Aurobindo Pharma announced the launch of Cinacalcet Hydrochloride Tablets (30mg, 60mg and 90mg) at risk in the US market in accordance with the terms of settlement agreement with Amgen Inc. Aurobindo's Cinacalcet Hydrochloride tablets 30mg, 60mg and 90mg is a generic version of Amgen Inc'...read more
Shares of TCS will be watched. On a consolidated basis, TCS reported 0.06% rise in net profit to Rs 8131 crore on 0.43% rise in total income to Rs 38172 crore in Q1 June 2019 over Q4 March 2019. Th...read more
Shares of bank, non-banking financial companies (NBFCs) and housing finance companies (HFCs) will be in focus. The Reserve Bank of India (RBI) announced liquidity easing measures on 5 July 2019 to ...read more
Kalpataru Power Transmission (KPTL) signed a definitive agreement with Tano India Private Equity Fund II (Tano) to acquire 19.94% stake in Shree Shubham Logistics (SSL) for Rs 64.66 crore. The cons...read more
Lupin announced that it has received tentative approval for its Mirabegron Extended Release (ER) Tablets, 25 mg and 50 mg, from the United States Food and Drug Administration (FDA), to market a gen...read more
State Bank of India (SBI) said that the meeting of central board of the bank is scheduled to be held on 1 July 2019 to consider raising additional tier 1 (AT1) capital by way of issuance of Basel-I...read more
SpiceJet announced the launch of eight new non-stop international flights from the country's busiest metros of Mumbai and Delhi. SpiceJet will service Mumbai-Riyadh-Mumbai, Mumbai-Dhaka-Mumbai,...read more
Infosys announced a long term strategic partnership with Toyota Material Handling Europe (TMHE). As IT services partner, Infosys will help TMHE in its digital transformation journey by facilitating...read more
Dr. Reddy's Laboratories informed that the audit of formulations manufacturing plants (Vizag SEZ Plant 1 and Vizag SEZ Plant 2) at Duvvada, Visakhapatnam by the US FDA, has been completed on 21...read more
HDFC Asset Management Company (HDFC AMC) said it has decided to provide a liquidity arrangement to certain fixed maturity plan (FMP) schemes of HDFC Mutual Fund, to deal with the illiquidity faced ...read more
Bharat Heavy Electricals (Bhel)'s said it won two EPC orders for setting up Solar Photovoltaic (SPV) plants with a cumulative capacity of 200 MW. Valued at over Rs 800 crore, the orders have be...read more
Reliance Industries (RIL) and BP announced the sanction of the MJ project (also known as D55) in Block KG D6, offshore the east coast of India. MJ is the third of three new projects in the Block KG...read more
Reliance Industries (RIL) is planning to shut down one of the crude distillation units and coker unit of its DTA refinery at Jamnagar for routine maintenance and inspection activities, for about th...read more
Bharat Forge has entered into a Joint Venture Agreement (JVA) with Refu Electronik GmbH, Germany and its Affiliates / Promoters (REFU) on 6 June 2019. The JVA for incorporating a Joint Venture Comp...read more
Dewan Housing Finance Corporation (DHFL) will be watched. ICRA, CRISIL, CARE Ratings (CARE) and Brickwork Ratings (Brickwork) have downgraded credit ratings on commercial papers of DHFL to 'D&#...read more
On a consolidated basis, Infosys reported 12.88% rise in net profit to Rs 4074 crore on 0.23% rise in total income to Rs 22204 crore in Q4 March 2019 over Q3 December 2018. The announcement was mad...read more
Infosys and Tata Consultancy Services (TCS) will declare their Q4 March 2019 results today, 12 April 2019.
Dewan Housing Finance Corporation (DHFL) will be watched. Brickwork Ratings Indi...read more
Infosys and Tata Consultancy Services (TCS) will declare their Q4 March 2019 results today, 12 April 2019.
