports surfaced that assets worth Rs 21 crore have been seized from Pradip Burman, the director of the company. Read more