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Jubilant Life Sciences share price climbs 7% after China removes anti-dumping duty on pyridine imports
BusinessToday.In
November 21, 2019
Ministry of Commerce (MOFCOM), People's Republic of China announced that starting Thursday, the anti-dumping duties on pyridine imports from India and Japan will be withdrawn
DHFL shares fall 5% as RBI takes over company board to initiate insolvency process
BusinessToday.In
November 21, 2019
DHFL is the first Housing Finance Company (HFC) or non-banking finance company (NBFC) to be sent to the bankruptcy court
BPCL, Shipping Corp shares hit fresh 52-week high after Cabinet clears stake sale; CONCOR stock rises 4%
BusinessToday.In
November 21, 2019
The government has given in-principle approval to stake sale of 63.75% in Shipping Corporation, 53.2% stake sale in Bharat Petroleum and 30.8% divestment in Container Corporation
Coffee Day shares rise 5% as private equity firms look to buy stake
BusinessToday.In
November 15, 2019
Coffee Day Enterprises Ltd has reportedly signed non-disclosure agreements with private equity firms KKR, TPG Capital and Bain Capital for initiating discussions on a significant stake sale
Vedanta shares decline over 3% post Q2 earnings
BusinessToday.In
November 14, 2019
Vedanta posted 60% growth in its Q2 consolidated net profit on a yearly basis to Rs 2,158 crore compared to Rs 1,343 crore reported in the corresponding quarter last year
Rupee vs Dollar: Rupee slips 15 paise to 72.24 per dollar tracking negative cues from global markets
PTI
November 14, 2019
At the interbank foreign exchange, the rupee opened marginally higher at 72.05 against the US dollar, before turning negative and dropping 15 paise to 72.24 against its previous close
Yes Bank to raise over Rs 8,400 crore by December, give board representation to new investors
PTI
New Delhi, November 3, 2019
Yes Bank may either go for the two-week average or a six month average while deciding on the price for the share sale, chief executive Ravneet Gill said
Coffee Day Enterprises sells Bengaluru IT park to Blackstone for Rs 2,700 crore, shares climb 5%
BusinessToday.In
September 18, 2019
In a regulatory filing to the exchanges, the Coffee Day Enterprises said that it had signed definitive agreements with Blackstone Group and Bengaluru-based real estate developer Salarpuria Sattva Group for investment in GV Techparks Private Limited, a wholly-owned subsidiary of Tanglin Development Limited (TDL).
CARE downgrades Rana Kapoor-owned Morgan Credits
BusinessToday.In
New Delhi, September 17, 2019
CARE said that the revision in rating takes into account the fall in the stock price of the underlying shares of YES Bank which are held by Morgan Credit Private Limited (MCPL) or promoters and their relatives
Blackstone, Salarpuria Sattva finalise deal to acquire CDEL's tech park for Rs 2,700 crore
BusinessToday.In
September 17, 2019
The sale of Global Village Tech park reportedly involves an initial payment of Rs 2,000 crore in the coming weeks while the remaining Rs 700 crore will be paid within the next one year. This is CDEL's first major divestiture in a bid to pare down its Rs 4,970 crore debt.
Coffee Day Enterprises puts Sical Logistics unit on sale to pare debt
BusinessToday.In
September 9, 2019
This development comes less than a month after CDEL, owner of cafe chain Cafe Coffee Day, sold Global Village Tech Park to Blackstone. The company has been trying to divest its assets to pare its debts since the death of its founder, VG Siddhartha.
Coffee Day Enterprises hits 5% lower circuit as lenders invoke promoters' pledged shares
Chitranjan Kumar
New Delhi, September 4, 2019
According to latest data available with exchange, Edelweiss and Indusind Bank, the lenders to troubled Gonibedu Coffee Estate, invoked entire 5.24 per cent of the CDEL shares, the promoter company had pledged with them
Coffee Day Enterprises shares hit 5% upper circuit on talks of stake sale, reduced debt
BusinessToday.In
New Delhi, August 19, 2019
The Coffee Day Enterprises share has risen for the first time in last three-weeks after the sudden demise of its founder VG Siddhartha; the stock has fallen as much as 68 per cent since July 26, 2019, from Rs 195 to hit an all-time low of Rs 62.95 on August 16
CCD crisis: Ernst & Young to investigate VG Siddhartha's last letter
Rukmini Rao
August 8, 2019
EY will also scrutinise the books of accounts of CDEL and its subsidiaries. The company also announced that it had appointed Malavika Hegde (VG Siddhartha's wife) as an additional member of the executive committee.
HCL Tech stock rises over 5% despite decline in Q1 profit
BusinessToday.In
August 8, 2019
HCL Technologies share price rose in early trade today despite the IT firm reporting 8.26 % year-on-year (YoY) decline in consolidated net profit at Rs 2,230 crore for June quarter. The IT giant's profit fell 12.54 % in Q1 compared to Rs 2,250 crore in the March quarter.
Coffee Day Enterprises share price falls 60%, investors lose Rs 2,167.44 crore in eight sessions
BusinessToday.In
August 8, 2019
Coffee Day Enterprises share price has plummeted 59.73% amid reports founder VG Siddhartha went missing on the evening of July 29.
Voltas Q1 net profit slips 11% to Rs 166.32 crore
PTI
August 7, 2019
Tata Group's air conditioning and engineering services provider Voltas on Wednesday reported 11 per cent decline in consolidated net profit to Rs 166.32 crore for the first quarter ended June 30.
Lupin's Q1 net profit up 49% to Rs 303.05 cr on account of robust sales in India and overseas
PTI
August 7, 2019
Drug firm Lupin on Wednesday reported a 49.46 per cent rise in consolidated net profit to Rs 303.05 crore for the quarter ended June 30, 2019 on account of robust sales in India and overseas.
Mahindra & Mahindra reports 52.6% decline in profit at Rs 894.11 crore
PTI
August 7, 2019
Mahindra & Mahindra on Wednesday reported a 52.56 per cent decline in consolidated profit after tax to Rs 894.11 crore in the first quarter ended June 30, hit by lower vehicle sales.
Coffee Day Enterprises share price falls for 12th straight session, hits historic low of 85.50 level
BusinessToday.In
August 7, 2019
Coffee Day Enterprises share price fell for the 12th straight session in trade on Wednesday since company's MD and Chairman VG Siddhartha went missing on the evening of July 29.
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