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Apr 18, 2013, 08.03 PM | Source: Moneycontrol.com

Evening bulletin: Top trending news at your fingertips

Here are the top trending news for the day:

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Evening bulletin: Top trending news at your fingertips

Here are the top trending news for the day:

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Here are the top trending headlines for the day:

1- Sensex soars 285 as March trade deficit cheers; banks rally

Equity benchmarks surged Thursday led by strengths in shares from the banking, capital goods and auto sectors, with the Sensex closing above the psychological 19000-mark.

2- JSW Steel to restart mining at Category B mines in few mths

The Supreme Court (SC) on Thursday lifted a one-and-a-half-year old iron ore mining ban in Karnataka. As per the CEC reports, Category B mines will be allowed to restart mining subject to necessary statutory clearances and completion of relief and rehabilitation work is complete.

3- FY13 exports down to $300bn, trade deficit widens to $191bn

In the FY14 annual supplement of Foreign Trade Policy 2009-2014 announced today, commerce minister Anand Sharma said trade deficit had widened to USD 190.91 billion in the fiscal year 2013 versus 183.4 billion in the previous year.

4- Yes Bank Q4 net soars 33% to Rs 362cr on higher NII

Private sector lender Yes Bank's fourth quarter (January-March) net profit rose by forecast beating 33 percent year-on-year to about Rs 360 crore, driven by interest income and other income.

5- SC says ban in Sterlite's bauxite project in Odisha to continue

The Supreme Court has said Sterlite Industries' bauxite mining project in Niyamgiri Hills of Odisha will continue to remain banned until the state gram sabha gives it a go ahead. However, shares of the company did not react much to the news and declined marginally to Rs 89.

6- IndusInd Bank Q4 profit rises 37% to Rs 307cr, shares up 6%

Private sector lender IndusInd Bank  's fourth quarter net profit grew by 37 percent year-on-year — beating analysts’ expectations — to Rs 307 crore, sending shares 6 percent higher.

7- Deal pipeline strong; to hire 45000 employees in FY14: TCS

IT major TCS managed to beat street estimates and declared good set of fourth quarter earnings on Wednesday. The company remains confident to clock better growth in FY14 than FY13 and aims to exceed upper end of industry body Nasscom’s guidance in FY14.

8- Hundreds believed injured in Texas fertilizer plant blast

Hundreds of people were likely injured in a fiery explosion on Wednesday night at a fertilizer plant near Waco, Texas, that damaged or destroyed numerous buildings including a nursing home, authorities said.

By: Team Moneycontrol

 

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