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Business  /  Published 28.01.19

Siddhartha move to clear Mindtree mess

V.G. Siddhartha, the promoter of Coffee Day Enterprises (Coffee Day), may appeal against the income tax department’s move to attach some of his shares held in information technology firm Mindtree.La...
By Our Special Correspondent in Mumbai

Business  /  Published 25.01.19

Maruti net skids 17%

Maruti Suzuki India on Friday posted a lower-than-expected profit for the third quarter, sending its shares to a 21-month low.The country’s top-selling car maker posted a 17.21 per cent fall in net ...
By Our Special Correspondent in New Delhi

Business  /  Published 23.12.19

Aramco deal doubts rock RIL stock

Shares of Reliance Industries (RIL) on Monday fell nearly 2 per cent on uncertainty over the proposed deal with Aramco. This came as the government sought to block its plan to sell a 20 per cent stake...
By Our Special Correspondent in Mumbai

Business  /  Published 14.01.19

Resolution tailwind for Jet Airways scrip

Shares of Jet Airways soared on Monday on reports that a resolution plan for the troubled carrier could be finalised this week.On the BSE, the stock rose over 16 per cent to close at Rs 294.40 after t...
By Our Special Correspondent in Mumbai

Business  /  Published 13.12.18

Yes suspense intact, scrip takes a hit

Yes Bank on Thursday said it was on track to find a replacement for Rana Kapoor, the present MD and CEO, within the RBI-mandated deadline of February 1.However, the lender’s shares fell sharply as t...
By Our Special Correspondent in Mumbai

Business  /  Published 31.10.19

Yes Bank gets $1 billion funds prop

Yes Bank informed the stock exchanges on Thursday that it has received a binding offer from a foreign investor to infuse $1.2 billion in the bank. The board of the bank is meeting on Friday to conside...
By Our Special Correspondent in Mumbai

Business  /  Published 23.11.18

Oil India in share buyback mode

Oil India Ltd has joined the list of PSU firms to come out with a share buyback programme. The oil and natural gas exploration company will purchase 5.04 crore of its shares for over Rs 1,085 crore.Th...
By Our Special Correspondent in Mumbai

Business  /  Published 15.11.18

ING cuts Kotak stake

Dutch financial major ING on Thursday sold 1.27 crore shares in Kotak Mahindra Bank for a little over Rs 1,440 crore through an open market transaction.As of September, ING Mauritius Investments, the ...
By Our Special Correspondent in Mumbai

Business  /  Published 08.06.20

Stocks fail to latch on to gains

Benchmark gauges Sensex and Nifty on Monday pulled back from the day's highs but managed to settle with marginal gains as investors rushed to book profits following a stellar rally. The 30-share BSE S...
By TT Bureau in Mumbai

Business  /  Published 26.12.19

Stocks on a slippery turf

Benchmark indices nursed losses for the third straight session on Thursday, led by selling in market heavyweights Reliance Industries and HDFC Bank amid expiry of December derivatives contracts.After ...
By TT Bureau in Mumbai


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