Shares | The Asian Age

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Investigative media outlet Cobrapost had alleged in January that loans from Indian state-run lenders were diverted by Dewan Housing to shell companies.

Dewan Housing jumps after auditor report says no funds diversion

Shares of Dewan Housing Finance Corp Ltd surge as much as 21.2 per cent.

06 Mar 2019 10:22 AM

Shares of Tesla fell 3.4 percent after hours.

Tesla debuts USD 35,000 Model 3, sees loss in first quarter

Investors have voiced concerns about whether Tesla would be able to maintain profit margins through cost cutting.

01 Mar 2019 12:33 PM

Its expectations for annual adjusted earnings per share between USD 6.05 and USD 6.70 falls below Street estimates of USD 6.81.

Dell beats revenue estimates in first report as public company

Dell, one of the top players in the PC market, returned to public markets on December 28.

01 Mar 2019 12:16 PM

Shares of the company dropped 6.15 per cent to Rs 211 on BSE.

Jet Airways shares plunge over 6 pc after co grounds 7 more planes

So far this month, as many as 13 planes of the company have been grounded on account of non-payment of rentals to lessors.

28 Feb 2019 12:14 PM

The announcement comes as fellow Apple supplier Luxshare Precision Industry Co Ltd late on Monday said 2018 net profit likely rose a 61 percent.

Apple supplier AAC Tech suffers stock plunge after profit warning

AAC said profitability would increase due to improvement in its product portfolio, production efficiency and cost control.

27 Feb 2019 3:02 PM

Hyundai Motor plans to boost the core automotive businesses’ operating profit margin to 7 per cent by 2022, compared with 2.1 per cent in 2018.

Hyundai Motor says to lift auto operating margin to 7 per cent by 2022

Automaker plans to invest 45.3 trillion won (USD 40.48 billion) over the next five years in research and development.

27 Feb 2019 1:05 PM

The RBI further it has also been decided to take Dhanlaxmi Bank out of the PCA Framework, subject to certain conditions and continuous monitoring.

Corporation, Allahabad, Dhanlaxmi Bank jump up to 10 pc post RBI move

The RBI on Tuesday removed the three banks from its Prompt Corrective Action (PCA) framework.

27 Feb 2019 12:27 PM

Britannia Industries will replace Hindustan Petroleum Corporation in the Nifty50 index from March 29.

HPCL shares decline 3 pc; Britannia up over 1 pc on NSE rejig

The company's shares opened the day on a weak note and further declined 2.95 per cent to Rs 221.40 on NSE.

26 Feb 2019 10:56 AM

A consortium of banks, led by the SBI, has extended loans to Jet Airways, which is looking to rejig debt and raise funds.

Jet Airways shares fall 3 pc on reports of SBI mulling moving NCLT against airline

Shareholders of Jet Airways had approved conversion of loan into shares and other proposals during the extraordinary general meeting.

25 Feb 2019 3:30 PM

The company said it will make further announcements at the appropriate time. (Photo: Twitter)

RCap invites Nippon Life to acquire its stake in asset management JV

Reliance Capital held 42.9 per cent stake in Reliance Nippon Life Asset Management Ltd.

21 Feb 2019 12:50 PM

Lenovo shares rose 11.4 percent on Thursday morning, poised for their best one-day gains in almost 10 years.

Lenovo's third-quarter profit beats expectations, powering share surge

The company, dual-headquartered in China and the United States, is optimistic of further growth in China.

21 Feb 2019 12:19 PM

Opening and closing dates of the buyback programme has not yet been announced.

Tech Mahindra to buy back shares at 14.59 pc premium for Rs 1,956 cr

The share buyback proposal has been approved by the company's board.

21 Feb 2019 11:45 AM

Jet, which had debt exceeding 80 billion rupees (USD 1.12 billion) as of September-end, has been steadily losing market share to its rival.

Debt-laden Jet Airways edges closer to safety

The airline has also seen its share price suffer as it navigated through several negotiations with its lenders and shareholders.

21 Feb 2019 10:25 AM

Reliance Group Chairman, Anil Ambani (Photo: File)

Reliance Group stocks under pressure; tank up to 10.3 pc on SC move

Apex court said Ambani and the others will have to purge contempt by paying Rs 453 crore to Ericsson in four weeks.

20 Feb 2019 12:54 PM

On the traded volume front, 12.16 lakh shares were traded on BSE, while over 80 lakh on NSE.

Emami shares zoom nearly 15 per cent as promoters sell stake

The company's shares advanced 14.80 per cent to close at Rs 407.60 on BSE.

19 Feb 2019 5:40 PM

At the end of December 2018, promoter entities held 75 per cent stake in the company.

Reliance Power promoters aim Rs 2,500 crore from stake sale

Shares of Reliance Power rose 2.20 per cent to Rs 11.60 apiece on BSE.

19 Feb 2019 2:07 PM

The profit for the year, however, was below an average estimate of USD 22 billion.

HSBC's 2018 profit misses estimates; China weakness poses growth risks

HSBC reported a profit before tax of USD 19.9 billion for 2018 compared with USD 17.2 billion the year before.

19 Feb 2019 11:21 AM

Reliance Infrastructure jumped 7.40 per cent while Reliance Home Finance gained 6.71 per cent.

Reliance Group shares in demand; zoom up to 11.3 per cent

Shares of Reliance Power zoomed 11.27 per cent and Reliance Communications advanced by 10.91 per cent.

18 Feb 2019 6:14 PM

Shares of DHFL were up 4.5 per cent at 128.80 rupees.

DHFL yet to decide on stake sale

Earlier this month, the home loan provider said it was keen to sell assets and some of its businesses to improve liquidity.

18 Feb 2019 2:42 PM

State-run PNB has already surprised markets with an earlier-than-expected profit for the quarter ended Dec 31.

A year after India's biggest bank fraud, PNB on road for annual profit

The bank is expected to clock a net profit of 22.66 billion rupees for the year ending March 2020.

18 Feb 2019 2:24 PM

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Sunil Gatade