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Page 2606 - Business Finance

Fiat Chrysler new CEO will announce plans for organisation by end month

AMSTERDAM (Reuters) - Fiat Chrysler new CEO Mike Manley will announce his organisational plans for the car maker by the end of September, the group's chairman said at a shareholder meeting called to vote on the appointment of the new manager after former Chief Executive Sergio Marchionne's sudden death.

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Updated On : 07 Sep 2018 | 2:15 PM IST

Ashok Leyland opens electric vehicle facility at Ennore

: Hinduja Group flagship Ashok Leyland Friday inaugurated a new electric vehicle facility at its Ennore plant near here to commemorate the company's 70th anniversary. Design, prototyping, testing, and solutions design can be carried out at the commercial vehicle major's first integrated facility. "In our 70th year, we are laying the foundation of our future. The EV Centre in Ennore will give us the edge throughout the evolution of eMobility", company, Managing Director, Vinod K Dasari said. "Our plan is to start working on new product platforms in electric vehicles such as eLCV (light commercial vehicle), low floor city buses, last mile connectivity and power solutions products," he said. The in-house facilities cover testing for motors, battery modules and packs, power electronics laboratory. The facility is equipped with digital tools for manufacturing and field tracking. The centre along with the eMobTech centre located in IIT Madras Research Park in Adyar would be ...

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Updated On : 07 Sep 2018 | 2:10 PM IST

Ferrari to build a future as good as its past with new CEO - Chairman

AMSTERDAM (Reuters) - Under new CEO Louis Camilleri, Ferrari is determined to be as successful as it was under his predecessor Sergio Marchionne, the chairman of the Italian supercar maker told a shareholder meeting to approve Camilleri's appointment.

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Updated On : 07 Sep 2018 | 2:05 PM IST

IDBI Bank Ltd drops for fifth straight session

The stock is quoting at Rs 59.15, down 0% on the day as on 13:19 IST on the NSE. IDBI Bank Ltd jumped 5.25% in last one year as compared to a 16.47% rally in NIFTY and a 2.9% fall in the Nifty PSU Bank index.

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Updated On : 07 Sep 2018 | 1:50 PM IST

Jubilant Foodworks Ltd eases for fifth straight session

The stock is quoting at Rs 1407.2, down 0.69% on the day as on 13:19 IST on the NSE. Jubilant Foodworks Ltd jumped 103.28% in last one year as compared to a 16.47% rally in NIFTY and a 23.35% spurt in the Nifty FMCG index.

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Updated On : 07 Sep 2018 | 1:50 PM IST

Equity indices in green; weak global cues limit gains

The key Indian equity indices traded on a positive note on Friday afternoon amid a largely volatile trade, supported by a slight recovery in the rupee against the dollar.

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Updated On : 07 Sep 2018 | 1:45 PM IST
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Updated On : 07 Sep 2018 | 1:31 PM IST

RBI defends 72 rupee per dollar mark strongly - dealers

MUMBAI (Reuters) - The Reserve Bank of India (RBI) intervened heavily in the foreign exchange market on Friday, mounting a formidable defence of the 72 rupee to the dollar mark in a reversal of its light-handed approach in the last few weeks, dealers said.

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Updated On : 07 Sep 2018 | 1:25 PM IST

Biocon Ltd spurts 1%, gains for third straight session

The stock is quoting at Rs 669.6, up 1% on the day as on 12:49 IST on the NSE. Biocon Ltd is up 95.53% in last one year as compared to a 16.29% spurt in NIFTY and a 20.11% spurt in the Nifty Pharma index.

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Updated On : 07 Sep 2018 | 1:17 PM IST

Cadila Healthcare Ltd gains for third straight session

The stock is quoting at Rs 428.45, up 1.44% on the day as on 12:49 IST on the NSE. Cadila Healthcare Ltd is down 14.61% in last one year as compared to a 16.29% jump in NIFTY and a 20.11% jump in the Nifty Pharma index.

