Business
Infosys, Vodafone Idea, Bharti Airtel Among Key Stocks in Focus Today
Infosys Ltd shares climbed 5.3% as analysts are now saying that fears about wrongdoing at the company as alleged in the whistleblower complaint could’ve been overdone.
After Being Stalled by Protests, Alibaba to Resume Hong Kong Listing Plans in November: Report
Hong Kong's bourse fell behind the New York Stock Exchange and Nasdaq this year amid months of anti-government protests that have roiled the Asian financial hub.
InterGlobe Aviation Shares Jump 5.5 Percent After Three-day Fall
InterGlobe Aviation on Tuesday announced that it had placed an order for 300 A320neo family aircraft, comprising A320neos, A321neos and A321XLRs.
Sensex Crosses 40,000 Mark, First Time Since July This Year
Top gainers in the Sensex pack included Bharti Airtel, L&T, Infosys, ITC, Vedanta, HDFC Bank, Bajaj Auto, Kotak Bank and Sun Pharma rose up to 2 per cent.
Railway Freight Earnings Down by Rs 3,901 Crore in Q2; Income From Passenger Fare Dips by Rs 155 Cr: RTI
The RTI revealed that in the first quarter (April-June) of financial year 2019-20, the railways earned a revenue of Rs 13,398.92 crore from passenger fare. This dipped to Rs 13,243.81 crore in the July-September quarter.
What Reliance Industries Move to Restructure Jio Holding Means: Moneycontrol Explainer
The objective is to make the digital platform holding company along with Reliance Jio (RJio) debt free that will pave the way for attracting strategic investors and financial investors in the digital business at a premium valuation.
Infosys Grants Stock Incentives to Nearly 7,000 Mid-level Employees
The Infosys board had approved the performance-based stock ownership programme for employees in April this year, with around 50 million shares allocated for the purpose.
IndiGo, Tata Motors, SBI, Bharti Infratel and ITC Among Key Stocks in Focus Today
ITC Ltd shares gained 3.3% after its net profit climbed 36.16% to Rs 4,023.1 crore in the September quarter compared with a year ago, while revenue rose 5.3% to Rs 11,871.5 crore.
IndiGo Parent InterGlobe Aviation Shares Tumble 7 Percent After Q2 Earnings
InterGlobe Aviation's total income rose 31 per cent to Rs 8,539.8 crore in the second quarter of the current fiscal.
Infosys Shares Fall Over 2% After Sebi, US Securtities Agency Begin Probe into Whistleblower Complaint
The scrip fell 2.36 per cent to close at Rs 635.40 on the BSE. During the trade, it declined 2.87 per cent to Rs 632.05.
Govt Accords 'Maharatna' Status to Hindustan Petroleum, Power Grid Corp
HPCL was incorporated in 1974 after the takeover and merger of erstwhile Esso Standard and Lube India through the Esso (Acquisition of Undertaking in India) Act passed by Parliament.
Anti-Corruption Bureau Lodges FIR in J&K Bank Loan Fraud Case of Rs 1,100 Crore
Soon after the registration of the FIR, different ACB teams carried out extensive searches at the houses of over a dozen accused J&K bank officials, at nine locations in Kashmir, four in Jammu and three in Delhi.
Johnson & Johnson Recalls 33,000 Bottles of Baby Powder as Tests Find Asbestos in Sample
The recall is the latest blow to the more than 130-year-old US healthcare conglomerate that is facing thousands of lawsuits over a variety of products, including baby powder, opioids, medical devices and the antipsychotic Risperdal.
RIL to Announce Q2 Earnings Today; Here’s What Analysts Expect
RIL shares have already risen 2% on Friday in anticipation of strong earnings, making the Mukesh Ambani-owned firm the first company in India to have a market capitalization of a whopping Rs 9 trillion.
Scam-Hit HDIL Appoints Knight Frank to Value 40 Land Assets
While the principal loan on these 40 properties is around Rs 2,200 crore, PMC Bank has been accused of fraudulently extending Rs 4,500 crore to HDIL on the back of security of these properties.
Gold Prices Marches Higher; Up Rs 120 on Festive Demand, Weaker Rupee
Gold was trading higher at USD 1,485 an ounce in the international market, while silver quoted flat at USD 17.33 per ounce.
