INSUBCONTINENT EXCLUSIVE:
NEW DELHI: Nifty futures on Singapore Exchange were trading 21 points, or 0.19 per cent, higher at 10,946, indicating a positive start for
Reliance Industries, Hindustan Unilever: Federal Bank, Reliance Industries, Hindustan Unilever, Mastek, Cyient, Rallis India, AU Small
Finance Bank and Aditya Birla Money will be among 18 companies which will announce their December quarter results on Tuesday.
Kotak Mahindra
Bank: The case against an RBI decision on promoter stake dilution is likely to come up for hearing before Bombay High Court on Thursday amid
a growing clamour for a review of central bank's ownership guidelines for home-grown private sector lenders.
Jet Airways: Partner Etihad
Airways and banks have been holding talks on a rescue plan for cash-strapped Indian carrier, although they are yet to seek any regulatory
approvals or exemptions, a top government official said.
Trent: In a major commercial deal, Tata Group's retail arm Trent has acquired
five floors of office space in Lodha Group's commercial building Lodha Excelus New Cuffe Parade for a transaction value of Rs 300
crore.
Network18 Media: Diversified media conglomerate Network18 Wednesday said it will launch its very first weekly newspaper Firstpost on
January 26.
Infosys: The government on Wednesday said IT major Infosys will develop next-generation income tax filing system for Rs 4,241.97
crore which will cut down processing time for returns to one day from 63 days and expedite refunds.
State Bank of India (SBI): The lender
has put its entire loan of Rs 15,431 crore to Essar Steel on sale, setting a floor price that amounts to a haircut of more than a third on
billion more through US dollar bonds issue after Reserve Bank permitted fuel retailers to raise an overseas loan to check fall in rupee
value, its chairman Sanjiv Singh said on Wednesday.
Phillips Carbon Black: The company reported a 92-per cent on-year jump in net profit to
Rs 108.58 crore in December quarter, riding on higher realisations from specialised and value-added products.
Mindtree: Mid-sized IT firm
Mindtree on Wednesday posted 35.1 per cent rise in consolidated net profit at Rs 191.2 crore for December 2018 quarter as against year-ago
period.
DCB Bank: Private sector lender DCB Bank Wednesday reported a 51 per cent jump in its net profit at Rs 86 crore in quarter ended
December 31, helped by higher interest income
The bank had reported a profit after tax of Rs 57 crore in same quarter last year.
Bank of Maharashtra: The Reserve Bank of India (RBI)
Wednesday imposed a Rs 1-crore penalty on state-owned Bank of Maharashtra (BoM) for non-compliance of Know Your Customer guidelines and
fraud-classification norms.
ICICI Bank: The bank said RBI has given nod for reappointment of Vishakha Mulye as bank's executive director
The reappointment is effective from January 19, 2019, ICICI Bank said in a regulatory filing.
Board meetingslt;em>Here are a few stocks
