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Indian Super League to hold domestic player draft on July 22-23

Jul 18, 2014 at 19:54 | Source: FirstPost

Mumbai: The first player draft to pick domestic footballers by the eight Indian Super League (ISL) franchise teams is to be held here next week."The draft, to be done on the lines of Major League Soccer of US, to pick the Indian players would be...

Positive vibes about results

Jul 14, 2014 at 05:37 | Source: Calcutta Telegraph News

Mumbai, July 13: Companies are expected to report higher profits and improved margins in the first quarter, signalling that they may be on the road to recovery. A sign of the things to come was evident last week in the form of Infosys’s better...

Budget 2014 Live: Correction or no correction in market post budget, this is time to buy equities

Jul 10, 2014 at 10:39 | Source: FirstPost

10:38 am Correction or no correction, this is time to buy equitiesRamdeo Agarwal of Motilal Oswal is of the opinion that the market is likely to have a shallow correction if the Union Budget is in line with the Railway Budget. He, however, said that ...

Markets Live: India Inc expects Modi sarkaar to scrap retrospective law in Budget

Jul 10, 2014 at 08:33 | Source: FirstPost

8:30 am The Economic Survey, unveiled on Wednesday, called for tough measures to shore up public finances and reduce inflation, reinforcing hopes that Prime Minister Narendra Modi and Finance Minister Arun Jaitley will deliver a non-populist, prudent...

Hero plant in Colombia

Jul 09, 2014 at 00:02 | Source: Calcutta Telegraph News

New Delhi, July 7: Hero MotoCorp is setting up a manufacturing facility in Colombia as it seeks to expand to 50 countries by 2020. The company, which has formed a wholly owned subsidiary in the country, plans to cater to the South American market th...

June bike sales on fast track

Jul 03, 2014 at 03:57 | Source: Calcutta Telegraph News

New Delhi, July 2: The domestic two-wheeler market continued to grow in June. Hero MotoCorp, the country’s largest two-wheeler manufacturer, today reported a 7.82 per cent rise in sales at 5,41,594 units in June against 5,02,279 units in the s...

Hero MotoCorp Posts 8 Per Cent Rise in June Sales

Jul 02, 2014 at 18:00 | Source: NDTV Profit

New Delhi: Hero MotoCorp, India's largest maker of motorcycles and scooters, on Tuesday said its June sales rose 8 per cent from a year earlier to 541,594 units. The company had sold 502,279 units in June 2013. Since its 2011 split from Japan...

Pre-budget booster: Excise duty cut on automobiles, consumer durables capital goods extended

Jun 26, 2014 at 13:02 | Source: Economic Times

NEW DELHI | MUMBAI: The government brought some prebudget cheer to automobile, capital goods and consumer durables manufacturers on Wednesday. It extended excise duty cuts, otherwise set to expire June-end, by six months to December 31, which means ...

Sensex down 57 points on decline in oil, gas stocks

Jun 26, 2014 at 10:39 | Source: FirstPost

Mumbai: The benchmark BSE Sensex fell over 57 points in early trade on Thursday on decline in oil and gas stocks after the government postponed revision in natural gas prices by three months amid June expiry in the derivatives segment.The 30-share ba...

India Inc's IT spends look north; to touch $47 billion

Jun 25, 2014 at 06:37 | Source: Economic Times

BANGALORE: Hero MotoCorp's Chief Information Officer Vijay Sethi has an extremely busy year ahead. The company is spending a substantial portion of its IT budget on expanding its existing IT infrastructure along with increasing investments in social ...

Hero date for Brazil kick-off

Jun 14, 2014 at 19:22 | Source: Calcutta Telegraph News

New Delhi, June 13: Hero MotoCorp is planning to enter Brazil and the US markets within the next two years and is on the lookout for a partner in the South American country. The country’s largest two-wheeler maker plans to enter Brazil by 2016...

Sensex down by 348 points; metal, gas stocks slump

Jun 13, 2014 at 18:39 | Source: FirstPost

Mumbai: A benchmark index of Indian equities markets Friday fell 348.04 points or 1.36 percent in risk-averse trade. Bank, metal and gas and capital goods lost the most.The market's early morning gains were eroded as major gainers like capital goods ...

Hero Motocorp's profit kicks into high gear

Jun 04, 2014 at 04:57 | Source: Economic Times

After reporting a fall in earnings for two straight years, top two-wheeler manufacturer Hero MotoCorp is likely to report a jump in earnings this financial year, helped by a probable rebound in volume growth and expiry of royalty payment to Honda. A...

Anil Dua quits Hero MotoCorp; to pursue career abroad

Jun 03, 2014 at 13:07 | Source: Economic Times

NEW DELHI: Hero MotoCorp, the world's biggest two-wheeler maker, on Monday said its sales and marketing head Anil Dua has resigned as he wants to pursue opportunities outside the company. Dua is widely credited with helping Hero retain its leadershi...

Hero MotoCorp Q4 net down 3.4 per cent at Rs 554.43 crore

May 29, 2014 at 04:22 | Source: Economic Times

NEW DELHI: Hero MotoCorp, country's largest two-wheeler maker, today reported 3.44 per cent decline in its standalone net profit for the fourth quarter ended March 31, 2014 at Rs 554.43 crore. The company had reported a standalone net profit of Rs 5...

Weekly roundup: Markets make merry on Modi magic; Sensex tops 25,000 mark

May 18, 2014 at 02:12 | Source: Business Today

A thumping victory for Narendra Modi-led BJP in the Lok Sabha polls, which ushers in prospects of a stable Government at the Centre and economic reforms, electrified the markets with the S P BSE benchmark Sensex hitting 25,000 mark for the first tim...

2014 Lok Sabha elections: Top Sensex movers and shakers as BJP set to get majority

May 16, 2014 at 14:11 | Source: Economic Times

MUMBAI - The rally on the S&P BSE Sensex has just begun and with expected $40-50 billion inflows in the Indian market, the benchmark is expected to rally a few thousand points in next couple of months. The people verdict in the 16th Lok Sabha electio...

Sensex closes shy of 24,000 level on exit polls forecast

May 14, 2014 at 04:22 | Source: Business Today

Photo: PTI The benchmark Sensex on Tuesday crossed 24,000 level for the first time and ended at a new closing peak of 23,871.23, recording gains of 320 points after exit polls showed the BJP-led NDA is projected to form the next government.The NSE N...

Markets make new record; Sensex hits 24,000; closes 320 points up

May 13, 2014 at 16:21 | Source: Economic Times

MUMBAI: The bull-run in the Indian market continued and the benchmark hit record highs after exit polls predicted a comfortable majority for the NDA to form a government after Lok Sabha elections. The Nifty soared for the 4th day in row and Nifty clo...

Sensex @ record high; over 200 stocks hit 52-week high on BSE

May 13, 2014 at 16:21 | Source: Economic Times

NEW DELHI: The S&P BSE Sensex closed 320 points higher to a fresh record closing high on Tuesday, supported by gains in power, capital goods, consumer durable, oil & gas and power stocks. Tracking the momentum, as much as 216 stocks rose to their fre...

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