INSUBCONTINENT EXCLUSIVE:
NEW DELHI: Nifty futures on the Singapore Exchange were trading 24 points, or 0.22 per cent, lower at 10,779, indicating a negative start
Kings, HDIL, Unitech, IFCI, Voltas, GSK Healthcare, GSK Pharma, Eveready Industries, Gammon Infra, Alok Industries, Anant Raj and APL Apollo
Tubes, are among companies which are scheduled to report their quarterly earnings on Thursday.
United Breweries: The Enforcement
Finance Corp Ltd, which was hit by claims of financial mismanagement last month, said on Wednesday its Chief Executive Harshil Mehta has
resigned.
JSW Steel: Goldman Sachs believes that it is time to buy JSW Steel again
The valuation of the stock has fallen below historical levels after correcting more than 20 per cent in the last six months, said Goldman
after the scrip shed about a third of their value on Wednesday
Promoters of the company have adjusted loans against royalty dues and wrote off significant receivables at the manufacturer of power
generation and distribution equipment.
Fortis Healthcare: The company reported a consolidated net loss of Rs 180.1 crore for the quarter
ended December 31, 2018, mainly on account of exceptional losses
Godrej Industries: The company reported over two-fold increase in consolidated profit after tax (PAT) to Rs 121.3 crore for the third
quarter ended December 2018
The company had posted a net profit of Rs 50.5 crore in the corresponding period last fiscal
Bosch: The auto component maker reported 19.34 per cent rise in standalone net profit at Rs 335.37 crore for the third quarter ended
The company had posed a standalone net profit of Rs 281 crore in the year-ago quarter, Bosch said in a regulatory filing
Hindalco: The company is scouting for copper mines abroad for backward integration of its copper business with concentrates, said its
managing director Satish Pai.
Adani Transmission: The company reported a 77.5 per cent drop in its consolidated net profit at Rs 189.2 crore
in the quarter ended on December 31, 2018, mainly due to higher base last fiscal on account of factoring in one-time income of Rs 742 crore
equipment supplier.
ETF newsBharat 22 ETF: The government will launch an additional offering of Bharat-22 Exchange Traded Fund (ETF) on
February 14 to raise at least Rs 3,500 crore, officials said Tuesday
The ETF sale would be for a single day, in which both institutional and retail investors can participate, they said.
ADRs American
depositary receipts (ADRs) of Vedanta fell 1.84 per cent in overnight trade
Tata Motors ADRs climbed 1.57 per cent while those of Infosys edged 0.28 per cent higher.
Board meetings
