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NDTV tanks 8% due to alleged promoter involvement in loan fraud

NDTV tanks 8% due to alleged promoter involvement in loan fraud

The shares of the Delhi based Media Company NDTV tanked 8% lower to ₹32.10 from their previous closing price of ₹34.80 on BSE on June 17, 2019. Stock prices observed...
IndusInd stock under pressure due to asset quality concern

IndusInd stock under pressure due to asset quality concerns

IndusInd Bank has plunged over 10% within two days wiping out over ₹9,000 crore from the bank's market capitalisation. The scrip witnessed heavy selling pressure amidst reports of the downgrade...
Decade long wait over for Adani group. Carmichael project gets final nod

Decade long wait over for Adani group. Carmichael project gets final nod

The Adani group has finally received a green signal after almost a decade for its mining project in Australia. The company received the final approval on 13 May 2019. They...
Eros International reaffirms strong financials after shares plummet

Eros International reaffirms strong financials after shares plummet

Global Indian Entertainment Company, Eros International Plc announced its share repurchase program of up to $20 million of outstanding common shares on 9th June 2019. This announcement came after shares...
Neogen Chemicals shows positive chain reaction. Hits record high on tepid day

Neogen Chemicals shows positive chain reaction. Hits record high on tepid day

The shares of the chemical manufacturer, Neogen Chemicals jumped to a record high since its listing on May 8, 2019. On May 12, 2019, the stock price of the company...
RIL and BP receives green signal for MJ project

RIL and BP receives green signal for MJ project

The joint venture of Reliance Industries Limited (RIL) and BP Plc made a public announcement regarding receiving a green signal for MJ project. MJ project which is also known as...
ILFS auditors under scanner. Accused of wrong doings by MCA

ILFS auditors under scanner. Accused of wrong doings by MCA

IL&FS seems to have a never-ending saga. After witnessing the liquidity crunch and the NBFC crisis, now the preceding two auditors are being debarred. Ministry of Corporate Affairs (MCA) filed...
Bharti Airtel to settle ownership row with Tanzania by paying $26.2 million

Bharti Airtel to settle ownership row with Tanzania by paying $26.2 million

Bharti Airtel agreed to pay 60 billion shillings ($26.2 million) for the settlement of ownership disputes to Tanzanian government over a period of five years. Airtel connects millions of people all...
Jet plunges 14.8% after Hinduja Group and Etihad Airways reconsider investment

Jet plunges 14.8% after Hinduja Group and Etihad Airways reconsider investment

Jet Airways Ltd. was a day late and a dollar short in striking a negotiation with Hinduja Group and Etihad Airways. The debt-ridden airline was forced to terminate the flight...
Larson & Toubro set to construct Navi Mumbai airport, likely to finish by mid 2020.

Larson & Toubro set to construct Navi Mumbai airport, likely to finish by mid 2020.

Larson & Toubro is about to become a leading player in the airport construction segment. They have bagged the contract of Navi Mumbai International Airport. On 7th June 2019, the...