Everything you need to know about Stock Exchange Po: news, reviews, in-depth analysis, opinion and more
Everything you need to know about Stock Exchange Po: news, reviews, in-depth analysis, opinion and more
Mumbai, May 18 (IANS) Key indices of Indian equities markets rallied for the fifth week in a row, with the benchmark Sensex gaining 164 points in the weekly trade as a sharp drop in inflation boosted hopes of an early rate cut by the Reserve Bank of India.
Mumbai, May 18 (IANS) Prime Minister Manmohan Singh will attend the silver jubilee celebrations of market regulator Securities and Exchange Board of India (SEBI) here Friday, an official said here.
Kolkata, May 17 (IANS) Cigarette-to-hotels conglomerate ITC Ltd Friday reported a 19.4 percent jump in its net profit to Rs.1,927.98 crore for the quarter ended March 31, 2013, from Rs.1,614.36 crore for the same period a year ago.
Mumbai, May 17 (IANS) A benchmark index of the Indian equities markets Friday closed in marginally positive territory, with scrips of capital goods, bank, power, realty and public sector undertakings (PSUs) gaining.
New Delhi, May 17 (IANS) Stock up your bag with handy beauty essentials, which can help you look bright and fresh despite the scorching sun.
Mumbai, May 17 (IANS) A benchmark index of the Indian equities markets was trading flat in afternoon trade Friday, two days after its biggest rally in a year.
Mumbai, May 16 (IANS) A benchmark index of the Indian equities markets closed flat Thursday, as losses in consumer durables and auto stocks offset gains in realty, healthcare, oil and gas and banking scrips.
Mumbai, May 16 (IANS) Reliance Capital Thursday said its net profit surged by 77 percent to Rs.812 crore ($149 million) in the financial year ended March 31, 2013.
Mumbai, May 16 (ANI): Bollywood actor Sanjay Dutt, convicted in the 1993 Mumbai bomb blasts case for possessing illegal weapons, surrendered before a special TADA court here today.
Mumbai, May 16 (ANI): Actor Sanjay Dutt has finally reached the TADA court where he is slated to surrender.
Mumbai, May 16 (ANI): Actor Sanjay Dutt left his residence here on Thursday afternoon to surrender before a TADA court.
Mumbai, May 16 (ANI): The Indian film fraternity came out in full support of Bollywood star Sanjay Dutt who is set to go to jail after being sentenced for possessing illegal weapons during the 1993 serial Mumbai blasts.
Bollywood actor Sanjay Dutt, will surrender before a special TADA court in Mumbai today on Thrusday in regard to his conviction in the 1993 Mumbai bomb blasts case for possessing illegal weapons.
Mumbai, May 16 (ANI): Bollywood actor Sanjay Dutt, convicted in the 1993 Mumbai bomb blasts case for possessing illegal weapons, will surrender before a special TADA court here today.
Mumbai, May 15 (IANS) A benchmark index of the Indian equities markets surged nearly 500 points Wednesday led by strong buying support in interest rate-sensitive banking, realty and auto stocks on expectation of rate-cut after inflation fell to a three-year-plus low.
Mumbai, May 15 (IANS) A benchmark index of the Indian equities markets surged more than 400 points Wednesday led by strong buying support in interest rate-sensitive banking, realty and auto stocks on expectation of rate-cut after inflation fell to a three-year-plus low.
New Delhi, May 15 (ANI): Bollywood actor Sanjay Dutt, convicted in the 1993 bomb blasts case, has withdrawn his plea to surrender before the Yerawada Jail in Pune instead of the special court in Mumbai.
New Delhi, May 15 (ANI): A designated TADA court will today decide on a plea filed by Bollywood actor Sanjay Dutt in which he has sought that he be allowed to surrender before Yerwada jail in Pune instead of giving himself up before the special court in south Mumbai.
Mumbai, May 14 (IANS) A benchmark index of the Indian equities markets closed flat Tuesday, a day after it plummeted to its lowest levels since May last year.
New Delhi, May 14 (IANS) Dr Reddy's Laboratories net profit for the fourth quarter (January-March) of 2012-13 went up by 78.54 percent, the company said in a statement Tuesday to the Bombay stock Exchange.
Kolkata, May 13 (IANS) The National Stock Exchange (NSE) Monday said it recorded a traded value of Rs.691 crore in gold exchange traded funds (ETFs) this Akshaya Tritiya, up by nearly 14 percent compared to last year.
