Nifty ends flat, holds on 10,400-level despite volatility

Mar 13 2018

The broader NSE Nifty ended on a flat note after a volatile trade amid sluggish global cues ahead of US inflation data due today.

Hindalco Industries Q2 profit drops 11 percent to Rs 392 cr

Nov 03 2017

The standalone revenue from operations during the quarter increased to Rs 10,308.2 crore.

Coal scam: Court to hear Hindalco's case on May 23

Feb 22 2016

Supreme Court has stayed summons against former Prime Minister Manmohan Singh, industrialist Kumar Mangalam Birla and others.

Govt notifies PMKKKY, miners to pay 30% of royalty to DMF

Sep 17 2015

The objective of PMKKKY scheme will be to implement various developmental and welfare projects and programmes in mining affected areas

Miners to pay extra 30% royalty to DMF, shares fall

Sep 14 2015

While India Inc wanted a lower rate, states wanted a higher contribution to the District Mineral Fund (DMF).

Government raises Rs 12,591 crore from auction of three coal mines

Mar 07 2015

The Government's kitty has swelled by Rs 12,591 crore with the sale of three mines to Hindalco, Jindal Power and Indrajit Power.

Indian Markets


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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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