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PTI
New Delhi, July 18, 2018
Total remuneration of Bharti Airtel chairman Sunil Bharti Mittal remained almost flat at about Rs 30.19 crore in 2017-18 compared to the previous year as the company reported the lowest annual profit in a decade at Rs 1,099 crore for the year.


Mail Today Bureau
July 14, 2018
Infosys on Friday posted a lower-than-expected 3.7 per cent rise in net profit for the quarter ended on June 30, 2018, due to a one-off charge related to fair value reduction of Panaya business.


PTI
New Delhi, July 13, 2018
Global rating agency Moody's today said it has downgraded the corporate family rating on Tata Motors due to the weakening credit metrics at Jaguar Land Rover (JLR).


BusinessToday.In
July 11, 2018
The Sensex rose over 26 points to close at 36,265 level, powered by a rally in IT bellwether TCS following better-than-expected quarterly results.The TCS stock rallied 5.47 per cent to its lifetime high of Rs 1,979.60, a day after the country's largest software exporter posted a 23.4 per cent rise in consolidated net profit for the June quarter. The stock also hit its all time high of 1995 level on BSE. TCS, Bajaj Auto and HUL were the top Sensex gainers. Extending its winning run for the fourth day, the 30-share barometer, after opening on a strong footing on optimistic buying by participants, gathered momentum to touch a high of 36,362.However, it shed some ground on profit-booking and slipped to touch a low of 36,169, before finally finishing at 36,265, up by 26.31 points, or 0.07 per cent.The 50-share NSE Nifty too closed at 10,948, up just 1.05 points, or 0.01 per cent, after moving between 10,976 and 10,923.Meanwhile, domestic institutional investors (DIIs) net bought equities to the tune of Rs 293.96 crore, while foreign portfolio investors (FPIs) sold shares worth Rs 20.73 crore on Tuesday , provisional data showed. Market breadth was negative 1045 stocks closing higher compared with 1581 ending in the red on BSE.


BusinessToday.In
New Delhi, July 10, 2018
IT major TCS reported the total revenue of Rs 34,261 crore, which is 6.8 per cent up sequentially and 15.8 per cent compared the corresponding quarter last year. The company's operating margin stood at 25 per cent.


Aseem Thapliyal
July 10, 2018
The market capitalisation of India's second-largest firm in terms of M-cap rose to Rs 6,49,956 crore.  The stock rose amid reports that brokerage Credit Suisse has initiated coverage and gave a target price of Rs 1,180 assigning 'outperform' rating for the share of Mukesh Ambani-owned conglomerate.


BusinessToday.In
July 10, 2018
Once the amendments are finalised by the revenue department, they will be moved to the GST Council for approval. After that, they will be placed before Parliament and state legislatures for amending the GST law.


BusinessToday.In
July 10, 2018
The firm is the first IT bellwether to announce its earnings in the first quarter of this fiscal. Here's a look at how brokerages expect the firm to perform in the June quarter.


BusinessToday.In
July 9, 2018
The brokerage in a note said, \"Voltas currently trades at 23 times FY20E earnings per share. The stock presents an appealing opportunity to add to positions as we expect it to bounce back while we cut estimates and target price (-8.6%), still see 22% upside from current levels (target price Rs 640)\".


PTI
New Delhi, July 7, 2018
The audited results for the March quarter and FY 18 are in line with the unaudited numbers released on June 27. In its unaudited financial numbers, Fortis had reported widening of consolidated net loss to Rs 914.32 crore in Q4 FY18.


Karan Dhar
July 5, 2018
The world's largest producer of polyester fibre is now aiming to connect 50 million homes with its high-speed optic fiber network.


PTI
New Delhi, July 5, 2018
The Delhi High Court today sought the Centre's response to a plea by Vodafone challenging an order that the high court has jurisdiction to entertain a plea against the international arbitration initiated by the company against India in connection with a tax demand of Rs 11,000 crore.


BusinessToday.In
New Delhi, July 5, 2018
Analysts believe that Airtel will widen losses in June quarter due to aggressive pricing by Reliance Jio on both prepaid and postpaid platforms, the sharp decline in rupee against dollar and the cut in international termination rates.


BusinessToday.In
July 5, 2018
The stock opened with a loss of 2.07%. It has been falling for the last three days and lost 6.08% during the period. The stock which closed at 887.40 level yesterday fell 5.74% intra day to 836.40 level in today's trade.


BusinessToday.In
July 5, 2018
VK Sharma, Head Private Client Group & Capital Market Strategy at HDFC Securities said,\" Reliance saw profit booking as the company unveiled its foray into the broad band services known as 'Jio Giga Fiber'.  This is a smart move by the company in a sector that has not seen keen penetration. The stock had risen 6% in the run up to the AGM, so a correction was not out of place.\"


PB Jayakumar
New Delhi, July 5, 2018
The state government hopes that various stakeholders, including banks, project developers and procurers will compromise on their part to revive these plants, which ran into losses.


BusinessToday.In
July 3, 2018
The fall can be attributed to a delay in the announcement of consolidated Q4 and annual earnings of the company.  


PTI
New Delhi, July 1, 2018
Modi said the Goods and Services Tax (GST) has within one year of its launch led to over 70 per cent jump in indirect taxpayer base, demolished check-posts and merged 17 taxes and 23 cesses into one single tax.


PTI
New Delhi, June 27, 2018
The meeting of the board will be held on July 12 and 13 to consider the audited consolidated financial results of the company and its subsidiaries for the quarter ending June 30, 2018, Infosys said in a BSE filing.


BusinessToday.In
New Delhi, June 27, 2018
The total impairment loss for the year was pegged at around Rs 327 crore, including Rs 125 crore on account of FHL's investments in Escorts Heart Institute and Research Center.


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