Islamabad, May 13 (IANS) Nawaz Sharif, who is set to be Pakistan's prime minister for a third time, Monday said his government would have friendly relations with India and said he would invite Indian Prime Minister Manmohan Singh to his oath-taking ceremony here.
Mumbai, May 13 (IANS) A benchmark index of the Indian equities markets Monday closed 2.14 percent down on profit-booking and weak global cues.
Islamabad, May 13 (IANS) Nawaz Sharif, who is set to be Pakistan's prime minister for a third time, said Monday he would invite Indian Prime Minister Manmohan Singh to his oath-taking ceremony here.
Islamabad, May 13 (IANS) Pakistan witnessed protests by losing candidates who alleged rigging Monday, but delighted investors gave such a thumbs-up to the winners that the KSE-100 index zoomed up and breached the record in the country's history of stock trading.
Kolkata, May 13 (IANS) The National Stock Exchange (NSE) Monday launched the country's first dedicated debt trading platform.
New Delhi, May 13 (IANS) VivaKi Exchange, a division of TLG India Pvt. Ltd., has clinched the media mandate for the Indian Badminton League (IBL) following a hard fought multi-agency pitch.
New Delhi, May 13 (IANS) Bank of Baroda's net profit for the quarter ending March 31 dipped to 32.21 percent, the public sector bank told the Bombay Stock Exchange.
Islamabad, May 13 (IANS) The Karachi Stock Exchange shot up Monday, a day after unofficial results showed the Pakistan Muslim League-Nawaz had emerged as the single largest party.
Mumbai, May 13 (IANS) A benchmark index of the Indian equities markets was trading below more than half a percent in the pre-afternoon trade Monday.
Beijing, May 12 (IANS) China will simplify regulations on foreign exchange management to create a more convenient environment for foreign investors, authorities said.
New Delhi, May 10 (IANS) Reliance Communications Friday said its net profit surged almost 300 percent to Rs.624 crore in fiscal 2012-13.
Now all hope for getting relief for Bollywood actor Sanjay Dutt in the 1993 Mumbai serial blasts case has been dumped as the Supreme Court has rejected his review petition. He was seeking review of the March 21 judgement upholding his conviction under the Arms Act
New Delhi, May 10 (ANI): The Supreme Court on Friday rejected Bollywood actor Sanjay Dutt's plea seeking review of its March 21 judgement upholding his conviction under the Arms Act and sentencing him to five years in jail in 1993 Mumbai serial blasts case, saying there is no merit in it.
Accra, May 10 (IANS) Ghana is ready to restructure its capital market to spur economic growth, Finance Minister Seth Terkper said here.
Mumbai, May 10 (IANS) A benchmark index of the Indian equities markets was trading flat in afternoon trade Friday.
New Delhi, May 10 (ANI): The Supreme Court will on Friday take up Bollywood actor Sanjay Dutt's plea seeking review of its March 21 judgement upholding his conviction under the Arms Act and sentencing him to five years in jail in 1993 Mumbai serial blasts case.
Bangalore, May 9 (IANS) IT bellwether Wipro Ltd Thursday secured the regulatory approval to transfer equity shares of its promoter group headed by chairman Azim Premji to an independent trust for meeting the 25 percent public shareholding requirement.
Mumbai, May 9 (IANS) A benchmark index of the Indian equities markets Thursday closed 0.26 percent down, breaking a three days of consecutive gains to close below the 20,000-level mark, as traders booked profits ahead of the crucial industrial production and inflation data expected soon.
Mumbai, May 9 (IANS) A benchmark index of the Indian equities markets was rangebound Thursday, trading at around the 20,000 points mark, as gains in IT, realty, power and banking stocks offset losses in healthcare, metal and oil and gas scrips.
Karachi, May 9 (ANI): Under the new PCB constitution, Mohammad Zaka Ashraf has been declared as the first elected PCB chairman for a span of four years, following a Board of Governors (BoG) meeting.
New Delhi, May 9 (ANI): The foreign exchange earnings from tourism increased by 7.5 per cent in April as compared to the same period last year, even though there was no change in the number of foreign tourists.
Mumbai, May 8 (IANS) A benchmark index of the Indian equities markets Wednesday crossed the 20,000-level-mark for the first time in more than three months on the back of sustained buying from foreign institutional investors (FIIs) and positive global cues.
