Stock Market


Market Wrap: Bear Party shakes India’s stand among EMs

Apr 24 2015

Sensex, Nifty worst performing indices this year as MAT claim on FIIs, rise in crude prices and muted earnings shakes investor sentiment.

Infosys Q4 net up 3.5%; CEO Vishal Sikka feels encouraged

Apr 24 2015

Infosys reported 3.5 per cent growth in consolidated net profit to Rs 3,097 crore for the quarter ended March 31.

Crompton Greaves to sell consumer electronics unit for Rs2k cr

Apr 24 2015

Crompton Greaves said it will sell its consumer electrical business.

BSE, NSE to suspend share trading of non-compliant companies

Apr 24 2015

BSE and NSE have ordered share trading suspension for companies found to be non-compliant to listing agreement clauses.

Market Wrap: Shares slip as Rupee weakens

Apr 23 2015

Government’s assurance of amending Finance Bill to address MAT soothed the nerves of FIIs.

Indian Markets


    33,176.00 509.54   (-1.51 %)

    10,195.15 165.00   (-1.59 %)

Global Markets


Stocks In News



Provident Housing Ltd enters Goa with Adora de Goa an Integrated Resort distric

Project is expected to deliver a Sales Volume of close to Rs 1000 cr over the next 5 years

Group is entering into a management contract with The Park Hotels



Rare Enterprises Buys 3 Cr Shares At Rs 18.37/Sh


Attracts 26 bidders for 51% stake quoting bids between Rs 8000-10,000 Cr

Firms such as ITC, Patanjali Ayurved, Emami Group and Aion Cap are among the bidders

Bidders are bullish on the sector after Govt raise import duties on certain vegetable oils

The govt announced in the budget a hike in import duty to 30-35%

Businessline Reports


TPG Cap and Manipal Health are eyeing controlling stake in the co

Likely to lead to 2 simultaneous open offers leasing to premium offers to attract investors

Will have to buy at least 26% stake through Voluntary open offer as part of takeover code

A 26% shareholding will automatically trigger the mandatory open offer for additional 20%

Business Standard Reports


TRAI issues show-cause notice to co

Seeks details of non-transparent, discriminatory tariffs to consumers

Have to respond till Mar 25

Action to depend on if tariff reported to regulator or not

Notice first one after TRAI issued tariff order on predatory pricing

Economic Times Reports

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