Bandhan Bank's provisions for bad loans during the quarter rose to Rs 800.2 crore, compared to Rs 556.4 crore in the same quarter last year. In the quarter ended March, the bank had made provisions of Rs 1,090.8 crore.
Oil and Natural Gas Corporation (ONGC) wants its interest to be clubbed with the 51 percent government stake that is already on offer for sale.
Idea and Vodafone are likely to pay Rs 7,268 crore spectrum dues to the department of telecommunication (DoT) ‘under protest’ in a few weeks, sources told CNBC-TV18.
KR Choksey expects Bajaj Finance's AUM to grow 35 percent YoY, owing to the company's dominant position in the consumer finance segment.
The company’s revenue fell 7 percent at Rs 542.4 crore against Rs 584 crore on a year on year basis.
The Vinyl flooring and cloth rexine manufacturing company's first quarter profit increased 5.6 times to Rs 16.3 crore, backed by operational performance.
The company reported 31 percent jump in its Q1FY19 (April- June) at Rs 325.88 crore against Rs 248.25 crore in the same quarter last fiscal.
IndiGo's domestic market share in June increased to 41.3 percent compared to 40.9 percent in previous month.
Brent crude oil prices corrected sharply from its recent 3-1/2-year high of $80.50 hit last month.
This is part of the bank's Rs 24,000 crore fundraising plan that was approved by the board of directors in December.
HDFC AMC aims to raise Rs 2,787.60-2,800.33 crore through the public issue, of which Rs 945 crore will go to promoter HDFC and the rest funds to Standard Life.
Infugem uses a proprietary technology which allows cytotoxic oncology products to be premixed in a sterile environment and supplied to the prescribers in RTA infusion bags.
Revenue from operations grew by 46.8 percent year-on-year to Rs 6,250 crore with realisations at Rs 14.83 lakh per unit against Rs 14.88 lakh per unit in year-ago.
The stock touched an intraday high of Rs 16.07 and an intraday low of Rs 15.44.
Of the Rs 11,336 crore, Rs 2,816 crore will be infused in PNB, Rs 2,157 crore in IOB, Rs 2,019 crore in Andhra Bank, Rs 2,555 in Corporation Bank, and Rs 1,790 crore in Allahabad Bank.
UltraTech Cement | Bandhan Bank | Mindtree | NIIT Technologies | HDFC | IDBI Bank | Punjab National Bank | Indian Overseas Bank | Andhra Bank | Corporation Bank | Allahabad Bank | Zee Entertainment Enterprises | Sintex Industries | 5paisa Capital | HDFC Bank | Tejas Networks | Kridhan Infra | PNC Infratech and Vibrant Global Capital are stocks, which are in news today.
Magma Fincorp was trading with volumes of 2,605,199 shares, compared to its five day average of 6,924 shares, an increase of 37,527.81 percent. Rajasthan Cylinders and Containers was trading with volumes of 229,030 shares, compared to its five day average of 1,234 shares, an increase of 18,456.96 percent.
275 stocks have hit fresh 52-week low including Aban Offshore, ACC, Ambuja Cements, Andhra Bank, Bank of India, DEN Networks, Federal Bank, GIC Housing Finance, HCC, India Cements, Kwality, NBCC, NMDC, PC Jeweller, PTC India and REC among others.
Media report said insurance behemoth LIC may go for an open offer for the bank after buying 51 percent stake in it.
Realisations were stable despite higher discounts and raw material costs.
The company trades at steep discount, despite similar growth profile and strong balance sheet, HSBC added.
The broking house expect Q1FY19 to see stellar performance. GST inclusion and aggressive bidding in the CGD auction are positive triggers.
Provisions for bad loans were lower by 46.4 percent quarter-on-quarter and 15.77 percent year-on-year to Rs 199.1 crore for the quarter ended June.
Oil prices fell for a second day on Tuesday as worries about possible disruptions to supply eased and as investors focused on potential damage to global growth from the festering Sino-US trade spat.
The company has received in principle approval from Department of Commerce, Ministry of Commerce & Industry, Government of India for conceptualizing, designing & construction of India Pavilion at World Expo-2020 to be held in Dubai from Oct-2020 to Apr-2021.