Mumbai, May 8 (IANS) A benchmark index of the Indian equities markets Wednesday crossed the 20,000-level-mark for the first time in more than three months gaining 119.23 points as fast moving consumer goods (FMCG) and bank stocks rallied.
Mumbai, May 8 (IANS) A benchmark index of the Indian equities markets was trading flat in afternoon trade Wednesday following heavy selling pressure in capital goods, banks, automobile, metal and realty stocks.
Kolkata, May 7 (IANS) Maker of iconic Ambassador cars, Hindustan Motors Ltd (HML), owned by the C.K. Birla Group, Tuesday posted a net loss of Rs.1.16 crore in the quarter ended March 31, 2013, as against net profit of Rs.18.01 crore during the same period previous year.
Kolkata, May 7 (IANS) Public sector lender UCO Bank Tuesday registered 80.40 percent slide in its net profit to Rs.59.55 crore for the quarter ended March 31, 2013 from Rs.252.84 crore during the same period in the previous year.
Mumbai, May 7 (IANS) A benchmark index of the Indian equities markets closed Tuesday's trade over one percent up and touched its highest level in the last three months.
Mumbai, May 7 (IANS) A benchmark index of the Indian equities markets was trading nearly half a percent up in afternoon trade Tuesday, following positive international cues and a renewed buying spree by foreign institutional investors (FIIs).
Bangalore, May 6 (IANS) South Indian Bank Ltd, a leading Kerala-based private sector bank, reported net profit of Rs.502 crore for 2012-13, posting 25 percent year-on-year (YoY) growth over previous fiscal at Rs.402 crore.
New Delhi, May 6 (ANI): The Central Government has entrusted the additional charge of the post of member of the Appellate Tribunal for Foreign Exchange to R.P. Tolani, Judicial Member, Income Tax Appellate Tribunal, and U.B.S. Bedi, also Judicial Member, Income Tax Appellate Tribunal.
Abu Dhabi/Mumbai, May 6 (IANS) BSE Institute, a wholly-owned subsidiary of Bombay Stock Exchange (BSE), Monday signed a memorandum of understanding with IBMC Financial Professionals Group of the United Arab Emirates to offer knowledge and skills to professionals and investors, and support the growth of financial markets in that region.
Mumbai, May 6 (IANS) A benchmark index of the Indian equities markets rose 98 points Monday, the highest closing level in almost three months, led by good buying support in metal, IT and technology stocks.
Mumbai, May 6 (ANI): Traders here called for an indefinite strike over imposition of a Local Body Tax (LBT), bringing the business operations to a grinding halt.
Mumbai, May 6 (ANI): The rupee rose by 14 paise to 53.80 against the dollar in early trade at the Interbank Foreign Exchange on Monday on fresh selling of the U.S. currency by exporters, amid sustained foreign capital inflows.
Followers of Islam, the second largest faith in the world with an estimated 1.7 billion believers, can now be surer when an Indian firm stands the pre-requisites for observant Muslims. The Shariah index launched by the Bombay Stock Exchange (BSE) is a new measure in town, assuring compliance with the Islamic canonical law.
Beijing, May 4 (Xinhua-ANI): U.S. stocks continued to rally on Friday, with the S and P 500 closing above the 1,600 milestone level and the Dow hitting 15,000 points for the first time in history, boosted by optimistic U.S. nonfarm payrolls report in April.
Washington, May 4 (IANS) In the wake of the Boston Marathon bombings, the US will tighten oversight to help ensure that foreign students seeking to enter the US have valid student visas, according to various media reports.
Kolkata, May 3 (IANS) Mcleod Russel, the world's largest tea producer, Friday said its Vietnamese subsidiary Phu Ben Tea Company has signed an agreement for purchase of a tea processing factory in the southeast Asian country for $2.75 million.
Mumbai, May 3 (IANS) The Reserve Bank of India (RBI) Friday cut key policy rates by a quarter percent for the third time since January, a move that will help revive economic growth and make auto, housing and other loans cheaper.
Kolkata, May 2 (IANS) DPSC Limited, a power utility arm of Srei Infra Finance Group, Thursday got listed on the MCX Stock Exchange (MCX-SX), the country's latest exchange to start equity trading.
Kolkata, May 2 (IANS) Attacking the opposition over its demand for a CBI probe in the chit fund muddle, West Bengal Chief Minister Mamata Banerjee Thursday accused the central government of inaction against the burgeoning 'Ponzi' firms.