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Updated On : 07 Sep 2018 | 1:16 PM IST

Aurobindo Pharma Ltd soars 6.48%, up for third straight session

The stock is quoting at Rs 808.5, up 6.48% on the day as on 12:49 IST on the NSE. Aurobindo Pharma Ltd is up 9.4% in last one year as compared to a 16.29% gain in NIFTY and a 20.11% gain in the Nifty Pharma index.

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Updated On : 07 Sep 2018 | 1:16 PM IST

Steel Authority of India Ltd spurts 2.28%, up for third straight session

The stock is quoting at Rs 78.35, up 2.28% on the day as on 12:49 IST on the NSE. Steel Authority of India Ltd is up 24.17% in last one year as compared to a 16.29% gain in NIFTY and a 1.11% gain in the Nifty Metal index.

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Updated On : 07 Sep 2018 | 1:16 PM IST

Tata Steel Ltd gains for third straight session

The stock is quoting at Rs 616.2, up 2.65% on the day as on 12:49 IST on the NSE. Tata Steel Ltd is down 1.32% in last one year as compared to a 16.29% jump in NIFTY and a 1.11% jump in the Nifty Metal index.

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Updated On : 07 Sep 2018 | 1:16 PM IST

Jindal Steel & Power Ltd up for third consecutive session

The stock is quoting at Rs 218.65, up 3.19% on the day as on 12:49 IST on the NSE. Jindal Steel & Power Ltd is up 54.03% in last one year as compared to a 16.29% jump in NIFTY and a 1.11% jump in the Nifty Metal index.

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Updated On : 07 Sep 2018 | 1:16 PM IST

Network 18 Media & Investments Ltd up for third consecutive session

The stock is quoting at Rs 54.45, up 4.11% on the day as on 12:49 IST on the NSE. Network 18 Media & Investments Ltd is up 9.67% in last one year as compared to a 16.29% slide in NIFTY and a 11.41% slide in the Nifty Media index.

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Updated On : 07 Sep 2018 | 1:16 PM IST

Oracle Financial Services Software Ltd rises for third straight session

The stock is quoting at Rs 4167.15, up 2.31% on the day as on 12:49 IST on the NSE. Oracle Financial Services Software Ltd is up 17.51% in last one year as compared to a 16.29% jump in NIFTY and a 53.89% jump in the Nifty IT index.

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Updated On : 07 Sep 2018 | 1:16 PM IST

GAIL (India) Ltd gains for third straight session

The stock is quoting at Rs 372.7, up 1.94% on the day as on 12:49 IST on the NSE. GAIL (India) Ltd is up 30.74% in last one year as compared to a 16.29% jump in NIFTY and a 20.46% jump in the Nifty Energy index.

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Updated On : 07 Sep 2018 | 1:16 PM IST

Apollo Tyres Ltd soars 1.38%, Gains for third straight session

The stock is quoting at Rs 249.35, up 1.38% on the day as on 12:49 IST on the NSE. Apollo Tyres Ltd is down 1.21% in last one year as compared to a 16.29% gain in NIFTY and a 1.56% gain in the Nifty Auto index.

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Updated On : 07 Sep 2018 | 1:16 PM IST

Bharat Forge Ltd spurts 1.72%

The stock is quoting at Rs 680.4, up 1.72% on the day as on 12:49 IST on the NSE. Bharat Forge Ltd is up 17.21% in last one year as compared to a 16.29% spurt in NIFTY and a 1.56% spurt in the Nifty Auto index.

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Updated On : 07 Sep 2018 | 1:16 PM IST

Tata Motors-DVR soars 2.91%, rises for third straight session

The stock is quoting at Rs 148.4, up 2.91% on the day as on 12:49 IST on the NSE. Tata Motors-DVR is down 29.38% in last one year as compared to a 16.29% gain in NIFTY and a 1.56% gain in the Nifty Auto index.

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Updated On : 07 Sep 2018 | 1:16 PM IST