Sagar Investments
 
 
    BSE 26441.17 (+1.27%)   1416.95 (+0.90%)  532977.BO 0.00 (N/A)  532454.BO 0.00 (N/A)   227.80 (+0.55%)   605.10 (+1.85%)   2960.05 (+1.22%)   3313.6499 (+0.97%)  500425.BO 0.00 (N/A)   1020.00 (+2.33%)   891.65 (+0.72%)  500182.BO 0.00 (N/A)   147.00 (+5.23%)   1539.30 (+2.24%)  500209.BO 0.00 (N/A)   353.90 (0.00%)  500510.BO 0.00 (N/A)   3005.00 (+2.11%)   142.20 (+0.82%)   420.05 (+5.74%)   595.35 (+0.68%)  532703.BO 0.00 (N/A)  532704.BO 0.00 (N/A)  500325.BO 0.00 (N/A)  500376.BO 0.00 (N/A)  500112.BO 0.00 (N/A)  500570.BO 0.00 (N/A)   2427.00 (-0.73%)   560.65 (-0.91%)   (stocks delayed by 10 minutes)
    MF  BIRLA SUN LIFE EQUITY FUND-G     416.9    (2.05)       BNP PARIBAS MIDCAP FUND-G     19.897    (0.157)       DAIWA INDUSTRY LEADERS-G     12.78    (0.11)       FRANKLIN INDIA FLEXI CAP FUND-G     52.6157    (0.4196)       FRANKLIN INDIA HIGH GROWTH COMPANIES FUND-G     24.152    (0.1215)       IDFC PREMIER EQUITY FUND - REGULAR PLAN-G     59.9007    (-0.1046)       IDFC STERLING EQUITY FUND - REGULAR PLAN-G     30.8042    (0.1214)       MORGAN STANLEY A.C.E. FUND - REGULAR PLAN-G     20.697    (-0.161)       RELIANCE GROWTH FUND-G     691.3697    (0.3761)       RELIANCE REGULAR SAVINGS FUND - EQUITY OPTION-G     44.6537    (0.4157)       SBI CONTRA FUND-G     76.0629    (0.3561)       SUNDARAM SELECT MIDCAP FUND - REGULAR PLAN-G     268.6984    (0.0878)      
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Sagar Investments

407 Satyam Mall,
Nr Vishveshwar Mahadev,
Vastrapur, Ahmedabad. - 380 015
Gujarat India
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Pihas Parikh: 93270 00930 / 94281 23823
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Latest News
 
Date: 20/10/2014
It's time to wake APP and smell the coffee
It's time to wake APP and smell the coffee A tiny little app can do wonders for your business by driving up productivity and customer engagement in a cost-effective manner
Date: 20/10/2014
Why India's fuel reforms are a big deal
Why India's fuel reforms are a big deal The price of widely-used diesel was deregulated effective midnight of October 18, while natural gas prices will be raised to USD 5.61 per million metric British thermal unit from USD 4.20 on November 1, and revised every six months.
Date: 20/10/2014
Likely to achieve 2.75% NIM by FY17: LIC Housing Fin
Sunita Sharma Discussing the earnings, Sunita Sharma, Managing Director CEO, LIC Housing Finance, said September saw a very healthy loan growth and the lender has been able to recover developer NPLs worth Rs 132 crore with interest.
Date: 20/10/2014
Gujarat Narmada Valley Fertilizers appoints additional directors
Gujarat Narmada Valley Fertilizers appoints additional directors Gujarat Narmada Valley Fertilizers Chemicals has appointed Shri Piruz khambatta, Shri. Sunil Parekh and Dr Manjula Subramaniam as additional directors.
Date: 20/10/2014
Poddar Developers' director Dilip J. Thakkar resigns
Poddar Developers' director Dilip J. Thakkar resigns Poddar Developers Ltd has informed BSE that the Company have received the resignation letter of Mr. Dilip J. Thakkar from the Directorship of the Company.
Date: 20/10/2014
Gateway Distriparks' Q2 results on October 31, 2014
Gateway Distriparks' Q2 results on October 31, 2014 Gateway Distriparks Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on October 31, 2014, for approval of the un-audited financial results for the quarter ended September 30, 2014.
