Balrampur Chini Mills performed poorly as its ethanol business disappointed. Pramod Patwari, CFO of Balrampur Chini Mills, told CNBC-TV18 that nothing has changed in the ethanol business as such, volumes vary in the quarter-on-quarter (QoQ) basis and in this particular quarter, there was some delay from the oil marketing companies (OMCs) for the regularisation of the new contract. 

The CBI has booked Educomp Solutions, its subsidiary and directors for allegedly defrauding an SBI-led consortium of 13 banks to the tune of Rs 1,955 crore and carried out searches at eight locations on Tuesday, officials said.

After a decent set coming in from Thermax as well as Honeywell automation, the expectation is that Siemens should also be able to report a good quarter.

Online travel company MakeMyTrip on Tuesday reported a lower adjusted operating loss of Rs 78 crore ($11 million) for the third quarter. The company also announced elevation of Rajesh Magow as the group chief executive officer while founder Deep Kalra will take up the role of executive Chairman.