bombay

SKS Increases 20% for Two Day Streak

by Paul Joseph July 8, 2011 Featured

Shares for the SKS Microfinance have jumped 20% in the past two consecutive days. It is the country’s largest microfinance players having increased by 20% due to bourses. The stock has been growing in the past three trading sessions. Today, it has finally hit the upper circuit limit on both the Bombay Stock Exchange and National Stock Exchange during the government’s unveiling of a bill to tighten regulations in the microfinance sector. read more

Tagged as: bombay, business news, country, exchange, national, past

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MMDR Bill Brings Bad News for Mining Companies

by Paul Joseph July 8, 2011 Featured

The draft Mines and Mineral Development and Regulation (MMDR) Bill, 2011 turned to be unlucky for Coal India and other mining companies as their shares toppled on the Bombay Stock Exchange in morning trade. The draft proposed that it should be mandatory for coal miners to share 26% of their profits with project-affected people and non-coal mining companies has to pay 100% of the royalty to people affected by the project. The draft would be put forth in the parliament but analysts found the draft to be taxing on the part of mining companies. read more

Tagged as: bombay, bombay-stock, business news, limit-reached

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Bharat Forge posts 63 per cent rise in Q4 profit

by Paul Joseph May 26, 2011 Featured

Pune based company, Bharat Forge posted 63.87% rise in net profit in Q4 FY11 and taken the profit figure to Rs 100.39 crore. The increase in net profit is subject to strong growth in Europe and US markets. On Bombay Stock Exchange, shares of Bharat Forge were trading at 2.66 percent up at Rs 312.50 at 10:15 am. read more

Tagged as: bombay, bombay-stock, economy, europe, exchange, net-profit

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Sahara appeals against high court order on Jet Airways payout

by Paul Joseph May 6, 2011 Featured

Mumbai: Sahara India today went in appeal in the Bombay High Court against an order of a single judge who held that Jet Airways was liable to pay only Rs1,450 crore for purchase of Sahara Airlines …

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Jet Airways pays part of Rs478-crore dues to Sahara: report

by Paul Joseph May 4, 2011 Featured

Jet airways is reported to have paid Rs275 crore of the Rs478-crore the Bombay HC today asked it to pay the Sahara group for default in its obligations toward the Rs1,450 crore take-over of Sahara Air…

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Times Supastars – Grand Finale on 26th Aug – NyooTV

by Paul Joseph April 27, 2011 Featured

Check out the grand finale of ‘Times Supastars’, India’s first ever pop-band hunt, which will be held at the Hard Rock Café, 7pm onwards on 26th August, 2010. The event will be marked by a live performance by the Bombay Rockers. The four zonal finalists will compete for the title of Supastars. The event will be taking place in association with 98.3, Radi…

Tagged as: bombay, india, press release

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ZEE Ltd posts Q4 net profit at Rs 191.83 cr

by Paul Joseph April 20, 2011 Featured

Q4 consolidated profit of Zee Entertainment Enterprises (ZEEL) stood at Rs 191.83 crore. During its filing to the Bombay Stock Exchange, the media company said that numbers include the consolidating financial data of Taj TV. The company also said that after merging with ETC Networks, its entire business related to education demerged into a new listed company, Zee Learn and hence the numbers are incomparable. read more

Tagged as: bombay, net-profit

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ZEE Ltd posts Q4 net profit at Rs 191.83 cr

by Paul Joseph April 20, 2011 Featured

Q4 consolidated profit of Zee Entertainment Enterprises (ZEEL) stood at Rs 191.83 crore. During its filing to the Bombay Stock Exchange, the media company said that numbers include the consolidating financial data of Taj TV. The company also said that after merging with ETC Networks, its entire business related to education demerged into a new listed company, Zee Learn and hence the numbers are incomparable. read more

Tagged as: bombay, bombay-stock, limit-reached, media, net-profit

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IDBI Bank Q4 net up 62%

by Paul Joseph April 20, 2011 Featured

In Q4 ended March 31, 2011 IDBI reported a rise in net profits by 62.13% at Rs 516.25 crore. During its filing to the Bombay Stock Exchange (BSE), IDBI reported that in the same quarter last year, the company reported net profit of Rs 318.41 crore. The company further said that its annual profit ended on March 31, 2011 is Rs 1,650.32 crore against Rs 1,031.13 crore in the same period year-ago. read more

Tagged as: banking sector, bombay, bombay-stock, exchange, stock markets

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Apex court stays Bombay HC order on detention of aircraft

by Paul Joseph April 6, 2011 Featured

New Delhi: The Supreme Court today stayed a Bombay High Court order barring the Airport Authority of India (AAI) from detaining aircraft because of pending dues of airlines. A bench compris…

Tagged as: airport, bombay, delhi

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