Date: 20/10/2014
Phoenix International's board meeting on November 11, 2014
Phoenix International's board meeting on November 11, 2014 Phoenix International Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on November 11, 2014, to consider, approve and take on record Un-audited Financial Results of the Company for the quarter period / half year ended September 30, 2014.
Date: 20/10/2014
Sharon Bio-Medicine: Outcome of board meeting
Sharon Bio-Medicine:  Outcome of board meeting Sharon Bio-Medicine Ltd has informed BSE that the Board of Directors of the Company at its Meeting held on October 20, 2014 has resolved and allotted 1,61,11,000 Warrants to the Promoter group on Preferential basis in compliance of SEBI (Issue Of Capital And Disclosure Requirements) Regulations, 2009.
Date: 20/10/2014
ONGC may test Rs 425-430: Hemant Thukral
Hemant Thukral Hemant Thukral of Aditya Birla Money is of the view that one may choose Bharat Petroleum Corporation and Hindustan Petroleum Corporation.
Date: 20/10/2014
MCX Silver March contract gains
MCX Silver March contract gains Silver prices on MCX gained on Monday. MCX Silver March contract was trading at Rs 39222 up Rs 47, or 0.12 percent.
Date: 20/10/2014
MCX GOLD February contract trades flat
MCX GOLD February contract trades flat GOLD prices on MCX were trading flat on Monday. MCX GOLD February contract was trading at Rs 27407 down Rs 29, or 0.11 percent.
Date: 20/10/2014
UltraTech Cement surges 5% on strong growth in Q2 earnings
UltraTech Cement surges 5% on strong growth in Q2 earnings Operating profit of the cement company spiked 29.2 percent year-on-year to Rs 877 crore and margin expanded by 120 basis points to 16.2 percent during the same period, but impacted by higher fuel and freight cost.
Date: 20/10/2014
Prefer Union Bank of India: hemant Thukral
Hemant Thukral Hemant Thukral of Aditya Birla Money is of the view that one may prefer Union Bank of India.
Date: 20/10/2014
Alkali Metals: Outcome of board meeting
Alkali Metals: Outcome of board meeting Alkali Metals Ltd has informed BSE that the Board of Directors of the Company at its meeting held on October 18, 2014, has promoted Mr. P. Sankara Rao as CFO of the Company with immediate effect.
Date: 20/10/2014
Orient Abrasives: Updates on outcome of AGM
Orient Abrasives: Updates on outcome of AGM Orient Abrasives Ltd has submitted to BSE a copy of the minutes of the 43rd Annual General Meeting (AGM) of the Company held on September 24, 2014.
Date: 20/10/2014
ONGC up 9%, OMCs rally: Brokerages advice how to trade now
ONGC up 9%, OMCs rally: Brokerages advice how to trade now Brokerages are positive on the oil gas sector. Deutsche Bank estimates reforms to drive FY14-17e earnings growth of up to 75 percent and return on equity (RoE) improvement by 200-500bps for state-owned oil companies.
Date: 20/10/2014
Diwali bonanza: Sensex rallies 400 pts; Axis Bank gains 2%
Diwali bonanza: Sensex rallies 400 pts; Axis Bank gains 2% ONGC, LT, HDFC and Axis Bank are top gainers in the Sensex. Among the losers are Infosys, Wipro, Reliance, BHEL and TCS.
Date: 20/10/2014
Motilal Oswal MF announces change in exit load structure
Motilal Oswal MF announces change in exit load structure Motilal Oswal MOSt Shares 10 Year Gilt Fund announces change in exit load structure, with effect from October 20, 2014.
Date: 20/10/2014
SBI Mutual Fund launches SBI Inflation Indexed Bond Fund
SBI Mutual Fund launches SBI Inflation Indexed Bond Fund SBI Mutual Fund launches SBI Inflation Indexed Bond Fund, an open ended debt scheme with the objective to generate capital appreciation and income through investment in inflation indexed Securities.
Date: 20/10/2014
Nifty reclaims 7900, Sensex strong; OMCs jump, IT falls
Nifty reclaims 7900, Sensex strong; OMCs jump, IT falls ONGC kept its top position in the buying list, up over 5 percent after the government raised natural gas price to USD 5.61 per mmbtu from USD 4.2 per mmbtu while oil marketing companies like IOC, HPCL and BPCL gained 4-6 percent after the government deregulated diesel price.
