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Kerala CM rings opening bell at London Stock Exchange as KIIFB lists masala bonds
Kerala Chief Minister Pinarayi Vijayan rang the opening bell at the London Stock Exchange (LSE) Friday to mark the listing of masala bonds sold by Kerala Infrastructure Investment Fund Board (KIIFB), according to an official statement.
KIIFB, a state government agency, had raised Rs 2,150 crore through its debut masala bond issue.
KIIFB plans to raise Rs 5,000 crore through masala bonds to fund large and critical infrastructure projects in Kerala.
Indian Rupee denominated overseas bonds are popularly known as masala bonds.
"This was not only the first-ever offshore capital market issuance from a state-level entity from India, but also the largest dual currency issue by a sub-sovereign backed entity from the entire emerging markets and Asia," the KIIFB had said.
The transaction was priced on March 26, 2019 and saw strong participation from a wide spectrum of investors which included asset managers, insurance companies, pension funds, banks as well as private wealth managers, it had .....
6 kg gold worth Rs 2 crore seized at Chennai airport
Six kg of gold worth Rs 2 crore was seized in three separate incidents at the Chennai airport, Customs officials said Friday.
The seizure was effected in separate incidents reported over the last two days.
Three passengers were intercepted after their arrival from Dubai on Friday, the officials said in a statement issued here.
A personal examination revealed that the three passengers had concealed the yellow metal in their rectum, it said.
On Thursday night, the sleuths recovered gold from four passengers, who had arrived from Colombo.
Nineteen people, all hailing from Ramanathapuram, were intercepted at the airport Thursday morning after their arrival from Colombo. They had concealed gold in their rectum, according to the statement.
In total, six kg gold valued at Rs 2 crore was seized by the sleuths, it said...
Man held for attacking cop over late-night music at wedding
AIADMK MP briefly stopped at Chennai airport for carrying Rs 25 lakh in cash
This ex-serviceman is providing free training to young Army aspirants
Rain lashes parts of Delhi, 11 flights diverted
Light rain lashed parts of the national capital on Friday evening bringing respite from the heat but the cloudy weather caused the diversion of as many as 11 flights from the IGI airport till 9. 30 pm, officials said."There is air congestion due to bad weather. A total of 11 diversions between 2100 hours and 2130 hours, and between 1630 hours and 1730 hours have been done," airport officials said.AirVistara in a travel update said: "Due to bad weather in New Delhi, UK 940 from Mumbai to Delhi has been diverted to Amritsar."Meanwhile, according to the MeT Department, the weather in the national capital is expected to remain pleasant on Saturday with the maximum and minimum temperature is expected to stay around 36 degree and 24 degree Celsius respectively.The weather department has warned of hail precipitation over and nearby areas of Meerut, Modinagar, Loni, Khair, and at isolated places of the national capital.There was also a sudden spell of rain in parts of Himachal Pradesh and .....
40-year-old woman killed by neighbour in Delhi
A 40-year-old woman was stabbed to death allegedly by her neighbour in southwest Delhi's Rangpuri near Vasant Kunj, police said Friday.
The incident took place on Thursday night. The woman, Rekha Singh, was stabbed in her chest four times by her 22-year-old neighbour, they said.
According to the police, the accused -- Gopal Singh -- and the woman had an argument two days ago.
On reaching the spot, police learnt that the woman was shifted to AIIMS trauma centre. She was declared brought dead by the doctors.
Investigations revealed that her neighbour had stabbed her.
Police later arrested the accused and seized the knife used in the crime, Devender Arya, Deputy Commissioner of Police (southwest), said.
Rekha's husband, Sunil Singh said that he was at his shop with his eldest son when the incident took place.
Police said the family of the accused he had an accident a few days ago and has been mentally disturbed since then.
However, police said that mental health of the accused is a .....
Ready to lead coalition if given a chance: Cong
6 kg gold worth Rs 2 crore seized from Chennai airport
27-year-old gored to death by stray cattle in Delhi
A 27-year-old man was gored to death allegedly by a stray cow after his bike hit the bovine in west Delhi's Inderpuri area, police said.
