Bharadwaj Sharma

Articles by Bharadwaj Sharma

Email : editor@ibtimes.co.in

Banks Likely to Hire Agency to Inspect Bhushan Steel

To monitor the operations of Bhushan Steel, banks with an exposure of Rs.40, 000 crore in company are in talks to appoint a management agency.

Aug 9, 2014

Indian Stocks Record Second Consecutive Weekly Fall on Geopolitical Issues

BSE Sensex and NSE Nifty ended one percent lower on Friday.

Aug 8, 2014

SBI Reports First Profit Growth in Six Quarters

The State Bank of India on Friday reported its first profit in the last six quarters due to the higher interest income and stability of bad loans.

Aug 8, 2014

Shares of Gujarat State Petronet Slip on 32% Quarterly Loss

Stocks of Gujarat State Petronet fell 3.68 percent to Rs.82.50 per share at 11 am during trading hours on Friday. The shares fell after the company posted its declined revenue results due to lower operational income.

Aug 8, 2014

a-passenger-outside-the-spicejet-airlines-ticket-counter-at-the-domestic-airport-on-the-outskirts-of-agartala

Maran to Sell Majority Stake in SpiceJet, 10% Salary Hike after 3 Years

The airline posted a loss of ₹1,003.24 crore in the previous financial year.

Aug 8, 2014

RCom Receives ₹650 Cr from Promoter Group Telecom

Reliance Communications on Thursday announced that it has received the first instalment of Rs 650 crore from Telecom Infrastructure Finance.

Aug 7, 2014

Adani Likely to Join Hands with IOC for Mundra Port Oil Refinery Project

The Adani Group and Indian Oil Corporation are in talks to build an Rs.30, 000 crore joint venture project with a capacity of 30 million tonne refinery at Mundra Port in Gujarat.

Aug 7, 2014

RBI Tightens Regulatory Norms for Asset Reconstruction Firms

Additionally the apex bank has also asked these companies to disclose the recoveries made under each asset that they acquire.

Aug 7, 2014

Sensex, Nifty Slumps; IT Stocks Surge

The benchmark Sensex closed 0.94 percent lower at 25660.84 points and the broader Nifty ended 0.96 percent lower at 7672.05 points.

Aug 6, 2014

Syndicate Bank Bribery Case: Bhushan Steel Shares Dip 20% at 52-week Low

Stocks of Bhushan Steel recorded a year's low at ₹305 per share following involvement in Syndicate bank corruption case.

Aug 6, 2014

DoT Rejects CAG's Allegations on Undue Favours Extended to Reliance Jio

The telecom department responded in a 37 page report to Comptroller and Auditor General (CAG) regarding the issue.

Aug 6, 2014

Essar Bags $54 Million Contract from Saudi Aramco

Essar Projects, an engineering company on Tuesday announced that it has bagged a $54 million (₹328 crore) project from Saudi Arabian national oil and natural gas company Aramco.

Aug 5, 2014

Air India Incurs ₹10 Crore Loss Each Month due to Large Billboards in Take-off Area

Large and fancy billboards have been hindering smooth take-offs in Mumbai airport, due to which Air India reportedly incurs an estimated loss of about ₹10 crore per month on its Mumbai-New York flight

Aug 5, 2014

Indian Service Sector Slows in July after June's Record High

India's service sector growth plunged in July as new orders slowed last month, according to HSBC Services Purchasing Manager Index (PMI).

Aug 5, 2014

RBI Policy Review: Rates Unchanged at 8%

The Reserve Bank of India has kept the repo rate steady at eight percent during the third bi-monthly policy review on Tuesday.

Aug 5, 2014

Sensex, Nifty Gain; Infosys Rallies on Weaker Rupee

Indian shares ended higher on Monday, snapping two days of fall as software services exporter Infosys rallied on weaker rupee, while lenders gained a day before the central bank's policy review.

Aug 4, 2014

2G and 3G Spectrum Auction Expected in February

The department of telecom is likely to start the auction of 2G and 3G spectrum bands from February 2015.

Aug 2, 2014

India's Factory Output Reaches 17-Month High: HSBC PMI

Indian factory output rose to a 17-month high in July.

Aug 1, 2014

Piramal, Dutch APG Alliance for $1 Billion Infrastructure Investment in India

Piramal Enterprises Limited has linked up with Dutch pension fund APG Asset Management to invest $1 billion in Indian infrastructure companies over three years.

Jul 31, 2014

ICICI Bank Net Profit Rises 17% to $440 Million

ICICI's net profit for its fiscal first quarter rose to 26.55 billion rupees ($440 million) with a 17 percent rise.

Jul 31, 2014

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Articles by Bharadwaj Sharma

Banks Likely to Hire Agency to Inspect Bhushan Steel

Indian Stocks Record Second Consecutive Weekly Fall on Geopolitical Issues

SBI Reports First Profit Growth in Six Quarters

Shares of Gujarat State Petronet Slip on 32% Quarterly Loss

Maran to Sell Majority Stake in SpiceJet, 10% Salary Hike after 3 Years

RCom Receives ₹650 Cr from Promoter Group Telecom

Adani Likely to Join Hands with IOC for Mundra Port Oil Refinery Project

RBI Tightens Regulatory Norms for Asset Reconstruction Firms

Sensex, Nifty Slumps; IT Stocks Surge

Syndicate Bank Bribery Case: Bhushan Steel Shares Dip 20% at 52-week Low

DoT Rejects CAG's Allegations on Undue Favours Extended to Reliance Jio

Essar Bags $54 Million Contract from Saudi Aramco

Air India Incurs ₹10 Crore Loss Each Month due to Large Billboards in Take-off Area

Indian Service Sector Slows in July after June's Record High

RBI Policy Review: Rates Unchanged at 8%

Sensex, Nifty Gain; Infosys Rallies on Weaker Rupee

2G and 3G Spectrum Auction Expected in February

India's Factory Output Reaches 17-Month High: HSBC PMI

Piramal, Dutch APG Alliance for $1 Billion Infrastructure Investment in India

ICICI Bank Net Profit Rises 17% to $440 Million

Ranveer Singh touches Sanjay Leela Bhansali's feet; Sara Ali Khan, Aditi Rao Hydari radiate in ethnic outfits at reception

Omar lambasts "arrogant" Congress after BJP's historic victory; Mehbooba reacts [details]

BJP leads in 53 seats, crosses majority mark in Chhattisgarh

Ranbir Kapoor's fans burst crackers inside theatres during Animal screening; fans say 'low budget Salman Khan' fans'