Date: 20/10/2014
Flipkart leases office space from Embassy in largest deal
Flipkart leases office space from Embassy in largest deal The lease contract is part of Flipkart's expansion plans as it will hire 12,000 people this year to beef up support and technology operations.
Date: 20/10/2014
'Diesel price cut to reduce WPI by 20bp in next 2 months'
'Diesel price cut to reduce WPI by 20bp in next 2 months' RBI may cut rates 2-3 quarters ahead of consensus expectations on the back of these developments, says Motilal Oswal.
Date: 20/10/2014
BSE Sensex up over 300 pts, Nifty strong; ONGC gains 7%
BSE Sensex up over 300 pts, Nifty strong; ONGC gains 7% ONGC is up 7 percent while Axis Bank, ICICI Bank and Tata Motors are top gainers in the Sensex.
Date: 20/10/2014
Subsidy burden seen at Rs 85,000 cr with fall in crude: IOC
B Ashok In an interview to CNBC-TV18, B Ashok, Chairman, IOC, said the gas price hike will benefit industry and economy as a whole and expects a higher competition going ahead.
Date: 20/10/2014
'Traders must position on long side with stop loss at 7850'
Sudarshan Sukhani Sudarshan Sukhani advises to keep volumes low and says market is unlikely to cross 8200 just yet.
Date: 20/10/2014
India approves plan to develop Iran's Chabahar port
India approves plan to develop Iran's Chabahar port The port of Chabahar in southeast Iran is central to India's efforts to circumvent Pakistan and open up a route to landlocked Afghanistan where it has developed close security ties and economic interests.
Date: 20/10/2014
Improved revenue, PAT seen on new gas price: ONGC
DK Sarraf In what comes as more positive news for the company, DK Sarraf, chairman, ONGC says the hiked prices will allow for further exploration and production.
Date: 19/10/2014
Young Turks Mentor with Vineet Nayar
Young Turks Mentor with Vineet Nayar The former CEO of HCL Technologies and Founder, Sampark Foundation, Vineet Nayar takes the hot seat on Young Turks Mentor. Catch Vineet with early stage entrepreneurs Anurag Prasad of 11 Estates and Kartik Arora of Bizarre Creations as he deep dives into their business plans and shares his journey from tech to philanthropy!
Date: 19/10/2014
Reinvented Nokia committed to growth in India: officials
Reinvented Nokia committed to growth in India: officials Nokia has Global Delivery Center (GDC) in Noida near Delhi and Chennai, India's largest telecom manufacturing facility, and Research and Development center in Bangalore
Date: 19/10/2014
Wipro Future Thought of Biz: A Runway into India‚??s Airports
Wipro Future Thought of Biz: A Runway into India‚??s Airports In this show we are putting the spotlight on the airport infrastructure sector in India.
Date: 19/10/2014
Auto industry gives thumbs-up to diesel price deregulation
Auto industry gives thumbs-up to diesel price deregulation On Saturday, in a much-awaited reform, the government deregulated diesel prices that resulted in a price cut of Rs 3.37 a litre. Retail rates of the fuel will now reflect international movement in oil prices.
Date: 19/10/2014
Tax sops key to success of Reits, says Sebi official
Tax sops key to success of Reits, says Sebi official Tax incentives are key to the success of Real Estate Investment Trusts (Reits) and Infrastructure Investment Trusts (InvITs), a senior Sebi official has said.
Date: 18/10/2014
Gas price fixed at $5.61/mmbtu, diesel cut by Rs 3.37/l
Gas price fixed at $5.61/mmbtu, diesel cut by Rs 3.37/l The government on Saturday has fixed new gas price at USD 5.61 per million british thermal unit (MMBTU), increased from USD 4.2 per mmbtu earlier, reports CNBC-TV18. It also reduced diesel price by Rs 3.37 per litre following decline in global oil prices in last few days.
Date: 18/10/2014
Gas price fixed at $5.61/mmbtu, diesel cut by Rs 3.37/l
Gas price fixed at $5.61/mmbtu, diesel cut by Rs 3.37/l The government on Saturday has fixed new gas price at USD 5.61 per million british thermal unit (MMBTU), increased from USD 4.2 per mmbtu earlier, reports CNBC-TV18. It also reduced diesel price by Rs 3.37 per litre following decline in global oil prices in last few days.
