Shares of Mukesh Ambani-led conglomerate Reliance Industries Ltd (RIL) were trading lower ahead of the firm’s December quarter earnings set to be announced today. RIL stock has remained almost unchanged…
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Sensex, Nifty flat in early trade; HUL, RIL, Hindustan Zinc tank up to 6%
Domestic equity indices opened on a muted note on Friday, little changed, amid the indecisive cues from the global peers. Indian headline peers seesawed between positive and negative zones as…
‘Will cooperate with CCI,’ says Google as SC tells tech giant to deposit 10% penalty amount
Tech giant Google has said that its operating system Android has benefited Indian users, developers, and original equipment manufacturers (OEMs) while adding that the operating system has played a pivotal…
Hindustan Zinc shares hit hard as co buys Vedanta’s Zinc Int’l assets. Expensive deal, say analysts
Shares of Hindustan Zinc plunged 9 per cent in Friday’s trade after the company said it would buy Zinc International’s assets from parent Vedanta. The announcement marred an other wise…
Mukesh Ambani 2nd-highest ranked CEO; top 10 dominated by Indian-origin executives
Mukesh Ambani has been ranked second in a list of top CEOs dominated by Indian-origin chief executives. The highest ranking woman CEO is Leena Nair, who heads luxury fashion brand,…
HUL new royalty payment still lower than Nestle, Colgate, say analysts. Here’re fresh price targets for stock
Hindustan Unilever’s (HUL) December quarter results were ahead of analyst estimates, but the hike in royalty payments was a slight negative. That said, even at 3.45 per cent royalty by…
Sebi conducts search, seizure operations in front running case
Capital market regulator Sebi on Thursday carried out search and seizure operations in a front running case involving people associated with market experts appearing on television, sources said. The search…
Stocks in news: Reliance Industries, PVR, Asian Paints, Bandhan Bank, HUL and more
Domestic equity indices snapped the two-day winning run and settled lower on Thursday amid weak global cues and select bluechip counters including IndusInd Bank, Asian Paints, Kotak Mahindra Bank and…
Reliance Industries, Bandhan Bank, JSW Steel, HDFC Life, LTI Mindtree: Q3 results previews
A host of companies including Reliance Industries (RIL), JSW Steel, HDFC Life, LTI Mindtree and Coforge are scheduled to report quarterly earnings. While RIL is expected to report a single…
Bengaluru-based Exotel fires 15% employees in latest layoff round
Exotel, a customer engagement platform based out of Bengaluru, has laid off 15 per cent of its employees in the latest lay off rounds, Business Today has learnt. In the…