Dewan Housing Finance Corporation (DHFL) will be watched. Brickwork Ratings Indi...read more
Wipro announced that its board will consider a proposal for buyback of equity shares at its meeting scheduled on 16 April 2019. The announcement was made after market hours yesterday, 10 April 2019...read more
Cadila Healthcare announced that Zydus Cadila has received the tentative approval from the USFDA to market Tofacitinib tablets (US RLD - Xeljanz Tablets), 5 mg. Tofacitinib is used alone or with ot...read more
Jet Airways announced after market hours yesterday, 25 March 2019, that its board approved conversion of Rs 1 of lenders' debt into equity by the issuance of 11.40 crore equity shares, in accor...read more
TTK Prestige announced that its board will meet on 29 March 2019 to recommend issue of bonus shares, subject to the approval of shareholders. The announcement was made after market hours on Friday,...read more
Bosch has executed a Joint Venture Agreement with Pretti India. Bosch has agreed to subscribe an amount not exceeding Rs 8 crore and Pretti has agreed to subscribe an amount not exceeding Rs 12 cro...read more
DLF announced its second joint venture with Hines. DLF Home Developers (DHDL), a wholly owned subsidiary of DLF, and Green Horizon Trustee, an affiliate of Hines, have entered into a joint venture ...read more
Mindtree said that the meeting of the board of directors of the company is scheduled on 20 March 2019 to consider the proposal to buyback the fully paid-up equity shares of the company. The announc...read more
Tech Mahindra's arm acquired 100% stake in Japan's K-Vision for $1.5 million. The target is engaged in providing network services for mobile communication carriers in Japan. The announcemen...read more
Axis Bank said that its board approved the appointment of Rakesh Makhija, independent director as the non-executive (part-time) chairman of the bank, for three years, with effect from 18 July 2019 ...read more
Biocon said that the USFDA concluded a pre-approval inspection of its insulin drug substance manufacturing facility triggered by a New Drug Application submitted by our insulin AP/customer. The ins...read more
The board of directors of Quick Heal Technologies approved buy-back of up to 63.63 lakh equity shares aggregating up to 9.02% of fully paid-up equity share capital of the company, at Rs 275 per sha...read more
Bharti Airtel said that its board approved raising upto Rs 32,000 crore through rights issue of upto Rs 25,000 crore and perpetual bond with equity credit upto Rs 7000 crore. Rights issue price is ...read more
Bharti Airtel said that its board approved raising upto Rs 32,000 crore through rights issue of upto Rs 25,000 crore and perpetual bond with equity credit upto Rs 7000 crore. Rights issue price is ...read more
Bharti Airtel said that its board approved raising upto Rs 32,000 crore through rights issue of upto Rs 25,000 crore and perpetual bond with equity credit upto Rs 7000 crore. Rights issue price is ...read more
Alembic Pharmaceuticals announced after trading hours yesterday, 12 February 2019, that its wholly-owned step-down subsidiary Orit Laboratories LLC has received approval from the US Food & Drug...read more
Axis Bank will be watched. The Specified Undertaking of the United Trust of India (SUUTI)proposes to sell up to 5.07 crore (1.98%) equity shares of face value of Rs 2 each of Axis Bank on 12 Februa...read more
On a consolidated basis, net profit of Tata Steel rose 54.33% to Rs 1753.07 crore on 22.33% rise in net sales to Rs 40457.11 crore in Q3 December 2018 over Q3 December 2017. The result was announce...read more
HPCL's net profit dropped 87.3% to Rs 247.55 crore on 22.06% rise in total income to Rs 77576.09 crore in Q3 December 2018 over Q3 December 2017. The announcement was made after market hours ye...read more
Coal India said that the company's board of directors has approved the buyback proposal of equity shares not exceeding 4.46 crore equity shares at Rs 235 per share for an aggregate consideratio...read more
Titan Company's consolidated net profit rose 43.49% to Rs 413.19 crore on 35.35% rise in total income to Rs 5934.11 crore in Q3 December 2018 over Q3 December 2017. The result was announced aft...read more