Date: 18/10/2014
IFCI's Rs 2000 cr NCD issue to open on October 20
IFCI's Rs 2000 cr NCD issue to open on October 20 State-run IFCI has come out with its public issue of secured, redeemable, non-convertible debentures of face value of Rs 1000 each for an amount aggregating up to Rs 2000 crore.
Date: 18/10/2014
Unichem Laboratories Q2 profit falls 38.4% to Rs 22.3 cr
Unichem Laboratories Q2 profit falls 38.4% to Rs 22.3 cr Net sales grew by 3.3 percent to Rs 274.9 crore in the quarter ended September 2014 from Rs 266.2 crore in same quarter last year driven by exports.
Date: 18/10/2014
Oberoi Realty Q2 profit rises 10% on lower operating cost
Oberoi Realty Q2 profit rises 10% on lower operating cost Consolidated net sales declined marginally to Rs 183.9 crore from Rs 185.5 crore during the same period due to lower sales in real estate business (that dipped to Rs 156.5 crore from Rs 162.4 crore Y-o-Y).
Date: 18/10/2014
Kolte Patil Q2 profit down 61% to Rs 13 cr on lower revenue
Kolte Patil Q2 profit down 61% to Rs 13 cr on lower revenue Net sales declined 16.4 percent to Rs 156.7 crore in the quarter ended September 2014 compared to Rs 187.4 crore in same quarter last year.
Date: 18/10/2014
Everest Industries turns profitable, Q2 net at Rs 3.4 cr
Everest Industries turns profitable, Q2 net at Rs 3.4 cr The company‚??s total income rose 23.55 percent at Rs 246.5 crore versus Rs 199.5 crore, Y-o-Y.
Date: 18/10/2014
Geojit BNP Paribas posts Q2 profit at Rs 20 cr
Geojit BNP Paribas posts Q2 profit at Rs 20 cr It consolidated net sales jumped 58 percent at Rs 70.3 crore versus Rs 44.4 crore, Y-o-Y.
Date: 18/10/2014
Force Motors Q2 net profit falls at Rs 25.7cr
Force Motors Q2 net profit falls at Rs 25.7cr The company's net sales increased by 27 percent at Rs 592.4 crore against Rs 465.7 crore, Y-o-Y.
Date: 18/10/2014
Persistent Systems Q2 profit rises 3.6%, $ revenue up 5%
Persistent Systems Q2 profit rises 3.6%, $ revenue up 5% Consolidated revenue rose by 6.7 percent quarter-on-quarter (up 7.4 percent on yearly basis ) to Rs 464.1 crore in the quarter ended September 2014 while dollar revenue climbed 5 percent on sequential basis (up 11.5 percent Y-o-Y) to USD 76.32 million in the quarter gone by.
Date: 18/10/2014
Expect HCL Tech to witness downtick by 2‚?ź4%: P Lilladher
Expect HCL Tech to witness downtick by 2‚?ź4%: P Lilladher According to Prabhudas Lilladher, HCL Technologies is expected to witness downtick by 2‚?ź4%, despite possibility of earnings upgrade as revenue moderation is key negative inline with expectation, says the report.
Date: 18/10/2014
Birla Sun Life Focused Equity Fund-Srs 2 announces dividend
Birla Sun Life Focused Equity Fund-Srs 2 announces dividend Birla Sun Life Focused Equity Fund - Series 2 announces dividend, the record date for dividend is October 22, 2014.
Date: 18/10/2014
Birla Sun Life Focused Equity Fund-Srs 2 announces dividend
Birla Sun Life Focused Equity Fund-Srs 2 announces dividend Birla Sun Life Focused Equity Fund - Series 2 announces dividend, the record date for dividend is October 22, 2014.
Date: 18/10/2014
Franklin Templeton MF announces dividend under 2 schemes
Franklin Templeton MF announces dividend under 2 schemes Franklin Templeton Mutual Fund announces dividend under Dividend Plan Direct - Dividend Option of Franklin India Opportunities Fund and Franklin India Infotech Fund, the record date for dividend is October 22, 2014.
