The long term trajectory of the market will remain towards an upward trend.
For the entire 2015-16, the firm's net profit rose to Rs 85.06 crore from Rs 75.95 crore in 2014-15. Revenues were higher at Rs 2,270 crore from Rs 2,209 crore during the same period.
Here are stocks likely to be in focus in the trade today.
The funding would allow the Cornell University project to scale up its work promoting a more nutrition-sensitive food system aimed at bolstering the diet of the rural poor, particularly for women and children, a release said on Thursday.
GEPL Capital is bullish on Transport Corporation of India (TCI) and has recommended buy rating on the stock with a target price of Rs 341, in its research report dated January 22, 2015.
According to Ashish Chugh, Investment Analyst, one may prefer Transport Corporation of India (TCI), which is available at very reasonable valuations.
The Children's Investment Fund Management (TCI), a UK-based investor has nearly 19 pct of its Coal India stake, says sources.
S Narsing Rao, CMD of Coal India, is optimistic that issues with NTPC on the quality of coal can be sorted out.
Never before has India seen a David versus Goliath battle of this nature. In classic terms, its shareholders versus the company promoter and management.
After months of threatening to do so, The Children Investment (TCI) finally moved the Delhi HC this week against Coal India and the govt. TCI has been crying foul ever since the government had directed Coal India to roll back a price hike in January.
Delhi High Court has admitted UK-based The Children's Investment Fund (TCI's) plea against Coal India and the govt of India issuing notices to both Coal India and the coal ministry.
After threatening to do so for over two months, the UK-based The Children‘s Investment Fund (TCI) has finally moved the Delhi High Court against Coal India and the govt.
Country's largest coal producer Coal India has introduced a one-time offer that allows power utilities to lift the fuel directly from mines.
UK-based The Children's Investment Fund (TCI) today warned Coal India Ltd (CIL) of legal recourse if the PSU failed to meet June-end deadline to set FSA coal price at market level.
UK-based hedge fund TCI, which has alleged violation of international treaties related to its investments in Coal India, today said it was "no closer" to resolving the issues with the Indian government and could end up in arbitration.
Defending the move to force Coal India to sign agreements to supply coal to power companies, Coal Minister Sriprakash Jaiswal today said the government's priority was to ensure availability of electricity at cheaper rate and it will not be cowed down by threats of legal action by minority shareholder TCI.
China's ZTE Corp, which recently sold Iran's largest telecommunications firm a powerful surveillance system, later agreed to ship to Iran millions of dollars worth of embargoed US computer equipment, documents show.
Sources tell CNBC-TV18 that TCI wants to take the government of India to the international court on the issue of coal FSAs.
TCI will launch a legal action against Coal India (CIL). The company has instructed its lawyers Luthra & Luthra to begin legal process against CIL, reports CNBC-TV18.
CNBC-TV18 caught up with HP Ranina, corporate tax lawyer and Sandeep Parekh, founder of FinSec Law Advisors for their comments on TCI’s case against Coal India and the government.
The decision to get Coal India (CIL) to hike long-term fuel supply pacts to as high as 80% with the power sector has been opposed by all the independent non-executive directors on the board, reports CNBC-TV18.
If TCI is unhappy, it can sell off its stake in Coal India. That's the response from coal secretary Alok Perti.
Activist UK fund The Children's Investment Fund Management (TCI) threatened legal action against Coal India's directors for not protecting minority shareholder interests, underlining investor dissatisfaction with state-run Indian companies.
Leading integrated supply chain and logistics solutions provider Transport Corporation of India (TCI) today said it is eyeing up to 20% growth in revenue this fiscal and is planning to invest Rs 100 crore for expansion.
Vineet Aggarwal, ED of TCI, in an interview with CNBC-TV18’s Elaan Dutta, gave his perspective of the fourth quarter performance and their divulged future plans.