Sensex falls for 4th day on profit booking, weak global cues
May 01, 2014 at 04:52 | Source:
The Bombay Stock Exchange benchmark index Sensex pared early gains to close down by 48 points due to profit booking in bluechips in a volatile trade, extending losses for the fourth day in a row.Stock markets had opened on a strong note with the 30-...
Airtel tariff hike hint
May 01, 2014 at 03:42 | Source:
Calcutta Telegraph News
New Delhi, April 30: Bharti Airtel today said it would continue to cut back on discounts and freebies on call rates and consider raising tariffs. “Our strategy is to cut discounted minutes as we continue to focus on raising net realisation. We...
Bharti Airtel vs Idea:How they fared in Q4
Apr 30, 2014 at 15:57 | Source:
Shares in Bharti Airtel rose as much as 2.5 per cent to Rs 343.60 on Wednesday after India's largest telecom operator reported a rise in profits for a second successive quarter. Bharti Airtel shares have rallied from Rs 300 to current levels ...
Bharti Airtel may raise call rates says CEO
Apr 30, 2014 at 15:57 | Source:
The country's largest telecom operator Bharti Airtel today said it will continue to cut discounted minutes and may raise tariffs to meet rising costs. "I think we will continue to see an opportunity to raise voice realisation through...
Sensex jumps over 200 points after 3-day fall; Top ten stocks in focus
Apr 30, 2014 at 10:46 | Source:
NEW DELHI: The S&P BSE Sensex rallied over 200 points in trade on Wednesday after falling for three-days in a row. The 50-share Nifty index also managed to reclaim its crucial psychological level of 6750 in trade today. The rally on the benchmark in...
Bharti Airtel rallies over 2% as Q4 net profit beat Street estimates
Apr 30, 2014 at 10:06 | Source:
NEW DELHI: Bharti Airtel Ltd rallied as much as 2.2 per cent in morning trade on Wednesday, a day after the telecom operator reported 89 per cent YoY jump in its fourth-quarter consolidated net profit. India's biggest mobile-phone company posted a n...
Sensex snaps three-day fall; RIL, Tata Motors, ITC top gainers
Apr 30, 2014 at 09:51 | Source:
NEW DELHI: The S&P BSE Sensex snapped its three day fall in early morning trade on Wednesday, supported by gains in Reliance Industries, Tata Motors, ITC and Bharti Airtel. Tracking the momentum, the 50-share Nifty index also started on a positive n...
Ten stocks in focus in Wednesday morning trade
Apr 30, 2014 at 08:21 | Source:
NEW DELHI: Indian markets are expected to trade in a range on Wednesday following mixed trend seen in other Asian markets. "The selling pressure continued for the third consecutive day today. The Nifty has closed below the crucial support of the 20-...
Bharti Airtel Q4 net profit surges by 89% to Rs 962 crore, meets estimates
Apr 29, 2014 at 16:51 | Source:
NEW DELHI: Bharti Airtel, India's top mobile phone operator, posted an 89% jump in its fourth quarter net profit, driven by growth in its voice and data businesses, but still missed estimates because of one-time items like integration costs and tax p...
Sensex cracks over 100 points; Top ten stocks in focus
Apr 29, 2014 at 10:46 | Source:
NEW DELHI: The S&P BSE Sensex crashed as much as 161 points in trade on Tuesday, led by losses in ICICI Bank, HDFC Bank, ITC and Tata Steel. Following the momentum, the 50-share Nifty index also slipped below its crucial psychological support level ...
Bharti Airtel Q4 net seen rising 65% sequentially to
Apr 29, 2014 at 10:00 | Source:
Bharti Airtel's fourth quarter profit is expected to rise 65 per cent quarter-on-quarter (q-o-q) to Rs 1006 crore according to brokers polled by NDTV. India's biggest mobile carrier is expected to post a 1.7 per cent q-o-q jump in rev...
Indices may see profit-booking with eye on earnings: Analysts
Apr 27, 2014 at 11:56 | Source:
NEW DELHI: Stock markets could witness profit-booking and the next batch of January-March quarterly earnings will continue to influence the near-term trend on the bourses during a holiday-shortened week ahead, say experts. Stock markets will remain c...
Low rain forecast washes out some gains; Sensex off new peak
Apr 26, 2014 at 15:22 | Source:
The benchmark S P BSE Sensex fell from historic high due to tail-end selling from operators following forecast of below normal monsoon this year but still ended the shortened week up 59 points at 22,688.The BSE and NSE were closed on April 24 on acc...
LIC sells shares worth Rs 6,300 cr in Sensex firms
Apr 24, 2014 at 19:57 | Source:
State-owned life insurer LIC lowered its exposure in 15 blue-chip firms during the January- March quarter with sale of shares that are currently worth over Rs 6,300 crore.At the same time, LIC increased stake in 12 Sensex firms by purchasing shares ...
LIC sells shares worth Rs 6,300 crore in Sensex companies
Apr 24, 2014 at 15:51 | Source:
NEW DELHI: State-owned life insurer LIC lowered its exposure in 15 blue-chip firms during the January- March quarter with sale of shares that are currently worth over Rs 6,300 crore. At the same time, LIC increased stake in 12 Sensex firms by purchas...