Reliance Industries, SBI, 7 Other Firms Shed Rs. 1,05,357 Crore Market Value In A Week

Reliance Industries, SBI, 7 Other Firms Shed Rs. 1,05,357 Crore Market Value In A Week

New Delhi: The combined market valuation of nine of the top 10 most valued Indian companies plummeted by Rs. 1,05,357 crore in the week that ended on August 11, 2017, with Reliance Industries (RIL) and State Bank of India (SBI)...
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Sensex, Nifty Edge Higher; Tech Mahindra Surges 7% On Strong Q1

Sensex, Nifty Edge Higher; Tech Mahindra Surges 7% On Strong Q1

Indian shares edged higher on Tuesday tracking positive Asian shares. The BSE Sensex rose nearly 100 points to an intraday high of 32,615.44 while the Nifty50 index added nearly 25 points at day’s high as tech shares led by Tech...
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Biocon Shares Fall 7% As Q1 Profit Slumps

Biocon Shares Fall 7% As Q1 Profit Slumps

New Delhi: Bio-pharmaceutical firm Biocon’s shares dropped 7 per cent on Friday, a day after the company reported a 51.20 per cent decline in consolidated net profit for the quarter ended June 30. Shares of the company opened the day...
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GST on property: 7 things you should know

GST on property: 7 things you should know

Being pegged as a revolutionary tax reform since Independence, the Goods and Services Tax+ (GST) is likely to eliminate the complex and ambiguous tax structure plaguing the country currently. To bridge the gap between the government, developers and consumers...
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JK Lakshmi Cement Tumbles Over 7% As Q4 Net Falls

JK Lakshmi Cement Tumbles Over 7% As Q4 Net Falls

New Delhi: Shares of JK Lakshmi Cement today tumbled over 7 per cent after the company reported a 19.4 per cent decline in standalone net profit for the fourth quarter ended March 2017. The stock tanked 7 per cent to...
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Rupee sheds 7 paise at 64.15

Rupee sheds 7 paise at 64.15

MUMBAI, MAY 17:   The rupee failed to maintain its strong initial gains and ended lower by 7 paise at 64.15, the second consecutive session fall against the US dollar due to sustained demand for the American currency from importers. However,...
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