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Indian Hotels two years away from profit: CEO Rakesh Sarna
Tue, Apr 21 2015. 12 47 AM

Indian Hotels two years away from profit: CEO Rakesh Sarna

The operator of Taj Hotels Resorts and Palaces is taking steps to pare debt, build new hotels, says Sarna
Daiichi Sankyo to sell Sun Pharma shares
Tue, Apr 21 2015. 12 38 AM

Daiichi Sankyo to sell Sun Pharma shares

The Japanese firm holds around 9% stake in Sun Pharma, which it may sell entirely or partially
Higher zinc prices may ease stress on Hindustan Zinc’s profitability
Mon, Apr 20 2015. 11 54 PM

Higher zinc prices may ease stress on Hindustan Zinc’s profitability

The burden of all these costs resulted in operating costs rising by 21.7%, compared with the increase in revenue of 7.1%
CL Educate postpones IPO plans
Mon, Apr 20 2015. 06 16 PM

CL Educate postpones IPO plans

The company, which had filed a draft red herring prospectus in September with Sebi, is looking to raise Rs180-240 crore from the market
RIL shares fall 4.5% on profit-booking
Mon, Apr 20 2015. 03 53 PM

RIL shares fall 4.5% on profit-booking

Shares of RIL fell as much as 5.19%, the sharpest fall since 7 March 2014, in intra-day trade before closing 4.5% down
NMDC shares fall on iron ore price cut
Mon, Apr 20 2015. 12 43 PM

NMDC shares fall on iron ore price cut

Analysts say the price cut will put pressure on company’s margins as global prices are falling
FreeCharge investors get Snapdeal shares worth <span class='WebRupee'>Rs.</span>1,563 crore
Sat, Apr 18 2015. 01 26 AM

FreeCharge investors get Snapdeal shares worth Rs.1,563 crore

Jasper Infotech, which runs Snapdeal, issued preference shares worth roughly Rs.1,290 crore to four FreeCharge investors, according to documents with Registrar of Companies
Glenmark raises <span class='WebRupee'>Rs.</span>945 crore from Temasek
Sat, Apr 18 2015. 01 03 AM

Glenmark raises Rs.945 crore from Temasek

Glenmark will raise funds by issuing shares to Aranda Investments (Mauritius) and a wholly owned indirect subsidiary of Temasek
TCS, Mindtree shares drop after March quarter results miss estimates
Fri, Apr 17 2015. 04 34 PM

TCS, Mindtree shares drop after March quarter results miss estimates

Shares of TCS have fallen as much as 4.4%, while those of Mindtree were down 5%
Drop in TCS growth momentum is worrying
Fri, Apr 17 2015. 04 22 PM

Drop in TCS growth momentum is worrying

TCS’s revenue growth has fallen considerably short of the Street’s already toned down expectations

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