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Apr 24, 2018 3:39 PM

Market close on a positive note; Nifty above 10,600.

The market closes in the green with the NSE Nifty at 10,619 points and the BSE Sensex at 34,619 points. The market was largely supported by banks and financial stocks while the metals dragging after US delayed its Rusal sanctions. Reliance Industries, HDFC and ICICI Bank pulled the market up. The market breadth was in favour of the declines and the Advance-Decline ratio stood at 3:4.

Apr 24, 2018 3:37 PM

Trump administration tightens H-1B visa procedure. ## Trump administration tightens H-1B visa procedure.

The Trump administration is working on proposals to streamline the H-1B visa procedure, the most sought after by Indian IT professionals, to focus on attracting the best and the brightest foreign talents, according to a top federal agency official.

The proposed regulation also aims to intensify efforts to crackdown on H-1B visa fraud, said Francis Cissna, US Citizenship and Immigration Services (USCIS) Director in a letter to Senator Chuck Grassley.

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Apr 24, 2018 3:13 PM

Mitessh Thakkar recommends: Buy Cadila Healthcare and Reliance Industries.

Watch the full video here

Apr 24, 2018 3:09 PM

Market extends gains; RIL, ICICI Bank gain.

The market is extending gains in the last hour of trade with the Sensex at 34,674 points and the NSE Nifty at 10,631 points. Banks and financial stocks are supporting the market out of which Yes Bank and ICICI Bank are among the top gainers. Reliance Industries is gaining further post the positive outcome of the February telecom data.

Apr 24, 2018 2:54 PM

ICICI Prudential Life reports Q4 with consolidated net profit at Rs 340.3 crore.

Apr 24, 2018 2:23 PM

Reliance Home Finance Q4 profit declines 47% on a year-on-year basis.

Apr 24, 2018 2:14 PM

WATCH| The latest developments in the $12 billion Walmart-Flipkart deal.

Apr 24, 2018 2:12 PM

Market regains strength; Nifty back on 10,600 range.

The market is raising recovery signals with the BSE Sensex trading at 34,595 points and the NSE Nifty trading at 10,607 points. Despite the change in the crude oil prices, the market is supported by Reliance Industries, HDFC and ICICI Bank which are above 1.5%. Metals and technology stocks continued to be under pressure.

Apr 24, 2018 2:10 PM

Q4 earnings: Network18 posts a consolidated net loss at Rs 45.6 crore. ## Q4 earnings: Network18 posts a consolidated net loss at Rs 45.6 crore.

Network18 posted a consolidated net loss at Rs 45.6 crore with a revenue of Rs 824.9 crore in its quarterly earnings. The consolidated EBITDA stands at Rs 30.1 crore with an EBITDA margin of 3.6%.

(Network18, the parent company of CNBCTV18.com, is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.)

Apr 24, 2018 1:59 PM

Essar completes sale of Equinox Business Parks for Rs 2,400 crore​.

​Essar Group on Tuesday said the company had concluded the sale of its commercial property, Equinox Business Parks, to Brookfield Asset Management for an enterprise value of Rs 2,400 crore.

The property, which is located in Mumbai's Bandra-Kurla Complex, has leasable office space of about 1.25 million sq feet, and is spread over nearly 10 acres.

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Apr 24, 2018 1:40 PM

Check out TV18's Q4 numbers.

Apr 24, 2018 1:25 PM

TV18 Broadcast reports consolidated net loss at Rs 1.1 crore. ## TV18 Broadcast reports consolidated net loss at Rs 1.1 crore.

The TV18 Broadcast reported a consolidated net loss at Rs 1.1 crore as against the profit of Rs 6 crore posted on a year-on-year basis. The consolidated revenue stands at Rs 757.8 crore versus Rs 279 crore, on a year-on-year basis. The consolidated EBITDA margin at 5.2% versus the 9.5% posted earlier.

(Network18, the parent company of CNBCTV18.com and TV18, is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.)

Apr 24, 2018 1:23 PM

Rupee is at day's low, currently trading at 66.39 against the US dollar.

Apr 24, 2018 12:55 PM

European market trades flat, Indian market off highs.

The European market is currently trading flat in early trade with the FTSE gaining 19 basis points at 7,413 points. The Indian market continues to be off highs due as the Nifty is still below the 10,600 range and the Sensex is trading at 34,532 points.

Apr 24, 2018 12:54 PM

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