Date: 18/10/2014
Franklin Templeton MF announces dividend under 2 schemes
Franklin Templeton MF announces dividend under 2 schemes Franklin Templeton Mutual Fund announces dividend under Dividend Plan Direct - Dividend Option of Franklin India Opportunities Fund and Franklin India Infotech Fund, the record date for dividend is October 22, 2014.
Date: 18/10/2014
Buy TCS; target of Rs 2860: Religare Capital
Buy TCS; target of Rs 2860: Religare Capital Religare Capital is bullish on Tata Consultancy Services (TCS) and has recommended buy rating on the stock with a target of Rs 2860 in its October 16, 2014 research report.
Date: 18/10/2014
Buy Federal Bank; target of Rs 155: ICICIdirect
Buy Federal Bank; target of Rs 155: ICICIdirect ICICIdirect.com is bullish on Federal Bank and has recommended buy rating on the stock with a target of Rs 155 in its October 17, 2014 research report.
Date: 18/10/2014
Equity NAVs gain as markets end higher ahead state results
Equity NAVs gain as markets end higher ahead state results Equity Mutual Funds ended positive as equity benchmarks closed off day's high ahead of Maharashtra and Haryana state elections results that will be announced on Sunday.
Date: 18/10/2014
Equity NAVs gain as markets end higher ahead state results
Equity NAVs gain as markets end higher ahead state results Equity Mutual Funds ended positive as equity benchmarks closed off day's high ahead of Maharashtra and Haryana state elections results that will be announced on Sunday.
Date: 18/10/2014
Govt approach on black money not adventurist, says Jaitley
Arun Jaitley The Government, Jaitley said in his Facebook post, "stands committed to detect the names, prosecuting the guilty and making them public. We are not going to be pushed into an act of adventurism where we violate the treaties and then plead that we are no longer able to get the cooperation of reciprocating states.
Date: 18/10/2014
Govt to buy IFCI preferential shares to up stake to 50%
Malay Mukherjee The public issue has a green shoe option under which the company can retain subscriptions up to Rs 2,000 crore.
Date: 18/10/2014
Amid global growth jitters, why India is in a sweet spot
Sanjeev Sanyal As growth appears to be coming off globally, economists argue India could benefit from it as commodity prices fall.
Date: 18/10/2014
Canara Bank says to raise up to Rs 850mn through share sale
Canara Bank says to raise up to Rs 850mn through share sale State-run Canara Bank said on Saturday that it will raise up to Rs 850 million rupees (USD 13.85 million) through selling shares to institutional investors or a preferential issue.
Date: 18/10/2014
Hero to launch two new scooter models in next one year
Hero to launch two new scooter models in next one year The company is also considering to scale up its monthly scooter production to 1 lakh units by January 2015 and 1.5 lakh units in the mid-term.
Date: 18/10/2014
Govt delays decision on iron ore licence to POSCO plant
Govt delays decision on iron ore licence to POSCO plant The Mines Ministry last week wrote to Odisha seeking clarity on how much of the mining land sought by POSCO was notified as an iron ore bearing area where commercial mining was allowed. Mining in non-notified areas needs more approvals than in notified areas.
Date: 18/10/2014
Storyboard: Journey of LK Saatchi Saatchi
Storyboard: Journey of LK Saatchi  Saatchi It's been nearly 9 months since Publicis owned Saatchi Saatchi acquired a majority stake in Law Kenneth, rebranding the agency as LK Saatchi Saatchi. How has the journey been so far? Storyboard editor, Anant Rangaswami, caught up with Saatchi Saatchi's Worldwide CEO, Kevin Roberts for answer.
Date: 18/10/2014
MEC's Charles Courtier Stephen Li talk shop
MEC's Charles Courtier  Stephen Li talk shop MEC's Global CEO, Charles Courtier and APAC CEO, Stephen Li were in India recently. Pavni Mittal of Storyboard caught up with them to understand India's growing importance for business, increasing investments in talent and how co-creation of content by media agencies is changing the nature of their business.
Date: 18/10/2014
Prime Property: Blackstone bets big on India
Manasvi Ghelani Blackstone has invested USD 1 billion to build India's largest commercial real estate empire in the last three years. Blackstone checked into India's second Four Seasons Hotel in Bangalore and is now believed to be shopping for two malls including Larsen and Toubro's in Chandigarh.