The incident took place on Thursday evening at Dev Prakash Shastri Marg when Ravi Takral was riding his motorcycle, they said.
The victim was going from his home to Todapur on his motorcycle when a stray cattle came in the way, a senior police officer said.
As the motorcycle hit it, the bovine attacked the victim with its horns and ripped through his stomach, the officer said.
He was rushed to a nearby hospital where he was declared brought dead, he said.
The body was handed to his family after a post-mortem on Friday, he added.
Ravi Takral, a driver, lived with his family in Inderpuri, the police said...
EC okay with PM visit to Himalayan shrines
Girl attacked by leopard in Maha's Nashik
Man held for uploading obscene image of woman on website
Jaypee Infra insolvency: Homebuyers welcome NCLAT annulling creditors' voting on NBCC bid
Presence of wicket-takers in middle overs will benefit India in high-scoring World Cup: Dravid
Bajaj Finserv offers insurance cover to local train passengers
Bombay HC comes to the rescue of stranded sailors
Modi locked up entire cabinet before demonetisation: Rahul
Govt to grant ESM status to retired Military Nursing Service officers
Will resign if those guilty of desecration of religious scriptures not punished: Sidhu
Parties including TMC, SP, BSP, TDP won't support BJP: Rahul
Eleven flights diverted from Delhi due to bad weather
10 govt employees suspended for absenteeism in Rajouri
Ten government officials in Jammu and Kashmir's Rajouri district were suspended on Friday for alleged absenteeism, officials said.
As many as 47 institutions were inspected during recent surprise inspections in Rajouri, they said. Against the strength of 478 officials posted in these institutions, 309 were were found present, 17 absent and 50 others on leave, officials said.
Four other were shown on deputation, they said.
Deputy Commissioner of Rajouri Mohammad Aijaz Asad, under whose directive the checks were made, placed ten employees under suspension, they said.
Seven contractual employees who were absent have been directed to explain their position, along with reasons why their contracts should not be terminated, officials said.
The DC added no laxity would be allowed in the maintenance of discipline and punctuality in government offices...
Re-polling ordered at Azamgarh booth on May 19
Days ahead of poll results, Chandrababu Naidu meets Kejriwal
Indian Navy successfully test-fires MRSAM missile
Lion cub found dead in Tulsishyam range of Guj's Gir forest
The dismembered body of a lion cub was found in the Tulsishyam Range of Gujarat's Gir, D T Vasavada, Chief Conservator of Forests, Junagadh Wildlife Circle said Friday.
He said pug marks of lions were found on the spot and it appears the cub, around 4-5 months old, was killed in a territorial fight, he added.
With this latest death, as many as five cubs, three lions and two lionesses have been found dead in Gir forest since February.
The Gir forest, the last abode of the Asiatic lion, is home to around 600 big cats according to the latest estimate by the forest department...
Victory of 'Nyay' certain on May 23: Priyanka
Congress general secretary Priyanka Gandhi Vadra on Friday said her party did not allow the BJP to divert the focus in elections from issues of employment and farming as she asserted that the victory of 'Nyay' was certain on May 23.
Campaigning in the bitterly fought marathon Lok Sabha elections, spread over 38 days, drew to a close Friday evening as top leaders made a final push in the seventh and concluding phase for the remaining 59 seats.
"Dear friends, 60 days of spirited election campaign for 'one person one vote' or political equality was made possible because of your love," Priyanka said.
"Despite BJP's efforts, we did not allow the elections to be diverted from issues of employment, farming, and income. On the 23rd (May), the victory of 'Nyay' (justice) and people's voice is certain," said the AICC general secretary, in-charge Uttar Pradesh (East).
The Congress' proposed Nyuntam Aay Yojana (Nyay) promises up to Rs 72,000 a year to 20 per cent of India's poorest families if .....
