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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

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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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HDFC Bank Q4 net profit rises 18%, employee strength falls by 6,000; provisioning for bad loans almost doubles

HDFC Bank reports Rs 3,990 crore net profit for Q4, an increase of 18 percent, but employee headcount falls and provisioning for NPAs rises more than 100 percent.

Apr 21, 2017

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Minda, Bombay Dyeing, Raymond, Sun TV Network hit new 52-week high on BSE; Wipro steady despite layoff buzz

Among many stocks that scaled fresh year-highs are Minda Industries, Nusli Wadia firm Bombay Dyeing, Raymond and Kalanithi Maran's Sun TV Network.

Apr 21, 2017

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India's civil aviation market slows down after a period of hyper growth

There is a steady decline in domestic air traffic growth from the earlier >20 percent levels to 15-16 percent for the past two months.

Apr 21, 2017

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Wipro 'sacks' hundreds of techies for non-performance

The exact number of techies "sacked" in the fourth quarter of the just-concluded FY 2017 was not known as the company is in "silent period" ahead of its results on April 25.

Apr 21, 2017

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SpiceJet shares gain 12% on 'astrological' support; Jet Airways, Interglobe also skyrocket

Shares of aviation companies SpiceJet, Indigo-owner Interglobe Aviation and Jet Airways spurt on "astrological" prediction for Samvat 2074.

Apr 20, 2017

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NTPC stands to gain Rs 200 crore incentive for achieving higher power output

The incentive for plant load factor (PLF) beyond 85 percent for power utilities is as per FY15-19 tariff regulations.

Apr 20, 2017

Planning for early retirement? This is how you calculate if you can do that now!

If you want to retire early and fulfil your dreams of travelling the world and spend time with your loved ones, the 4 percent rule might just be the answer to all your early retirement woes.

Apr 20, 2017

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