Date: 17/10/2014
Cabinet comm suggests cash-rich cos to help revive PSUs
Anshu Sharma The committee has suggested that cash-rich PSUs like ONGC and Coal India pool in funds towards the revival of sick PSUs.
Date: 17/10/2014
PAL Credit: Updates on outcome of AGM
PAL Credit: Updates on outcome of AGM PAL Credit Capital has submitted a copy of the minutes of 52nd Annual General Meeting of the Company held on September 19, 2014.
Date: 17/10/2014
Vallabh Poly appoints Michelle Sequeira as director
Vallabh Poly appoints Michelle Sequeira as director Vallabh Poly Plast International has informed that pursuant to the provisions of Companies Act, 2013 and Listing Agreement, the Board of Directors of the Company have appointed Ms. Michelle Sequeira as an Additional Director (Non Executive Director) of the Company with effect from October 14, 2014.
Date: 17/10/2014
Kewal Kiran Clothing declares second interim dividend
Kewal Kiran Clothing declares second interim dividend Kewal Kiran Clothing at its meeting held on October 17, 2014, has declared 2nd interim dividend at 75% i.e. Rs. 7.5/- per share on 1,23,25,037 equity shares of Rs. 10/- each for the financial year 2014-15 and that the date of payment of the said interim dividend will be on or after November 5, 2014.
Date: 17/10/2014
Gallantt Ispat: Update on outcome of board meeting
Gallantt Ispat: Update on outcome of board meeting Gallantt Ispat has now informed that the Company has repaid Term Loan to the Lenders in full. Hence, rating assigned to the Term loan has been withdrawn by India Ratings and Research, A Fitch Group Company. Therefore, the Company informed to consider rating as upgraded Long Term Debt: Withdrawn as Loan has been repaid in full.
Date: 17/10/2014
Disinvestment programme on track, schedule soon: FM
Arun Jaitley The government's Rs 43,425 crore disinvestment programme is on track and a schedule for sale of stake in state-owned firms will be announced shortly, Finance Minister Arun Jaitley said today.
Date: 17/10/2014
Coal production to be nearly 1bn tonnes in 4 yrs: Goyal
Coal production to be nearly 1bn tonnes in 4 yrs: Goyal The government has set an ambitious target of achieving coal production of nearly 1 billion tonnes in the next four years. "Coal production in the last four years has hardly been growing by 1-1.5 per cent. I have an ambitious target of nearly a billion tonnes in the next four years," Power and Coal Minister Piyush Goyal told reporters.
Date: 17/10/2014
India forex reserves up $1.3 bn to $312.737 bn
India forex reserves up $1.3 bn to $312.737 bn After falling for five straight weeks, the country's reserves rose by whopping USD 1.309 billion to USD 312.737 billion in the week to October 10, on account of rise in foreign currency assets, according to data released by the RBI today.
Date: 17/10/2014
IIFCL chief heads panel to deal with power sector woes
GS Sandhu As much as Rs 5 lakh crore investment is stuck in power projects on various reasons including raw material shortage. During the meeting, power producers made a detailed presentation to highlight the issues concerning the sector.
Date: 17/10/2014
India to pay Iran $500 mln as second part of oil deal: Srcs
India to pay Iran $500 mln as second part of oil deal: Srcs Indian refiners will pay USD500 million to Iran next week, the second installment in an interim deal that allows Tehran to recover part of overseas frozen oil revenues that are payments for oil it has sold, two industry sources said in Friday.
Date: 17/10/2014
Weekly Wrap: Global cues drag Sensex, Nifty; DIIs to rescue
Weekly Wrap: Global cues drag Sensex, Nifty; DIIs to rescue FIIs were net sellers of stocks worth Rs 2,968.55, according to provisional data while domestic funds and institutional investors bought stocks worth Rs 1,726.80 in the week
Date: 17/10/2014
Telenor Group completes 100% acquisition of Uninor
Telenor Group completes 100% acquisition of Uninor "Telenor Group has a long-term view on India, and we are encouraged by the strong growth of our Indian operation. The company continues to capture market share every month and is leading in new subscriber additions in many of its circles," Telenor Group Executive Vice President Sigve Brekke said.
