Rolta India: proxy advisory firms suggest forensic audit

Our Bureau

With the ongoing fracas between US-based research agency Glaucus Research and Indian tech... »

Analysts optimistic of TCS’ revenue growth

KS Badri Narayanan

Many expect the firm to perform in line with estimates in the upcoming quarters »

Fixed maturity plans: no capital gains at the time of rollover, says CBDT

K. R. Srivats 

It’s tax-payer friendly, analysts feel »

No going back on tax demand; FIIs should explore legal options: Shaktikanta

Revenue Secretary Shaktikanta Das. File Photo


Refusing to relent on a Rs 40,000 crore tax demand on foreign portfolio investors, the governmen... »

RCom plans bond return after failed debut


Reliance Communications has appointed DBS and Standard Chartered as joint global co-ordinators f... »


UBS cuts NSE target to 9,200


UBS has cut target for the NSE index to 9,200 from 9,600.It cited cuts in earnings estimat... »


FTIL case: Company Law Board hearing postponed to May 15


The Company Law Board has postponed till May 15 the hearing on the Ministry of Corporate Affairs... »


VRL Logistics gets best IPO response in eight years

Our Bureau

The initial public offering (IPO) of VRL Logistics received an overwhelming response from invest... »

Index outlook: Stormy weather ahead

Lokeshwarri SK

Bears wrested the advantage from the bulls after a brief lapse on Monday when both the Nifty and the Sensex managed to slip beyond their critical hurdles. But the pullback from the key s... »

‘Mindset change will help ensure effective board evaluation’


To ensure that the process of evaluating the performance of directors’ at companies is effective, there is a need for a “mindset” change, a senior SEBI official said today.Under the Compani... »
Broker's Call

TCS (Neutral)

Motilal OswalTCS (Neutral)CMP: ₹2,476.20Target: ₹2,700Over the past five years, TCS has led the incremental revenues as well as operating profits not just domesti... »

NHPC Limited

NHPC has informed the exchanges that the Ministry of Environment, Forests & Climate Change, has accorded approval for diversion of 4,577.84 ha of forest land in favour of the company. NH... »

C Mahendra board to meet for bonus issue

Shares of C Mahendra Exports will remain in focus on Monday, as its board of directors will consider a bonus issue. If ratified, this will be the maiden bonus issue from the company since... »

Eyes on LIC Housing results on Monday

Cimmco, Titagarh Wagons and LIC Housing Finance will announce their quarter- and year-ended March financial results on Saturday. Tata Sponge Iron, Hindustan Zinc, Ramco Systems, and recent... »

Kenya comes to the aid of tea stocks

Tea stocks such as Tata Global Beverages, Jayshree Tea & Industries, Harrisons Malayalam, McLeod Russel, and Dhunseri Tea & Industries, will remain in focus, thanks to a dry spell... »

Slack demand caps pulses’ rally

Our Correspondent

Slack demand at higher rate has arrested uptrend in pulse seeds and pulses in Indore mandis with masur (bold) on Friday declining to ₹5,750-5,800 a quintal, while masur (Madhya Pradesh) ruled at ₹... »

Orthodox tea prices dip at Kochi sale


Despite increased arrivals, the trend at the Kochi tea auctions was irregular and prices ruled lower especially for high-priced teas. Though the market opened on a steady note, the drop... »

Global equities near all-time highs despite Greek drama


Global equities were set for their third straight weekly gain on Friday, hovering near fresh all-time highs as cheap central bank cash kept buoying markets and offset fears that Greece may run out... »

Currency midday update for April 17

Nifty call: Go short with a stop-loss at 8,725

Nikkei drops to over 1-week low

Silver rates

Dollar hovers near 1-week low ahead of G20, US inflation

Crude oil futures fall on weak Asian cues, profit-booking

UBS cuts NSE target to 9,200

Muted TCS Q4 numbers pull CNX IT index down

Sensex closes down 224 points; TCS results spark concerns

Gold rises on renewed demand from stockists; silver drops


Gold prices firmed up after brief pullback at the bullion market here today on fresh bout of buying from stockists and retailers supported by seasonal demand. In contrast, silver remained... »

VRL Logistics gets best IPO response in eight years

Our Bureau

The initial public offering (IPO) of VRL Logistics received an overwhelming response from investors. The issue was subscribed 74 times on the final day of the IPO. This is the highest re... »

Cura Technologies drops merger move

The board of directors of Cura Technologies, formerly Softpro Systems, on Friday dropped a merger proposal. Earlier on March 23, the board had approved the proposal of merging Global Informa... »

Skipper on expansion drive

Skipper, which is in the process of expanding its PVC business throughout the country, has expanded its area of operations in the western market with 10,000 mt capacity in Ahmedabad. The com... »

Cotton wilts on slow offtake

Our Bureau

Cotton prices dropped on the spot market on slow demand from exporters and domestic mills. Moreover, speculative trend in the futures market also aided the downtrend. Gujarat Sankar-6 cotton dippe... »

Quality lends colour to turmeric

Our Correspondent

Spot turmeric prices increased in Erode markets due to the arrival of quality produce. “Most of the traders have received good number of demand from North India and so they are quoting a higher pr... »

Sugar unchanged for 5th day

Our Correspondent

Sugar prices ruled flat for fifth consecutive day as demand matched supply and activities remained routine. Continuous selling by producers and ample stocks at the Vashi wholesale market kept stoc... »

Mixed trend in edible oils

Our Correspondent

Edible oils prices ruled mixed for the second consecutive day tracking steady futures amid need-based demand. On the Bombay Commodity Exchange, groundnut, sunflower and rapeseed oil ruled steady.... »

Forex reserves dip by $2.6 b

Our Bureau

After rising three weeks on the trot, India’s foreign exchange reserves dipped $2.59 billion in the week ended April 10 to $340.41 billion. The decline was mainly on account of foreign cur... »

Technical forex report for April 17

Technical forex report for April 17, 2015 by Veracity Financial Services... »

No going back on tax demand; FIIs should explore legal options: Shaktikanta

Rolta India pares losses; gains over 1%

Currency daily report for April 17

Gold rates

MindTree shares fall as earnings miss expectations

RCom plans bond return after failed debut

FTIL case: Company Law Board hearing postponed to May 15

Sugar refiners fall on price concerns


Exchange Rate

Dollar Spot Forward Rate

Open-Ended Mutual Funds

MCX-SX Currency Futures

NSE Currency Futures

More Disclosures »

Comments to: Copyright © 2015, The Hindu Business Line.