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Wipro declares 1:1 bonus issue, hints at share buyback; Q4 IT revenues rise 3.9% YoY; guidance for Q1 comes at $1,915-$1,955 million

Surprising many, Wipro declares bonus shares in the ratio of 1:1, skips final dividend and plans share buyback in July; Q4 IT revenues rise 3.9% YoY and 2.7% QoQ.

Apr 25, 2017

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HSBC wins mandate on $100 billion Saudi Aramco IPO

Europe's biggest bank joins peers including JPMorgan Chase & Co and Morgan Stanley on the deal.

Apr 25, 2017

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TCS, Tata Steel, Tata Motors shed Rs 30,000 crore in market cap since April 6

Of the 17 listed Tata Group entities, TCS, Tata Motors and Tata Steel are the biggest in terms of market capitalisation.

Apr 25, 2017

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Infosys opens delivery centre in Croatia

The Croatian facility is the latest location across 16 regions in Europe that Infosys has opened as part of its commitment to client servicing and local job creation.

Apr 25, 2017

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Amul brand owner Gujarat Cooperative Milk Marketing Federation's sales rise 18% for FY2017

Gujarat Cooperative Milk Marketing Federation (GCMMF) is India's largest dairy cooperative and sells milk and related products under Amul brand.

Apr 25, 2017

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Biocon gains 10%; board to consider bonus issue on Thursday

Directors of Kiran Mazumdar Shaw-led Biocon are meeting on Thursday to consider bonus issue, after a gap of nine years.

Apr 25, 2017

reliance industries, reliance jio, ril share price, reliance jio 4g data plan, bharti airtel telenor, indian stock markets

Reliance lifts Jio investment above $30 billion after record year

Mukesh Ambani-controlled Reliance Industries announced record profit for the 2016-17 financial year, and said the additional investment is required for its fibre network as it expands Jio's 4G reach.

Apr 25, 2017

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Reliance Industries reports upbeat results for March quarter

Mukesh Ambani-controlled Reliance Industries reports 12 percent rise in consolidated net profit and 44 percent growth in revenues for March (Q4) quarter.

Apr 24, 2017

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Emmanuel Macron's lead in French presidential elections triggers Sensex, Nifty rally

The rally on Indian stock markets saw Sensex and Nifty gaining 1 percent on Monday, riding on the positive outcome of French presidential elections

Apr 24, 2017

Reliance Industries trading with gains ahead of Q4 results; Sensex up 260 points

Controlled by Mukesh Ambani, Reliance Industries will be keenly tracked for its gross refining margins and Reliance Jio data.

Apr 24, 2017

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Macron thanks opponents who are calling to vote for him in the second run

French presidential candidate Emmanuel Macron thanks his opponents Francois Fillon and Benoit Hamon after they called voters to back him against Marine Le Pen in the elections second round.

Apr 24, 2017

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Gold gains sheen, crosses Rs 30,000 after six weeks

Strong global cues and increased buying by jewellers in India led to gold prices rising in India.

Apr 22, 2017

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French election results, Wipro's Q4 performance key factors for Indian stock markets next week

France goes to polls on Sunday (April 23) to elect a new president, with centrist candidate Emmanuel Macron leading opinion polls; Wipro's Q4 results also hold key.

Apr 22, 2017

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Police arrest share speculator for Borussia Dortmund bomb attack

German police have arrested a 28-year-old man suspected of carrying out the triple bomb attack on the Borussia Dortmund football team bus on 11 April. The man, known as Sergei W, was allegedly hoping to profit from falling Borussia Dortmund stock prices after the incident, having bought 15,000 options of Borussia Dortmunds stock.

Apr 21, 2017

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Wipro sacking employees drags Infosys, TCS but Mindtree, Tech Mahindra gain

News of Wipro reportedly laying off "hundreds" of employees weighed in other stocks like TCS and Infosys on the BSE.

Apr 21, 2017

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