Gainers & Losers
NEW DELHI - India's largest car maker Maruti Suzuki India Ltd posted a smaller-than-expected rise in profit for the third quarter, hit by one-off items including a jump in advertising costs, a higher tax rate and lower income from investments.
MUMBAI - India's Idea Cellular Ltd posted a 64 percent rise in quarterly profit as it added more subscribers than rivals did, boosting data and talk time usage.
MUMBAI - The BSE Sensex and Nifty hit a record high for a fifth consecutive session on Tuesday after a deal that could open the door for U.S. companies to build nuclear reactors in the country boosted firms expected to benefit such as Larsen & Toubro.
MUMBAI - The government has postponed until March 4 the auction of mobile phone airwaves through which it is expected to raise $10 billion, according to a government notice on Tuesday.
SYDNEY/SINGAPORE - Asian airlines are slashing fuel surcharges as oil prices hover at six-year lows, but passengers hoping for cheaper tickets will be disappointed as carriers are likely to bump up fares to maintain margins.
MUMBAI - Max India Ltd, which has interests in areas including insurance and healthcare, said its board had approved splitting the company into three different entities to streamline the business structure and sharpen focus.
MUMBAI - Hornbill Orchid Fund, an India-focused firm partly owned by one of China's oldest private equity managers, Orchid Asia, is raising $250 million for a long-short fund, Hornbill Orchid managing partner Manoj Thakur said.
All Indian Indices
|Symb||Index||Mkt Report||Time||Last||Chg||Chg %|
|.BSESN||BSE Sensex||6:18pm IST||29,571.04||+292.20||+1.00%|
|.CNXMDCP||CNX Midcap Index - NSE||3:31pm IST||13,143.80||+108.90||+0.84%|
|.CRSLDX||S&P CNX 500 Index - NSE||3:31pm IST||7,229.05||+58.80||+0.82%|
|.NSMIDCP||Nifty Jr||3:31pm IST||19,551.05||+88.80||+0.46%|
|.TRXFLDINP||Thomson Reuters Equity India Index||4:15pm IST||964.11||+6.74||+0.70%|