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Market Update: Nifty above 10K; Bharti Infratel hits 1-yr high, Hindalco, Auro Pharma top gainers

2017-10-12 moneycontrol
Both Sensex and Nifty added on to their respective morning gains on Thursday with the Nifty inching up 47.45 points at 10,032.80 and the Sensex adding 132.86 points at 31,966. The midcap index held on to its positive trend led by CESC, GMR Infra, Godrej Industries and Just Dial. (18-1)

Amitabh Bachchan 75th Birthday Special: 10 unique facts about Bollywood’s megastar

2017-10-11 freepressjournal.in
Shahenshah of Bollywood, yesteryear’s angry young man, and an evergreen superstar – Amitabh Bachchan — turns 75 today. Age is only a number for him — his talents, his magnetic persona is something everyone talks about till date. He has ruled for more than 4 decade in Bollywood. His first release was ‘Saat Hindustani’, which was a black and white film. After that, he gave many superhit films and he is still ‘not out’, continuing a glorious journey.

South Indian Bank Q2FY18 standalone net profit declines 96% yoy to Rs.4.32 crore

2017-10-10 indiainfoline
By clicking on submit button, you authorize IIFL & its representatives & agents to provide information about various products, offers and services provided by IIFL through any mode including telephone calls, SMS, letters etc. . you confirm that laws in relation to unsolicited communication referred in “National Do Not Call Registry” as laid down by “Telecom Regulatory Authority of India” will not be applicable for such information/ communication.

Spice Mobility up 5% after company inks agreement

2017-10-10 indiainfoline
The cost of acquisition is SGD 21.49 lakh, which comprises of 21.49 lakh shares of 1 SGD each. The acquisition will be completed in 2 months time.

TVS Electronics extends rally, hits 20% upper circuit

2017-10-10 indiainfoline
The share price of TVS electronics zoomed 20% today to breach upper circuit. The stock traded at new 52 weeks high at Rs 495.1.

Helmuth Ludwig, Siemens' Global Head of Information Technology, Highlights Joint Development Projects with Bentley Systems at Year in Infrastructure 2017 Conference

2017-10-10 indiainfoline
Helmuth Ludwig, Siemens' Global Head of Information Technology, Highlights Joint Development Projects with Bentley Systems at Year in Infrastructure 2017 Conference

Infosys stock up 1%; sets Nov 1 as buyback record date

2017-10-10 indiainfoline
Infosys stock is trading up 1.3% as investors look to close arbitrage arising out of the company setting Nov 1 as the record date.

Suven Life Sciences spikes by 6% after securing Product Patent

2017-10-10 indiainfoline
After securing a patent for developing product to treat neuro-degenerative diseases, share price of Suven Life Sciences rose

Poor rains, global headwinds hinder FMCG growth

2017-10-08 thehindubusinessline
FMCG, the fourth-largest sector in the Indian economy, is seeing stiff competition from consumer durables, especially mobile phones, which are now doubling up as means for banking as well as entertainment for consumers (9-0)

WEF Forum India: Industry veterans say GST has potential to lift economic growth

2017-10-05 moneycontrol
From the sidelines of the World Economic Forum India Summit in New Delhi, CNBC-TV18 spoke to numerous industry veterans like Suresh Narayanan, CMD, Nestle, Shobana Kamineni, President, CII, Sanjiv Bajaj, MD, Bajaj Finserv, Ajay S Banga, President & CEO, Mastercard, USA, Sunil Mathur, CEO & MD, Siemens. (2-0)

Strong market breadth

2017-10-04 indiainfoline
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Top open interest losers on Tuesday

2017-10-03 indiainfoline
Open interest and share prices of Ramco Cements, Chennai Petro, Indiabulls Real Estate, Nestle India and Shree Cements have witnessed short covering positions during Tuesday’s trade.

‘E-comm swamping brick-and-mortar retail is all imagination’

2017-10-02 thehindubusinessline
Suresh Narayanan, Chairman & Managing Director, Nestle India Ltd, has just finished making a presentation on organised retail to over 1,000 students at the Madras Management Association’s 16th All-India Management Students’ Convention held recently here. Despite the brouhaha over modern trade and e-comm, Narayanan says that organised trade is still 8-9 per cent of overall trade. E-comm companies in the FMCG space enjoy 1-2 per cent in terms of overall contribution to sales.

Closing Commentary: 9800 mark to act as a strong support for Nifty

2017-09-26 indiainfoline
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Mutual Funds to trade in commodity derivatives soon

2017-09-26 indiainfoline
Investors would get the benefits of expert management and other features of Mutual Fund industry. Also, the overall growth in the commodity futures market can bring in a further transparency.

Top gainers on Tuesday

2017-09-26 indiainfoline
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Maturity of Mutual Fund Schemes of Reliance Mutual Fund.

2017-09-26 indiainfoline
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Scheme of Arrangement (Demerger) of Zee Media Corporation Ltd.

2017-09-26 indiainfoline
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Asian markets end lower as tension over North Korea escalates

2017-09-26 indiainfoline
The yen stood strong as tensions between North Korea and the US flared up escalating tensions, while the euro struggled near 4-week lows versus the dollar.

Indian refining companies to get a short term lift on GRM: ICRA

2017-09-26 indiainfoline
Hurricane Harvey, a severe hurricane, led to the closure of a fifth of the US refining capacity or about 3.2 mbd in August end.

Nestle India launches all new KIT KAT Dessert Delight

2017-09-25 indiainfoline
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‘Govt entry into retail can disrupt the sector'

2017-09-22 thehindubusinessline
‘Amma’ brand of subsidised products launched by the late Tamil Nadu chief minister J Jayalalithaa had disrupted the retail sector in the state with the government marketing products, said Harish Bijoor, Brand Expert & Founder, Harish Bijoor Consults Inc.

ITC targets Rs65,000 crore revenue from packaged foods division by 2030

2017-09-20 livemint
New Delhi: ITC Ltd, the Kolkata-based cigarette-to-noodles maker, has set an internal target of generating Rs65,000 crore from packaged foods by 2030 to reach its goal of Rs1-trillion revenue from non-cigarette packaged goods by that time. (3-0)

Nestle India on path to cut sugar content in chocolates

2017-09-13 business-standard
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Nestle to cut sugar in Milkybar by 10%

2017-09-13 business-standard
FMCG major Nestle India on Wednesday said it has reformulated its white chocolate brand, Milkybar, to reduce the sugar content by 10 per cent. The sugar is replaced by higher quantity of milk and the percentage of milk in the new Milkybar has been increased by close to 8 per cent with the sugar reduced by about 10 per cent, on per 100gm basis.