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14:34 Trade setup for Tuesday: Top 10 things you should know before Opening Bell

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15:51 Centre bans sale of cattle for slaughter, places restrictions on trade

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00:42 GST rate impact: Here’s how the new tax can carry a greater punch

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  • DLF posts Rs 136 crore Q4 profit

    26 May, 2017 3:55 PM 20

    New Delhi: India's largest realty firm DLF Ltd on Friday reported Rs 135.63 crore consolidated net profit for the March quarter of last fiscal. It had in contrast posted a net loss of Rs 180.54 crore in the same period of the 2015-16 fiscal, according to a regulatory filing by the company. DLF's total income fell to Rs 2,511.37 crore in the fourth quarter

  • Centre bans sale of cattle for slaughter, places restrictions on trade

    26 May, 2017 3:51 PM 18

    The amendment passed by Environment Ministry defines cattle as cows, bulls, bullocks, buffaloes, steers, heifers, calves, and camels. The government on Friday banned the sale of cattle for the purpose of slaughter at animal markets on Thursday in turn creating a difficult situation for farmers and the meat and leather industry. The amendment passed

  • Cleaver falls on sale, purchase of cattle for slaughter

    26 May, 2017 3:33 PM 26

    Buffalo meat traders say ban would hit exports as 90% cattle is purchased from animal markets Animals, including cattle and buffaloes, can only be bought and sold for agriculture purposes. The total meat market is worth around Rs 1,00,000 crore. N G Jayasimha, former member of legal sub-committee of Animal Welfare Board of India, said due to the present

  • Birla Corp Q4 net down 43% to Rs 59 crore

    26 May, 2017 3:28 PM 18

    Birla Corporation Ltd today reported a net profit of Rs 59.15 crore during the fourth quarter ending March 17', down 43 percent over the corresponding period last year profit of Rs 105.54 crore. Birla Corporation Ltd today reported a net profit of Rs 59.15 crore during the fourth quarter ending March 17', down 43 per cent over the corresponding period

  • Indian Hotels Q4 Net dips 54.55 pc to Rs 31.16 cr

    26 May, 2017 3:04 PM 18

    Tata Group hospitality firm Indian Hotels Company today reported a 54.55 percent dip in its standalone net profit to Rs 31.16 crore for the fourth quarter ended March 31, 2017. The company had posted a net profit of Rs 68.57 crore for the corresponding period of the previous fiscal, Indian Hotels Company Ltd (IHCL) said in a filing to BSE. Standalone

  • Cipla shares down 3%; mcap dips Rs 1,003 crore post Q4 results

    26 May, 2017 1:50 PM 21

    New Delhi: Shares of pharma major Cipla on Friday fell by 3 percent after the company reported a consolidated net loss of Rs 61.79 crore for the March quarter. The stock ended at Rs 491.60, down 2.48 percent on BSE. During the day, it lost 4.97 percent to Rs 479. On NSE, shares of the company declined by 2.99 percent to close at Rs 488.90. The company's

  • GST will lead to more organised logistics sector: Icra

    26 May, 2017 1:50 PM 16

    New Delhi: The Goods and Service Tax (GST) rollout is likely to improve the flow of goods on account of reduction in turnaround time as VAT related check posts will be removed. Rating agency ICRA said on Friday. The agency said GST implementation will be a positive development for the road logistics sector. Post GST, a more efficient and organised logistics

  • Audi cuts model prices by up to Rs 10 lakh for limited offer

    26 May, 2017 1:50 PM 23

    New Delhi: German luxury car maker Audi has slashed prices of its models in India by up to Rs 10 lakh till June 30. The company sells a range of cars, ranging from A3 sedan to A8 premium sedan currently priced between Rs 30.5 lakh and Rs 1.15 crore. "As opposed to the market trend, this is not a measure to clear old stock; we are extending the benefits

  • Centre’s ban on sale of cattle for slaughter at animal markets will cripple buffalo trade

    26 May, 2017 1:41 PM 21

    The Centre has banned the sale and purchase of cattle from animal markets for slaughter by notifying a stringent rule under Prevention of Cruelty to Animals Act New Delhi: The environment ministry has notified new rules tightening trade in livestock and transport of cattle to ensure their welfare at animal markets and also prevent smuggling. The rules

  • ONGC reports 6 percent fall in fourth-quarter net profit

    26 May, 2017 1:31 PM 15

    MUMBAI (Reuters) - Oil and Natural Gas Corporation Ltd , India's biggest hydrocarbon explorer, reported a 6 percent fall in fourth-quarter net profit to 43.40 billion rupees ($673 million) hurt by a one-time provision. Analysts on average had expected a profit of 49.91 billion rupees. Total income of 262.34 billion rupees was up almost 30 percent on higher