India Business News Headlines

India Business News Headlines that can impact Stock Prices in India

Best Business News related to Stocks in India

Azim Premzi donated 7.5 Billion USD worth of Shares to Charity. 

Thu, 14/03/2019 - 17:42
Tue, 05/03/2019 - 20:37

Reliance Communication price decreased by 35%. Stock Price has fallen from 11.60 to 7.55. Prior to this Ericsson had filed petition before NCLT to invoke insolvency proceedings against Reliance Communications (RCom). Reliance Communications had approximately 42000 Crores Debt on its books.

Reliance Jio might be in race to buy couple of Reliance Communications wireless assets.

Mon, 04/02/2019 - 18:25

Dabur 2018-19 Q3 Net Profit : 366 Crores

Dabur 2017-18 Q3 Net Profit : 332 Crores

Thu, 31/01/2019 - 23:48

CLSA Maintains Buy on NTPC. NTPC is a good company to invest for long term relatively by seeing good profits by NTPC and relatively valuation. However if government announces further disinvestment, there will not be any sharp raise in NTPC share price.

Thu, 31/01/2019 - 17:11

DHFL Share Price fall by 15% Plus after Government Launches Probe in 31000 Crore Rupees Fund Diversion Allegations.

However DHLF company denied the allegation that the funds are diverted and it can explain.

Thu, 31/01/2019 - 17:05

Indian Oil Corporation 2018-19 Q3 Net Profit : 716.8 Crores

Indian Oil Corporation 2017-18 Q3 Net Profit : 7883.2 Crores

Thu, 31/01/2019 - 15:46

TVS Motors 2018-19 Q3 Net Profit : 178 Crores

TVS Motors 2017-18 Q3 Net Profit : 154 Crores

Thu, 31/01/2019 - 15:35

HCL Technologies 2018-19 Q3 Net Profit : 2014 Crores

HCL Technologies 2017-18 Q3 Net Profit : 1969 Crores

HCL Technologies 2018-19 Q2 Net Profit : 2154 Crores

Thu, 31/01/2019 - 14:39

Axis Bank 2018-19 Q3 Profit : 1680.8 Crores

Axis Bank 2017-18 Q3 Profit : 726.4 Crores


Axis Bank 2018-19 Q3 Gross Non-Performing Assets Ratio : 5.75%

Axis Bank 2018-19 Q3 Net Bad Loan Ratio : 2.36%

Thu, 31/01/2019 - 14:29

Bajaj Auto 2018-19 Q3 Profit : 1101.8 Crores

Bajaj Auto 2017-18 Q3 Profit : 952.4 Crores

Bajaj Auto 2018-19 Q3 Revenue : 7409.3 Crores

Bajaj Auto 2017-18 Q3 Revenue : 6387.6 Crores

Thu, 31/01/2019 - 14:13

NTPC 2018-19 Q3 Profit : 2385.4 Crores

NTPC 2017-18 Q3 Profit : 2360.8 Crores

 

NTPC 2018-19 Q3 Revenue : 24,120.4 Crores

NTPC 2017-18 Q3 Revenue : 20,774.4 Crores

 

NTPC Board announced bonus shares in the ratio of 1:5

 

Thu, 31/01/2019 - 14:05

ICICI Bank Net Profit in 2018-19 Q3 : 1604.9 Crores
ICICI Bank Net Profit in 2017-18 Q3 : 1650.2 Crores

ICICI Bank NPA in 2018-19 Q3 as a Percentage of Total Advances: 7.75%
ICICI Bank NPA in 2017-18 Q3 as a Percentage of Total Advances : 8.54%

Net Interest Income Earned in 2018-19 Q3 : 6875.3 Crores
Net Interest Income Earned in 2018-19 Q3 : 5705.3 Crores

ICICI Bank share rose by 5% as NPA numbers relatively improved.

Wed, 30/01/2019 - 20:58

Reliance Industries Profit for 2018-19 Q3 - 8928 Crores

Reliance Industries Profit for 2017-18 Q3 - 8454 Crores

Thu, 17/01/2019 - 18:59

Bajaj Pulsar 220 Sales in Nov-2018 recorded good growth when compared with Nov-2017.

Nov-2018 Sales of Bajaj Pulsar 220 : 6933

Nov-2017 Sales of Bajaj Pulsar 220 : 5207

Mon, 24/12/2018 - 21:40

Goldman Sachs Downgraded Hero MotoCorp from Neutral to Sell . Hero MotoCorp Stock has fallen by 4.2% on Dec-24-2018 when stock is downgraded to Sell from Neutral.

