DSIJ Mindshare

TV18 Broadcast announced its results for the quarter ended December 31, 2018. On a consolidated quarterly basis, the company’s operating revenue surged 22 per cent YoY to Rs. 1,475 crore in Q3FY19 from Rs. 1,211 crore in Q3FY18. Operating EBITDA increased to Rs. 115 crore in Q3FY19 from Rs. 82 crore in Q3FY18, thereby rising 41 per cent YoY.

Indian Oil Corporation Limited (IOC) has launched international bonds for US$ 900 million carrying a coupon of 4.75 per cent. The notes will be settled by January 16, 2019.

The beginning of calendar year 2019 brought cheers to some stocks as they managed to post stellar return in the first fortnight of January 2019. On the other hand, the benchmark indices such as Nifty and Sensex delivered a negative return of around 1.6 per cent and 1.11 per cent, respectively.

The shares of Larsen & Toubro were trading in green in the morning session as the company's wholly-owned subsidiary, L&T Hydrocarbon Consortium secured an EPCI order from Saudi Aramco.