Reliance Power Q1 net profit up at Rs 237 cr

Reliance Power (RPower) on Saturday posted a 3 per cent rise in its net profit at Rs 237 crore for the first quarter ended June, the company said in... Read more »

Equity indices in green as government seen winning trust vote

The key Indian equity indices traded on a positive note on Friday afternoon riding on the Central government’s confidence of winning the trust vote in Parliament, analysts said. According... Read more »

IDBI Bank to seek government nod for LIC’s stake purchase

State-run IDBI Bank on Tuesday said it will seek rgw central government’s nod on the Life Insurance Corp’s (LIC) proposal to acquire 51 per cent stake in the debt-ridden... Read more »

A repo platform boost for corporate bonds

The National Stock Exchange and the Bombay Stock Exchange have launched electronic platforms for tripartite repurchase agreements (repo) in corporate bonds, which is expected to improve the liquidity of,... Read more »

Mukesh Ambani re-appointed RIL Managing Director

Shareholders of Reliance Industries (RIL) have re-appointed Mukesh D Ambani as the company’s Managing Director for a period of five years commencing from April 19, 2019. According to a... Read more »

BSE to delist over 220 firms from Wednesday

Stock exchange major BSE will delist over 220 firms from its platform from Wednesday. According to the BSE, stocks of 210 companies that have remained suspended for more than... Read more »

Global cues, weak rupee subdue equities

Negative global cues, including rising crude oil prices and the escalating trade war concerns along with a weak Indian rupee, pulled the domestic equity indices deep into the red... Read more »

Equity indices end flat on mixed global cues; FMCG stocks rise

The key Indian equity indices ended volatile trade on Tuesday on a flat note, tracking mixed global markets. Although the indices had opened in the red, they pared their... Read more »

Markets depressed over uncertainty on formation of Karnataka government

Uncertainty over government-formation in Karnataka, along with weak global cues, suppressed the key Indian equity indices on Wednesday afternoon. No party achieved a clear majority in the election results... Read more »

Equities rise marginally tracking global cues

The key Indian equity indices traded marginally higher on Tuesday afternoon following broadly positive cues in the global markets. Heavy selling pressure on the capital goods and consumer durables... Read more »