Evening bulletin: All headlines from corporate world
Here are the key events which made headlines of the day
Here are the key events which made headlines of the day
BSE Sensex closes weak; investors shun realty, cap goodsBenchmark indices drifted lower Wednesday, as buyers chose to await cues from the US Federal Reserve before deciding on the next course of action. Larsen & Toubro Q4: Net down 7%, bonus issue fails to cheerEngineering major Larsen and Toubro's (L&T) net profit for the March quarter fell 6.9 percent year-on-year to Rs 1788 crore, weighed by a steep rise in interest cost. Indian rupee hits near 6-month low; dollar buying continues
The rupee hits a fresh near 6-month low in opening trades. The rupees falls to 55.48 after opening at 55.335, currently at 55.43/44 versus Tuesday close of 55.41/42.Dhanlaxmi Bank plans to raise Rs 100cr to strengthen CARPrivate sector lender Dhanlaxmi Bank will strive to maintain interest and other income at FY13 levels, says MD and CEO PG Jayakumar.Just Dial IPO fully subscribed; QIB supports Just Dial's pubilc issue has fully been subscribed Wednesday, with the support majorly from qualified institutional buyers (QIBs) and retail investors.Bernanke expected to deliver dovish message
Federal Reserve Chairman Ben Bernanke is expected to maintain his dovish tone when he speaks to Congress Wednesday, and he is likely to dispel any notion that the Fed is ready to cut back on its easing policy.Competition Commission looking into Jet-Etihad dealThe Competition Commission of India (CCI) has received an application seeking approval for the proposed Jet-Etihad transaction. "We are looking into the deal," a senior CCI official said.BPCL, IOC seek gasoline after long absenceIndian Oil Corp ( IOC ) and Bharat Petroleum Corp Ltd ( BPCL ) are looking to buy up to 41,000 tonnes of gasoline, after a long absence, to plug a supply gap caused by a plant outage and maintenance that coincides with summer demand, traders said.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!