On a consolidated basis, Bharti Airtel's net profit fell 71.81% to Rs 86.20 crore on 0.99% increase in net sales to Rs 20,519.20 crore in Q3 December 2018 over Q3 December 2017. The result was ...read more
On a consolidated basis, net profit of Larsen & Toubro (L&T) rose 37.02% to Rs 2041.62 crore on 24.22% rise in net sales to Rs 35708.87 crore in Q3 December 2018 over Q3 December 2017. The ...read more
On a consolidated basis, Biocon's net profit rose 136.34% to Rs 217.20 crore on 45.65% increase in net sales to Rs 1540.80 crore in Q3 December 2018 over Q3 December 2017. The result was announ...read more
Bharti Infratel's consolidated net profit rose 10.76% to Rs 648.40 crore on 3.03% fall in total income to Rs 1977.20 crore in Q3 December 2018 over Q3 December 2017. The announcement was made a...read more
TCS' consolidated net profit rose 2.58% to Rs 8105 crore on 2.43% rise in total income to Rs 38501 crore in Q3 December 2018 over Q2 September 2018. The result was announced after market hours ...read more
Ashok Leyland confirmed that it bagged orders from IRT (Institute of Road Transport, Chennai), UPSRTC (Uttar Pradesh State Roadways Transport Corporation) and CTU (Chandigarh Transport Undertaking)...read more
Shares of Gruh Finance and Bandhan Bank will be in focus. The board of Gruh Finance at its meeting held on 7 January 2019 has approved a scheme of amalgamation between Gruh Finance (transferor comp...read more
Bharat Heavy Electricals (Bhel) created a new benchmark of successfully commissioning a 800 MW thermal unit within a record time of 46 months. This is a marked improvement over the time taken in co...read more
Power Grid Corporation of India said that its board approved implementation of 500MVAr Thyristor Controlled Reactor at Kurukshetra 400kV bus at an estimated cost of Rs 267.33 crore with commissioni...read more
Tata Power will be watched. Maharashtra Electricity Regulatory Commission (MERC) has allowed Brihanmumbai Electric Supply and Transport Undertaking (BEST) to extend its existing Power Purchase Agre...read more
NMDC announced that its board will meet on 8 January 2019, to consider buyback of the fully paid-up equity shares of the company. The announcement was made after market hours yesterday, 1 January 2...read more
Auto stocks will be in focus as the auto companies will start announcing monthly sales numbers for December 2018 from today, 1 January 2019.
HDFC has increased its retail prime lending ra...read more
Bharti Airtel's board approved sale of up to 59.18 crore equity shares, representing 32% stake of Bharti Infratel owned by the company to its arm Nettle Infrastructure Investments. After the de...read more
Alembic Pharmaceuticals announced that the United States Food and Drug Administration (USFDA) has conducted an inspection at the company's API facility located at Panelav from 17 December 2018 ...read more
Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 11 points at the opening bell.
Overseas, Asian stocks traded mixed Wednesday followin...read more
Biocon will be watched. Ogivri, a biosimilar Trastuzumab jointly developed by Biocon and Mylan, has been approved in the European Union (EU). The announcement was made before market hours today, 19...read more
NMDC revised prices of lump ore at Rs 3,250 per ton and fines ore at Rs 2,860 per month with effect from 13 December 2018. The announcement was made after market hours yesterday, 17 December 2018.<...read more
Bharti Airtel announced that its board will meet on 20 December 2018 to consider various fund raising options for the company as the board may deem appropriate. The announcement was made on Saturda...read more
Indian Oil Corporation's board approved buyback of equity shares of the company not exceeding 29.76 crore equity shares being approximately 3.06% of the total paid up equity share capital of th...read more
Lupin announced that the General Court of the European Union has delivered its judgment concerning Lupin's and other companies appeal against the European Commission's (EC) 2014 decision in...read more
Unichem Laboratories received a tentative approval from the United States food and Drug Administration for its Tadalafil tablets in the strengths of 2.5 mg, 5 mg, 10 mg and 20 mg. ...read more
