Infosys declines as ADR slides after FY 2015 guidance

Capital Market April 11, 2014 Last Updated at 13:21 IST Key benchmark indices trimmed losses in afternoon trade. The barometer index, the S&P BSESensex, took a U-turn after hitting fresh intraday low. The Sensex, was down 100.34 points or 0.44%, off ...

Pic Courtesy: - Washington: The World Bank Wednesday projected an economic growth rate of 5.7 percent in fiscal year 2014 for India on the back of a more competitive exchange rate and many large investments going forward. "The region's largest ...

Reuters New Delhi: Mutual funds offloaded shares worth more than Rs. 14,000 crore during FY 2013-14, making it the fifth consecutive year of net outflows. As per latest data compiled by market regulator SEBI, mutual funds (MFs) sold shares worth ...

Capital goods, IT, auto and pharmaceuticals lead gains for the financial year. Markets closed FY14 on a triumphant note with both the benchmark indices closing at record highs with the Nifty gaining past the 6,700 levels.The benchmark indices have reported their sharpest rally in past four years during the financial year 2013-14 aided by supportive global cues and continued buying by foreign institutional investors (FII’s) on expectations of a Narendra Modi led government at the Centre ...

The insurer's exposure in the bonds and debentures was to the tune of Rs 8,797.09 crore in the period as compared to Rs 23,907.70 crore in the nine-months of 2012-13.

The income tax department has red flagged issuance of shares to Vodas parent in FY 09-10, alleging they were undervalued. This is similar to an ongoing dispute for previous fiscals where the department had added 1300 crore to Vodas taxable income.

Pic Courtesy: - Bangalore: IT services giant Infosys on Tuesday reported a 25 percent jump in its consolidated net profit for the quarter ended March 31, 2014, helped by large deals and an uptick in client spending. The Bangalore-based firm posted ...

For Immediate Release 15 April 2014 PhosAgro FY 2013 IFRS Results Announcement Date On 17 April 2014, PhosAgro will release its audited consolidated IFRS financial results for the twelve months ended 31 ...

Tata Motors has announced that the Tata Group global wholesales in March 2014, including Jaguar Land Rover, were 95,668 units while cumulative wholesales for the fiscal were 10,09,776 units. Global wholesales of all Tata Motors` commercial ...