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.
Wipro top Sensex loser, down 2%
Economic growth concerns and weakening rupee to put pressure
Reliance Ind, ICICI Bank, Tata Motors top Sensex losers
GDP growth for the Jan-Mar quarter stood at 5.3%
Metal and auto shares slip
Sensex, Nifty down over 1% each
ICICI Bank, SBI, Tata Motors top Sensex losers
Jet Airways, SpiceJet and Kingfisher Airlines are trading higher by 2-9%
Board approved to raise up to Rs 150 crore through issue of equity shares
In April, PNGRB had ordered IGL to cut network tariff by around 60% retrospectively from April 2008.
Declared second interim dividend of 60% i.e. Rs 0.60 per equity share
Posted net loss of Rs 13.9 crore in Q4FY12 against a net profit of Rs 70 crore in previous year quarter
Bharti Airtel, RCom and Idea Cellular bounces back more than 2% each from their intra-day lows
A combined 1.04 million shares have changed hands so far, against an average sub 200,000 shares that were traded daily in past two weeks
Reliance MF bought 457,405 shares at an average market price of Rs 158.88 through block deal
The board approved setting up of a subsidiary in USA to acquire companies in USA
Hindalco has rallied more than 5% on the BSE
ICICI recommended a dividend of Rs 16.50 & RIL announced a diviend of Rs 8.50 per equity share
The falling value of the rupee and high fuel prices were cited as major reasons for the higher losses
UBS cut its 12-month price target for Tata Motors to Rs 270 from Rs 320