Mon, 24/12/2018 - 21:34

Power Finance Corporation is 240 Billion Rupees Market Value company. Rural Electrification Limited is 200 Billion Rupees Company. Both Power Finance Corporation and Rural Electrification Limited shares raised by 1% post the news. Cabinet Committee on Economic Affairs had given approval for Power Finance Corporation to acquire 52.63% of Rural Electrification Limited. Post the acquisition REC Ltd Management control will be taken by Power Finance Corporation. 

Power Finance Coporation provides loans to Power Sector Companies and Rural Electrification Limited is established to provide electricity to all rural areas. 

This step will help Central Government to achieve Disinvestment Target.

This step will help Central Government to achieve Fiscal Deficit target of 3.3% of GDP.

 

 

Fri, 07/12/2018 - 14:15

HCL Technologies Plunges by 6% after 1.8 Billion Dollar Acquisition of couple of Products from IBM.

The software products in scope represent a total addressable market of more than $50 billion and include:

  • Appscan for secure application development,
  • BigFix for secure device management,
  • Unica (on-premise) for marketing automation,
  • Commerce (on-premise) for omni-channel eCommerce,
  • Portal (on-premise) for digital experience,
  • Notes & Domino for email and low-code rapid application development, and
  • Connections for workstream collaboration.

HCL and IBM have an ongoing IP Partnership for five of these products.

 

Fri, 07/12/2018 - 12:48

HCL Technologies posted 25.34 Billion Rupees as Net Profit in Q2 of 2018-19. Revenues in Q2 is 148.60 billion rupees. Quarter on Quarter jump in Net Profit is 14.8 Percent and Revenues jump by 19.5 Percentage.

Tue, 23/10/2018 - 18:25

Government of India had proposed to merge Bank of Baroda, Vijaya Bank and Dena Bank. As part of it Dena Bank board meeting was held on Sep-24-2018. Dena Bank board has given its approval to merge with Bank of Baroda.

Tue, 25/09/2018 - 08:02

Infosys Acquired Fluido which is SalesForce Advisor and Consulting firm for 65 Million Euros (Approximately 75 Million USD). Fluido is the leading Salesforce consulting partner in the Nordics. In 8 years Fluido has grown to become the leading Salesforce partner in the Nordics employing over 200 experts and serving over 300 customers.

SalesForce is one of World's largest CRM available on Cloud. Fluido company has expertise in Salesforce Related Services, Solutions, Training. Acquisition Helps Infosys to gain global expansion in Nordics and also additional technical expertise in SalesForce related Services.

 

Sat, 15/09/2018 - 18:22
TCS is India's biggest software and IT Company reached 8 Lakh Crore INR Market Capitalization Value. Reliance Industry is first company to reach 8 Lakh Crore INR in India. Even in the World first Apple and Amazon reached 1 Trillion USD Market Cap Value. World is in Bull Run and is bit expensive especially for New Investors. Earlier we have written Article short term correction can be expected in less than next 6 months. This Stock Market is a cycle. Post a bull run when people start to become cautious, generally a short term correction will occur and this is general Trend. So New Investors be cautious. Try to understand the Share Market completely before investing now.
Mon, 10/09/2018 - 09:40
Mukesh Ambani setting up own production house will not be a good idea. Starting Web Streaming Video business is good idea. Has Youtube started its own Video Channels? Answer will be definitely it is not nice idea. He can tie up with others for win-win similar to Kroger tied up with Alibaba for expansion of business. Netflix is 160 Billion USD and its core business itself is Video streaming. Amazon Prime Video is side business for Amazon and it is not core business but Amazon will be getting Word of Mouth publicity because of this business and it is important for it as Amazon is on e-Commerce. Actually right thing for Mukesh Ambani is to start e-Commerce business as he has retail stores across India in two forms Reliance Super Markets and Reliance Malls which will sell electronic items. Starting e-Commerce will add more value to Reliance Business. Own production will not fetch much benefit but his Video Streaming Business will grow. Slowly he will tie up with some Production Channels. Already Hotstar.com in India has tied up with many TV Channels for Serials Video streaming,
Sun, 02/09/2018 - 22:47
Reliance Jio and Airtel tough competition started. Vodafone and Idea can not compete with Reliance Jio and Airtel as of now in India. Airtel has advantage of more network coverage in India when compared with Reliance. For Reliance the advatage is it is one among many businesses for them.
Sun, 02/09/2018 - 22:22
Wipro is India based Software Solutions Service Provider.
Sun, 02/09/2018 - 18:33
Ashok Leyland bags defence vehicle order is a very good news for Ashok Leyland. Generally by showing this work after delivering with excellent quality, they can attract more clients through out the world. Already Ashok Leyland is a great brand. So apart from buses, commericial vehicles now defence vehicles is going to join into portfolio of Ashok Leyland vehicles.
Sat, 25/08/2018 - 19:01

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