Ramco Systems surges 5% as Iraqi Airways decides to adopt its aviation software

Mumbai, May 27 -- Shares of Ramco Systems jumped 4.60% on Thursday after the company announced that it will implement its aviation software, Ramco Aviation M&E MRO Software V5.8, at Iraq's national ca... Read More

Lux Industries rallies 14% after a strong March quarter performance

MUMBAI, May 26 -- Shares of Lux Industries jumped 13.6% after the company's consolidated net profit surged 118% year-on-year to Rs90.64 crore in the March quarter. At 01:40 pm, shares of Lux Industri... Read More

Patni family office, Baring Private Equity to invest Rs76 cr in PG Electroplast

New Delhi, May 25 -- The board of PG Electroplast Limited (PGEL) at its meeting held on Tuesday approved raising Rs.76.6 crore through compulsorily convertible debentures (CCD) and preferential allotm... Read More

Amara Raja Batteries slips 6% after Clarios sells stake

Mumbai, May 25 -- Shares of Amara Raja Batteries declined as much as 6% on Tuesday after car battery maker Clarios announced that it would sell 1.71 crore shares or 10% stake in the company via block ... Read More

Shree Cement falls 3% as earnings lag behind peers

Mumbai, May 24 -- Shares of Shree Cements declined as much as 3% on Monday even as the cement maker reported a 49% jump in consolidated net profit to Rs.799.79 crore in the March quarter. Analysts sai... Read More

Soaring stock prices help promoters trim pledges

Mumbai, May 21 -- Several Indian promoters managed to slash the number of shares they had posted as collateral for loans as a soaring stock market inflated the value of their shareholdings. Among mem... Read More

Societe Generale, Copthall Mauritius Investment buys stake in Indian Energy Exchange

Mumbai, May 20 -- French Investment Bank Societe Generale and Copthall Mauritius Investment on Thursday bought 1.29% stake in Indian Energy Exchange worth Rs.140 crore through an open market transacti... Read More

Baring PE Asia sells 5.12% stake in Coforge for Rs1,008 crore

New Delhi, May 19 -- Baring Private Equity Asia (BPEA) on Wednesday sold a 5.12% equity stake in IT services firm Coforge Ltd, aggregating to Rs.1008 crore via an open market transaction. Hulst BV, a... Read More

Investor wealth rises Rs5.78 trillion in 2 days of market gain

New Delhi, May 18 -- Investor wealth surged Rs.5.78 trillion in two days of market rally, supported by positive global cues. The benchmark index, Sensex closed at 50,193.33, an increase of 1,574.97 p... Read More

Vedanta Resources' strong operating performance to help debt servicing : S&P

MUMBAI, May 18 -- S&P Global Ratings on Tuesday said Vedanta Resources' ability to meet debt maturities till June next year is backed by strong operating performance of its subsidiary Vedanta Ltd. "W... Read More