Debasis Mohapatra

Articles by Debasis Mohapatra

Email : editor@ibtimes.co.in

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Equity indices at one month closing high; SBI major gainer

Public sector banking stocks witnessed renewed buying from investors followed by IT on Friday.

Dec 9, 2016

Nalco to post better business growth in second half on improved metal prices

The aluminium major also plans to utilise its internal reserve in funding the company's domestic expansion plans.

Dec 8, 2016

Shares of Divi's Labs fall on US drug regulator's observations

The company informed bourses that the US drug regulator has issued a form 483 with five observations after inspecting its Visakhapatnam unit.

Dec 8, 2016

Essel Infraprojects in talks to buy stake in IVRCL unit: Report

Lenders to the debt-laden infra firm are trying to sell company's assets in order to recover their pending dues.

Dec 8, 2016

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Tata Steel shares surge over 4% on UK investment plan

The company pledged to stay invested at Port Talbot Steelworks for the next 10 years with huge investment plan.

Dec 8, 2016

Markets close on a cheerful note on FII buying, global cues

The 30-share index rallied around 500 points intraday and closed Thursday trade with spectacular gains on bullish investors' sentiments.

Dec 8, 2016

India to be less affected by Trump's economic policies: S&P

According to the global rating agency, large domestic economies like India and China will remain relatively insulated from any economic policy changes from Trump administration.

Dec 7, 2016

Indian consumption story intact despite demonetisation: Morgan Stanley

According to Ridham Desai of Morgan Stanley, it's time to switch to equities from bonds as equities have potential for huge upside over the medium term.

Dec 7, 2016

Sun Pharma shares slide over USFDA observations on Halol unit

An observation letter is usually issued to a drug manufacturing unit in case of violations of existing US norms.

Dec 7, 2016

Samsung wins US Supreme Court fight with Apple in $399 million patent appeal

The US Supreme Court has sided with Samsung saying the company does not have to pay its entire profit from sales of the disputed products.

Dec 7, 2016

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Sensex cracks after RBI's status quo on repo rate; Sun Pharma tanks 6%

Indian equities fell sharply after the RBI left the key policy rates unchanged amid ongoing cash crunch after demonetisation.

Dec 7, 2016

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Gold tumbles below Rs 29,000; rupee gains on global cues

Falling consumer demand post demonetisation has pulled down prices of the yellow metal.

Dec 6, 2016

Biocon to maintain margin despite fall in India sales: Kiran Mazumdar Shaw

Despite a dip in domestic sales after demonetisation, Biocon's export realisations have improved on a depreciating rupee.

Dec 6, 2016

Essar Power approaches banks for debt recast for Mahan project: Report

The private power producer is said to have asked banks to dilute its stake in the Mahan project as part of the Rs 6,564 crore debt restructuring proposal.

Dec 6, 2016

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Steel prices to see limited upside owing to demonetisation

Despite a sharp rise in raw material prices, steel producers will not be able to pass on the cost to consumers due to a possible dip in construction activity after demonetisation.

Dec 6, 2016

Deloitte fined record $8 million by US auditing watchdog

The global auditing firm's Brazilian arm manipulated auditing documents and gave false testimony to thwart investigation.

Dec 6, 2016

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Equity indices end Tuesday trade with marginal gain

Market will take future direction from RBI's policy review which is scheduled to be out on Wednesday.

Dec 6, 2016

ISS advises TCS shareholders to vote against Mistry's ouster

According to the global proxy advisory firm, neither Tata Sons nor TCS are providing compelling reasons for Mistry's removal.

Dec 5, 2016

Demonetisation impact on MFIs: Situation 'much better' compared to last week, says Ujjivan

After feeling the initial pinch of demonetisation, microfinance institutions are slowly witnessing improvements in loan collections and disbursements.

Dec 5, 2016

Paytm to merge its wallet business with proposed payments bank

The digital payment services provider will have to comply with RBI guidelines before starting payments bank operations.

Dec 5, 2016

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Articles by Debasis Mohapatra

Equity indices at one month closing high; SBI major gainer

Nalco to post better business growth in second half on improved metal prices

Shares of Divi's Labs fall on US drug regulator's observations

Essel Infraprojects in talks to buy stake in IVRCL unit: Report

Tata Steel shares surge over 4% on UK investment plan

Markets close on a cheerful note on FII buying, global cues

India to be less affected by Trump's economic policies: S&P

Indian consumption story intact despite demonetisation: Morgan Stanley

Sun Pharma shares slide over USFDA observations on Halol unit

Samsung wins US Supreme Court fight with Apple in $399 million patent appeal

Sensex cracks after RBI's status quo on repo rate; Sun Pharma tanks 6%

Gold tumbles below Rs 29,000; rupee gains on global cues

Biocon to maintain margin despite fall in India sales: Kiran Mazumdar Shaw

Essar Power approaches banks for debt recast for Mahan project: Report

Steel prices to see limited upside owing to demonetisation

Deloitte fined record $8 million by US auditing watchdog

Equity indices end Tuesday trade with marginal gain

ISS advises TCS shareholders to vote against Mistry's ouster

Demonetisation impact on MFIs: Situation 'much better' compared to last week, says Ujjivan

Paytm to merge its wallet business with proposed payments bank

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'