Date: 17/10/2014
No-frill carrier IndiGo remains market leader
No-frill carrier IndiGo remains market leader The number of air travellers who flew in September was 58.22 lakh, an increase of close to 28 percent over the 45.55 lakh passengers during the same period last year, latest figures issued by the Directorate General of Civil Aviation (DGCA) showed.
Date: 17/10/2014
TCS vs Infosys vs HCL Q2: Which co fared best?
TCS vs Infosys vs HCL Q2: Which co fared best? Has TCS paused for breath after its multi-year superlative run? Will Infosys turn the corner? Does HCL Tech have what it takes to join the duo, along with Wipro, in the Indian Big IT club?
Date: 17/10/2014
India's our top investment mkt, fundamentally vital: Abbott
Bhaskar Iyer "India is one of the top 5 countries with respect to sales contribution for Abbott. India‚??s turnover contribution is at USD 900 million," says Abbott management.
Date: 17/10/2014
India to pay Iran USD 900 mn in oil dues
India to pay Iran USD 900 mn in oil dues This payment will be on top of USD 1.65 billion it had paid in June/July to clear more than one-third of over USD 4 billion in dues that had accumulated.
Date: 17/10/2014
Hindustan Copper pays Rs 83.22-cr dividend to govt
Hindustan Copper pays Rs 83.22-cr dividend to govt Shareholders of the state-run copper maker had last month approved dividend at the rate of 20 percent on equity for the year 2013-14 at company's annual general meeting, an official statement said.
Date: 17/10/2014
Sensex gains 109 pts; banks lead, HCL Tech TCS tank 9%
Sensex gains 109 pts; banks lead, HCL Tech  TCS tank 9% Banks topped the buying list today with the Bank Nifty rising 2.5 percent as top lenders State Bank of India, HDFC Bank and ICICI Bank rallied 2-3 percent while housing finance company HDFC gained 1.7 percent.
Date: 17/10/2014
Steel exports up 0.4% in H1, domestic firms worried
Steel exports up 0.4% in H1, domestic firms worried India exported 2.69 million tonne steel during the April- September period of 2014-15, compared to 2.68 MT in the same period of last fiscal, according to the data compiled by the Joint Plant Committee, a unit under the Steel Ministry.
Date: 17/10/2014
Investors put over Rs 30,000cr in MF schemes during Sept
Investors put over Rs 30,000cr in MF schemes during Sept At gross level, MFs mobilised Rs 54.1 lakh crore in September, while there were redemptions worth Rs 53.8 lakh crore as well. This resulted in a net inflow of Rs 30,517 crore.
Date: 17/10/2014
US to pitch in as partner country in Vibrant Gujarat summit
US to pitch in as partner country in Vibrant Gujarat summit Interacting with mediapersons, Consul General in American Consulate in Mumbai, Tom Vajda said that US has already sent a formal proposal to Gujarat Chief Minister Anandi Patel in this regard.
Date: 17/10/2014
Q2 GDP to be subdued; revival likely from Q4FY15: DB
Q2 GDP to be subdued; revival likely from Q4FY15: DB The deceleration in credit growth coupled with expected weak rural demand owing to erratic monsoon and substantial shortfall in production of various kharif crops point towards moderation in GDP growth during Q2 FY15, it said.
Date: 17/10/2014
Sensex rises 109 pts; Bank Nifty up 2.5%, CNX IT slips 4%
Sensex rises 109 pts; Bank Nifty up 2.5%, CNX IT slips 4% Banks topped the buying list with the Bank Nifty rising 2.5 percent while technology stocks saw huge selling pressure with the CNX IT index falling 4 percent.
Date: 17/10/2014
Sensex rises 100 pts amid consolidation; Crompton rebounds
Sensex rises 100 pts amid consolidation; Crompton rebounds Crompton Greaves jumped over 2 percent after sources told CNBC-TV18 that Avantha Group may sell partial equity stake in demerged Consumer Products business. Bain among PE players is in talks to acquire that stake, say sources.
Date: 17/10/2014
With seizures up, Indian gold smuggling loses its shine
With seizures up, Indian gold smuggling loses its shine "Gold smuggling was highly profitable....but now with the drop in premiums and tight security, legal imports are increasing," said Milind Lanjewar, additional commissioner of customs intelligence at Mumbai international airport.
