The Business Standard's Smart Investor (SI) reports focus on in-depth analysis and timely news concerning strategic investment trends, business deals, and financial manoeuvres within the corporate world.
The Business Standard's Smart Investor (SI) reports focus on in-depth analysis and timely news concerning strategic investment trends, business deals, and financial manoeuvres within the corporate world.
The company has upped its full year guidance, expecting revenues of $7.45 billion for the current financial year 2012-13.
BSE-IT lead gains while FMCG, Healthcare drop
FMCG majors HUL and ITC have plunged between 2-3%
Tata Motors, ONGC, CIL among gainers
BSE-IT lead gains on BSE after better-than-expected Infosys Q3 results
Tata Motors was the top mover among Sensex stocks - up 3% at Rs 336
BSE Auto, PSU and Oil & Gas indices have surged by nearly 1% each
BSE- mid-cap & small-cap underperformed benchmark indices
Infosys soars 13% in opening deals
BSE- mid-cap & small-cap underperformed benchmark indices
Positive Asian cues to aid risk-on sentiments
Government currently holds 80.40% stake in EIL, expect to raise about Rs 766 crore via FPO or OFS.
The cabinet has deferred the proposal due to the absence of Heavy Industries and Public Enterprises Minister Praful Patel in the meeting.
Share of company engaged in aluminium business has tanked 28% in past two trading session with no buyers on the counter.
Infosys has rallied 13% to Rs 2,628, its sharpest single day gain in past one decade on the Bombay Stock Exchange.
The government is likely to raise diesel and subsidized liquefied petroleum gas prices in a phased manner.
The board of directors of the company will meet on January 15, 2013, to consider proposal for issue of rights equity shares.
The stock has rallied 20% in past one month compared to 1.4% rise in BSE benchmark index Sensex.
The offer had received bids for 720,621 crore shares against the 1.51 million shares offered, BSE data shows.
The company said it has taken a call on rationalizing its employee costs/removing non-performers in the overall interest of the company.