Sydney, May 1 (ANI): New Yahoo chief executive Marissa Mayer's compensation package totals more than 70 million dollars, including her basic pay, performance bonus and restricted stock, according to a regulatory filing with the U.S. Securities and Exchange Commission.
Mumbai, April 30 (IANS) A benchmark index of the Indian equities markets rose 117 points Tuesday, led by a strong rally in FMCG stocks after Hindustan Unilever announced better than expected earnings and its parent firm Unilever said it will raise stake in the company through an open offer.
Kolkata, April 30 (IANS) Dabur India Limited Tuesday reported a 17.62 percent increase in its consolidated net profit to Rs.200.55 crore for the quarter ended March 31, 2013, from Rs.170.51 crore during the corresponding period previous year.
Sydney, Apr. 30 (ANI): Apple has moved towards its first-ever debt issue and is filing documents describing plans for bond sales, which would be used to pay dividends in an effort to stem its stock slide.
Washington, Apr 30 (ANI): Researchers in Sweden have developed a new technique where you can charge your devices anywhere without electricity, provided there is a water source nearby.
New Delhi, Apr. 29 (ANI): President Pranab Mukherjee on Monday said the taxpayer should be seen as an important partner in generating revenue for all our national endeavours.
Mumbai, April 29 (IANS) A benchmark index of the Indian equities markets rose 100 points Monday, led by a strong buying support in FMCG, consumer durables, realty and power stocks, ahead of the Reserve Bank of India's monetary policy review later this week.
Kolkata, April 29 (IANS) Exide Industries, the country's biggest storage battery producing company, Monday reported a meagre 2.76 percent rise in its net profit to Rs.146.46 crore for the quarter ended March 31, 2013 compared to Rs.142.52 crore for the same period a year ago.
Mumbai, April 29 (IANS) Hindustan Unilever, India's largest manufacturer of consumer goods and household products, Monday said its net profit increased 41 percent to Rs.3,796.67 crore for the year ended March 31.
Mumbai, April 29 (IANS) A benchmark index of the Indian equities markets witnessed choppy trading Monday, ahead of the Reserve Bank of India's monetary policy review later this week.
New Delhi, April 29 (ANI): The Finance Ministry has reportedly red-flagged over 250 suspicious banking transactions, most of them related to multi-level marketing schemes.
New Delhi/Mumbai, April 28 (ANI): The Supreme Court of India (SC) is likely to hear a plea of the Securities and Exchange Board of India (SEBI) next week that seeks imposing a restraint order against all administrative, judicial and quasi-judicial authorities across the country from entertaining any plea made by the Sahara Group in connection with their failure to refund Rs.24, 000 crore to investors.
New Delhi, April 27 (IANS) The Securities and Exchange Board of India (SEBI) would be failing in its duty to promote healthy growth of the markets and protect its integrity if it was not stern in dealing with companies and directors indulging in abuse of the market and insider trading, the Supreme Court has said.
Bangalore, April 26 (IANS) India's biotechnology major Biocon Ltd posted consolidated net profit of Rs.509 crore for fiscal 2012-13, registering a whopping 51 percent year-on-year (YoY) growth over previous fiscal (2011-12) at Rs.338 crore.
New Delhi, April 26 (IANS) Two-wheeler major Hero MotoCorp Friday reported a 4.86 percent decline in net profit for the quarter ended March 31, 2013 which stood at Rs.574.23 crore.
Mumbai, April 26 (IANS) India's second largest lender ICICI Bank Friday said its net profit increased 21 percent to Rs.2,304.07 crore for the quarter ended March 31, 2013 on the back of higher earnings from loans.
Sydney, Apr. 26 (ANI): A simple Google search could be as good as a stockbroker in predicting someone's fortune, according to a UK research.
Kolkata, April 25 (IANS) West Bengal's opposition CPI-M Thursday demanded immediate seizure of the assets of Saradha Group, which has gone bust, to return the depositors' hard-earned money.
Mumbai, April 25 (IANS) A benchmark index of the Indian equities markets Thursday closed more than one percent up after interest-sensitive stocks like automobile, banks stocks rallied on expectation of an interest rate cut by central bank early next month.
New Delhi, April 25 (IANS) The corporate affairs ministry Thursday said it would to set up a special task force to investigate the chit fund scam related to Kolkata-based firm Saradha group.
