IOC stake sale: LIC to the rescue again as govt mops up Rs 9,300 cr
The stake sale managed to get total bids for Rs 11,107 crore for 28.74 crore shares, against the offer of 24.28 crore shares.
PFC stake sale fully subscribed, govt may get Rs 1,600 cr
PFC is the second public sector enterprise to be divested in the current fiscal under the government's disinvestment programme.
Sun TV Network ends 22% lower after govt denies security clearance for channels
Sun TV stock has crumbled 47 percent from its 52-week high level
NTPC, IOC trend down as govt approves stake sale
According to BSE data, the market capitalisation of NTPC stood at Rs 1,11,313.77 crore while that of IOC was Rs 79,321.21 crore as of today.
Jet Airways' shares rise over 4% on fund raising plans
At close, shares of Jet Airways ended 0.67 percent higher at Rs 412.60 on the BSE. During the day, it rose by 4.18 percent to Rs 427.
RIL shares climb over 4% on LIC stake hike, earnings optimism
The scrip ended the day with a gain of 4.39 percent at Rs 901.65 on the BSE. During the day, it surged 4.95 percent to Rs 906.50.
ITC shares tumble 5% as govt hikes excise duty on cigarettes
Other cigarette stocks also faced selling pressure. VST Industries fell by 3.79 percent, Golden Tobacco was down 3.21 percent and Godfrey Phillips India Ltd lost 1.79 percent on the BSE.
Rakesh Jhunjhunwala hikes stake in Polaris, scrip moves north on move
At 3.12 pm, the stock was trading 2.88 percent high at Rs 171.20 than last close. In the intra-day session so far, the share rallied between Rs 170.55 to Rs 177.40 when this report was being written.
Maruti's shares jump after sales rise in December
Following the release of strong sales numbers, shares of Maruti were trading 0.50 per cent higher at Rs 3,344 in an otherwise weak general market.
SBI share sale via QIP opens
SBI shares today closed almost flat at Rs 1,595.95 on the BSE.
Tata Motors down 4% after MD Karl Slym falls to death
Tata Motors fell almost 4 percent in the morning trade today following the news of its managing director Karl Slym's death.
All Ranbaxy drugs made in India banned from US, stock crashes 20%
Staff at the Toansa facility were found to have retested raw materials and other ingredients after the items failed analytical testing "in order to produce acceptable findings," and did not report or investigate the failures, the FDA said.<br /><br />
Investors need not worry about TCS stock, co still outperforms IT peers
The investor darling today recorded its worst percentage loss since October 17. However, the stock had rallied almost 10 percent in the run-up to its results so far in the year 2014.<br /><br />
HCL Tech hits record high on stellar Q3 earnings
Shares in HCL Technologies rose as much as 3.5 percent to a record high of Rs 1,377 after the company reported December-quarter consolidated net profit rose more than expected.<br /><br />
Ranbaxy shares dip further on US FDA concerns
Despite making a positive opening, shares of Ranbaxy Lab failed to sustain the momentum and fell by 2.13 per cent to Rs 429 on the BSE. On the NSE, the stock lost 2.31 percent to Rs 428.65.
JLR's record global sales makes Tata Motors stock a star performer today
In 2013, Land Rover sales rose 15 percent to 348,383 units while Jaguar nearly doubled its sales to 76,668 units. The Jaguar F-Type, the company's new sports car, and Land Rover's Range Rover Sport and Range Rover Evoque were favourites among buyers.<br /><br />
Telecom stocks tumble on CAG audit scare, down up to 4%
Telecom stocks today faced selling pressure, falling as much as 4.4 per cent, after the Delhi High Court held that the Comptroller and Auditor General of<br /><br /> India (CAG) can audit the accounts of private telecom operators under the relevant provisions of the law.
SBI gets shareholders' nod for Rs 11,500 cr QIP
The government's holding in the bank will not decline below 58 percent pursuant to the QIP.
Infosys set to overtake ITC as most influential stock in Sensex
Infosys is poised to overtake ITC as the stock with biggest weighting in the benchmark BSE Sensex and broader Nifty.<br /><br />
What Murthy magic? HCL Tech beats Infosys hands down
Shares of most Indian IT companies have been on the rise in the past few months, due to expectations of a rise in demand in the coming year. Most large and mid-size IT players have hinted at a marginal uptick in spending by clients and a rise in discretionary spending during 2014.<br /><br />