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Bombay Stock Exchange (BSE)

BSE Q2 profit surges 3-fold to Rs 346 crore

BSE Q2 profit surges 3-fold to Rs 346 crore

Tue, Nov 12, 2024

The bourse's total revenues increased over two-fold to Rs 819 crore in the July-September period of the current financial year (FY25) from Rs 367 crore in the year-ago period.

NSE, BSE say functioning normal; not impacted by Microsoft outage

NSE, BSE say functioning normal; not impacted by Microsoft outage

Fri, Jul 19, 2024

Microsoft users globally, several in India, have reported massive outages in services, with outage tracking website Downdetector showing users flagging disruptions across various services.

GST meeting outcome, Fed policy report key triggers to drive markets next week

GST meeting outcome, Fed policy report key triggers to drive markets next week

Sun, Jun 23, 2024

As per Arvinder Singh Nanda, Senior Vice President, of Master Capital Services Ltd., the outlook for the market will be guided by the major domestic and global economic data.

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Digestive Biscuit dispute: ITC filed case against Britannia

Digestive Biscuit dispute: ITC filed case against Britannia

Fri, Aug 26, 2016

ITC's sunfeast farmlite digestive packaging claims 'No added sugar, maida' and that it contains 'fibre'. While Britannia's NutriChoice Digestive too has similar branding slogans which says '0 per cent added sugar, maida' and contains 'high fibre'. These two products are priced also at same price.

Monsato India shares fall 2.37% on withdrawal of GM cotton seed application

Monsato India shares fall 2.37% on withdrawal of GM cotton seed application

Thu, Aug 25, 2016

Monsanto India shares have plunged by neary Rs 58 or 2.37% to Rs 2379, after the company pulls new GM cotton seed from India. After the announcement, the stock took a beating from investor so much so it is trading below Rs 2400-mark.

More US retailers probing Welspun India over alleged phony Egyptian cotton

More US retailers probing Welspun India over alleged phony Egyptian cotton

Thu, Aug 25, 2016

US retailer Bed Bath & Beyond on Wednesday said it ordered an external audit of textiles from Welspun India, after Target Corp last week accused the Indian manufacturer of passing off cheap sheets as premium Egyptian cotton for two years.

Digestive Biscuit dilemma: Britannia shares up by 3% while ITC trades flat

Digestive Biscuit dilemma: Britannia shares up by 3% while ITC trades flat

Wed, Aug 24, 2016

ITC's sunfeast farmlite digestive packaging claims 'No added sugar, maida' and that it contains 'fibre'. While Britannia's NutriChoice Digestive too has similar branding slogans which says '0 per cent added sugar, maida' and contains 'high fibre'. These two products are priced also at same price.

Target Corp shock: Welspun India trades at 13-month low

Target Corp shock: Welspun India trades at 13-month low

Wed, Aug 24, 2016

Welspun India's share took a beatin after Minneapolis-based Target Corp, one of Welspun India's largest customers, cut ties with the company, accusing it of using lower quality cotton for making bedsheets between August 2014 and July 2016.

Aurobindo Pharma shares up over 6% on strong Q1 earnings

Aurobindo Pharma shares up over 6% on strong Q1 earnings

Wed, Aug 24, 2016

The shares of Aurobindo Pharma were trading over 6% on the BSE on Wednesday a day after the company reported a 23.81% growth in its consolidated net profit at Rs 584.96 crore for the quarter-ended June 30, 2016.

Investors cheer Tech Mahindra on approval for acquiring Target Group

Investors cheer Tech Mahindra on approval for acquiring Target Group

Wed, Aug 24, 2016

Tech Mahindra in a statement said,"The United Kingdom's financial conduct authorit (FCA) has confirmed that it has formally approved the acquisition of Target Group - a financial services outsourcing and software provider."

Sensex ends little higher at 0.02% ahead of Janet Yellen speech

Sensex ends little higher at 0.02% ahead of Janet Yellen speech

Tue, Aug 23, 2016

Indian shares closed little changed on Tuesday as investors were cautious ahead of US Federal Reserve Chair Janet Yellen's speech later this week at the gathering of central bankers in Jackson Hole, Wyoming, for further cues on US interest rates.

Are Vodafone - Idea Cellular in 'exploratory' merger talks?