Social worker held for extortion bid on Union minister Mahesh Sharma
DoT asks industry, academia to develop standards relevant for India
Modi's election campaign involved 1.5 lakh km of air travel, 142 rallies: Shah
Prime Minister Narendra Modi flew 1.5 lakh km and addressed 142 public rallies during the most extensive campaign for a Lok Sabha election since Independence, BJP president Amit Shah said Friday.
Addressing a press conference here with the PM by his side, Shah praised Modi for braving scorching temperatures which went up to 46 degrees Celsius.
"Since Independence, the most hardworking, extensive election campaign was this one and Modi's outreach was unprecedented," Shah said.
There is hardly any part of the country Modi did not visit during the election campaign between February and May, he said.
The dates for the seven-phase Lok Sabha elections were announced on March 10.
"On 28 March 2019, the campaign started from Meerut. PM Modi addressed 142 public rallies, held four roadshows and, according to conservative estimates, he directly addressed about 1.5 crore people in these rallies. Modi's campaign involved air travel of around 1.5 lakh km," he said.
Shah also said, that he himself ...
Nilekani-led panel on digital payments submits report to RBI
Yes Bank to claw back Rs 1.44 cr bonus from ex-MD Rana Kapoor
Army pays tribute to soldier who died in Shopian encounter
Maha Cong meet on May 20 to choose new CLP leader
Rains bring respite from heat in Delhi
Rains lashed several parts of the national capital on Friday providing some relief to Delhiites from the scorching heat.
The Safdarjung observatory, recording of which is considered official for the city, received 2.4 mm of rainfall till 5.30 pm.
Areas under Palam, Lodhi Road, Ridge and Ayanagar received 7.6 mm, 1.8 mm, 0.2 mm and 3.6 mm of rainfall, respectively.
The minimum temperature was recorded at 24.6 degrees Celsius, two notches below the season's average, while the maximum was recorded at 37.4 degrees Celsius, three notches below the season's average.
Humidity oscillated between 100 per cent and 53 per cent.
The weatherman has forecast cloudy skies for Saturday with the possibility of thunderstorm accompanied with very light rains and gusty winds.
The weather is likely to remain pleasant on Saturday and the maximum and minimum temperatures are expected to hover around 37 degrees and 24 degrees Celsius, respectively.
On Thursday, the maximum temperature was recorded at 36.7 .....
Bharti Airtel's Rs 25,000 cr rights issue oversubscribed
Telecom operator Bharti Airtel said Friday that its about Rs 25,000 crore rights issue has been "over-subscribed" as per the preliminary information received.
The company's rights issue, which had opened on May 3, closed for subscription on Friday.
"The company would like to bring to your notice that, based on preliminary information received, the rights issue has been over-subscribed," the company said in a regulatory filing.
The applications received in the rights issue are subject to verification and clearing of payments, and finalisation of the basis of allotment, it added.
Airtel had announced the rights issue to raise up to Rs 25,000 crore through issuance of fully paid-up shares at a price of Rs 220 per share, and additional Rs 7,000 crore through a foreign currency perpetual bond issue.
The company had said the capital infusion will help it continue investments in future rollouts to build large network capacity and create content and technology partnerships to ensure the .....
Temp drops in Raj after dust storm and light rains
The maximum temperature dropped by a few notches in Rajasthan on Friday after dust storm and light rains lashed parts of the state, a MeT Department official said Friday.
Several places in east and west regions of the state witnessed rainfall ranging from 1 to 4 cm till 8 am, he said.
On Friday, Pachpadra recorded 4 cm of rainfall followed by 3 cm in Sikar and Bhilwara, 2 cm in Pokaran, Padampur, Khajuwala, Shergarh, Barmer, Fatehgarh and Raniwada, 8.5 mm in Jodhpur and 0.5 mm in Ajmer, he said.
Kota was recorded as hottest place in the state with a maximum temperature of 40.9 degrees Celsius followed by 37.8 degrees Celsius in Jaipur, 36.2 degrees Celsius in Dabok, 36 degrees Celsius in Ajmer, 35.3 degrees Celsius in Barmer, 34.9 degrees Celsius in Churu, 33.9 degrees Celsius in Jaisalmer, 33.7 degrees Celsius in Bikaner and 33 degrees Celsius in Jodhpur.
