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IOC Q1 FY2026 Results: Strong Profit Growth Amid Mixed Revenue Trends
Business, Market News, Markets - June 4, 2019

IOC to evaluate repercussions of US sanction’s on CPCL expansion

Indian Oil Corporation Ltd (IOC) is trying to assess the repercussions of Iran's investment in their subsidiary Chennai Petroleum Corporation Ltd (CPCL) expansion projects worth of Rs. 35,700 crores. CPCL's...
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Equity Right
Business, Market News, Markets - June 4, 2019

Another whammy! Now CRISIL downgrades DHFL commercial papers

Dewan Housing Finance Corporations (DHFL) has been facing difficulties since a long time now and recently another black cloud was formed on it. CRISIL, a credit rating agency, downgraded the...
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24% Tariffs: Japan Faces Economic Shockwaves
Business, Market News, Markets - June 3, 2019

Not investor's pasand. Stock hammered by 50% due to GST fraud

Shares of Manpasand Beverages were locked at the lower circuit limit of Rs 48.85 on 3rd June 2019. The plunge experienced was almost 50%. This was after the arrest of...
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Adani carmichael coal project recieves nod after coalition party emerges victorious
Business, Market News, Markets - June 3, 2019

Adani carmichael coal project recieves nod after coalition party emerges victorious

The Adani group receives a nod from the state of Queensland, Australia for the company's management plan to protect the endangered bird. The approval is one of the two permits...
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Tobacco industry braces for impact as Dr. Harshvardhan takes over
Business, Market News, Markets - June 3, 2019

Tobacco industry braces for impact as Dr. Harsh Vardhan takes over

Dr Harsh Vardhan has been re-elected as a part of Prime Minister Narendra Modi’s Cabinet. During his last tenure as a cabinet minister, Dr Vardhan was responsible for three ministry...
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corporate tax rate cut
Business, Market News, Markets - June 3, 2019

Reliance Capital aims to reduce debt by Rs. 10,000 crores

On 18th May 2019, Reliance Capital Ltd (RCL) announced their plans for monetizing its assets worth of Rs. 10,000 crores in order to reduce their more than 50% of debt...
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IREDA Q3FY25: Robust Loan Growth, Improved Asset Quality YoY, PAT Up 27%
Automobile News, Autos, Market News, Markets - June 2, 2019

Maruti Suzuki looks to harness solar power at Gurugram plant

On 29th May 2019, Maruti Suzuki India Ltd made a public announcement on harnessing solar power to meet its energy needs. The company is planning to invest Rs. 24 crores...
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STL Networks’ Shares Jump on ₹360 Crore PowerGrid Teleservices Contract
Business, Market News, Markets - June 2, 2019

Airtel gains ARPU but lose valued customers due to this scheme

India's largest telecom operator reported an increment of over 18% in its Average Revenue Per User (ARPU). The ARPU rose from ₹104 Q3FY18 to ₹123 Q4FY19. The jump in the...
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Tata Power Supercharges India’s Green Goals with Bold Investment Drive
Business, Market News, Markets - June 1, 2019

ADAG on selling spree. Radio gone what next

On 23rd May 2019, Anil Ambani had signed an agreement with Nippon Life Insurance to exit Reliance Nippon Life Asset Management Limited (RNAM). Reliance Capital is going to receive about...
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SpiceJet Soars to Profit: Q4 Surge Delivers First Annual Gain in Seven Years
Business, Market News, Markets - June 1, 2019

Jet Airways asked to open the closet. Lenders ask auditors to make Audit report public

Ernst & Young (E&Y) was asked by the lenders’ consortium to carry out a forensic audit of Jet Airways books in April 2019. The audit report was not made public...
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