Are Vodafone - Idea Cellular in 'exploratory' merger talks?

Tue, Aug 23, 2016

Vodafone India is in 'exploratory' talks with its domestic rival Idea Cellular, according to a CNBC TV18 report. The shares of Idea Cellular surged over 6.72% to Rs 100.80 after the news. Nearly 94,600 shares have been exchanged on BSE index.

Tata Power Q1 net profit declines by 76% on adoption of Ind-As; shares down by 3%

Tata Power Q1 net profit declines by 76% on adoption of Ind-As; shares down by 3%

Tue, Aug 23, 2016

Tata Power - India's largest integrated power company reported consolidated net profit of Rs 72.49 crore for quarter ended June, 2016, witnessing decline of 76.08% from Rs 303.14 crore in the corresponding period of the previous year.

Birla Corp shares fall 3% after Reliance Cement acquisition

Birla Corp shares fall 3% after Reliance Cement acquisition

Tue, Aug 23, 2016

"Birla Corp's expansion potential will also be significantly enhanced by valuable mineral concessions in several states, in addition to Madhya Pradesh," the company said in a statement about the deal.

Rupee recovers by 7 paise to 67.12 against dollar in early trade

Rupee recovers by 7 paise to 67.12 against dollar in early trade

Tue, Aug 23, 2016

Besides, the dollar's weakness against some currencies overseas supported the rupee but early losses in the domestic equity market restricted gains, dealers said.

Urban India to gain from Gail-Bloom Energy partnership; shares up 2%

Urban India to gain from Gail-Bloom Energy partnership; shares up 2%

Tue, Aug 23, 2016

Minister of State for petroleum and natural gas, Dharmendra Pradhan said,"The biggest beneficiary of this MoU will be urban India as it will significantly decrease pollution caused by back up power."

Urjit Patel fails to bring cheer to markets; end down 90 points

Urjit Patel fails to bring cheer to markets; end down 90 points

Mon, Aug 22, 2016

Indian shares fell on Monday as state-owned lenders retreated after Urjit Patel was named as the next central bank governor, which was seen as reducing the prospect of rate cuts in the near term and as continuing a push to aggressively clean up bad debt.

NTPC's net profit rises by 4%; shares down

NTPC's net profit rises by 4%; shares down

Mon, Aug 22, 2016

NTPC reported net profit of Rs 2369.53 crore for June quarter ended 2016 (Q1FY17), witnessing a rise of 4.08% from Rs 2276.50 crore in the corresponding period of the previous year.

Welspun India shares bleed by 20% after Target Corp accuses over cotton supply

Welspun India shares bleed by 20% after Target Corp accuses over cotton supply

Mon, Aug 22, 2016

"We have initiated immediate actions to investigate the root cause. We are appointing external auditor (one of the Big Four) to audit our suply systems and processos. This is an issue of highest priority for us and we will take all necessary steps to dissolve it," Welspun India said in the statement.

Lupin shares fall 2% despite receiving approval for Acotiamide tablets

Lupin shares fall 2% despite receiving approval for Acotiamide tablets

Mon, Aug 22, 2016

Naresh Gupta, President, Lupin Limited said “We have a rich legacy of having introduced novel treatments to address unmet medical needs in the country. I am sure that the approval of Acotiamide would go a long way in addressing an otherwise common but unmet medical need for a safe and effective drug for the management of dyspepsia.”

Investors discount new RBI Governor announcement; indices weak

Investors discount new RBI Governor announcement; indices weak

Mon, Aug 22, 2016

The government picked RBI deputy governor Urijit Patel as the new Reserve Bank of India (RBI) governor to replace Raghuram Rajan when he steps down from office on September 4.

Coal India workers to go on nationwide strike on September 2

Coal India workers to go on nationwide strike on September 2

Sat, Aug 20, 2016

Coal India workers will go on a nationwide strike on September 2 to mark their protest against further divestment and strategic sale in the sector.

Investors give thumbs up to SBI and associates; Mysore loses 10%

Investors give thumbs up to SBI and associates; Mysore loses 10%

Fri, Aug 19, 2016

After this merger, SBI's asset base would increase by Rs 37 lakh crore which is 5 times higher than ICICI Bank which has asset base of Rs 7.15 lakh crore.

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