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Market Update: Midcaps outperform, Bharti Infratel, Infosys up 2%; RIL most active

2017-11-16 moneycontrol
The bulls made a comeback on Thursday afternoon with the Nifty gaining over 74 points or 0.74 percent close to touching 10,200 mark while the Sensex jumped 265 points at 33025. (16-0)

Bharat-22 ETF opens for anchor investors on Tuesday; Centre hopes to raise ₹8,000 crore through NFO

2017-11-13 thehindubusinessline
ICICI Prudential on Monday announced the much-awaited launch of Bharat-22 open ended exchange-traded fund, which is a part of the Centre’s disinvestment program worth ₹72,500 crore for FY18. (19-0)

News Live: Bain, Carlyle in race to buy Sutures India for $425m

2017-11-06 moneycontrol
Private equity funds Bain Capital, Swiss fund Partners Group, Advent International Corp and Carlyle Group are in the race to buy Sutures India for Rs 2,740cr (23-0)

News Live: Yes Bank cuts employee notice period, are layoffs on the cards?

2017-11-06 moneycontrol
Mutual fund investor Valic Co has trimmed the valuation of India’s most valuable start-up Flipkart, months after the e-commerce market leader raised nearly $3 billion from marquee investors led by Japan’s SoftBank, Tencent Holdings, eBay and Microsoft—an indication that some smaller investors in Flipkart are still divided over its valuation, reports Mint. (11-0)

BSE, PNB, Union Bank, UCO Bank, PFC results

2017-11-02 thehindubusinessline
BSE, Bharat Gears, Godrej Agrovet, Godrej Properties, Edelweiss Financial Services, Hindalco, Palash Securities, Power Finance Corporation, Punjab National Bank, Shipping Corporation, Sheela Foam, Sical Logistics, Spice Mobility, Tata Power, Titan Company, Torrent Pharma, Trident, UCO Bank, Unichem Laboratories, Union Bank of India and Zensar Technologies are some of the companies that will declare their July-September quarterly results on Friday.

Market update: Pharma stocks rally as Divis zooms over 16%; ICICI hits new 52-week high

2017-11-02 moneycontrol
The Indian benchmark indices after hitting record highs on Wednesday continued to trade in the positive territory with the Nifty50 marginally up 4.8 points at 10445 while the Sensex gained 26 points trading at 33623 in the morning trade. The midcap sector was yet again the outperformer with the index gaining 0.65 points led by IDBI Bank, Biocon, Mcleod Russel and Power Finance Corporation. (14-0)

EESL secures $454 million funding from Global Environment Facility

2017-11-01 livemint
New Delhi: In a boost to India’s efforts to transition to a low-carbon economy, the Global Environment Facility (GEF) will provide $454 million in funding for energy-efficiency projects run by state-owned Energy Efficiency Services Ltd (EESL). (2-0)

Banks post recapitalisation lift Nifty to record close; Sensex up 435 pts, PNB zooms 46%

2017-10-25 moneycontrol
The market posted spectacular rally on Wednesday as equity benchmarks ended at record closing high, driven by banks after the government announced a whopping Rs 2.11 lakh crore recapitalisation dose for PSU banks. Infrastructure stocks also boosted sentiment after the Cabinet cleared nearly Rs 7 lakh crore worth highway projects. (34-0)

Power Finance Corporation fixes record date for interim dividend

2017-10-24 indiainfoline
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Market Update: RIL hits record high, Axis Bank most active, Adani Ports, Ambuja Cements top gainers

2017-10-23 moneycontrol
The Indian market opened the week on a positive note with both the benchmark indices, Nifty and the Sensex reclaiming some lost grounds. The Nifty was up 0.56 percent or 56 points at 10202.50 while the Sensex gained over 150 points and trading at 32540. The Nifty midcap index was again the outperformer, up 0.77 percent led by Jubilant Foodworks, L&T Finance Holdings and Power Finance Corporation. (81-0)

Slums find few takers for CSR programmes

2017-10-16 livemint
New Delhi: Although fiscal year 2017 (FY17) saw the top 10 companies by corporate social responsibility (CSR) spending contribute almost half the money that went towards CSR programmes, none devoted any funds to slum development initiatives. That’s because question marks linger over the legal status of slums. The top 10 accounted for Rs3,360.48 crore of the Rs6,809.91 crore earmarked for CSR initiatives in the year ended March.

Market Update: Bank Nifty outperforms as Nifty inches towards record high; ICICI Bank, BOI up 2%

2017-10-13 moneycontrol
The Nifty on Friday extended its morning gains and was up 0.63 percent at 10,160 closing on to its record high. The Sensex continued its strong run and was up 0.73 percent at 32,418, a gain of 231 points. (37-0)

Board of Power Finance Corporation approves scheme of amalgamation

2017-10-03 indiainfoline
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Redemption of Debentures of Power Finance Corporation Ltd.

2017-10-03 indiainfoline
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Tata Motors bags contract to provide 10,000 electric cars to EESL

2017-09-29 moneycontrol
Energy Efficiency Services Limited (EESL) on Friday said that it will procure 10,000 electric vehicles from  Tata Motors after the latter emerged as the lowest bidder in a competitive bidding process. (3-0)