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  • Indian rupee slips 40 paise to 69.03 against dollar

    19 July, 2018 8:41 AM 36

    The rupee weakened by 40 paise to 69.03 against previous close of Rs 68.62, hurt by fresh demand for the American currency from importers. Indian rupee fell further in the afternoon trade as it crossed 69 per dollar mark, currently trading at 69.03. The rupee weakened by 40 paise to 69.03 against previous close of Rs 68.62, hurt by fresh demand for the American

  • Sterlite Technologies down 5% despite better Q1 numbers

    19 July, 2018 8:33 AM 29

    Shares of Sterlite Technologies fell 5.5 percent intraday Thursday despite better numbers declared by the company in the quarter ended June 2018. The company's consolidated Q1FY19 net profit was up 7 percent at Rs 121.71 crore against Rs 112.42 crore in Q4FY18. Revenue of the company rose 3.5 percent at Rs 877 crore against Rs 847 crore. Operating profit

  • Named ‘highest paid actor’ by Forbes

    19 July, 2018 8:26 AM 31

    Forbes has named Hollywood actor Dwayne ‘The Rock’ Johnson the highest paid actor in the world. He has become one of Hollywood’s most bankable star, by earning double the money than what he earned in 2017. His earning at $124 million last year was the largest ever recorded on the Forbes celebrity list. However, the journey to this number started

  • Noise pollution: Music band owner among 4 get judicial custody

    19 July, 2018 8:20 AM 34

    The court remanded them in custody yesterday for the incident that took place in Satana on Sunday.The accused were identified as brass band owner Rajendra Chalvade and three band members Vishwas Mali, Ajay Ahire and Praveen Sonawane. A court in Satana in Nashik district has remanded a music band owner and three of its members in seven days judicial custody

  • G20 industry groups press governments to defend free trade

    19 July, 2018 8:20 AM 70

    A self-styled "Global Business Coalition" of industry groups has urged the Group of 20 leading economies to counter threats to global free trade. US President Donald Trump is taking a more aggressive, protectionist posture on trade than his recent predecessors that has sparked retaliatory measures from the European Union, Mexico and Canada. The business

  • Ahead of no-trust vote, Speaker accepts resignation of Jay Panda

    19 July, 2018 7:00 AM 40

    The effective strength of Lok Sabha has reduced to 533 with two more seats falling vacant, sources in Parliament said today, after Speaker Sumitra Mahajan accepted BJD MP Baijayant Jay Panda's resignation and Jose K Mani of Kerala Congress (M) was nominated to Rajya Sabha. Mani quit the lower house after being nominated to Rajya Sabha. The developments

  • DB Corp Q1 net falls 11% to Rs 97 cr

    19 July, 2018 6:49 AM 69

    Media firm DB Corp today reported 11.39 per cent decline in consolidated net profit to Rs 97.56 crore for the first quarter of the current fiscal. The company, which publishes Dainik Bhaskar newspaper, had posted a net profit of Rs 110.11 crore during the April-June period of last fiscal. DB Corp attributed the fall in profit to forex loss of Rs 3.1 crore

  • GHCL declines 4% as Q1 profit down to Rs 62 crore

    19 July, 2018 5:50 AM 40

    Revenue was up by 1 percent to Rs 757 crore against to Rs 748 crore. Share price of Gujarat Heavy Chemicals (GHCL) declined 4.5 percent intraday Thursday on the back of poor June quarter numbers. The company's June quarter (Q1FY19) profit was down 18 percent at Rs 62 crore against profit of Rs 76 crore in last year. At 11:15 hrs Gujarat Heavy Chemicals

  • Check out Insider Trading transaction for 16 July 2018; Kwality, Transport Corp in focus

    19 July, 2018 3:45 AM 19

    The report is compiled from data received from Prima Database Man Infraconstruction : Vatsal Parag Shah from the promoter group has bought 6500 shares through market purchase on July 16. Kwality: Sidhant Gupta from the Directors & Relatives group has bought 20,36,255 shares through market purchase from period 12 July – 16 July. Sadbhav Infrastructure

  • Congress, BJP spar over cancellation of visits by PM Modi, Rahul Gandhi

    19 July, 2018 3:15 AM 35

    The ruling BJP and opposition Congress sparred over the flood-like situation in Gujarat, questioning cancellation of visits by each other's top leaders due to heavy rains. While senior Congress leader Shaktisinh Gohil questioned the postponement of Prime Minister Narendra Modi's Gujarat visit on July 20, BJP's Bharat Pandya pointed out that Congress