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Moneycontrol News

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Mphasis Q1 PAT may dip 5% QoQ to Rs. 238 cr: HDFC Securities

BUSINESS

Mphasis Q1 PAT may dip 5% QoQ to Rs. 238 cr: HDFC Securities

Net Sales are expected to increase by 4 percent Q-o-Q (up 18.2 percent Y-o-Y) to Rs. 1,815 crore, according to HDFC Securities.

Karnataka Bank posts highest ever quarterly profit at Rs 163 cr in Q1, up 22%

BUSINESS

Karnataka Bank posts highest ever quarterly profit at Rs 163 cr in Q1, up 22%

Operating profit during the quarter grew by 19.11 percent to Rs 368.88 crore while other income fell 3.95 percent to Rs 208.80 crore compared to year-ago.

Tech Mahindra Q1 PAT may dip 23.7% QoQ to Rs. 933 cr: HDFC Securities

BUSINESS

Tech Mahindra Q1 PAT may dip 23.7% QoQ to Rs. 933 cr: HDFC Securities

Net Sales are expected to increase by 2.1 percent Q-o-Q (up 12.1 percent Y-o-Y) to Rs. 8,225 crore, according to HDFC Securities.

InnoVen Capital India closes 22 transactions, disburses Rs 300 crore in first half of 2018

BUSINESS

InnoVen Capital India closes 22 transactions, disburses Rs 300 crore in first half of 2018

Of the total disbursements in H12018,60 percent was contributed by follow-on funding to existing portfolio companies to support them through their growth journey.

In a Bihar village, Muslims build a temple for their 'Hindu brothers'

INDIA

In a Bihar village, Muslims build a temple for their 'Hindu brothers'

Not only did Muslims in the village donate money, one of them also donated a plot of land for the temple to be built

News in Pics: Your daily dose of pictures from around the world

WORLD

News in Pics: Your daily dose of pictures from around the world

Moneycontrol brings to you select pictures that are making headlines across the globe

Podcast | Sensex ends at record high, Nifty manages to close above 11K; RIL surges 4%

BUSINESS

Podcast | Sensex ends at record high, Nifty manages to close above 11K; RIL surges 4%

The Sensex ended up 282.48 points or 0.78% at 36548.41, while the Nifty was up 74.90 points or 0.68% at 11023.20.

E-commerce firms eye business opportunity in luxury fashion: Report

BUSINESS

E-commerce firms eye business opportunity in luxury fashion: Report

Major companies are pushing premium brand offerings on their platforms

NASA may have discovered, accidentally destroyed organics on Mars in 1976

WORLD

NASA may have discovered, accidentally destroyed organics on Mars in 1976

NASA's twin Viking landers had conducted the first experiments searching for organic matter on the Red Planet in 1976.

Looking for investment ideas as Nifty reclaims 11,000? 10 largecap stocks that may return 22-50%

BUSINESS

Looking for investment ideas as Nifty reclaims 11,000? 10 largecap stocks that may return 22-50%

For a correction to occur, experts state that oil prices have to stay above $80 a barrel and dollar has to increase sharply against the rupee

Gotta catch 'em all! SpaceX unveils 40,000 feet net to recover rocket fairings

WORLD

Gotta catch 'em all! SpaceX unveils 40,000 feet net to recover rocket fairings

SpaceX will now put to test the new-and-improved Mr Steven at the launch of another Iridium-7 Falcon 9 mission on July 25

Sensex ends at record closing high! But stay cautious of these five risk factors

BUSINESS

Sensex ends at record closing high! But stay cautious of these five risk factors

Analysts, list five headwinds that might cap the market's upside over the next 6-12 months

Bankers irked at UIDAI's decision to enlist Deloitte as sole authority for info security audit

INDIA

Bankers irked at UIDAI's decision to enlist Deloitte as sole authority for info security audit

The bankers believe that the costs for the audit are too high and this move has led to monopoly for Deloitte

News highlights: IDBI Bank officers threaten 6-day strike from Monday to protest stake sale to LIC

BUSINESS

News highlights: IDBI Bank officers threaten 6-day strike from Monday to protest stake sale to LIC

This blog will keep track of key global and local developments impacting business and markets through the day. Important local and global political developments will also find resonance here.

Ex-Bangladesh PM Khaleda Zia's British lawyer denied entry into India

INDIA

Ex-Bangladesh PM Khaleda Zia's British lawyer denied entry into India

When the authorities examined Carlile's Indian visa, they found that the purpose of his visit did not correspond to what was mentioned on the visa document

After global survey tags India most unsafe, govt highlights steps taken for women's security

INDIA

After global survey tags India most unsafe, govt highlights steps taken for women's security

Last month, a survey by Thomson Reuters Foundation claimed that India is the world's most dangerous country for women due to high risk of sexual violence and being forced into slave labour

SEBI mulls ‘Snapchat model’ to facilitate listing of Indian startups

BUSINESS

SEBI mulls ‘Snapchat model’ to facilitate listing of Indian startups

A SEBI-appointed committee has discussed the proposal of allowing companies to sell shares with differential voting rights at its first meeting held last week

Elon Musk commits to freeing homes in US city of contaminated water

TRENDS

Elon Musk commits to freeing homes in US city of contaminated water

The US government claims that drinking water in Flint is safe for consumption, however, many residents deny these claims.

Closing Bell: Sensex ends at record high; Nifty manages to close above 11,000

BUSINESS

Closing Bell: Sensex ends at record high; Nifty manages to close above 11,000

The Sensex is up 282.48 points or 0.78% at 36548.41, while the Nifty is up 68.50 points or 0.63% at 11016.80.

3,000 NDRF responders deployed across India for monsoon season: Report

INDIA

3,000 NDRF responders deployed across India for monsoon season: Report

A total of 96 rescue and relief teams have been deployed, out of which 54 teams were pre-positioned in regions vulnerable to flooding.

South Korean political parties set to propose fresh cryptocurrency laws

WORLD

South Korean political parties set to propose fresh cryptocurrency laws

The bills are aimed at regulating cryptocurrencies and blockchain systems in South Korea.

The new Bugatti Divo is all set to take you on a mountain ride

TECHNOLOGY

The new Bugatti Divo is all set to take you on a mountain ride

The new Divo will be built around the Chiron's chassis and 1,479 bhp engine and is built to take on corners.

Chambal Fertilisers down 1% as downstream subsidiary voluntary wind-up its biz

BUSINESS

Chambal Fertilisers down 1% as downstream subsidiary voluntary wind-up its biz

Board of directors of Inuva has approved voluntary winding up under the provisions of Insolvency and Bankruptcy Code, 2016 subject to approval of shareholders and other requisite approvals.

Trent shares jump over 7% to hit record high after Jefferies upgrades to Buy, raises target

BUSINESS

Trent shares jump over 7% to hit record high after Jefferies upgrades to Buy, raises target

The stock price rallied 7.5 percent intraday to hit a fresh record high of Rs 377.60, taking total gains to nearly 22 percent in four consecutive sessions.

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