Online filing of forex transfer of shares starts from Aug 24

Last Updated: Friday, August 21, 2015, 21:34

The Reserve Bank on Friday said online filing of foreign currency transfer of shares will be operational from Monday next week to facilitate reporting of transactions under foreign direct investment.

Govt to sell 10% stake in IOC to raise Rs 9,500 crore on Monday

Last Updated: Friday, August 21, 2015, 18:35

In the biggest disinvestment this fiscal, the government will on Monday sell a 10 percent stake in nation's largest oil firm IOC to raise about Rs 9,500 crore.

SoftBank successor to buy $483 mn in Japan company's shares

Last Updated: Wednesday, August 19, 2015, 14:49

Nikesh Arora, who left a high-profile post at the Internet search giant last year, said he would buy 60 billion yen ($483 million) worth of SoftBank stock over the next six months.

China shares slump 6% leading losses across Asia

Last Updated: Tuesday, August 18, 2015, 16:59

Asian shares fell on Tuesday, with Shanghai leading the declines as investors doubted Beijing`s commitment to prop up shares while Bangkok slumped after a bomb attack in the Thai capital.

Hindalco slides nearly 3% as Q1 net plunges

Last Updated: Monday, August 17, 2015, 21:31

Shares of aluminium maker Hindalco today fell nearly 3 percent after the company reported a steep 67 percent drop in standalone net profit for the June quarter.

Punj Lloyd shares tank nearly 17% as Q1 net loss widens

Last Updated: Monday, August 17, 2015, 12:48

The company had reported a net loss of Rs 363.92 crore for the first quarter of the previous fiscal.

Cipla Q1 net profit zooms over two-fold to Rs 651 crore

Last Updated: Friday, August 14, 2015, 19:48

Drug major Cipla on Friday reported an over two-fold jump in its consolidated net profit to Rs 650.61 crore for the quarter ended June 30, 2015 mainly on account of robust sales.

DLF shares soar over 18% on Q1 numbers; m-cap surges Rs 3,722 crore

Last Updated: Friday, August 14, 2015, 17:09

Shares of realty firm DLF Ltd on Friday zoomed over 18 percent, adding Rs 3,721.6 crore to its market valuation, after the company saw an increase in total income in the April-June quarter.

Jet Airways shares fly high; surges 8% after Q1 earnings

Last Updated: Friday, August 14, 2015, 16:56

Shares of Jet Airways on Friday advanced by almost 8 percent after the company reported a consolidated net profit of Rs 226.4 crore for the first quarter ended June.

Tata Motors: Mistry says 'pained' for not paying dividend

Last Updated: Thursday, August 13, 2015, 21:50

Answering shareholders' queries and demands in this regard, Mistry said, "My personal belief is that it's a bad day for the company. I feel extremely unfortunate this day.