The minimum temperature was recorded between 19.8 and 25.6 degrees Celsius in the state, the official said.
The MeT Department .....
Sunny Deol approaches HC 'fearing misuse of official machinery' by Cong in polls
Civil society groups seek revision of WHO guidelines on Similar Biotherapeutic Products evaluation
St Stephen's college row: AC, EC members of Delhi University write to V-C
Three arrested for taking bribe in Rajasthan
An engineer of the public health and engineering department, a patwari and and a land assessor were arrested on Friday in two separate cases of accepting bribe, Anti-Corruption Bureau (ACB) officials said.
PHED Executive Engineer Major Singh Dhillon was arrested from Hanumangarh district for taking Rs 5,500 bribe, ACB ADG Saurabh Srivastava said.
In another incident, Pratap Singh, a patwari, and Bhavnesh, a land assessor, were arrested for taking bribe of Rs 3,500 in Sanganer town of Jaipur district, Srivastava said...
Member of Army mountaineering team to Mt. Makalu dies
The Army on Friday said a member of its 18-personnel expedition team to Mount Makalu in Nepal, which claimed to have spotted mysterious footprints of mythical creature Yeti, died while descending from the summit point.
The team had successfully climbed Mt. Makalu (8,485 metre) on Thursday.
"While descending from the summit point to Camp IV (first camp during the descent), one of the team members, Naik Narayan Singh, died," the Army said.
The Army said Singh was a keen mountaineer and had earlier taken part in other mountaineering expeditions, including to Mt. Kamet.
Singh had joined the Army in 2002 and hailed from Pithoragarh in Uttarakhand. He is survived by his wife and three young children.
Mt. Makalu is considered amongst the most dangerous and challenging peaks to summit. The Army said it had undertaken this mountaineering expedition in furtherance of the objective of climbing challenging peaks above 8,000 metre.
During the expedition, the team also claimed to have spotted .....
EC manipulated polling diaries in South Delhi: AAP
Teenager held with 5 bullets at Delhi Metro station
Moti Nagar murder: Muslims of Basai Darapur living in fear of backlash
Modi 'lahar' has turned into Modi 'qahar': Shatrughan Sinha
Social worker held for trying to extort money from Union min Mahesh Sharma
A social worker was arrested on Friday by the Noida Police on charges of trying to extort Rs 2 crore from Union minister and BJP leader Mahesh Sharma, officials said.
Usha Thakur, in her 60s, was held from her house in Sector 31 at around 10 am, a police official said.
Thakur is accused of extortion, forgery and criminal conspiracy linked to a pre-election "sting operation" done by a gang helmed by a man who ran a local news channel that was shut down after demonetisation, according to the police.
The gang was demanding Rs 2 crore from Sharma after threatening to make public an "objectionable" video, the officials said, adding that three people directly linked to the case were already arrested in April.
"Usha Thakur was arrested this morning from her house. She has been arrested following detailed interrogation of other accused involved in this case," SHO of the Sector 20 police station Rajvir Singh Chauhan said.
She was produced before a local court, which remanded her in judicial .....
Fought to protect India's institutions in poll; will win: Rahul Gandhi
Union minister Hegde, BJP MP Kateel jump into Godse row,
Museums under ASI to allow free entry on International Museum Day
SC refuses to grant protection from arrest to SP-BSP alliance candidate in rape case
Congress will be wiped out from Punjab: Sukhbir Badal
SC refuses to entertain Atul Rai's plea seeking protection from arrest in rape case
BJP, RSS are 'God-Se Lovers': Rahul Gandhi
Congress president Rahul Gandhi on Friday took potshots at BJP and RSS and called them "God-Se Lovers", in an apparent reference to remarks by Pragya Singh Thakur and two other BJP leaders in support of Mahatma Gandhi's assassin Nathuram Godse."I finally got it. The BJP and the RSS... Are not God-Ke Lovers. They are God-Se Lovers," Rahul tweeted.His tweet came after BJP leaders - Thakur, Ananthkumar Hegde and Nalin Kumar Kateel - made pro-Godse remarks.At a press conference here on Friday, BJP chief Amit Shah said that the party does not endorse the comments made.Thakur, BJP's Lok Sabha candidate from Bhopal, had on Thursday sparked an outrage after she called Godse a "patriot".When questioned about actor-turned-politician Kamal Haasan's remark that India's first terrorist was a Hindu (in reference to Godse), she said, "Nathuram Godse was a 'deshbhakt', is a 'deshbhakt' and will remain a 'deshbhakt'."However, Thakur, BJP's Lok Sabha candidate from Bhopal, later apologised for her .....
