Business news

finance-minister-terms-parliamentarian-award-as-peer-recognition Play

Finance minister terms parliamentarian award as peer recognition

New Delhi, Aug 13 (ANI): President Pranab Mukherjee recently conferred the outstanding parliamentarian awards to three veteran leaders. India's Finance Minister Arun Jaitley, Congress leader Karan Singh and regional party Janta Dal-United chief Sharad Yadav were honoured with the awards for the years 2010, 2011 and 2012, respectively. At a function organised by the Indian Parliamentary Group, President Mukherjee presented the awards to Jaitley, Singh and Yadav, while all the three turned very nostalgic about the past. Going down the memory lane, Jaitley said when he looks back it seems that he has come a long way. Meanwhile, Congress leader Karan Singh recalled his earliest association with the parliament, which dates back to 1950s. Remembering the times of India's independence, Janta Dal-United chief Sharad Yadav talked about making his Parliamentary debut at the time when it was still abuzz with freedom fighters. Aug 13, 2014
bse-closes-points-361-53-up-on-august-12 Play

BSE closes points 361.53 up on August 12

New Delhi, August 12 (ANI): Trading at the Bombay Stock Exchange today closed 361.53 points up to stand at 25,880.77. At the National Stock Exchange the Nifty closed 101.10 points up to stand at 7,727.05. Eicher Motors and RAMCOCEM were among the top gainers of Group A with an increase of 8.40% and 8.30% along with Gail India and Tata Motors with an increase of 5.83% and 5.72% respectively, while the top losers of Group A include Bhushan Steel and Neyveli Lignite with a decrease of 9.98% and 6.49% along with Indian Hotels and Mangalore Refinery with a decrease of 5.96% and 5.28% at the close of the markets. The Auto sector is up 282.19 points at 16,238.89 while the banking sector is up 240.43 points at 17,237.63 and the reality sector is up 19.07 points at 1,875.74. The Indian currency is up 0.11% at Rs 61.11 per dollar. Aug 12, 2014
bse-closes-points-259-87-down-on-august-8 Play

BSE closes points 259.87 down on August 8

New Delhi, August 8 (ANI): Trading at the Bombay Stock Exchange today closed 259.87 points down to stand at 25,329.14. At the National Stock Exchange the Nifty closed 80.70 points down to stand at 7,568.55. Oracle Financial Services Software Ltd. and Apollo Hospitals Enterprise Ltd. were among the top gainers of Group A with an increase of 2.92% and 2.69% along with Pidilite Inds and Bharti Airtel with an increase of 2.49% and 2.31% respectively, while the top losers of Group A include Bhushan Steel and JPPOWER with a decrease of 9.99% and 6.01% along with Torrent Power and SSLT with a decrease of 5.80% and 5.71% at the close of the markets. The Auto sector is down 214.69 points at 15,544.33 while the banking sector is down 258.61 points at 16,903.81 and the reality sector is down 73.82 points at 1,838.98. The Indian currency is up 0.21% at Rs 61.35 per dollar. Aug 8, 2014
bse-closes-points-242-74-down-n-on-august-6 Play

BSE closes points 242.74 down n on August 6

New Delhi, August 6 (ANI): Trading at the Bombay Stock Exchange today closed 242.74 points down to stand at 25,665.27. At the National Stock Exchange the Nifty closed 74.50 points down to stand at 7,672.05. Suzlon Energy and Sobha Dev were among the top gainers of Group A with an increase of 4.79% and 4.53% along with Piramal Enterprises and Berger Paints with an increase of 4.43% and 3.84% respectively, while the top losers of Group A include Bhushan Steel and Apollo Tyres with a decrease of 20.00% and 7.15% along with IDBI Bank and Indiabulls Real Estate with a decrease of 6.85% and 5.81% at the close of the markets. The Auto sector is down 123.66 points at 15,763.15 while the banking sector is down 318.64 points at 17,179.85 and the reality sector is down 24.23 points at 1,919.32. The Indian currency is down 0.96% at Rs 60.43 per dollar. Aug 6, 2014
bse-closes-points-414-13-down-on-august-1 Play

BSE closes points 414.13 down on August 1

New Delhi, August 01 (ANI): Trading at the Bombay Stock Exchange today closed 414.13 points down to stand at 25,480.84. At the National Stock Exchange the Nifty closed 118.70 points down to stand at 7,602.60. GMR Infra and Glenmark Pharma were among the top gainers of Group A with an increase of 7.66% and 3.86% along with Bharti Infratel and Union Bank with an increase of 3.56% and 3.19% respectively, while the top losers of Group A include Financial Tech and Torrent Power with a decrease of 5.00% and 4.71% along with Sun TV Network and Titan with a decrease of 4.37% and 4.14% at the close of the markets. The Auto sector is down 156.69 points at 15,334.02 while the banking sector is down 156.63 points 17,328.98 and the realty sector is down 19.45 points at 1,873.58. The Indian currency is up 0.96% at Rs 61.13 per dollar. Aug 1, 2014
bse-closes-points-96-19-up-on-july-30 Play

