Abhijeet Singh | April 13, 2018 5:04 PM
Infosys dividend FY18: India’s second-largest IT company Infosys Ltd announced the financial results for the quarter and the fiscal year ended 31 March 2018 on Friday being the first Nifty company to announce the corporate earnings.
FE Online | April 13, 2018 4:12 PM
Indian stock markets finished on a flatter note on Friday even as inflation dipped to a five-month low on Thursday with the key equity indices Sensex and Nifty settling marginally higher in green for the seventh consecutive session.
PTI | April 13, 2018 3:41 PM
Telecom operator Reliance Jio is learnt to be in talks with three Japanese banks to raise USD 500 million (around Rs 3,250 crore) in debt.
Worried about Sensex volatility? Ambit Capital details strategy to compound wealth and minimise riskAshish Pandey | April 13, 2018 1:59 PM
Ambit Capital’s top brass explains how investors can maximise their chance of making money, and minimise risk of losing wealth, using what it calls the “Coffee Can Investing”.
FE Online | April 13, 2018 1:20 PM
Coinsecure — a Bitcoin trading platform has turned out to not be very secure. The company has reported that over 438 Bitcoins whose worth was about Rs 19 crore was stolen from its Bitcoin wallet.
Abhijeet Singh | April 13, 2018 1:17 PM
We bring to you a large-cap consumer stock that has turned Rs 10,000 to nearly Rs 1.5 lakh in last 7 years to buy and gain up to 25% on your investment.
PTI | April 13, 2018 1:07 PM
To boost inflows of foreign funds into Indian capital markets, regulator Sebi has decided to raise the investment limit for foreign portfolio investors (FPIs) in central government securities and corporate bonds in two tranches.
Sensex breaks 34,300, Nifty retakes 10,500 as RIL, bankers rally; Infosys gains 1% ahead of Q4 resultReuters | April 13, 2018 12:38 PM
Indian shares rose for a seventh straight session on Friday, in what could be their longest winning streak since November 2017, on the back of gains in index heavyweights such as Reliance Industries Ltd and ICICI Bank Ltd.
Don’t worry about 2019 polls: Modi or not, Indian stocks are ‘buy’, says Motilal Oswal’s Raamdeo AgrawalBloomberg | April 13, 2018 12:07 PM
India’s stocks are falling. Investors are worried about upcoming elections. But Raamdeo Agrawal has a message for them: forget about all that noise.
FE Online | April 13, 2018 10:41 AM
Infosys results Q4 2018: Infosys share price was trading little changed on BSE and NSE ahead of the Infosys Q4 results 2018 on Friday as India’s second-largest IT company Infosys is all set to announce the financial results for the quarter and the year ended 31 March 2018 today, 13 April 2018
Sensex adds 135 points as inflation dips to 5-month low; Infosys, TCS top turnover ahead of Infosys Q4 resultsFE Online | April 13, 2018 9:40 AM
Indian equities started on a positive note on Friday as India’s retail inflation de-grew to a five-month low in March and industrial production jumped by a healthy 7.1% in February.
Shares of Infosys, HCL Tech, Vedanta, Fortis Healthcare, Kotak Mahindra Bank, ITI, NMDC in focus todayFE Online | April 13, 2018 9:07 AM
Indian stock markets are likely to open higher on Friday following a considerable upsurge in the US equity markets with Dow Industrials surging as much as 294 points.
Reuters | April 13, 2018 8:37 AM
Global stocks recovered to three-week highs on Friday as anticipated strong earnings season took centre stage after U.S. President Donald Trump backtracked on his suggestion of an imminent missile attack on Syria.
Reuters | April 13, 2018 8:32 AM
Oil prices edged lower on Friday but are set for their biggest weekly gains since last July following a jump to a more than three-year high earlier in the week on tensions over Syria and shrinking global oil inventories.
Saurabh Kumar | April 13, 2018 4:51 AM
The company holds the largest CBM acreage in the country with five blocks having an estimated 10 trillion cubic feet (tcf) of CBM spread across 2,700 sq km across five states — Jharkhand, Chhattisgarh, Madhya Pradesh, West Bengal and Odisha.
FE Bureau | April 13, 2018 2:58 AM
The Fortis stock rose by 4.17% to end the session at Rs 153.80. According to news reports, IHH sent a letter to the Fortis board on Wednesday saying it may be willing to pay as much as Rs 160 per share, 4% more than Thursday’s closing price.
Chirag Madia | April 13, 2018 2:55 AM
In this context, the strong growth in net inflows through this route assumes significance. Amfi data also shows that on an average, the mutual fund industry had added about 9.7 lakh SIP accounts each month during the FY18 as against an average addition of 6.27 lakh SIP accounts per month in FY16.
Edelweiss | April 13, 2018 2:45 AM
Factoring these, we estimate FCL to clock revenue CAGR of 42.5% and EBITDA margin to expand by 379bps over FY17-20. Initiate coverage with ‘BUY’ and DCF-based TP of Rs 77.
Axis Capital | April 13, 2018 2:40 AM
On April 6, 2018, USCIS announced that it has received more than enough H-1B petitions to meet the numerical limit for fiscal year 2018 cap-subject H-1B visas, which includes both the 65,000 general H-1B cap petitions as well as the 20,000 US master’s degree H-1B petitions filed on behalf of individuals with US advanced degrees.
FE Bureau | April 13, 2018 2:17 AM
The step to jointly bargain for crude oil is taken to get better prices as oil producers charge an Asian premium from India, China and others for supplying petroleum.
M Sarita Varma | April 13, 2018 2:12 AM
The ambitious project, catering to the demand for rare mineral products vital for the country’s aerospace and defence sectors, will be under the public-private partnership (PPP) mode.
Rajesh Ravi | April 13, 2018 2:00 AM
Durai Murugan, secretary, Shrimp Association of Pattukottai and managing director of New Diamond Aqua Enterprise told FE that market price for shrimps has fallen by 60 % in the last four months and if the trend continues for next two months, a 20 % drop in production could be expected this year.
FE Bureau | April 13, 2018 1:21 AM
In a separate regulatory filing, World Crest Advisors said it has bought 9.15 crore shares representing 4.97% stake of Dish TV from the open market.
Petrol price alert: No directive from government to defer raise ahead of Karnataka elections, says PradhanPTI | April 12, 2018 6:23 PM
The prices at petrol pumps of state-owned fuel retailers like Indian Oil Corp (IOC) were cut by 1-3 paisa every day in the first fortnight of December last year.
Infosys, TCS rally steer Sensex to end 161 points higher, Nifty mounts 10,459 ahead of inflation dataFE Online | April 12, 2018 5:00 PM
Indian stock markets ended higher with the key equity indices Sensex and Nifty finishing in the positive territory for the sixth straight session on Thursday ahead of the release of macroeconomic data including the inflation numbers for the month of March.
FE Online | April 12, 2018 4:59 PM
Amid positive global cues, gold prices surged by Rs 300 to reach Rs Rs 32,150 per 10 gram at the bullion market on Thursday.
Don’t worry about ICICI Bank, Fortis-like news; stick to secular investments, says hedge fund managerFE Online | April 12, 2018 4:41 PM
Even as continue to see major developments around ICICI Bank and the Manipal-TGP Fortis Deal, wealth wizard Samir Arora says that he does not view such news as a buying opportunity.
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