Kolkata, April 25 (IANS) At least 60 fraudulent firms like Saradha Group, which is embroiled in the West Bengal chit fund scanal, are actively operating in the state and may have amassed around Rs.10 lakh crore from unsuspecting depositors, say people in the know.
Mumbai, April 25 (IANS) A day after Jet Airways announced its plans to off-load 24 percent stake to Abu Dhabi-based Etihad Airways for around $379 million (Rs.2,058 crore), its stocks rallied at the Bombay Stock Exchange (BSE).
Mumbai, April 25 (IANS) A benchmark index of the Indian equities markets was trading nearly one percent up in the afternoon trade Thursday after interest sensitive stocks like automobile, banks stocks rallied.
Mumbai, April 24 (IANS) Eight months after the Indian government permitted international airlines to invest in domestic passenger carriers, Jet Airways Wednesday announced a 24 percent stake sale to Abu Dhabi-based Etihad Airways to raise around Rs.2,000 crore ($379 million).
Kolkata, April 24 (IANS) The Left Front Wednesday claimed Saradha Group chief Sudipta Sen's letter to the CBI indicting several high profile political leaders in the chit fund scam was a "fixing, aimed at protecting vested interests".
Mumbai, April 24 (IANS) Eight months after the Indian government permitted international airlines to invest in domestic passenger carriers, Jet Airways Wednesday announced a 24 percent stake sale to Abu Dhabi-based Etihad Airways to raise Rs.2,000 crore ($370.30 million).
Mumbai, April 24 (IANS) Airline major Jet Airways Wednesday said it would seek the approval of its shareholders through an extraordinary general meeting for issuing the company's 2.73 crore equity shares to the Abu Dhabi-based Etihad Airways.
Mumbai, April 24 (IANS) Airline major Jet Airways Wednesday said it would seek the approval of its shareholders through an extraordinary general meeting for issuing the company's 2.73 crore equity shares to the Abu Dhabi-based Etihad Airways.
Kochi, April 24 (IANS) The proposed IPO of MobME Wireless Solutions Ltd., India's first telecom campus start-up, has received in-principle approval from the National Stock Exchange of India Ltd. (NSE), while leading credit rating agency CRISIL has assigned it a grading of 3/5.
Mumbai, April 24 (IANS) Airline major Jet Airways said Wednesday it would seek shareholders' approval through an extraordinary general meeting for issuing the company's equity at Rs.10 per share to the Abu Dhabi-based Etihad Airways.
Mumbai, April 23 (IANS) A benchmark index of the Indian equities markets ended flat in Tuesday's trade after capital goods, consumer durables and bank stocks plummeted.
Mumbai, April 23 (IANS) A benchmark index of the Indian equities markets was trading nearly half a percent down in the afternoon trade Tuesday after banks, capital goods and automobile stocks plummetted.
Mumbai, April 22 (IANS) Videocon Industries Monday announced a significant natural gas discovery in its offshore Rovumal block in Mozambique.
Mumbai, April 22 (IANS) A benchmark index of the Indian equities markets advanced 80 points Monday, on the back of good buying support in banking, consumer durables and capital goods stocks.
Kolkata, April 21 (IANS) Communist Party of India-Marxist (CPI-M) leader Asim Dasgupta Sunday urged the central government to step in and launch a probe by the Central Bureau of Investigation (CBI) into the collapse of chit fund-funded company Saradha Group.
* The National Food Security Bill gives the right to food to around 67 percent of India's 1.2 billion population. It provides five kg grain per person per month - rice @ Rs.3 per kg, wheat @ Rs.2 per kg and coarse grains @ Re.1 per kg. The bill will add Rs.20,000 crore to the current Rs.1 lakh crore food subsidy.
Kolkata, April 20 (IANS) The opposition Congress Saturday accused West Bengal's ruling Trinamool Congress government of having close links with chit fund-funded Saradha Group, which has gone bust, and demanded probe by the CBI and capital market regulator SEBI.
London, Apr 20 (Xinhua-ANI): Fitch Ratings, an international credit rating agency, Friday joined with Moody's in downgrading Britain's triple-A ratings, warning the 2.43-trillion-U.S. dollars economy's sluggish growth and burdensome fiscal austerity plan.The move came shortly after the trading close of London Stock Exchange, of which benchmark index edged up 0.69 percent and snapped a five consecutive day down.
