Evening Wrap: Here's what all made headlines today
Here are the key events which made headlines today
Here are the key events which made headlines today:
BSE Sensex ends flat; ABB, JM Financial big moversIndian shares closed flat on the final day of the week, which otherwise showed a stellar performance led by huge rally in banking, realty, pharma, auto and capital goods stocks. Heidelberg's Q1 net down 81% on higher depreciation costHeidelberg Cement 's first quarter (January-March) net profit dropped 80.7 percent year-on-year to Rs 2.2 crore due to sharp jump in depreciation cost, sending shares two percent lower.CCI examines Eithad deal, Jet Air shares downJet Airways’ shares closed the day at Rs 590.95, down 2.44 percent on reports that the Competition Commission of India (CCI) is likely to examine the recent deal it announced with Abu-Dhabi’s Etihad. Vikram Pandit, Hari Aiyar to buy stake in JM FinancialThe former chief executive officer of Citigroup Inc Vikram Pandit and Hari Aiyar will each buy 1.5 percent stake in JM Financial through warrants, the financial service group today announced. ITC Q4 net rises 19%; non-cigarette FMCG biz breaks evenIndia's largest cigarettes company ITC beat street expectations on Friday as fourth quarter net profit rose 19 percent year-on-year to Rs 1,928 crore, helped especially by strong growth in the other FMCG and agri businesses.Farewell to David Beckham, footballerEven as he announced his retirement at the age of 38, four years after his 115th and last cap, David Beckham probably scoured Roy Hodgson's latest England squad for his name, proudly and defiantly "available for selection" to the end.HPCL shuts CDU unit after fire at Visakhapatnam refineryA fire broke out late on Thursday at state-run refiner Hindustan Petroleum Corp 's Visakhapatnam refinery on the east coast, said officials at the unit.By: Team Moneycontrol Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