Plea in HC to remove election symbol from ballot paper, EVM
U to introduce MA in Defence & Strategic Studies
Work with full attention to ensure there is no error vote counting: EC advisor to officials
ILFS Engineering appoints Karim Raza Khan as CEO
13-yr-old raped by three youths in Ambala
No green nod required for construction on 20000-50000 sq metre area: Env Min's new EIA notification
Honda commences made-in-India CBR650R bike deliveries
Corporation Bank posts loss of Rs 6,581 cr in Q4 as provisioning doubles
Public sector lender Corporation Bank Friday said its loss widened to Rs 6,581.49 crore during the fourth quarter ended March 31, mainly due to higher provisioning for bad loans.
The bank had reported loss of Rs 1,838.39 crore during January-March quarter of 2017-18.
The total income of Corporation Bank during the fourth quarter of 2018-19 stood at Rs 4,187.65 crore down from Rs 4,642.45 crore in the same period of the previous fiscal, the lender said in a regulatory filing.
The bank, however has reported reduction in non-performing assets (NPAs).
The gross NPA as a percentage of total advances was 15.35 per cent compared to 17.35 per cent during fourth quarter of 2017-18.
The bank has made a provision of Rs 8,505.87 crore for NPAs almost double from Rs 4,441.29 crore in the year-ago quarter.
Corporation Bank's net loss stood at Rs 6,325.29 crore during the year 2018-19, as against Rs 4,049.93 crore in the preceding fiscal.
The shares of Corporation Bank closed at Rs 25.50 a piece on ...
Campaigning ends for last phase of LS polls
If Indira can be given credit for 1971 war, why not Modi for Balakot: Jitendra Singh
Union minister Jitendra Singh Friday asked if then prime minister Indira Gandhi can be credited for the victory in the 1971 war, why shouldn't Prime Minister Narendra Modi get the credit for a successful air strike in Balakot.
Singh, the Minister of State in the Prime Minister's Office, said, that throughout the Lok Sabha election campaign, the Congress and its allies have been attacking the BJP and the PM for allegedly taking credit for the successful strikes by the Indian Air Force on terror camps in Pakistan's Balakot.
Since Independence, whenever there was an armed conflict with a foreign nation, the credit or discredit obviously went to the ruling dispensation and its head, he said.
By the same logic, Indira Gandhi's greatest achievement as PM is still remembered to be the victory in the Indo-Pak war of 1971 which led to the liberation of Bangladesh, he said.
Similarly, the blame for the Himalayan debacle in the Indo-China war of 1962 is even today primarily put on the then .....
Campaign for high stakes bypolls to four constituencies ends
The campaign for the high-stakes by-elections to four constituencies in Tamil Nadu ended Friday evening, with the polling all set to take place on Sunday, amidst heavy deployment of around 16,000 personnel.
The outcome of the by-polls to a total of 22 seats will decide the future political course in Tamil Nadu as the results would determine the continuance of the two year-old Palaniswami government.
While by-elections to 18 seats were held on April 18, along with the 38 Lok Sabha segments, four others--Sulur, Aravakurichi, Ottapidaram and Thiruparankundram go to the polls on May 19.
Arch rivals AIADMK and DMK have left no stone unturned to ensure victory, with their leaders, Chief Minister K Palaniswami and DMK President M K Stalin embarking on a hectic campaign trail in order to win the race.
