Companies

BHEL to Set up 10MW Solar Power Plant in Mandya

Bharat Heavy Electricals Limited (BHEL) has informed BSE on Monday about its plan to set up a 10MW solar power plant in Shivanasamudram, Belakavadi village in Mandya district of Karnataka.

Jul 28, 2014

BSE closes points 135.52 down on July 28

New Delhi, July 28 (ANI): Trading at the Bombay Stock Exchange today closed 135.52 points down to stand at 25,991.23. At the National Stock Exchange the Nifty closed 41.75 points down to stand at 7,748.70. Central Bank and Reliance Power were among the top gainers of Group A with an increase of 7.02% and 3.80% along with Hindustan Unilever and Glenmark Pharma with an increase of 3.62% and 3.38% respectively, while the top losers of Group A include Wockhardt and DLF with a decrease of 8.06% and 5.20% along with IRB Infra and CESC with a decrease of 5.11% and 4.60% at the close of the markets. The Auto sector is down 121.36 points at 15,488.20 while the banking sector is down 121.60 points 17,421.39 and the realty sector is down 51.84 points at 1,873.16. The Indian currency is up 0.03% at Rs 60.12 per dollar.

Jul 28, 2014

Gujarat Government Favoured Reliance and Adani, Reveal CAG Reports

The Comptroller and Auditor General has slammed Gujarat government for mismanagement of the state's financial resources for the financial year ended 31 March 2013.

Jul 26, 2014

Biocon reports marginal revenue for first quarter of current fiscal

Bangalore, July 26 (ANI): Biotechnology major, Biocon Ltd, reported revenue of nearly 3.5 percent and a net profit of only 10 percent for the fiscal 2014-2015. Chairperson of Biocon Ltd, Kiran Mazumdar Shaw, while addressing a news conference in Bangalore said the biopharma sales were slow this quarter as compared to the previous quarters. Shaw said ongoing crisis in Middle East might have been a major reason for reduction in revenues for the biopharma and said they are looking at other global markets to compensate for the same.

Jul 26, 2014

BSE closes points 145.10 down on July 25

New Delhi, July 25 (ANI): Trading at the Bombay Stock Exchange today closed 145.10 points down to stand at 26,126.75. At the National Stock Exchange the Nifty closed 40.15 points down to stand at 7,790.45. Wockhardt and Glenmark Pharma were among the top gainers of Group A with an increase of 9.92% and 6.60% along with Sun Pharma and Ranbaxy Lab with an increase of 4.45% and 4.20% respectively, while the top losers of Group A include JPINFRATEC and Biocon with a decrease of 7.50% and 7.12% along with Century Tex and UCO Bank with a decrease of 6.90% and 6.44% at the close of the markets. The Auto sector is down 198.27 points at 15,609.56 while the banking sector is down 239.37 points 17,542.99 and the realty sector is down 52.97 points at 1,925.00. The Indian currency is up 0.03% at Rs 60.10 per dollar.

Jul 25, 2014

Drugmaker Ipca Halts Exports to US from Ratlam Plant after FDA Finds Guidelines Violation

Ipca Laboratories informed on Thursday that it has stopped exports to USA from its Ratlam drug manufacturing plant, after the United States Food and Drug Administration (FDA) expressed concerns.

Jul 24, 2014

BSE closes points 124.52 up on July 24

New Delhi, July 24 (ANI): Trading at the Bombay Stock Exchange today closed 124.52 points up to stand at 26,271.85. At the National Stock Exchange the Nifty closed 34.85 points up to stand at 7,830.60. Financial Tech and Uco Bank were among the top gainers of Group A with an increase of 10.00% and 5.83% along with Bank of India and Reliance Capital Ltd. with an increase of 4.27% and 4.05% respectively, while the top losers of Group A include IPCA Lab and JPPOWER with a decrease of 13.06% and 7.02% along with Cairn India and Jaiprakash Associates Ltd. with a decrease of 6.67% and 6.06% at the close of the markets. The Auto sector is up 3.67 points at 15,807.83 while the banking sector is up 77.29 points at 17,782.36 and the realty sector is up 6.28 points at 1,977.97. The Indian currency is 0.01% down at Rs 60.10 per dollar.

Jul 24, 2014

Apple Pushes S&P 500 to Record Close; Boeing Hits Dow

Stocks ended mostly higher on Wednesday, with the S&P 500 closing at a record on Apple's bullish results.

Jul 24, 2014

Apple to Team up with IBM to Boost iPad Sales [Video]

Apple Inc. is set to team up with International Business Machines (IBM) to boost the sales of the iPad that has been under-performing in the market.

Jul 24, 2014

Lay's Announces Finalists of #DoUsAFlavor; Could You be Waking up to Cappuccino Potato Chips? [Video]

Lay's potato chips officially announced the four finalists of their #DoUsAFlavor campaign; Voting starts from 28 July.

Jul 23, 2014

BSE closes points 310.63 up on July 23

New Delhi, July 23 (ANI): Trading at the Bombay Stock Exchange today closed 121.53 points up to stand at 26,147.33. At the National Stock Exchange the Nifty closed 27.90 points up to stand at 7,795.75. Financial Tech and MRF were among the top gainers of Group A with an increase of 9.99% and 7.27% along with National Unitech and Berger Paints with an increase of 5.16% and 4.73% respectively, while the top losers of Group A include Sun TV Network and Coromandel International with a decrease of 7.07% and 3.64% along with Apollo Hospital and Ambuja Cements with a decrease of 3.19% and 3.17% at the close of the markets. The Auto sector is up 30.46 points at 15,804.16 while the banking sector is up 41.60 points at 17,705.07 and the realty sector is down 1.06 points at 1,971.69. The Indian currency is 0.19% down at Rs 60.13 per dollar.

Jul 23, 2014

Customers are seen through the windows of a McDonald's store (top) in Tokyo, while others stand in line in front of cash registers, July 22, 2014.

Safety Violations at McDonald's, Yum China Supplier Company-led-Regulator

McDonald's and KFC's parent Yum have been pulled into a food safety scandal in China.

Jul 23, 2014

Fund Managers Unconvinced by Apple Rebound as Firm Readies Results

Apple, once a can't-miss stock, is finding it tough to persuade portfolio managers to come back into the fold.

Jul 22, 2014

BSE closes points 73.61 up on July 21

New Delhi, July 21 (ANI): Trading at the Bombay Stock Exchange today closed 73.61 points up to stand at 25,715.17. At the National Stock Exchange the Nifty closed 20.30 points up to stand at 7,684.20. Century Tex and MCX were among the top gainers of Group A with an increase of 10.60% and 7.85% along with Thermax and Sun TV Network with an increase of 4.47% and 4.43% respectively, while the top losers of Group A include CRISIL and HDIL with a decrease of 4.40% and 3.90% along with Canara Bank and Emami with a decrease of 3.17% and 3.10% at the close of the markets. The Auto sector is up 3.76 points at 15,716.95 while the banking sector is up 5.58 points at 17,617.29 and the realty sector is down 19.76 points at 1,961.60. The Indian currency is 0.04 % up at Rs 60.26 per dollar.

Jul 21, 2014