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Wipro exits WAISL JV, sells remaining 11 pc share to Antariksh Softtech

In April last year, Wipro had sold 63 pc of its stake in WAISL to Antariksh Softtech in a Rs 3.15 crore deal.

28 Jun 2019 8:57 AM

Sebi issues stricter regulations for mutual funds, promoters pledge

Sebi board took a call on key changes over credit rating firms, promoters’ pledge of shares, liquid funds and royalty payments

27 Jun 2019 6:35 PM

IPO in long-term strategy, currently focused on driving e-commerce growth: Flipkart

Walmart-owned company is currently focussed on getting 200-300 million new Indians into the e-commerce fold.

24 Jun 2019 8:09 PM

TCS hikes stake to 66 per cent in Japanese JV with USD 32.6 mn investment

The company through TCS APAC, is acquiring 15 per cent stake from Mitsubishi Corporation.

24 Jun 2019 6:58 PM

Emami promoters further divests stake to pare debt

The total promoter stake in Emami Limited subsequent to the stake sale, stands at a controlling majority of 52.74 per cent.

24 Jun 2019 5:05 PM

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Wallmart buys Rs 531 crore Flipkart shares from Binny Bansal

Binny Bansal sold about 54 lakh of equity shares worth Rs 531 crore to Walmart.

24 Jun 2019 3:39 PM

IndiaMart IPO opens, to raise over Rs 474 crore

The company has offered 48,87,862 equity shares in the issue, which will close on June 26.

24 Jun 2019 11:45 AM

Investors continue to dump Jet Airways shares; further tank 15 per cent

Harried bankers on Monday decided against an outright sale of Jet Airways to the lone bidder.

18 Jun 2019 12:47 PM

Jet Airways shares continue to face massive selling pressure; tumble over 18 pc

At NSE, shares plunged 17.94 per cent to a multi-year low of Rs 67.

17 Jun 2019 12:36 PM

Piramal sells entire stake in Shriram Transport Finance for approx Rs 2,305 cr

As on March 31, 2019, Piramal Enterprises held 2.26 cr shares amounting to 9.96 pc stake in Shriram Transport Finance Company.

17 Jun 2019 11:56 AM

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IFFCO FY19 net profit down 10 pc at Rs 841 cr, turnover up 34 pc at Rs 27,852 cr

IFFCO's total production of fertilisers increased to 81.49 lakh tonnes last fiscal year, from 78.71 lakh tonnes.

14 Jun 2019 12:57 PM

DHFL in talks with PE firm; expect USD 1 bn from sale of half of their holdings

The Wadhawan family, the promoters of the company, currently holds close to 40 per cent stake in the company.

13 Jun 2019 12:19 PM

Jet Airways shares tank over 23 pc after bourses announce trading restrictions

Stock exchanges will impose restrictions on trading in Jet Airways shares from June 28.

13 Jun 2019 12:15 PM

Bharti Telecom stake in Airtel comes down to 41.24 per cent

Bharti Telecom shareholding dropped to Rs 200.28 crore in May disclosure by Bharti Airtel.

29 May 2019 9:25 AM

PNB narrows Q4 loss to Rs 4,750 crore

Stock of PNB traded at Rs 88.10 on BSE, down 1.34 per cent from its previous close.

28 May 2019 2:12 PM

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IndiGo forecasts strong year as Jet collapse boosts profit

InterGlobe’s profit for the quarter rose to 5.9 billion rupees (USD 84.9 million) from 1.18 billion a year earlier.

28 May 2019 11:45 AM

GAIL posts 20 per cent rise in Q4 net profit; declares 1:1 bonus

Revenue rose to Rs 18,763.87 crore in the fourth quarter of 2018-19 fiscal year when compared with Rs 15,430.69 crore.

27 May 2019 2:27 PM

DLF cuts net debt by 34 per cent in Q4 to Rs 4,483 crore

DLF's net debt has come down from Rs 7,224 crore in Q3 of FY19 to Rs 4,483 crore in Q4 of FY19

27 May 2019 11:25 AM

L&T picks up Mindtree shares worth Rs 316 cr between May 20-24

The infrastructure major is eyeing up to 66 per cent stake in Mindtree for around Rs 10,800 crore.

26 May 2019 10:37 AM

Smartphone maker Xiaomi's first-quarter revenue jumps 27 per cent, beats estimates

The results indicate Xiaomi’s overseas expansion and focus on markets such as India and Europe are paying off.

21 May 2019 11:07 AM

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