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Mail Today Bureau
August 22, 2018
Department of Investment and Public Asset Management has written a letter to ONGC stating that a listing would also help unlock value in the unit by improving its corporate governance and efficiency.


BusinessToday.In
August 21, 2018
Bharti Airtel had added nearly 36 million customers in May following the integration of its recently acquired Telenor India operation with itself.  Mukesh Ambani-owned Reliance Jio led the subscriber addition tally by gaining 9.71 million subscribers in June followed by Idea Cellular, which added 6.36 million customers.


BusinessToday.In
August 20, 2018
The stock which closed at 1240.30 level on Friday rose up to 6.01% intra day  to 1319.65 level in trade today.  The stock was the top gainer on Sensex and Nifty and opened with a gain of 4.81%.


BusinessToday.In
New Delhi, August 17, 2018
Gross NPAs have exceeded Rs 8.5 lakh crore, up 19% year-on-year, while total provision for NPAs jumped 28% (y-o-y) to Rs 51,500 crore.


Aseem Thapliyal
August 16, 2018
The stock has grown 561 per cent from Rs 98.30 on August 16, 2013 to Rs 640 on August 16, 2018. The Sensex has doubled during the same period. Meanwhile, its listed peers PC Jewellers and Titan Company rose 127% and 283.44%, respectively, during the last five years.


BusinessToday.In
August 14, 2018
The Sensex recovered by 207 points to 37,852, taking comfort from positive inflation numbers coupled with emergence of buying by domestic institutional investors.The Nifty too rose 80 points to close at 11,435. Besides strengthening rupee, encouraging earnings by some blue-chip firms including Tata Steel and Sun Pharma also helped in building positive sentiments, brokers said.The Sensex had lost 379.47 points in the previous two sessions.Sun Pharma (6.91%), YES Bank (2.87%) and ICICI Bank (2.17%) were the top Sensex gainers. The Sun Pharma stock rose after the firm reported a consolidated net profit of Rs 982.51 crore for the quarter ended June 30, 2018 compared with net loss of Rs 424.92 crore for the corresponding period of 2017-18.Tata Steel stock also gained in the Sensex list, surging 1.70 per cent after the company said its consolidated net profit jumped more than two-folds to Rs 1,933 crore in the April-June quarter of 2018-19 compared to Rs 921 crore during the same period a year ago.Meanwhile, the rupee closed at 69.90 level against the dollar compared with Monday's close of 69.93.Intra day, the currency fell past the key 70 level to hit a fresh all time low of 70.08. Market breadth was marginally negative with 1302 stocks closing higher compared with 1390 ending in the red on BSE.


BusinessToday.In
August 14, 2018
The Sun Pharma stock closed 6.91% or 38.90 points higher to 601 level on the BSE today. The stock which closed at 562 level yesterday rose 46 points or 8.05% to an intra day high of 608 level on the BSE.


BusinessToday.In
August 14, 2018
At 9:36 am, the stock was trading 1.59% higher at 578 level on the BSE. The stock rose 3.13% to hit an intra day high of 587 level.  The stock has gained after two days of consecutive fall and opened with a gain of 2.60% at 584 level. 


BusinessToday.In
August 13, 2018
Last week, Future Retail posted a 3.56 per cent rise in net profit at Rs 153.12 crore for the quarter ended June 30, 2018. According to a regulatory filing by Future Retail, total income during the April-June quarter stood at Rs 4,541.94 crore.


PTI
August 12, 2018
Indian Oil in a regulatory filing said that its net income increased to Rs 1,52,377 crore during April-June quarter of the 2018-19, from Rs 1,32,234 crore in the year-ago period.


PTI
August 11, 2018
The net income of Coal India rose 17 per cent to Rs 25,470.86 crore during the quarter under review from Rs 21,774.42 crore in the year-ago period. Expenses remained higher at Rs 19,383.99 crore as against Rs 17,837.17 crore in April-June 2017.


Rajeev Dubey
August 11, 2018
'No' says Jet Airways emphatically. But with mounting losses, negative net worth of Rs 7,100 crore and liabilities well in excess of assets, it may be very, very close.


Aprajita Sharma
August 10, 2018
The airline on Thursday informed stock exchanges that the audit committee has refused to approve company's June quarter results.


BusinessToday.In
August 10, 2018
Hindalco Industries Ltd reported profit after tax (PAT) of Rs 414 crore for the first quarter (Q1) of this fiscal, up 43 per cent against Rs 290 crore in the corresponding period last year.


BusinessToday.In
August 10, 2018
The stock closed at 316.45 level yesterday. Gross non-performing assets (NPAs) fell to Rs 2,12,840 crore in the June quarter this year compared to Rs 2,23,427 crore in the March quarter of last fiscal.


BusinessToday.In
New Delhi, August 10, 2018
The State Bank of India reported a loss of Rs 4,876 crore in the June quarter on account of lower trading income and significant mark-to-market losses due to hardening of bond yields, as well as rising provisions.


BusinessToday.In
New Delhi, August 9, 2018
In addition to Rs 11,000 crore bailout package, the govt may give the board of directors additional powers to take decisions on operational issues.


BusinessToday.In
August 9, 2018
The stock rose 8.5% intra day to Rs 345.85, its highest level since February 2018. It was the top  Sensex, Nifty gainer today. It has gained 14.89% during the last one year and 6.42% since the beginning of this year.


BusinessToday.In
August 9, 2018
At 1:00 pm, the Sensex was trading 128 points higher at 38,015 level. Meanwhile, the Nifty was trading 18 points higher at 11,468 level. It hit all-time high of 11,495 level in early trade. While the Sensex has gained 11.67% since the beginning of this year, Nifty rose 9% during the same period this year.


BusinessToday.In
New Delhi, August 8, 2018
While the Sensex closed 221 points higher at 37,887, the Nifty gained 60 points to close at the 11,450 level. Market heavyweight Reliance Industries added 35 points to close at 1217.


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