ENIL eyes more than 10% FY13 revenue expansion

Entertainment Network India or ENIL’s executive director and chief executive officer, Prashant Panday, announced that they have been looking forward to achieve more than 10% revenue expansion in the current financial year.

Oil Minister reveals no scheme to up prices of diesel, kerosene, cooking gas

S. Jaipal Reddy, the Oil Minister, announced this day that the government does not intend to push for urgent schemes to increase the respective diesel, kerosene and cooking gas retail prices.

Reliance Infrastructure eyes FY13 EPC revenues worth more than Rs 10,000 crore

Reliance Infrastructure, the infrastructure firm of the Anil Dhirubhai Ambani Group, announced that it has been looking forward to EPC revenues wherein the value is worth more than Rs 10,000 crore in the financial year 2012-2013.

BSE Sensex rises 1.23% as market on green

The BSE Sensex jumped 199.02 points or 1.23% to settle at 16,416.84, its highest closing level since 10 May 2012. The index jumped 222.15 points at the day's high of 16,439.97 in late trade. The index gained 55.67 points at the day's low of 16,273.49 in early trade. 

The S&P CNX Nifty surged 65.25 points or 1.33% to settle at 4,985.65, its highest closing level since 8 May 2012. The index hit a high of 4,994.95 and a low of 4,931.30 in intraday trade. 

The BSE Mid-Cap index rose 1.21% and the BSE Small-Cap index gained 0.87%. Both these indices underperformed the Sensex. BSE clocked turnover of Rs 1585 crore, lower than Rs 1793.83 crore on Friday, 25 May 2012. 

Positive 1714 Negative 1008 Unchanged 116 

From the 30 share Sensex pack, 24 rose and rest fell.

CAD to gain from declining crude price, gold importation

In the latest statement made by the Executive Chairman and Managing Director of Kotak Mahindra Bank, the CAD or current account deficit most probably enhance in the near future due to declining crude prices and gold importations.

Reliance Communications eyes action this H2 FY13 on selling stake in Rel Infratel

Reliance Communications, a firm managed by Anil Ambani and the top two largest cellular phone service provider by users, has been eyeing action on selling equity shares in Rel Infratel in the second half of the current financial year.

M&M eyes to launch again XUV500 model bookings in June

Mahindra & Mahindra or M&M, a domestic car leader, has already announced this day that it is all set to launch bookings again for its XUV500 model the following month.

Expansion drive to increase this FY13 says Barclays Capital

Similar with the majority of the industry experts, the regional economist of Barclays Capital, Rahul Bajoria, announced that they have been looking forward for India to obtain 6.1% GDP in the last quarter of FY12 while the drive in expansion will increase this financial year.

Inox Leisure net loss in Q4 FY12 broadens to Rs 10.12 crore

In the latest development, Inox Leisure Ltd, a multiplex service provider, announced that its net loss in the last quarter of the financial year 2011-2012 broadened to Rs 10.12 crore.

Sun TV eyes expansion in single digit figure in ad revenue this FY13

The group chief financial officer of Sun TV, SL Narayanan, announced that they have been looking forward to attaining growth in single digit figure in ad revenue in the financial year 2012-2013.

Power capacity may be augmented at 90,000 Megawatts until 2017

In the present 12th Five Year Plan (2012-17), Planning Commission and Power Ministry have been considered to have agreed upon on setting the capacity augmentation goal at 90,000 Megawatts until the year 2017.

BSE Sensex declines 0.03% as market slightly collapses

The BSE Sensex was down 4.48 points or 0.03% to 16,217.82. The index rose 51.18 points at the day's high of 16,273.48 in mid-afternoon trade. The index fell 103.95 points at the day's low of 16,118.35 in mid-morning trade.

The S&P CNX Nifty was down 1 point or 0.02% to 4,920.40. The index hit a high of 4,935.80 and low of 4,889.35 in intraday trade.

The BSE Mid-Cap index rose 0.44% and the BSE Small-Cap index rose 0.53%. Both these indices outperformed the Sensex.

The total turnover on the BSE amounted to Rs 1783 crore, lower than Rs 1945.50 crore on Thursday, 24 May 2012.

Positive 1477 Negative 1242 Unchanged 117
From the 30 share Sensex pack, 16 rose and rest fell.

LPG, diesel price increase doubtful at present

The state admin has been hesitant to increase LPG as well as diesel price urgently whereas they have been planning to make an initial petrol price rollback at present.