Seeking to play spoilsport to the two Dravidian majors, T T V Dhinakaran-led AMMK, Kamal Haasan's Makkal Needhi Maiam and actor-director Seeman's Naam Tamizhar Katchi have fielded..
Rain hits Delhi, brings mercury down
Light rains hit Delhi and adjoining areas on Friday evening bringing relief from the sweltering heat.The Indian Meteorological Department (IMD) had predicted thunderstorm with rain and gusty winds over Delhi and its adjoining areas of, Hisar, Rohtak, Jhajjar, Panipat, Kosli, Sonipat, Bagpat, Gurugram, Rewari, Bawal, Manesar Ghaziabad, Noida, Hodal, Mahendragarh.There was a sudden spell of rainfall in parts of Himachal Pradesh today.The weather department has warned of hail precipitation over and nearby areas of Meerut, Modinagar, Loni, Khair and isolated places of Delhi.Rainfall has also been predicted for many places in Jammu and Kashmir, Himachal Pradesh, Uttarakhand, Punjab and Haryana.All states in the North-eastern region too are likely to receive rainfall today...
Curtains drawn on campaign for Lok Sabha elections in Bihar
Campaign for the long drawn out general elections in Bihar, spread over all the seven phases, came to a close on Friday at 6 pm, for the last lap of electioneering wherein eight Lok Sabha seats go to polls.
The constituencies which go to polls on Sunday are Patna Sahib, Pataliputra, Arrah, Buxar, Sasaram, Karakat, Jehanabad and Nalanda. Seven of these were won by the NDA in 2014.
Leading the charge, Prime Minister Narendra Modi held three rallies - one each in Pataliputra, Buxar and Sasaram constituencies - where he was joined by alliance partners Chief Minister Nitish Kumar, who heads the JD(U) and Union minister and LJP chief Ram Vilas Paswan.
It was an extensive campaign by the Prime Minister who addressed altogether 10 rallies in the state where the total number of seats is 40.
Congress president Rahul Gandhi, who did not visit the state in the last couple of phases, held a rally in Pataliputra in support of jailed RJD supremo Lalu Prasad's eldest daughter Misa .....
Cases filed against BJP man, 2 others for ruckus at MNM poll meet
MP BJP man suspended after objectionable post on Gandhiji
A Madhya Pradesh BJP functionary was suspended from the primary membership of the party for uploading an objectionable post about Mahatma Gandhi and dubbing him "Pakistan's father of the nation".
State BJP chief Rakesh Singh has suspended the primary membership of Saumitra, who was the party's media sampark department's state convener, with immediate effect, informed BJP state media in charge Lokendra Parashar in a press release.
In a Facebook post on Thursday night, Saumitra claimed, "He (Gandhiji) was the father of the nation, but of Pakistan, there were millions of sons like him in India some worthy and some worthless."
Parashar said action was taken as Saumitra had breached party discipline, adding that the latter was given seven days to clarify.
After action on him by the BJP, Saumitra Friday claimed, "The concept of Pakistan was prepared by Britishers and its promulgators were Nehru (first Prime Minister Jawaharlal Nehru) and Jinnah (Mohammed Ali Jinnah), who .....
Jayaprakash elected SFI president
Bitter campaigning ends in LS polls
BJD to shun its "equi-distance" policy after polls: Patro
Plea in HC for payment of salaries of EDMC, North MCD teachers and doctors
L&T buys 13,440 shares of Mindtree, expands shareholding to 26.48%
Infrastructure major Larsen and Toubro (L&T) on Friday acquired 13,440 shares of Mindtree from the open market, as per a regulatory filing.
Earlier this month, L&T had purchased around 20 per cent stake of V G Siddhartha and Cafe Coffee Day in Mindtree through a block deal for about Rs 3,210 crore, and has since topped that up with share purchases from the open market.
"Larsen and Toubro Ltd has acquired 13,440 equity shares (with a face value of Rs 10 each) of Mindtree Ltd on May 16, 2019," a Mindtree filing said.
After the latest transaction, L&T's shareholding in Mindtree stands at 26.48 per cent. The latest stock purchase was made at Rs 979.98 apiece.
