Information technology firm Oracle Financial Services Software spurted 8.60% to Rs 489.55. It topped the gainers in the BSE’s A group. The company will declare its Q3 results on 27 January 2009. Drug maker Cipla soared 7.98% to Rs 186.65. It was the second biggest gainer in A group….

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Stocks in news: Indian ADRs: Infosys down 5%, ICICI Bank down 4%, ICICI Bank down 4%, Tata Motors down 1% Alert: Interim Rail Budget on February 13 Results today: Edelweiss, HCL Tech, Indiabulls Fin, Punj Lloyd, Reliance Communication, RNRL, Tech Mahindra …

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Mumbai: Billionaire Mukesh Ambani-run Reliance Industries on Thursday beat market forecast to report better-than-expected profits on earning more than average margins on refining oil, despite extreme volatility in prices. Reliance posted a 10 per cent decline in net profit to Rs Rs 3,501 …

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MUMBAI: Indian equity benchmarks ended flat on Thursday after stock specific movement backed by earnings. Markets were marred by lack of participation as traders expected disappointing quarterly results from oil&gas major Reliance Industries. However, RIL earnings beat market expecta…

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NEW DELHI: The performance of Security and Exchange Board of India (Sebi) and other regulators such as Insurance Regulatory Development Authority (IRDA) may soon be put under scrutiny of the Comptroller and Auditor General (CAG) for their failure to detect irregularities in corporate gove…

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Yes Bank’s profit climbed 95% y-o-y, led by a 100% vault in non-interest income. Pre- provisioning profit grew an impressive 82.6% y-o-y even with steady margins and deteriorating asset quality. In a challenging environment, the Bank opted to slow down credit (27.2%) and deposits (21.2%…

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HDFC reported 3QFY09 results on 21 January 2009. Loan disbursals showed sustained growth (22% growth in cumulative ytd disbursals) while loan approvals became stringent (incremental approvals in the quarter was 8% lower than 3QFY08). …

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MUMBAI: High amount of volatility on the Indian bourses is likely Thursday ahead of index heavyweight Reliance Industries Q3 results. The cues are exceptionally contradicting – on the one hand, we have positive global markets and on the other, huge build up of short positions in ind…

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MUMBAI: In extremely choppy trade, National Stock Exchange’s 50-share Nifty tumbled 3.23 per cent to end at 2706.15 on Wednesday while Nifty January futures provisionally ended at a discount of 29 points to spot. “We don’t know how the situation will be in near term as t…

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Colombo: Leading airline service provider Kingfisher Airlines yesterday announced that it would offer flights to seven more international destinations over the next three months. Currently, Kingfisher offers international flights to just London and Colombo, Kingfisher Airlines Ltd vice-pr…

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