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Mixed Asian markets likely to push Indian indices towards a positive start; Tata Motors will be on the radar

Mixed Asian markets likely to push Indian indices towards a positive start; Tata Motors will be on the radar

23/05/2017 8:14 AM | Tuesday | By Karan Bhojwani

At 8:07 am SGX Nifty Index trading with gains of 26 points at 9,475, indicating positive start for Indian indices. The stock of Tata Motors will be in focus today as the index pivotal will report its quarterly earnings today.

Q4FY17 Results: Lakshmi Machine Works Ltd.

Q4FY17 Results: Lakshmi Machine Works Ltd.

22/05/2017 6:30 PM | Monday | By Nikhil Desai

Its operating profit (EBIT) for the quarter amounted to Rs 90.86 crore and its EBIT margin stood at 12.76 per cent.

Q4FY17 result :  GAIL (India)

Q4FY17 result : GAIL (India)

22/05/2017 5:41 PM | Monday | By Nidhi Jani

The company reported PAT of Rs 496.2 crore, which represents a sequential QoQ decline of 49.5 per cent and a YoY decline of 40.4 per cent. The board of directors has recommended a final dividend of Rs. 2.7 per equity share for FY16-17.

IIFL AMC raises $250 mn through IIFL Special Opportunities Fund

IIFL AMC raises $250 mn through IIFL Special Opportunities Fund

22/05/2017 5:41 PM | Monday | By smriti sahu

IIFL Asset Management Co. Ltd (AMC) has raised $250 million for its latest IIFL Special Opportunities Fund which was launched in February 2017. IIFL Special Opportunities Fund is a close-ended scheme under Category II Alternative Investment Fund.

Regional cinema likely to be hit by 28% GST rate

Regional cinema likely to be hit by 28% GST rate

22/05/2017 5:22 PM | Monday | By smriti sahu

Much to the resentment of Indian film industry, cinema will be levied 28% GST as a replacement for entertainment tax as declared by Finance Minister Arun Jaitley. 

Sensex closes in greens thanks to ITC; SBI the top index loser

Sensex closes in greens thanks to ITC; SBI the top index loser

22/05/2017 4:52 PM | Monday | By Yogesh Supekar

BSE FMCG gained 3 per cent, BSE IT gained 0.34 per cent, BSE Consumer durables was up by 0.61 per cent.

Meghmani Organics : Q4FY17 Result

Meghmani Organics : Q4FY17 Result

22/05/2017 4:41 PM | Monday | By Nidhi Jani

The company reported PAT of Rs 26.7 crore, which represents a sequential QoQ decline of 1.4 per cent and a YoY decline of 24.9 per cent.

Overnight Digest- Stocks to look out for on May 23

Overnight Digest- Stocks to look out for on May 23

22/05/2017 4:19 PM | Monday | By Yogesh Supekar

The stocks which are expected to witness significant movement on May 23 are Supreme Infrastructure India Limited, Centuryply/Indowind, Mahindra & Mahindra, Ajmera Realty & Infra India Limited and Karnataka Bank Limited.

Toyoda Gosei plans to invest Rs 732 million on the new plant

Toyoda Gosei plans to invest Rs 732 million on the new plant

22/05/2017 2:10 PM | Monday | By smriti sahu

To meet the growing automobile production and the increasing demand for airbags in the country Toyoda Gosei is going to establish a new plant in Gujrat.The new plant will be established in Gujrat which will be a branch of Toyoda Gosei Minda India (TGMIN), a subsidiary of Toyoda Gosei.

Spice Jet to revolutionise long-haul market; for Rs 15000, one can fly from Delhi to London

Spice Jet to revolutionise long-haul market; for Rs 15000, one can fly from Delhi to London

22/05/2017 2:10 PM | Monday | By Yogesh Supekar

Spice-Jet is working on bringing down the cost of operations in order to enable low ticket prices, while contemplating a single class all economy cabin, with less leg space.

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