Recovery seen in Q4, companies continue to focus on enhancing cash flow After a strong start this festive season, textile and apparel manufacturers and retailers suffered a sharp contraction in demand due to the liquidity crisis following demonetisation of high value currency notes in November 2016. If the latest study by Edelweiss Securities is an indication, India's leading pure fashion and lifestyle company, Aditya Birla Fashion and Retail (ABFRL), has lost Rs 100 crore (Rs 1 billion) in ... Rediff.com, 4 weeks ago
In the broader market, the BSE Midcap index bucked the trend to gain 0.3% Snapping four-session long gaining spree, the market on Monday settled lower as sentiment remained cautious ahead of the Union Budget 2017, while a steep surge in stocks of Bharti Airtel and Idea Cellular provided some succour to the frontline indices. The S&P BSE Sensex settled the day at 27,849, down 33 points, while the broader Nifty50 quoted 8,632, down 8 points at close. In the broader market, the BSE Midcap ...Rediff.com, 1 month ago
BSE Midcap and BSE Smallcap indices registered an uptick of 0.06%, and 0.05%, respectively In a volatile trading session, the benchmark indices on Monday settled higher as bargain hunting lifted recently-hit stocks, though sentiment remained cautious ahead of the Union Budget 2017 next week on February 1. The S&P BSE Sensex managed to hold above 27,000, while the broader Nifty50 faced resistance at 8,400-mark. The Sensex ended at 27,117, up 83 points, while the Nifty quoted 8,391, up 42 ...Rediff.com, 1 month ago Sensex ends higher, Nifty closes above 8,400 Rediff.com, 2 months ago
Veteran actor Om Puri, who did some of the iconic roles and was always outspoken, has passed away. We have learned that the actor suffered a severe cardiac arrest at his residence on Friday morning. Om Puri is survived by his estranged wife Nandita Puri and ...Bollywood Hungama, 2 months ago
Shah Rukh Khan is busy with the last minute work for Raees before he begins his New Years celebrations and then promotional tour for the film. On Wednesday, the actor shared a special video for everyone who will be partying this New Year's Eve. Shah Rukh ...Bollywood Hungama, 2 months ago
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