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15 January, 2019 11:17 AM Sensex soars over 460 points, Nifty regains 10,800

Drop in inflation raised hopes of monetary easing. New Delhi: Markets posted strong gains with both the Sensex and Nifty closing above 1.30 percent as lower inflation figures gave way to expectations of an ease in the monetary policy by the Reserve Bank of India in its February policy review. The BSE Sensex jumped 464.77 points or 1.30 percent to 36,318.33 while 193

15 January, 2019 8:15 AM R Systems International rises 6% on as board approves buyback proposal

The company board approved proposal for buyback of equity shares of the company. Share price of R Systems International rose 6.6 percent intraday Tuesday after company board approved buyback of shares. The company board in its meeting held on January 15 approved proposal for buyback of equity shares of the company upto 36,90,000 at a price of Rs 65 per equity 182

12 January, 2019 1:17 PM IDFC Bank re-named IDFC First Bank

IDFC Bank and non-banking financial company Capital First had announced completion of their merger on December 18. Private sector lender IDFC Bank said its name has been changed to IDFC First Bank Ltd with effect from Saturday. "...the name of the Bank has been changed from IDFC Bank Ltd to 'IDFC First Bank Limited' with effect from January 12, 2019 by virtue 155

12 January, 2019 1:14 PM Suraj Standalone December 2018 Net Sales at Rs 42.44 crore, down 7.34% Y-o-Y

Net Sales at Rs 42.44 crore in December 2018 down 7.34% from Rs. 45.80 crore in December 2017. Quarterly Net Profit at Rs. 0.43 crore in December 2018 up 174.04% from Rs. 0.16 crore in December 2017. EBITDA stands at Rs. 4.11 crore in December 2018 up 0.74% from Rs. 4.08 crore in December 2017. Suraj EPS has increased to Rs. 0.22 in December 2018 from Rs. 0.07 in December 132

11 January, 2019 4:09 AM HFCL gains nearly 6% on orders win worth Rs 502 crore

Shares of Himachal Futuristic Communication (HFCL) gained 5.8 percent intraday Friday after company won orders worth Rs 502 crore. The company has received the purchase orders worth Rs 502.73 crore approximately from Larsen & Toubro and a consortium led by ITI for creating OFC Network Infrastructure under BharatNet Phase-II project in Andhra Pradesh 186

11 January, 2019 4:01 AM Tata Motors gains despite weak JLR sales numbers

JLR said it will cut 4,500 jobs worldwide, hurt by slowing China sales and uncertainty in the UK after Brexit. Shares of Tata Motors rose over 1 percent in early trade despite reporting weak Jaguar Land Rover (JLR) sales in 2018. JLR said it will cut 4,500 jobs worldwide, hurt by slowing China sales and uncertainty in the UK after Brexit. The stock 109

10 January, 2019 9:36 AM Maruti Suzuki hikes vehicle prices by up to Rs 10,000

New Delhi: Maruti Suzuki India (MSI) Thursday said it has increased prices of its select models by up to Rs 10,000 with immediate effect to offset adverse impact of increase in commodity prices and foreign exchange rates. "The price change varies across models and ranges up to Rs 10,000 (ex-showroom, Delhi)," MSI said in a statement. While most of the company's 160

10 January, 2019 8:53 AM D-Street Buzz: Nifty Auto continues to roll led by Tata Motors; Axis Bank down 2%, media gains

Astral Poly Technik, Bata India, Maharashtra Scooters, PVR, Torrent Pharma and Info Edge (India) have hit new 52-week high in this afternoon session. Sensex as well as the Nifty continued to trade lower in this Thursday afternoon session with the Nifty50 down 20 points, trading at 10,835 while the Sensex shed 27 points and was trading at 36,185. Bank Nifty 158

10 January, 2019 5:28 AM Public Enterprises Survey 2017-18: Major highlights of CPSEs performance

Check out the major highlights of the performance of CPSEs. New Delhi: The Public Enterprises Survey 2017-18 on the performance of Central Public Sector Enterprises, was tabled in both the Houses of Parliament last month. The Survey, brought out by the Department of Public Enterprises, Ministry of Heavy Industries and Public Enterprises said that there 175

10 January, 2019 4:19 AM AGC Networks surges 8% as co completes acquisition of Black Box Corp

Company subsidiary completed the acquisition of Black Box Corporation. Shares of AGC Networks surged 8.5 percent intraday Thursday after company subsidiary completed the acquisition of Black Box Corporation, a leading digital solutions provider in the US. The combination with Black Box will substantially strengthen AGC’s presence and offerings to 25 plus countries 156