BSE closes points 96.19 up on July 30

New Delhi, July 30 (ANI): Trading at the Bombay Stock Exchange today closed 96.19 points up to stand at 26,087.42. At the National Stock Exchange the Nifty closed 42.70 points up to stand at 7,791.40. Ashok Leyland and HDIL were among the top gainers of Group A with an increase of 6.56% and 5.84% along with Indiabulls Real Estate and CESC with an increase of 5.57% and 5.56% respectively, while the top losers of Group A include L&T and Financial Technologies with a decrease of 7.22% and 5.00% along with Pipavav Defence and Havells India with a decrease of 4.05% and 3.60% at the close of the markets. The Auto sector is up 99.54 points at 15,587.74 while the banking sector is up 273.12 points 17,694.51 and the realty sector is up 15.30 points at 1,888.46. The Indian currency is up 0.03% at Rs 60.11 per dollar. Jul 30, 2014
bse-closes-points-135-52-down-on-july-28 Play

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
biocon-reports-marginal-revenue-for-first-quarter-of-current-fiscal Play

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 Play

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
bse-closes-points-124-52-up-on-july-24 Play

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
bse-closes-points-310-63-up-on-july-23 Play

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
bse-closes-points-73-61-up-on-july-21 Play

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
bse-closes-points-80-40-up-on-july-18 Play

BSE closes points 80.40 up on July 18

New Delhi, July 18 (ANI): Trading at the Bombay Stock Exchange today closed 80.40 points up to stand at 25,641.56. At the National Stock Exchange the Nifty closed 23.45 points up to stand at 7,663.90. Exide Industries ltd. and Muthoot Finance Ltd. were among the top gainers of Group A with an increase of 4.07% and 3.76% along with Shriram City Union Finance Ltd. and Karnataka Bank with an increase of 3.15% and 3.12% respectively, while the top losers of Group A include Indian Hotels and GMR Infra with a decrease of 6.96% and 4.01% along with REC and Financial Tech with a decrease of 3.64% and 3.62% at the close of the markets. The Auto sector is down 3.08 points at 15,713.19 while the banking sector is up 134.21 points at 17,611.71 and the realty sector is down 17.55 points at 1,981.36. The Indian currency is 0.22 % up at Rs 60.31 per dollar. Jul 18, 2014
bse-closes-points-321-07-down-on-july-16 Play

BSE closes points 321.07 down on July 16

New Delhi, July 16 (ANI): Trading at the Bombay Stock Exchange today closed 321.07 points up to stand at 25,549.72. At the National Stock Exchange the Nifty closed 97.75 points up to stand at 7,624.40. JP INFRATEC and Financial Tech were among the top gainers of Group A with an increase of 19.86% and 9.99% along with IDFC and Adani Ports with an increase of 8.87% and 8.44% respectively, while the top losers of Group A include Power Finance and REC with a decrease of 5.98% and 4.72% along with LIC Housing Finance Ltd. and South Indian Bank with a decrease of 3.71% and 2.97% at the close of the markets. The Auto sector is up 222.85 points at 15,741.51 while the banking sector is up 426.10 points at 17,479.92 and the realty sector is up 82.61 points at 2,014.51. The Indian currency is 0.07% up at Rs 60.16 per dollar. Jul 16, 2014
bse-closes-points-221-67-up-on-july-15 Play

BSE closes points 221.67 up on July 15

New Delhi, July 15 (ANI): Trading at the Bombay Stock Exchange today closed 221.67 points up to stand at 25,228.65. At the National Stock Exchange the Nifty closed 72.50 points up to stand at 7,526.65. Financial Tech and MCX were among the top gainers of Group A with an increase of 10.00% and 9.25% along with Future Retail and Reliance Infrastructure Ltd. with an increase of 9.25% and 7.40% respectively, while the top losers of Group A include Piramal Enterprises Ltd. and CRISIL with a decrease of 9.83% and 4.00% along with Sobha Developers Ltd. and Dr Reddys Lab with a decrease of 2.74% and 2.34% at the close of the markets. The Auto sector is up 214.22 points at 15,518.66 while the banking sector is up 458.18 points at 17,053.82 and the realty sector is up 40.74 points at 1,931.90. The Indian currency is 0.15% down at Rs 60.16 per dollar. Jul 15, 2014
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