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Biocon declares 2:1 bonus issue, Q4 net profit rises 75%; share falls 1.85%

Bengaluru-based Biocon also declared final dividend of Rs 3 per share in addition to 2:1 bonus issue while announcing its Q4 and FY17 results on Thursday.

Apr 28, 2017

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Baahubali 2 buzz lifts PVR, Inox Leisure shares on BSE

S S Rajamouli-directorial Baahubali 2 starring Prabhas, Tamannaah Bhatia and Anushka Shetty is poised to lift footfalls at PVR and Inox multiplexes.

Apr 27, 2017

Modified Tata Safari Storme 4x4 of Indian Armed Forces

No more Maruti Suzuki Gypsy; see Indian Armed Forces' new Tata Safari Storme

Tata Motors will supply 3192 units of modified Safari Storme 4x4 to the Indian Armed Forces.

Apr 27, 2017

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SpiceJet maintains gains; regional air connectivity scheme 'UDAN' launched by PM Modi

Budget carrier SpiceJet is one of the five carriers that will be flying services under UDAN (Ude Desh Ka Aam Nagrik), a a regional connectivity scheme.

Apr 27, 2017

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Axis Bank Q4 net profit falls 43% over spike in provisioning for bad loans

Private sector lender Axis Bank reported a sharp fall in net profit for March quarter (Q4) and FY2017 due to higher provisioning for bad loans.

Apr 26, 2017

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Foreign investors turn net sellers despite Sensex closing above 30,000

On Wednesday, April 26, foreign institutional investors (FIIs) were net sellers of Indian equities worth Rs 493 crore.

Apr 26, 2017

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Wipro chairman Azim Premji, other promoters poised to get 178 crore bonus shares

Wipro chairman Azim H Premji holds 9.34 crore shares while other family members and body corporates hold the rest.

Apr 26, 2017

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ICICI Prudential Life Insurance shares plunge over FY2017 results

Shares of ICICI Prudential Life Insurance are down 4.32 percent a day after the largest private insurer reported modest rise in net profit for FY2017.

Apr 26, 2017

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Talent solutions company Pontoon opens Bengaluru office

Pontoon currently has 50 employees and this is set to grow to about 200 in the next 18 to 24 months.

Apr 26, 2017

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ITC, Asian Paints, M&M, HDFC Bank, GAIL keep Sensex above 30,000; Allcargo Logistics gains 10% on bulk deal

BSE Sensex and NSE Nifty opened at record highs and are sustaining the momentum led by ITC, Asian Paints and HDFC Bank; Allcargo Logistics gains 10% on block deal.

Apr 26, 2017

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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