Bombay Stock Exchange (BSE)

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.

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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.

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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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L&T's construction arm wins orders worth Rs 1926 crore; shares down ahead of Q2

Tue, Nov 22, 2016

The company received a major order from Odisha Power Transmission Corporation Ltd. (OPTCL) for operating in five circles of the WESCO utility area in Odisha. For the same, it also bagged order from Madhyanchal Vidyut Vitaran Nigam Ltd. (MVVNL), Lucknow in three tehsils of Unnao district in the state of Uttar Pradesh.

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Positive global cues lift Indian equity markets

Tue, Nov 22, 2016

Broadly positive Asian markets, along with higher global crude oil prices and value buying pushed the Indian equity markets higher during the early morning trade session on Tuesday.

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Market review: Equities plunge as foreign investors take flight on demonetisation

Sat, Nov 19, 2016

Massive outflow of foreign funds, along with rupee depreciation and political bickering over the government`s recent demonetisation move, plunged the key Indian equity markets by around 2.50 % during the just-concluded week.

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India Cement's Q2 net profit rises by 62% to Rs 62 crore

Sat, Nov 19, 2016

Cement manufacturer - India Cements reported net profit of Rs 62.41 crore for the second quarter September 30, 2016, registering growth of 62.10% year-on-year (yoy) and 41.90% quarter-on-quarter (qoq). 

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LafargeHolcim increases stake in ACC, Ambuja Cement; shares slump

Wed, Nov 16, 2016

On August 12, 2016, Ambuja Cement acquired stake in ACC. The deal involved Ambuja Cement issuing 58.4 crore shares worth Rs 11,200 crore  to the Swiss parent, which would take its stake up to 61.39% from the current 50%. It also acquired 50.1% stake of Holcim in ACC.

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Indian market ends in red; Tata Motors tanks by 10%

Tue, Nov 15, 2016

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Sun Pharma Q2 net profit rises by 90%; India sales up by 11%

Fri, Nov 11, 2016

Pharma-giant Sun Pharma reported consolidated net profit of Rs 2471.11 crore for the second quarter September 30, 2016, recording robust rise of 90.20% year-on-year (yoy) and 8.96% quarter-on-quarter (qoq).

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Cipla Quality Chemical Industries plans to enter IPO market

Fri, Nov 11, 2016

Cipla said," Certain shareholders may consider selling down part or all of their stake to enable sufficient free float and liquidity.The Cipla group intends to continue holding the majority of stake and control in the subsidiary."

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Sensex falls 700 points, Nifty spirals below 2%

Fri, Nov 11, 2016

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Indian market regain losses; Pharma stock cheers on Trump win

Wed, Nov 09, 2016

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Debit Card Fraud: ICICI Bank denies breach within its network

Tue, Nov 08, 2016

Assuring its customer, ICICI Bank added," Nevertheless the bank has taken steps to preserve the interests of its customers and continues to pursue the matter for enabling effective remediation through authorized channels.

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BHEL shares rally as net profit rises to Rs 109 crore

Tue, Nov 08, 2016

Bharat Heavy Electrical Limited (BHEL) witnessed a net profit of Rs 109 crore for the second quarter ended September 30, 2016 as against a net loss of Rs 108.78 crore in the corresponding period of the previous year. Net profit grew 40.15% on a quarter-on-quarter (qoq) basis.  

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Bharat Forge net profit declines by 26%; export market to remain sluggish

Tue, Nov 08, 2016

BN Kalyani, Chairman & Managing Director of Bharat Forge said, “We are starting to witness demand in global markets slowly turn positive once again. This has allowed BFL to offset sudden decline in domestic CV market and improve profitability on a sequential basis.”

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Sensex, Nifty gain on D-Street; Sun Pharma top loser

Tue, Nov 08, 2016

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HDFC Banks cut MCLR by 15 basis points

Mon, Nov 07, 2016

Indian banks are needed to revise MCLR rate monthly by taking in account factors like the repo rate and other borrowing rates. 

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Q2 Review: Here's what analysts expect from ICICI Bank

Mon, Nov 07, 2016

While Kotak Institutional Equities in one of its reports said, “Performance of ICICI Bank will be keenly watched as analyst expects slippage ratio to further decline from 1QFY16 levels as key portfolios have already taken a fair bit of pain.”

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PNB Housing Finance surges 14% on market debut

Mon, Nov 07, 2016

Shares of PNB Housing Finance was trading at Rs 880 on BSE, soaring by 13.55% from its issue price of IPO.

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Global cues depress Indian equity markets

Sat, Nov 05, 2016

The negative global sentiments dragged the key domestic indices lower -- by more than 2% each -- even as positive domestic cues such as the Goods and Services Tax (GST) Council`s consensus on the rate slabs and healthy macro-data failed to uplift investors` sentiments.

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Pharma stocks fall sharply as US drug pricing investigation nears completion

Fri, Nov 04, 2016

Media reports suggest that the US Congress investigation into price hikes, that began in October 2014, may be nearing completion, culminating into charges of price collusion against companies / individuals by the year end. 

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SUUTI sells 1.63% stake in L&T for Rs 2100 crore

Fri, Nov 04, 2016

Neeraj Kumar Gupta, secretary for Department of Investment and Public Asset Management, in New Delhi told reporters that the government had offered 1.5% of its stake in the company to investors but got offers for 1.63% stake. 

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