Titagarh Wagons was awarded a contract for manufacture and supply of 5058 wagons to Indian Railways, the bidding for which was conducted under the reverse auction method. These wagons are BOXN HL t...read more
Indian Oil Corporation said that the meeting of the Board of Directors of the company is scheduled on 13 December 2018 to consider and approve buyback of the fully paid-up equity shares of the comp...read more
HCL Technologies (HCL) said it will acquire select IBM software products for $1.8 billion. The transaction is expected to close by mid-2019, subject to completion of applicable regulatory reviews. ...read more
Tata Communications will be watched. UROS Group, a global innovator in turnkey Internet of Things (IoT) solutions and smart connectivity, is collaborating with Tata Communications, a leading digita...read more
Tata Motors announced that S&P Global Ratings has lowered the credit rating of the company and luxury car unit, Jaguar Land Rover Automotive Plc (JLR), citing weaker profitability at JLR. S&...read more
Reliance Capital reported net profit of Rs 197 crore in Q2 September 2018 as compared with net loss of Rs 417 crore in Q2 September 2017. Total income rose 134.35% to Rs 1003 crore in Q2 September ...read more
Sun Pharmaceutical Industries announced that the company has entered into a definitive agreement to acquire Pola Pharma Inc. (Pola Pharma), a Japanese pharmaceutical company engaged in research and...read more
BEML has been awarded the Letter of Acceptance from DMRC for supply of 378 metro coaches (63 metro trains) to Mumbai Metro Line - 2 & 7 project. The contract is worth about Rs 3015 crore and th...read more
Deepak Fertiliser and Petrochemicals Corporation said that the Income tax team has left the company's offices and normal day-to-day business has resumed fully. The announcement was made after m...read more
HEG said its board will meet on 26 November 2018 to consider the proposal of buyback of the equity shares of the company. The announcement was made after market hours yesterday, 19 November 2018....read more
Lemon Tree Hotels said that the company has signed a License Agreement for a 76 room property located at Bhubaneswar, Odisha under the company's brand 'Lemon Tree Premier'. The hotel is...read more
NHPC board approved buyback of 21.42 crore shares, representing 2.09% equity capital of the company at Rs 28 per share. The company has set 30 November 2018 as record date for buyb...read more
Tata Steel's consolidated net profit jumped 206.18% to Rs 3116.20 crore on 34.82% rise in total income to Rs 44175.53 crore in Q2 September 2018 over Q2 September 2017. The result was announced...read more
Coal India's consolidated net profit jumped 732.73% to Rs 3084.70 crore on 26.28% rise in total income to Rs 24209.33 crore in Q2 September 2018 over Q2 September 2017. The announcement was mad...read more
Titan Company's consolidated net profit rose 8.34% to Rs 301.11 crore on 27.53% rise in total income to Rs 4595.13 crore in Q2 September 2018 over Q2 September 2017. The announcement was made a...read more
Titan Company's consolidated net profit rose 8.34% to Rs 301.11 crore on 27.53% rise in total income to Rs 4595.13 crore in Q2 September 2018 over Q2 September 2017. The announcement was made a...read more
Mphasis announced its acquisition of Stelligent Systems LLC, a technology services company specializing in DevOps automation on Amazon Web Services (AWS). Headquartered in Reston, VA, Stelligent pr...read more
NMDC said that lease deed of Donimalai Iron Ore Mine expired on 3 November 2018. The Karnataka State Government has already extended the lease of Donimalai Mine with effect from 4 November 2018 for...read more
Power Grid Corporation of India's net profit rose 7.9% to Rs 2309.49 crore on 14.2% increase in net sales to Rs 8283.03 crore in Q2 September 2018 over Q2 September 2017. The result was announc...read more
Power Grid Corporation of India's net profit rose 7.9% to Rs 2309.49 crore on 14.2% increase in net sales to Rs 8283.03 crore in Q2 September 2018 over Q2 September 2017. The result was announc...read more
Net profit of Axis Bank rose 82.62% to Rs 789.61 crore on 15.5% rise in total income to Rs 15959.37 crore in Q2 September 2018 over Q2 September 2017. The result was announced after market hours on...read more
