Digital News World

General Electric is slashing its dividend 50% as new CEO John Flannery comes clean about the conglomerate's woeful performance and its unrealistic investor forecasts.
The Judge’s stated reason for a gag order is to ensure that Manafort and Gates get a fair trial. Its real effect may be to favor the prosecution and prejudice the defendants, while leaving surrogate
The Judge’s stated reason for the gag order is to ensure that Manafort and Gates get a fair trial. Its real effect may be to favor the prosecution and prejudice the defendants, while leaving surroga
Uber has signed a billion dollar deal with Japan’s SoftBank and other investors which could take it closer to a stock market float in the near future.
Business leaders from Europe will meet with Prime Minister Theresa May to discuss the future of UK-EU trade post-Brexit.
Seven Islands Shipping is a liquid sea-borne logistics company
While crude oil prices for both major benchmark Brent and WTI have been rising, analysts say that with difference in both types of oil price is also widening which has increased demand for shale oil f
overall assets under management (AUM) rose 32% since November 2016, the equity AUM grew by 46% after the note ban
The betting giant said revenues rose 3 per cent in the four months to the end of October, with digital revenues increasing by 12 per cent.
This is also the carrier's highest ever second quarter profit.
The company's market valuation also fell by Rs 860.89 crore to Rs 3,024.11 crore
Investors are advised to remain cautious and focus on stock specific opportunities. Bulls will only be able to gain momentum when Nifty climbs back above 10,350 levels. However, if the weakness pers
The benchmark BSE Sensex ended the session down by nearly 300 points, breaking a 2-day gaining spree, due to fall in heavyweighs like Adani Ports, Coal India, L&T and RIL. According to brokers...
Decision would help farmers in Chhattisgarh to earn Rs 1,850 per quintal for common grade and Rs 1,890 for 'A' grade variety of paddy
The rupee weakened 65.51 against the dollar today on fears that the tax rate decision of the GST Council will have a revenue implication of Rs 20,000 crore annually. Strengthening of dollar agains...
Uncertainty over a US tax reform deal pushed world stock markets further away from recent record highs on Monday, while Britain's pound fell on growing concern about the future of Prime Minister Ther
The benchmark BSE Sensex was trading down by nearly 300 points at the pre-close session due to heavy selling in metal, consumer durables, capital goods and realty stocks as caution set in ahead of CP
Heavy losses in utility EDF after a profit warning and other disappointing company updates weighed on European shares on Monday, while a weaker pound helped the FTSE outperform. EDF fell 8 per cent..
The dollar edged higher on Monday as last week's spike in US bond yields supported the currency, with sterling -- battered by political headwinds -- the biggest loser. Sterling was down 0.7 per ce...
Oil trading was cautious on Monday amid ongoing tensions in West Asia and after a rising rig count in the United States suggested producers there are preparing to increase output. Brent crude futur..
The stock surged 10% to Rs 548 in noon deal, extending its Friday's 9% surge on the NSE.
Gold prices recovered by Rs 75 to Rs 30,525 per 10 grams at the bullion market today due to firm global trend and fresh buying by local jewellers. Silver also rebounded by Rs 150 to Rs 40,550 per k..
The housebuilder said the second half of its year had been positive and that the situation in London, where prices have been falling in recent months, remained ‘stable’.
Gold prices drifted in a narrow range on Monday, but held near the previous session's low, pressured by a firmer dollar and expectations of a series of interest rate hikes by the US Federal Reserve t
Jai Prakash Asssociates, Jindal Steel Power, MM Financial Services, Amara Raja Batteries and Balkrishna Industries were the to Sensex gainers while Axis Bank, Avanti Feeds, Balkrishna Industries,
The benchmark BSE Sensex was trading down by nearly 150 points as caution set in ahead of CPI inflation data to be released later today. Domestic sentiment was dampened due to West Asian crisis an...
Footwear retailer Khadim India will list on the bourses on Tuesday following the conclusion of its Rs 543-crore initial public offer last week. Khadim India’s IPO was subscribed 1.90 times during t
Analysts had recommended that investors avoid New India's IPO due to its steep valuations
The net proceeds from the issue are to be utilised towards payment of loans and general corporate purposes
The stock locked in upper circuit for the second day in a row, up 10% at Rs 15.22 on the BSE, after media report suggested that the company has received interest from 18 bidders.
