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  Business   Companies  11 May 2018

Business, Companies, 11 May 2018

Morgan Stanley sells nearly 38 lakh shares of Gitanjali Gems

The share price of Gitanjali Gems on Friday closed at Rs 3.84.

11 May 2018 6:35 PM

Nestle India shares jump nearly 6 pc as Q1 profit jumps

Shares of Nestle India on Friday rose nearly 6 per cent after the FMCG major reported 35.98 per cent jump in profit.

11 May 2018 6:14 PM

Aditya Birla Fashion and Retail Q4 profit rises to Rs 113.12 cr

The company had posted a net profit of Rs 21.83 crore in the January-March quarter of the last fiscal.

11 May 2018 5:06 PM

Havells clocks Q4 net profit of Rs 226 crore

The company had reported a net profit of Rs 94.70 crore and total income of Rs 1,873.44 crore in the January-March period a year ago.

11 May 2018 4:43 PM

Munjals-Burmans bid opted due to certainty, liquidity issues: Fortis

Majority of Fortis Healthcare's board opted for the Munjals-Burmans offer keeping in mind the certainty and liquidity issues.

11 May 2018 4:34 PM


Record load factor helps Spicejet log in 11 pc rise in net profit

For the full year to March, the airline reported a 32 per cent jump in profit at Rs 566.7 crore.

11 May 2018 3:18 PM

ArcelorMittal Q1 net profit up 19 per cent at USD 1.2 billion

The firm, led by billionaire Lakshmi N Mittal, also saw its net debt decrease to USD 11.1 billion.

11 May 2018 2:31 PM

SoftBank undecided on exiting Flipkart

SoftBank's Masayoshi Son will take a call in the next 7-10 days on whether to exit India's biggest online retailer or say invested.

11 May 2018 12:13 PM

Telecom stocks fall after Reliance Jio unveils new post-paid plan

Airtel and Idea are expected to launch new plans in response to Jio’s offer.

11 May 2018 11:54 AM

India likely to opt for premium goods

People in India are increasingly looking to switch to better products such as inverter air conditioners (AC).

11 May 2018 6:27 AM


Sachin Bansal bids farewell; to focus on games, coding

In a Facebook post, Sachin said his work at Flipkart “is done” and “it's time to hand over the baton and move on.”

11 May 2018 6:18 AM

Walmart hopeful about CCI’s nod

Local sourcing to help economy: CEO.

11 May 2018 6:00 AM