The auditors have indicated that there are inconsistencies in product pricing with market rates and unsupported and back-dated transactions recorded in the company's balance sheet.
Wipro | Lupin | Castrol India | Coal India | Unitech | Bayer Cropscience | Allcargo Logistics | Tata Communications | Corporation Bank | PTC India | Torrent Power | Majesco and Redington India are stocks, which are in the news today.
SBI | PNB | HUL | Tata Power | Alok Industries | SREI Infrastructure | Uniply Industries | Dolphin Offshore | Jubilant Life | Emami | Idea Cellular | Manpasand Beverages | Golden Tobacco and Cupid are stocks, which are in the news today.
Ricoh India, a subsidiary of Japanese major Ricoh, is likely to hold a board meeting on May 17 to consider and publish earnings for September quarter of FY16.
Here are a few stocks picked up by CNBC-TV18's analysts to keep on your radar for trade today- SKS Microfinance, Sun Pharma, Orient Cement, Nucleus Software, Nelco, Carborundum Universal, Federal Bank, JSPL, Hexaware Tech, Bharat Forge, Ricoh India, Dewan Housing & Just Dial.
SGX Nifty was up 0.50 percent at 7:30 am, whereas all other Asian markets were in red. Shanghai composite was down 3 points while the Hang Seng was trading 0.21 percent lower than its previous close.
The troubled company hasn't been reporting financial results for the last two quarters. BSE, however, did say trading won't be suspended if it could comply with regulations by May 20.
Reliance Industries | Larsen & Toubro | Bharti Airtel | Cairn India | ONGC | Tata Power | Indian Overseas Bank | UCO Bank | Equitas Holdings | GVK Power | Vakrangee | Simplex Castings | Persistent Systems | International Paper | Sadbhav Infra | Sasken Communications | M&M Financial Services and Mahindra CIE are stocks, which are in the news today.
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today. We have Tata Power, Ipca Labarotories, Reliance Infrastructure, BHEL, JSPL, Sagar Cement, Rajshree Sugar and Ricoh India.
SP Tulsian, sptulsian.com in an interview to CNBC-TV18 shared his views on why is not so upbeat on Ashoka Buildcon and why he is positive on India Cements, Kesoram Cement, Century Textile, some other cement stocks plus sugar and tea stocks.
With no communication from new auditors or the parent company Ricoh Japan (holding 73.6 percent in the Indian subsidiary), domestic shareholders are trapped with no visible exit route.
Here are stocks likely to be in the limelight
"Manoj Kumar has resigned from the board of directors of the company with effect from April 2, 2016. He had been asked to go on leave on the March 29, 2016, by the decision of the board of directors," the company said in a BSE filing.
Strides Shasun | Bharti Airtel | Idea Cellular | Jyoti Structures | NTPC | Gallant Ispat | Ricoh India | IFCI | JSPL and Motilal Oswal are stocks, which are in the news today.
Here are stocks likely to be in focus in the trade today.
Sun Pharma | Bharat Electronics | Tata Steel | Jindal Steel & Power | Videocon | Arihant Superstructures | PNC Infratech | Ceat | Allahabad Bank | Central Bank of India | Rallis India | Unity Infra | Suzlon Energy | Piramal Enterprises | Majesco | Zee Entertainment and Adani Transmission are stocks, which are in the news today.
Cadila Healthcare | Edelweiss Financial | Triveni Engineering | Kilburn Engineering | Navin Fluorine | Alok Industries | Adani Transmission | Shree Renuka Sugars | Kalpataru Power | Texmaco Infra | HOEC | Gallant Ispat | GVK | Tata Motors | IDBI Bank | Mahaan Foods and PNB Gilts are stocks, which are in the news today.
Newest private sector lender IDFC Bank would replace printing and IT solutions firm Ricoh India BSE's S&P 500 index, from March 28.
Here are stocks that are likely to be in the news.
GVK | GMR Infrastructure | Lanco Infratech | Aurobindo Pharma | Cummins India | DHFL | ONGC | BHEL | Torrent Power | Torrent Pharma | Adani Enterprises | SKS Microfinance | Mphasis and IDBI Bank are stocks, which are in the news today.
Leading bourse BSE will shift five companies to the restricted trading category from next week for not complying with regulatory disclosure norms.
Manoj Kumar, MD and CEO of Ricoh tells CNBC-TV18 the hardware installation will take place right away but the whole order will take 5 years to execute as it involves maintenance and services as well
The company said it has also planned investments of about Rs 300 crore over the next one or two years for expanding its data centres.
Ricoh India had set up the data centre in Kolkata in 2013 which was a flagship facility for providing innovative cloud services to its customers.
Majority of the company's revenue comes from products, solutions and services. The company also produces digital cameras and specialised industrial products.