Companies

BSE closes points 517.97 down on July 8

New Delhi, July 08 (ANI): Trading at the Bombay Stock Exchange today closed 517.97 points down to stand at 25,582.11. At the National Stock Exchange the Nifty closed 163.95 points down to stand at 7,623.20. MCX and Berger Paints were among the top gainers of Group A with an increase of 4.36% and 2.66% along with Bajaj Holdings and Cadila Health with an increase of 2.34% and 1.63% respectively, while the top losers of Group A include Unitech and Jaiprakash Associates Ltd. with a decrease of 12.54% and 9.82% along with IFCI and MMTC with a decrease of 9.47% and 9.30% at the close of the markets. The Auto sector is down 367.98 points at 15,838.12 while the banking sector is down 413.67 points at 17,195.13 and the realty sector is down 150.04 points at 1,945.73. The Indian currency is 0.28% down at Rs 59.84 per dollar.

Jul 8, 2014

'Missing' CMD of SIS Sunil Kakkad Arrested in Liberia

Sunil Kakkad, chairman and managing director of Sai InfoSystems was missing since last year was arrested in Liberia.

Jul 8, 2014

RCOM to Outsource 37% of its Workforce

Anil Ambani-led RCOM is planning to outsource around 6,000 call-centre employees due to restructuring process.

Jul 8, 2014

BSE closes points 138.02 up on July 7

New Delhi, July 07 (ANI): Trading at the Bombay Stock Exchange today closed 138.02 points up to stand at 26,100.08. At the National Stock Exchange the Nifty closed 35.55 points up to stand at 7,787.15. IDFC and Container Corporation Of India Ltd. were among the top gainers of Group A with an increase of 6.23% and 6.13% along with Neyveli Lignite and Cadila Health with an increase of 5.71% and 5.58% respectively, while the top losers of Group A include HDIL and BAJFINANCE with a decrease of 3.78% and 3.00% along with HPCL and JSW Steel with a decrease of 2.97% and 2.97% at the close of the markets. The Auto sector is up 110.33 points at 16,206.10 while the banking sector is down 215.73 points at 17,608.80 and the realty sector is down 3.03 points at 2,095.77. The Indian currency is up 0.44% at Rs 59.98 per dollar.

Jul 7, 2014

BSE closes points 138.31 up on July 4

New Delhi, July 04 (ANI): Trading at the Bombay Stock Exchange today closed 138.31 points up to stand at 25,962.06. At the National Stock Exchange the Nifty closed 36.80 points up to stand at 7,751.60. Prestige Estates and Bajaj Finance Limited were among the top gainers of Group A with an increase of 9.04% and 7.04% along with CESC and Videocon Industries Ltd. with an increase of 5.47% and 5.05% respectively, while the top losers of Group A include Bajaj Holdings and ACC with a decrease of 3.29% and 2.67% along with Wockhardt and ABB India Ltd. with a decrease of 2.59% and 2.43% at the close of the markets. The Auto sector is up 9.06 points at 16,102.35 while the banking sector is up 122.71 points at 17,817.95 and the realty sector is up 19.13 points at 2,095.03. The Indian currency is up 0.01% at Rs 59.73 per dollar.

Jul 4, 2014

BSE Breaches 25.8k Mark; Metals, Goods, Auto and Power Stocks Fall

India's Sensex on Friday gained 0.14 percent while the Nifty rose up 0.13 percent ahead of budget on July 10. BSE Metal, Capital Goods, Auto and Power dipped by 135 points, 124 points, 13.22 points and 5.03 points respectively at 2:50 pm.

Jul 4, 2014

Creating Dynamic Financial Ecosystems for the Poor

Many topics will be discussed at the forthcoming Asia Microfinance Forum 2014 (AMF), to be held in Shanghai, China from 5-7 August, 2014.

Jul 4, 2014

'India is Facebook's Second Largest Market' Says COO Sheryl Sandberg

While the social networking giant has been dogged by numerous privacy concerns, Facebook believes that it has always prioritized the privacy of users.

Jul 4, 2014

BSE CEO on Bombay Stock Exchange halting trading due to network outage

Mumbai, July 3 (ANI): Bombay Stock Exchange (BSE) halted trading on Thursday morning across all of its markets, including shares, currencies and indexes due to a network outage. Speaking on the cause of the outage, its CEO and MD, Ashish Kumar Chauhan said that its technology partners are in the process of analyzing the root cause of the glitch.

Jul 3, 2014

Bombay Stock Exchange halts trading due to network outage

Mumbai, July 3 (ANI): Bombay Stock Exchange (BSE) halted trading on Thursday morning across all of its markets, including shares, currencies and indexes due to a network outage. Reportedly, all orders placed before the network outage would be cancelled. The exchange operator network service vendor HCL Technologies Ltd was working to resolve the issue. Stock Market Expert, Sunil Shah, said that the authorities are addressing the problem and have assured that trading will start soon.

Jul 3, 2014

BSE closes points 324.86 up on July 2

New Delhi, July 02 (ANI): Trading at the Bombay Stock Exchange today closed 324.86 points up to stand at 25,841.21. At the National Stock Exchange the Nifty closed 90.45 points up to stand at 7,725.15. Adani Ports and Castrol India were among the top gainers of Group A with an increase of 10.65% and 9.18% along with TTK Prestige and MCX with an increase of 8.59% and 7.85% respectively, while the top losers of Group A include Gujarat State Petronet Ltd. and GMR Infra with a decrease of 3.83% and 2.90% along with Berger Paints and ING Vysya Bank with a decrease of 2.68% and 1.84% at the close of the markets. The Auto sector is up 216.78 points at 15,955.31 while the banking sector is up 185.92 points at 17,744.63 and the realty sector is up 8.20 points at 2,106.77. The Indian currency is up 0.70% at Rs 59.65 per dollar.

Jul 2, 2014

Flipkart Co-founder to Spend a Day on Doorstep Delivery

Sachin Bansal, Flipkart co-founder and CEO, will spend a day delivering products to customers, encouraging other senior executives as well.

Jul 2, 2014

Walmart Initiates B2B e-commerce Venture in India

US-based firm Walmart is planning for business-to-business e-commerce venture in India for the first time.

Jul 2, 2014

Mukesh Ambani, Chairman and Managing Director Of Reliance Industries Ltd.

DoT Dismisses CAG's Allegations that it Helped RIL during 2010 Auctions

The CAG has now suggested canceling nationwide broadband spectrum given to IBSPL, which is now a Reliance Industries company.

Jul 2, 2014

BSE closes points 102.57 up on July 1

New Delhi, July 01 (ANI): Trading at the Bombay Stock Exchange today closed 102.57 points up to stand at 25,516.35. At the National Stock Exchange the Nifty closed 23.35 points up to stand at 7,634.70. Gujarat State Petronet Ltd. and Bajaj Holdings were among the top gainers of Group A with an increase of 9.01% and 8.94% along with Hindalco Industries Ltd. and Maruti Suzuki with an increase of 6.76% and 6.01% respectively, while the top losers of Group A include CESC and CRISIL with a decrease of 2.87% and 2.60% along with Union Bank and Allahabad Bank with a decrease of 2.45% and 2.38% at the close of the markets. The Auto sector is up 493.63 points at 15,742.92 while the banking sector is up 83.63 points at 17,558.71 and the realty sector is up 21.44 points at 2,098.57. The Indian currency is down 0.13% at Rs 60.09 per dollar.

Jul 1, 2014