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  • Tech Mahindra Rises Over 2% on Acquisition of CJS Solutions Tue, 07 Mar 2017 12:50:19 +0530
    Shares of Tech Mahindra spurted over 2 per cent in early trade on the Bombay Stock Exchange after IT major said that its board has approved the proposal to acquire the CJS Solutions Group LLC, through its subsidiary company at US.

  • Reliance Rally Continues On Solid Outlook; Scrip Jumps 4% Mon, 06 Mar 2017 13:00:11 +0530
    Shares of Reliance Industries extended gaining streak and jumped nearly 4 per cent, hitting fresh 52-week high, on the Bombay Stock Exchange after brokerage firm affirmed strong outlook for Mukesh Ambani's telecom unit Reliance Jio. Continuing its gaining streak, shares of

  • Apollo Hospitals Plunges Over 5% on Stake Sale by Malaysian Fund Fri, 03 Mar 2017 12:50:27 +0530
    Shares of Apollo Hospitals Enterprise tumbled over 5 per cent on the Bombay Stock Exchange after Malaysian fund, Integrated Healthcare Holdings, sold more than 6 per cent stake in the healthcare company.Weighed down by the development, shares of company declined as

  • RIL Hits Record High on Shareholding Rejig Fri, 03 Mar 2017 12:50:26 +0530
    Shares of Reliance Industries continued their gaining momentum and jumped over 4 per cent, hitting fresh 52-week high, on the Bombay Stock Exchange after Mukesh Ambani-led promoter group entities announced to restructure their shareholding in the company through an inter-se transfer

  • PNB Plans Sale of Rs 1,800 cr Bad Loans to ARC This Month Thu, 02 Mar 2017 12:50:19 +0530
    Stepping up efforts to recover bad loans, state-owned Punjab National Bank has identified assets worth Rs 1,800 crore to be sold to ARCs by month end, reported PTI."Certain accounts are in the pipeline, may be assets around Rs 1800 crore, and

  • Tata Motors Skids Over 9% on Disappointing Q3 Wed, 15 Feb 2017 13:00:01 +0530
    Shares of Tata Motors tumbled over 9 per cent on the Bombay Stock Exchange after the auto major reported sharp decline of 96 per cent in its consolidated net profit at Rs 112 crore during the third quarter (Q3) of FY17.{image-17-1418821625-tata-motors-logo-15-1487144950.jpg

  • MMTC jumps over 7% as Q3 profit surges Tue, 14 Feb 2017 12:50:06 +0530
    Shares of MMTC surged over 7 per cent on the Bombay Stock Exchange after the company's net profit jumped over three-fold to Rs 74 crore compared to Rs 19.89 crore in the prior year period driven by higher income.{image-bull17-14-1487058347.jpg}Boosted by

  • Sunteck Realty Jumps Over 5% On Biz Expansion Plan Thu, 09 Feb 2017 13:00:21 +0530
    Shares of Sunteck Realty soared over 5 per cent on the Bombay Stock Exchange after the realty player unveiled plan to invest up to Rs 1,000 crore over the next two years in affordable housing projects.{image-graph-up-09-1486626883.jpg}Boosted by the development, shares

  • ITC hits 52-week high on budge announcement Thu, 02 Feb 2017 14:29:40 +0530
    Shares of ITC, a multi-business conglomerate, jumped nearly 4 per cent, hitting 52-week high, on the Bombay Stock Exchange as investors increased bet on stock after FM announced lower than expected hike in excise duty on cigarettes in Budget.{image-shares-04-1478231950.jpg}Extending previous

  • TCS, Infosys Shares Slump On Reports Of H1 B Visa Holders Salary Hike Tue, 31 Jan 2017 12:35:46 +0530
    Shares in TCS and Infosys fell after reports that a new H1B Bill has hiked the salary requirement for those going on employement using H1B Visa to $130,000 from the current levels of $60,000. {image-stockscrash3-31-1485846901.jpg}This is likely to force some

  • Cyient jumps Nearly 6% On Acquisition Of Certon Software Tue, 24 Jan 2017 13:40:10 +0530
    Shares of Cyient surged nearly 6 per cent on the Bombay Stock Exchange after the company said that Cyient Inc., USA, a wholly owned subsidiary of the company, has signed a definitive agreement to acquire 100 per cent equity in Certon

  • HCL Tech Falls Over 3% Post Q3 Tue, 24 Jan 2017 13:40:10 +0530
    Shares of HCL Technologies tumbled over 3 per cent on the Bombay Stock Exchange after the IT major reported a 7.8 per cent rise in consolidated net profit at Rs 2,070 crore for the third quarter ended December 2016.{image-stocktrader-24-1485247950.jpg}Following Q3

  • RIL To Spend Rs 30,000 Crores To Boost Jio Network Mon, 16 Jan 2017 08:40:01 +0530
    Reliance Industries is planning to invest a sum of Rs. 30,000 crore into Reliance Jio Infocomm to further its development and improve its signal strength. {photo-feature}

  • SBI hopes rate cuts to help boost sagging loan market Tue, 03 Jan 2017 08:30:42 +0530
    State Bank of India said the 90-basis points-reduction in the lending rates is likely to prop up its sagging loan growth and expects to boost the loan book to 8-9 per cent for the current financial year, reported PTI.{image-bank1-03-1483421145.jpg}The lender

  • SBI rules out further stake dilution in SBI Life before IPO Thu, 22 Dec 2016 08:50:17 +0530
    State Bank of India (SBI) ruled out further stake dilution in its life insurance arm before the proposed initial public offering that is likely to to happen over the next 12-18 months, reported PTI.{image-bank1-22-1482377897.jpg}"We want to retain 50.1 per cent

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