On Thursday, L&T had acquired 8.86 lakh shares of Mindtree from the open market. In all, the infrastructure major is eyeing up to 66 per cent stake in Mindtree for around Rs 10,800 crore -- marking the country's first-ever hostile takeover bid in the information technology industry.
L&T had proposed to buy .....
Rupee snaps 3-day winning streak; settles 20 paise down at 70.23
Arvind Ltd reports Q4 profit of Rs 66.71 crore
Textile major Arvind Ltd Friday reported a consolidated profit of Rs 66.71 crore for the quarter ended March 31, 2019.
The company had posted a profit of Rs 115.47 crore crore in the same quarter of 2017-18.
Total income in the reported quarter stood at Rs 1,879.03 crore. It was at Rs 1,863.03 crore in the year-ago period, the company said in a BSE filing.
The results are not comparable with the previous year's period beacuse of demerger of branded apparel undertaking of the company to Arvind Fashions Ltd with effect from November 30, 2018 (the appointed date), it said.
"To the extent current quarter ended on March 31, 2019, year ended March 31, 2019 and quarter ended on December 31, 2018 are not comparable with previous periods presented," the company said.
Giving future growth outlook, the company said it expects 7-8 per cent topline growth over the year, which will mostly be realized in the second half of the current fiscal.
The company's board has recommended a dividend of Rs 2 .....
Team management should give Dhoni freedom to attack from start: Harbhajan
Bajaj Auto shares gain 3.5 pc; m-cap rises by Rs 2,812 cr post earnings
Shares of Bajaj Auto jumped 3.5 per cent Friday after the company reported 19.82 per cent increase in net profit for the fourth quarter ended March 31, 2019.
The scrip climbed 3.30 per cent to close at Rs 3,041.80 on the BSE. During the day, it jumped 6.82 per cent to Rs 3,145.55.
At the NSE, shares gained 3.54 per cent to close at Rs 3,046.90.
On the traded volume front, 1.58 lakh shares of the company were traded on the BSE and over 19 lakh shares on the NSE during the day.
The company's market valuation rose by Rs 2,811.66 crore to Rs 88,019.66 crore on the BSE.
Riding on good domestic motorcycle sales, Bajaj Auto Friday reported 19.82 per cent increase in consolidated net profit at Rs 1,408.49 crore for the fourth quarter ended March 31, 2019.
The company posted a profit of Rs 1,175.47 crore in the year-ago period, Bajaj Auto said in a regulatory filing.
Total revenue from operations for the period under review stood at Rs 7,395.19 crore as against Rs 6,788.43 crore in the .....
Campaign ends in Jharkhand for last phase of elections
Campaigning for the last phase of polling in Jharkhand came to a close at 4 pm on Friday where polling will be held in three Lok Sabha seats on Sunday.
A total number of 45, 64, 681, including 22,00,119 female and 21 third gender voters, will decide the fate of 42 candidates, an Election Commission of India (ECI) release said here.
Polling will be held from 7 am to 4 pm, an ECI official said, adding, Dumka (ST), Rajmahal (ST) and Godda are the constituencies going for polls on Sunday.
A total of 15 candidates are in the fray from Dumka, 14 candidates from Rajmahal and 13 candidates from Godda. In Dumka, eight-time MP and Jharkhand Mukti Morcha (JMM) president Shibu Soren is being challenged by BJP's Sunil Soren.
He had lost to the former chief minister in 2014 and 2009 from the same constituency.
Sitting BJP MP Nishikant Dubey is taking on Jharkhand Vikas Morcha (Prajatantrik) MLA Pradip Yadav, who is backed by the 'Mahagathbandhan' (grand alliance), in Godda.
JMM's .....
AICC circular for its candidates for post-poll counting process
Spencer's Retail to acquire Nature's Basket for Rs 300 cr
Reliance Capital shares gain over 2 pc
EC asks star campaigners, other leaders to refrain from addressing media during silence period
BJP, Cong bank on sitting MLAs to win three LS seats in HP
