Morning News Headlines
  • posted by IMV |
  • 20/2/2020

  MONEYCONTROL • Kotak Mahindra Bank: The lender said the Reserve Bank has granted its final approval for reducing promoters' stake in the bank to 26 percent. • Vodafone Idea: Brickwork Ratings has downgraded the rating on the company's non-convertible debentures, aggregating to Rs 2,500 crore, from 'BWR BBB-' to 'BWR BB-'. • Jayant Agro-Organics: CRISIL has revised the company's long-term ratings as 'CRISIL...

Morning News Headlines (19th Feb 2020)
  • posted by IMV |
  • 19/2/2020

 MONEYCONTROL • Shree Cement: Shree Cement to replace Yes Bank in Nifty 50 w.e.f March 27. • Oil India: Stock will stop trading in Futures & Options segment with effect from May 4. • SBI: SBI Cards IPO to be launched on March 2, offer price likely to be Rs 745-775 per share - CNBC-TV18 sources. • Balkrishna Industries: HDFC MF sold 2.07 percent stake in company on February 17. • HCL...

MORNING NEWS HEADLINES  (18th Feb 2020)
  • posted by IMV |
  • 18/2/2020

 MONEYCONTROL • JSW Energy: Company will buy 1,050 MW GMR Kamalanga Energy for Rs 5,321 crore. • KPI Global: Company bags order for executing solar power project of 900KW capacity from JPB Fibers, Surat. • Orissa Minerals: Belkundi Iron & Manganese Mine gets the nod for iron ore production and Manganese Ore enhancement in Odisha. • Lloyds Metals and Energy: Company on Feb 20 to consider...

Morning News Headlines (17th feb 2020)
  • posted by IMV |
  • 17/2/2020

MONEYCONTROL • Vodafone Idea: The company received letters from DoT directing immediate payment. Currently assessing amount the company will be able to pay DoT towards AGR dues as interpreted by the Supreme Court. The company proposes to pay the amount so assessed in the next few days. • Granules India: USFDA completed inspection of the company's Hyderabad unit with 2 observations. • Bharti Airtel: Bharti Airtel has...

Morning News Headlines (14th Feb 2020)
  • posted by IMV |
  • 14/2/2020

MONEYCONTROL • Vodafone Idea: Posts a loss of Rs 6,453.2 crore for the December quarter of FY20 against a loss of Rs 5,004.6 crore posted in the corresponding quarter of the previous financial year. • Avenue Supermarts: Floor price for OFS set at Rs 2,049 per share, promoters to sell up to 1.48 cr shares. • Future Retail: Q3 profit dips 16.7 percent to Rs 165 cr, revenue declines 3.3 percent to Rs 5,193.2 cr YoY....

Morning News Headlines (13th feb 2020)
  • posted by IMV |
  • 13/2/2020

 MONEYCONTROL • Ashok Leyland: Q3 profit falls 93% to Rs 27.7 cr, revenue dips 36.5% to Rs 4,015.6 cr YoY. • Torrent Power: Q3 profit rises 77% to Rs 419.4 cr, revenue declines 5.4% to Rs 3,079 cr YoY. • NBCC: Q3 profit slips 40.8% to Rs 49.5 cr, revenue falls 20.9% to Rs 1,930 cr YoY. • Pricol: Q3 loss at Rs 55.1 cr versus a loss of Rs 13 cr, revenue dips 14.3% to Rs 286.13 cr YoY. • Yes Bank:...

Morning News Headlines (11th Feb 2020)
  • posted by IMV |
  • 11/2/2020

 MONEYCONTROL • ITC: Company hiked prices across various lengths of cigarettes by 10-12 percent - Source CNBC-TV18. • Chalet Hotels: Q3 profit jumps 126 percent to Rs 33.4 cr, revenue rises 12.4 percent to Rs 278.1 cr YoY. • Oil India: Q3 profit dips 35.2 percent to Rs 406.4 cr, revenue slips 5.5 percent to Rs 2,952 cr QoQ. • Bombay Dyeing: Q3 profit at Rs 162.4 cr versus the loss of Rs 159.3 crore, revenue...

Morning News Headlines (10th Feb 2020)
  • posted by IMV |
  • 10/2/2020

 MONEYCONTROL • Cipla expands women's health portfolio through the acquisition of 4 key brands from Wanbury. • J&K Bank board approves raising up to Rs 500 crore via a share issue to the government. • Yes Bank: Lender gets shareholders' nod to raise up to Rs 10,000 cr via equity share issuance/convertible securities. • Tata Steel: Q3 consolidated loss at Rs 1,228 cr vs profit of Rs 1,753.1 cr, revenue...

Morning News Headlines (7th Feb 2020)
  • posted by IMV |
  • 07/2/2020

 MONEYCONTROL • Wipro: Company bagged multi-year strategic IT deal from Marelli. • Hero MotoCorp: Q3 profit rises 14.5 percent to Rs 880.4 cr, revenue drops 11 percent to Rs 6,996.7 cr YoY. • Aurobindo Pharma: Q3 profit dips 1 percent to Rs 705.3 cr, revenue rises 11.9 percent to Rs 5,895 cr YoY. • Bata: Q3 profit rises 13.6 percent to Rs 117.2 cr, revenue increases 6.5 percent to Rs 829.6 cr YoY. •...

Morning News Headlines (6th Feb 2020)
  • posted by IMV |
  • 06/2/2020

 MONEYCONTROL • Cadila Healthcare: Q3 profit down 26.8 percent to Rs 373.9 crore, revenue up 1.7 percent to Rs 3,638.1 crore YoY. • Brigade Enterprises: Q3 profit down 31.6 percent to Rs 40.9 crore, revenue down 19.7 percent to Rs 552.2 crore YoY. • HPCL: Q3 profit down 29 percent to Rs 747.2 crore, revenue up 16.2 percent to Rs 70,749.4 crore QoQ. • Ajanta Pharma: Q3 profit jumped 61 percent to Rs 108...