The country’s foreign exchange reserves jumped by a healthy $2.263 billion to $353.069 billion in the week to October 9, helped by rise in foreign currency assets, according to RBI data.In…
Posts tagged BL
Tea prices up in Kochi auction (16-10-2015)
Increased arrivals and a strong demand has spurted prices of several tea varieties at Kochi auctions this week.
With 91 per cent on offer getting sold in CTC dust varieties, the market wa…
Sensex surges 204 points; capital goods, bank stocks steal the show (16-10-2015)
Indian shares recovered from mild falls to end higher on Friday, posting their third consecutive weekly gain, as hopes for rising sales during the ongoing festive season lifted sectors such as aut…
SBI Mutual Fund’s AUM likely to cross ₹1 trillion-mark soon (16-10-2015)
Assets under management (AUM) of SBI Mutual Fund has crossed ₹98,000 crore and is soon likely to cross ₹1 trillion-mark, its managing director said today.
“At SBI MF, we have recently cro…
Edelweiss Financial Q2 net rises 21% at Rs 96 cr (16-10-2015)
Diversified financial services company Edelweiss Financial Services Ltd reported a 21 per cent increase in profit after tax in the September quarter to Rs 96 crore, from Rs 79 crore in Q2FY15. Tot…
Rupee trading a tad weak at 64.84 (16-10-2015)
The rupee was trading a tad weak at 64.84 in the evening session on sustained demand for the US currency among importers amid shrinking exports in September. Earlier, the rupee opened we…
SBI surges 3% on NSE (16-10-2015)
Banking shares were among the top gainers on the NSE at the close on Friday. State Bank of India was up 3.01 per cent at Rs 256.45 against Rs 248.95 at close yesterday.
Larsen & Toubr…
L&T spurts nearly 3% on BSE (16-10-2015)
Larsen & Toubro rallied further to emerge the top gainer on the BSE near the close on Friday. At 3.14 pm the share was trading at Rs 1,603.05, up 2.73 per cent on its overnight close at Rs 1,5…
MFs exposure to software stocks surges to Rs Rs 43,053 cr in Sept (16-10-2015)
Mutual fund managers continued to maintain bullish stance on software companies as they raised their total allocation in the sector to a fresh all time-high of over Rs 43,000 crore in September on…
Coffee Day IPO fully subscribed (16-10-2015)
The initial public offer of Coffee Day Enterprises, which runs the Café Coffee Day chain of coffee shops in the country, was fully subscribed half way through its third and final day. The Rs 1,150…