This is the fourth straight quarter of loss for the company
City experts said the loss-making firm remains ‘precarious’ since it warned late last month that it would delay its financial accounts, which were due to be released tomorrow.
Shares of Reliance Communications tumbled over 14 per cent on Monday after the company posted a consolidated loss of Rs 2,709 crore in the second quarter ended September. The stock slumped 13.87 pe..
PPFAS Mutual Fund is planning to launch a liquid fund scheme in April 2018, the fund's chief investment officer, Rajeev Thakkar, has said. He was speaking at the mutual fund's fourth annual genera...
The stock was locked in upper circuit of 20% at Rs 5,401, also its 52-week high on the BSE.
Gold prices edged higher by 0.06 per cent to Rs 29,508 per 10 grams at the futures trade today as speculators raised their bets amid a firm trend overseas. At the Multi Commodity Exchange, gold for..
Silver prices moved up by 0.21 per cent to Rs 39,591 per kg at the futures trade today as traders widened their exposure, in line with a firm trend overseas. At the Multi Commodity Exchange, silver..
Shares of Coal India hit over 5-week low on weak Q2 results. The stock fell as much as 3.5 per cent to Rs 274.40, lowest since October 6. Coal India Ltd had on Saturday posted a 40 per cent drop in..
The top Nifty losers were BPCL which slumped 2.81 percent followed by Coal India which fell 2.78 percent. ONGC, Bosch and HDFC were the other top Nifty losers.
The Sensex and Nifty were trading marginally down as caution set in ahead of CPI inflation data to be released later today. Domestic sentiment was dampened due to West Asian crisis and rising oil ...
Shares of Larsen & Toubro dropped as much as 4.5 per cent to Rs 1,208.20 on muted growth guidance The company had on Saturday reported 26.2 per cent rise in net profit for the second quarter, ...
Shares of Axis Bank hit 13-1/2-month high on capital raising plan. The stock jumped as much as 3.6 per cent to its highest since September 23, 2016. Axis Bank had on Friday said it proposes to rai...
Shares of State Bank of India, the country's top lender, rose as much as 3.4 per cent to Rs 344.80, making it the top percentage gainer on the NSE index. Robust growth in other income coupled with...
Shares of BPCL fell as September-quarter profit missed street views. The stock fell as much as 3.6 per cent, posting its biggest intraday percentage loss since September 26. The company's Septemb...
The stock surged 20% to Rs 895, also its record high on the NSE after DSP Blackrock Mutual Fund bought more than one percentage point stake in the company through open market
The stock gained nearly 4% to Rs 345 in intra-day trade, extending its Friday's 6% surge on the BSE
Royal Orchid Hotels hit a 52-week high of Rs 156, up 16%, and Speciality Restaurants rallied 8% to Rs 127 on the BSE in intra-day trade
L&T Hydrocarbon Engineering has secured a Rs 1,267-crore offshore contract from ONGC. “L&T Hydrocarbon Engineering, a wholly-owned subsidiary of Larsen and Toubro, has bagged an offshore co
State-run New India Assurance Co Ltd's shares fell as much as 10 per cent on their trading debut on Monday, following an initial public offering (IPO) that saw the government and company raise a comb
Diversification across sectors to benefit from govt policies, relative attractiveness to benchmark indices will draw investors to the NFO, says MD & CEO of ICICI Prudential AMC
State Bank of India which was up close to 3 percent while Mahindra Mahindra was up 2.32 percent. Tech Mahindra, Tata Consultancy Services and Axis Bank were the other top Nifty gainers.
Telecom carrier Idea Cellular Ltd posted its fourth straight quarterly loss on Monday, as it struggled with the aggressive pricing structure brought in by an upstart rival. Idea Cellular posted a ...
Shares of Reliance Communications Ltd plunged as much as 12.1 per cent on Monday as the company posted a fourth straight quarterly loss as it struggles with a heavy debt load and a price war started
The Sensex and Nifty were trading marginally down due to weak global cues and as investors remain disappointed with the September factory output data. However, the losses were capped as the GST Co...
The ETF will invest in 22 stocks from CPSE, SUUTI and PSU Banks listed on BSE of which 19 will be public sector companies
The telecom firm posted its fourth straight quarterly loss on Monday
The stock listed at Rs 749, 6% below its issue price of Rs 800 per share offered to QIBs and NIIs. The company issued shares at Rs 770 to retail individual investors and eligible employees
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