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BSE Sensex retraces January levels

BSE Sensex retraces January levels

25-10-2020  comments

New Delhi (IANS) The BSE Sensex has retraced the levels of January-end in October after plunging in March due to the Covid-19 pandemic.

All eyes are on the benchmark indices if they can move up further to the highs of 42,273 points hit on January…

Cyberattack on Dr Reddy's Labs sharp reminder to strengthen digital infrastructure: Analysts

Cyberattack on Dr Reddy's Labs sharp reminder to strengthen digital infrastructure: Analysts

24-10-2020  comments

New Delhi (IANS) The cyberattack on Dr Reddy's Labs came as a sharp reminder to strengthen its digital infrastructure and tighten cyber security control measures, according to analysts.

According to a report by HSBC, damage control and…

Steady oil prices holds up any reversion in petrol diesel prices

Steady oil prices holds up any reversion in petrol diesel prices

24-10-2020  comments

New Delhi (IANS) The pump prices of auto fuels petrol and diesel remained unchanged on Saturday as softer global crude and product prices prevented oil marketing companies from carrying out any revision in prices.

With this, Petrol prices have…

Airtel Africa's Jul-Sep net profit down 8.8%

Airtel Africa's Jul-Sep net profit down 8.8%

23-10-2020  comments

New Delhi (IANS) Airtel Africa on Friday reported a fall of 8.8 per cent in its net profit on a year on year (YoY) basis at $88 million for the quarter ended September.

The company's revenue for the period under review was $965 million…

Flipkart to acquire 7.8% stake in Aditya Birla Fashion for Rs 1,500 Cr

Flipkart to acquire 7.8% stake in Aditya Birla Fashion for Rs 1,500 Cr

23-10-2020  comments

Bengaluru (IANS) Flipkart Investments will pick up 7.8 per cent stake in Aditya Birla Fashion and Retail Limited (ABFRL) with an investment of Rs 1,500 crore.

The equity capital will be raised at Rs 205 per share. The promoter and promoter…

Wipro, SAP collaborate to help organisations boost productivity

Wipro, SAP collaborate to help organisations boost productivity

22-10-2020  comments

Bengaluru (IANS) Wipro on Thursday announced it has entered into an agreement with enterprise application software provider SAP to offer advanced customer-specific content and training assets and boost productivity.

The collaboration will deliver…

Equity indices in red, healthcare stocks plunge

Equity indices in red, healthcare stocks plunge

22-10-2020  comments

Mumbai (IANS) The key Indian equity indices traded in the red on Thursday morning with the BSE Sensex trading over 130 points lower.

Heavy selling pressure was witnessed in the healthcare stocks. Auto and banking stocks also were largely on…

Sensex above 40,900; banking, finance stocks rise

Sensex above 40,900; banking, finance stocks rise

21-10-2020  comments

Mumbai (IANS) The key Indian equity indices gained on Wednesday morning with the BSE Sensex trading above 40,900 mark.

Healthy buying was witnessed in banking and finance stocks.

At 10.42 a.m., Sensex was trading at 40,909.76, higher…

Khadi launches footwear range, eyes Rs 1,000 cr share in market

Khadi launches footwear range, eyes Rs 1,000 cr share in market

21-10-2020  comments

New Delhi (IANS) Eyeing on the Rs 50,000 crore footwear market in India, Khadi Village Industries Corporation (KVIC) on Wednesday launched a range of footwear for men and women made of Khadi fabric and said that it plans to tap the Rs 1,000 crore…

Kirloskar Brothers promoters, directors found guilty of insider trading

Kirloskar Brothers promoters, directors found guilty of insider trading

21-10-2020  comments

Mumbai (IANS) The Securities and Exchange Board of India (SEBI) has found that the promoters and directors of Kirloskar Brothers Ltd (KBL) had violated norms on prohibition of insider trading as they traded in the scrip of KBL while in possession…

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