Hindustan Petroleum Corporation (HPCL) reported 37.05% fall in net profit to Rs 1091.98 crore on 41.4% rise in total income to Rs 67931.38 crore in Q2 September 2018 over Q2 September 2017. The res...read more
Larsen & Toubro (L&T)'s consolidated net profit rose 28.37% to Rs 2593.41 crore on 21.6% rise in total income to Rs 32800.85 crore in Q2 September 2018 over Q2 September 2017. The resul...read more
ICICI Bank's net profit dropped 55.84% to Rs 908.88 crore on 2.67% fall in total income to Rs 18262.12 crore in Q2 September 2018 over Q2 September 2017. The announcement was made after market ...read more
On a consolidated basis, Wipro's net profit fell 9.94% to Rs 1885.60 crore on 4.03% increase in revenue to Rs 14541 crore in Q2 September 2018 over Q1 June 2018. IT services revenues rose 4.9% ...read more
On a consolidated basis, Adani Ports & Special Economic Zone (APSEZ)'s net profit fell 38.10% to Rs 614.23 crore on 3.63% decline in net sales to Rs 2,608.01 crore in Q2 September 2018 over...read more
Reliance Industries' consolidated net profit rose 17.93% to Rs 9549 crore on 54.11% rise in total income to Rs 144574 crore in Q2 September 2018 over Q2 September 2017. The result was announced...read more
IT major Infosys announced its consolidated results under International Financial Reporting Standards (IFRS) after market hours yesterday, 16 October 2018. On a consolidated basis, Infosys' net...read more
Hero MotoCorp and Infosys will announce Q2 results today, 16 October 2018.
Net profit of South Indian Bank rose 1523.38% to Rs 70.13 crore on 2.08% rise in total income to Rs 1854.40 cror...read more
AAVAS Financiers debuts on the secondary equity market today, 8 October 2018. The company had priced the initial public offer (IPO) at the top end of the Rs 818 to Rs 821 per share price band for t...read more
Shares from interest rate sensitive auto, banking and realty sectors will be in focus ahead of the Reserve Bank of India's (RBI) monetary policy decision today, 5 October 2018. The resolution o...read more
Infosys announced that Infosys Public Services Inc. (IPS) received a CAD $80.3 million contract by Public Services and Procurement Canada (PSPC) to modernize and automate their procurement processe...read more
Tata Steel announced that it has executed definitive agreements for acquisition of the steel business of Usha Martin (UML) through a slump sale on a going concern basis. The closing of the acquisit...read more
RITES said it received additional turnkey contract work worth Rs 436 crore from the Indian Railways. This contract is in addition to existing project for setting up of a wagon workshop at Dalmianag...read more
Infosys announced a definitive agreement to acquire Fluido, the leading salesforce advisor and consulting partner in Nordics and a recognized leader in cloud consulting, implementation and training...read more
Cipla said it received approval for its HIV treatment combination medicine 'TLD' from the South African Health Products Regulatory Authority (SAHPRA). The drug will be manufactured at Cipla...read more
Sun Pharmaceutical Industries said that one of its wholly-owned subsidiaries has agreed to acquire 18.75% stake in Israel-based Tarsius Pharma for $3 million. The company is an early-stage research...read more
Tata Motors subsidiary Jaguar Land Rover (JLR) reported 4.9% fall in total retail sales to 36,629 vehicles in August 2018 over August 2017. Jaguar retail sales were 11,802 vehicles in August, up 7....read more
Mcnally Bharat Engineering Company said it has received one order from NLC India for construction of 544 colony houses and community hall including internal electrification - Phase-I for Talabira I...read more
Persistent Systems announced that its US subsidiary, Persistent Systems Inc., has acquired Herald Technologies Inc. (or Herald Health), a start-up in the US, created to transform the data overload ...read more
Wipro announced that it has won a 10-year engagement to provide a comprehensive suite of solutions and services to Lincolnshire, Illinois-based Alight Solutions LLC, a leader in technology-enabled ...read more
Reliance Infrastructure announced the successful completion of the sale of its 100% shareholding in Integrated Mumbai Power Distribution Business to Adani Transmission. The total transaction value ...read more
