News

 

After remaining in jail for nine years, Purohit walks out

Aug 23 2017 | 39 mins ago

After remaining in jail for nine years, Lt. Col. Prasad S. Purohit walked out of the Taloja prison.

BHP Billiton to replace two directors in board shake-up

Aug 23 2017 | 41 mins ago

BHP Billiton unveiled a board shakeup that will see controversial director Grant King step down six months after joining the company amid concerns among investors.

Oil plunges on concerns of oversupply as Libyan output recovers

Aug 23 2017 | 1 hrs ago

Oil prices fell, weighed down by concerns of oversupply as Libyan output improves and as U.S. gasoline inventories rose despite the peak summer driving season.

OppenheimerFunds' stance on Infosys unaffected by CEO exit

Aug 23 2017 | 1 hrs ago

Embattled Infosys' third largest institutional investor OppenheimerFunds has said its views on the company have not been "materially" impacted by Vishal Sikka quitting.

Microsoft launches 'Project Brainwave' for real-time AI

Aug 23 2017 | 1 hrs ago

Microsoft has announced its Project Brainwave deep learning acceleration platform for real-time artificial intelligence (AI).

Indian Markets

 
  • SENSEX

    31,434.89 143.04   (0.46 %)
  • NIFTY

    9,797.25 31.70   (0.32 %)
sensex-box-shadowimg

Global Markets

 

Stocks In News

 

GMR

Plans to invest Rs 16,000 Cr for expansion of Delhi Airport

To double capacity of T1 & also increase capacity of T3

To Lay new runway & build new terminal over next 7 Yrs

APEX FROZEN FOOD IPO

Issue subscribed 0.4 times on Day 1

DLF

To review proposed sale status of Cyber Cities CCPS to GIC Affiliate (CCPS: Compulsorily Convertible Preference Shares)

Audit Committee to meet on Aug 25 to review status of CCPS sale

To take matters W.R.T Fundraising via NCDs/Debt instruments

Approves CCPS sale by Promoters in DLF Cyber City in Oct 2015

ORCHID PHARMA

Lakshmi Vilas Bank moves NCLT against Orchid Pharma

Co to challenge insolvency proceedings at NCLAT

Taken Rs 50 Cr loan from Lakshmi Vilas Bank which it failed to repay

Co hasn't made any payments towards lease since January 2016

Total lease rent paid by Co till May 2017 is Rs 20.6 Cr

BTVI Alert

ORCHID PHARMA

NCLT approves insolvency process against company

Co exploring legal recourse against NCLT Order

 

HDIL

Stichting depository apg EM equity pool buys 23.3 Lk shrs at Rs 58.76

Deal valued at Rs 13.7 Cr for stake 0.5%

CARE RATINGS Q1 REVIEW

Rating fees up 8% at Rs 61 Cr Vs Rs 56 Cr

Total Revenue up 1.2% at Rs 67.9 Cr Vs Rs 67 Cr

Operating Profit up 11% at Rs 38.4 Cr Vs Rs 34.5 Cr

Operating Profit margin up 210 bps at 62.6% Vs 60.5%

Net Profit up 16.4% at Rs 35.5 Cr Vs Rs 30.5 Cr

DCM SHRIRAM INDUSTRIES Q1 REVIEW

Net sales up 22.5% at Rs 494 Cr Vs Rs 403 Cr

EBITDA down 6.6% at Rs 56 Cr Vs Rs 60 Cr

EBITDA margin down 360 bps at 11.3% Vs 14.9%

Net Profit marginally down at Rs 32.5 Cr Vs Rs 32.8 Cr

GATI LTD Q1 REVIEW CONSOLIDATED

Net Sales up 0.3% at Rs 426.7 Cr Vs Rs 425.5 Cr

EBITDA up 42.5% at Rs 44.6 Cr Vs Rs 31.3 Cr

EBITDA Margin at 10.5% Vs 7.4%

Net Profit up 2.6x at Rs 18.3 Cr Vs 5.1 Cr

AHLUWALIA CONTRACTS Q1 REVIEW

Net Sales up 64.6% at Rs 504.2 Cr Vs Rs 306.3 Cr

EBITDA up 22.4% at Rs 55.1 Cr Vs Rs 45 Cr

EBITDA Margin at 10.9% Vs 14.7%

Net Profit up 35.3% at Rs 29.5 Cr Vs 21.8 Cr

Promoter shareholding down to 57.96% in June from 59.6% in March

twitter @BTVI