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Since the demand environment across the country is slowly improving, the Street was anticipating a healthy volume growth. Graphic: Prajakta Patil/Mint

Thu, Apr 19 2018. 01 54 PM IST

ACC: Healthy volume growth, lower overhead expenses save the day

ACC’s cement volumes in the March quarter grew 8% to 7.11 million tonnes, thanks to better demand in one of its key markets of eastern India

BSE Sensex and NSE’s Nifty 50 closed higher on Thursday. Photo: Mint

Thu, Apr 19 2018. 09 27 AM IST

Closing bell: Sensex gains 95 points, Nifty above 10,550, metal stocks shine

BSE Sensex closed higher by 95.61 points at 34,427.29, while the Nifty 50 ended 39.10 points up at 10,565.30. Here are the highlights from the markets

Lemon Tree Hotels aims to become India’s second largest hotel operator by the end of next year.

Thu, Apr 19 2018. 02 21 AM IST

Lemon Tree Hotels plans to go asset-light, monetize brand

Lemon Tree Hotels Ltd plans to lease and operate hotels under its brand rather than build new ones on its own

Existing investors in Magma Fincorp include Indian private equity firms True North and ChrysCapital and World Bank arm International Finance Corp. (IFC), among others.

Thu, Apr 19 2018. 02 02 AM IST

Magma Fincorp raises Rs500 crore through QIP

Shares in the Magma Fincorp QIP were issued at Rs155 apiece to investors such as Amansa Holdings, Goldman Sachs India, HDFC Standard Life Insurance and ICICI Prudential

Before Avtec, Warburg Pincus exited its India investments of Lemon Tree Hotels, Nhava Seva, Capital First and AU Small Finance Bank. Photo: Bloomberg

Thu, Apr 19 2018. 12 21 AM IST

Warburg set to exit Avtec, sell 30% stake to CK Birla Group

Warburg Pincus’ stake sale in Avtec Ltd to promoter CK Birla Group will value the maker of engineering firm at around $125-150 million

Photo: iStockphoto

Wed, Apr 18 2018. 08 46 PM IST

Consider liquid funds for short term investments of 6-9 months

Even among debt funds, some schemes could be considered risky (like gilt and credit risk funds); liquid and ultra short-term funds are safer

Markets ended marginally lower on Wednesday after nine consecutive sessions of gains owing to a fag-end rush among investors to unwind bets amid sustained foreign fund outflows. Photo: Hindustan Times

Wed, Apr 18 2018. 05 55 PM IST

Sensex, Nifty snap 9-day winning streak on profit booking

The 30-share BSE Sensex shed 63 points to end at 34,331.68, while the broader NSE Nifty finished 22.50 points lower at 10,526.20.

A protest against the Kathua rape case in Ahmedabad on Monday. Businesses have a profound impact on society and business executives have a responsibility towards society. Photo: Reuters

Wed, Apr 18 2018. 08 09 AM IST

The Kathua rape case tests our workplaces too

HR departments are up to the mark when dealing with sexual harassment against women in the workplace but are found lacking when it comes to more complex social issues

Cement prices across the country saw a modest price rise in April.

Tue, Apr 17 2018. 08 39 AM IST

Will the cement sector regain its pricing power anytime soon?

Cement prices have failed to sustain at higher levels because real estate activity, especially from the housing segment, is still in the doldrums

LIC’s record profit booking is a positive signal for the market if the insurer enhances its stock market investments at the same time. LIC bought equities, including shares and mutual funds, worth Rs80,000 crore in FY18. Photo: Ramesh Pathania/Mint

Mon, Apr 16 2018. 07 21 PM IST

LIC profit booking rises to record Rs25,000 crore in FY18

LIC held equity assets (including shares and mutual funds) worth Rs5 trillion at the end of December, and the trading profits are 5% of assets under management

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