Date: 17/10/2014
ICICI, Bharti, BHEL lead gainers; Sensex consolidates
ICICI, Bharti, BHEL lead gainers; Sensex consolidates Top private sector lender ICICI Bank, utility vehicle maker Mahindra and Mahindra, telecom operator Bharti Airtel and state-run power equipment maker BHEL extended gains in noon trade, up 2-3 percent.
Date: 17/10/2014
Sensex hovers around 26000; banks, FMCG, capital goods gain
Sensex hovers around 26000; banks, FMCG, capital goods gain Banking and financials, capital goods and FMCG stocks saw buying interest while oil gas, metals and select technology stocks were under pressure.
Date: 17/10/2014
Equity NAVs decline as markets slip on global markets
Equity NAVs decline as markets slip on global markets Equity Mutual Funds across categories closed in red as Sensex closed below 26000 1st time since August 13.
Date: 17/10/2014
MM rebounds, Zee Entertainment jumps; Sensex, Nifty choppy
MM rebounds, Zee Entertainment jumps; Sensex, Nifty choppy Zee Entertainment gained nearly 4 percent ahead of second quarter earnings today. Mahindra and Mahindra rebounded with 2.60 percent gains followed by Bharti Airtel, BHEL, ITC and ICICI Bank with 1-2 percent upmove.
Date: 17/10/2014
Sensex, Nifty flat; TCS, HCL Tech tank 6-7% on earnings
Sensex, Nifty flat; TCS, HCL Tech tank 6-7% on earnings TCS tanked 7.41 percent on profit booking and lower than expected revenue numbers in the quarter ended September 2014. HCL Technologies crashed over 6 percent after its revenue missed expectations. Tech Mahindra was down 4.53 percent.
Date: 16/10/2014
Four reasons why cloud is a good thing
Four reasons why cloud is a good thing Cloud computing is a boon that is helping modern-day businesses thrive like never before
Date: 16/10/2014
It's time to wake APP and smell the coffee
It's time to wake APP and smell the coffee A tiny little app can do wonders for your business by driving up productivity and customer engagement in a cost-effective manner
Date: 16/10/2014
Security: The challenge that surrounds your business
Security: The challenge that surrounds your business It is tempting to adopt that new thing in the town ‚?? Cloud, BYOD, and Mobility ‚?? but then something called 'security' holds you back
Date: 16/10/2014
Roadmap to the cloud
Roadmap to the cloud Migrating to cloud is a crucial business decision and it entails a significant investment of your time, money and efforts
Date: 16/10/2014
Know your cloud
Know your cloud Know your cloud
Date: 16/10/2014
Apple iPhone 6 to be launched at midnight in India
Zahra Khan CNBC-TV18's Zahra Khan takes stock of the craze for the latest gadget from the Apple stable, and how stores in Mumbai are gearing up to feed the frenzy.
Date: 16/10/2014
Indian aviation sector to be recertified post US demotion
Sindhu Bhattacharya India's demotion to category-II safety status by the US Federal Aviation Administration earlier this year is both a boon and a curse
Date: 16/10/2014
Avonmore Capital Management Services Company Secretary CO Shashank Vashishta resigns
Avonmore Capital  Management Services Company Secretary  CO Shashank Vashishta resigns Avonmore Capital Management Services has informed that Mr. Shashank Vashishta has resigned from the position of the Company Secretary and Compliance Officer of the Company w.e.f. October 15, 2014.
Date: 16/10/2014
Swastika Investsmart: Outcome of board meeting
Swastika Investsmart: Outcome of board meeting Swastika Investsmart at its meeting held on September 29, 2014, has appointed Mr. Kailash Chander Sharma, as additional director as well as Non Executive Director of the Company with effect from September 29, 2014.
Date: 16/10/2014
SEL Manufacturing Company: Outcome of board meeting
SEL Manufacturing Company: Outcome of board meeting SEL Manufacturing Company has informed that the Paid up Share Capital of the Company has been increased from Rs. 331,34,70,000/- to Rs. 401,05,70,000/-, divided into 33,13,47,000 Equity Shares of Rs. 10/- each and 6,97,10,000, 1% Non-Cumulative.