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Wipro’s Q2 profit rises 8%, lags estimates
Thu, Oct 23 2014. 12 51 AM

Wipro’s Q2 profit rises 8%, lags estimates

Revenue rose 8% to Rs11,816 crore from a year earlier; net profit fell 0.8% sequentially, while revenue rose 5%
Cairn India: the threat of lower crude prices
Thu, Oct 23 2014. 12 10 AM

Cairn India: the threat of lower crude prices

Cairn India is the only pure crude play in the country and therefore the movement in crude prices has a big bearing on it
Sensex closes up 211 points at near 1-month high
Wed, Oct 22 2014. 07 47 PM

Sensex closes up 211 points at near 1-month high

Nifty crosses 8,000 in intra-day trade; automakers surge on hopes of better sales in the festive season
Kotak Mahindra Bank net profit up 23%
Wed, Oct 22 2014. 12 58 PM

Kotak Mahindra Bank net profit up 23%

Net profit rose to Rs 717.93 crore in the three months ended 30 September from Rs 582.93 crore in the year earlier
Asian shares bask in glow of US tech earnings
Wed, Oct 22 2014. 10 49 AM

Asian shares bask in glow of US tech earnings

US Treasury yields rise, bolstering dollar; Apple, Texas Instruments results power Wall Street gains
Coca-Cola, IBM show shareholders punish CEOs with no-growth plan
Wed, Oct 22 2014. 09 30 AM

Coca-Cola, IBM show shareholders punish CEOs with no-growth plan

Shares of both Coca-Cola and IBM fell more than 6% this week following their respective earnings, underscoring failings in their strategies
Opening Bell 22 October | Global equities higher on encouraging earnings
Wed, Oct 22 2014. 08 06 AM

Opening Bell 22 October | Global equities higher on encouraging earnings

S&P 500 gained 1.96% to 1,941 on strong earnings and speculation ECB will boost stimulus to revive the economy
HDFC Bank’s growth now linked to loan book
Wed, Oct 22 2014. 01 17 AM

HDFC Bank’s growth now linked to loan book

The lender has been tight with operating expenses, but these rose close to one-fifth in Q2, which means profit growth would tend to closely follow loan growth
Govt merges NSEL with FTIL
Wed, Oct 22 2014. 12 34 AM

Govt merges NSEL with FTIL

Move, recommended by regulator FMC and a long-standing demand of NSEL investors, sent FTIL shares down 20%
Power, metal shares jump on coal reforms
Tue, Oct 21 2014. 12 49 PM

Power, metal shares jump on coal reforms

Coal India falls 2.3% after the govt’s move that will end state monopoly on coal

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