Earnings today: As many as 15 companies are slated to release their March quarter earnings today. Prominent among them include ACC, Sasken Technologies, Indiabulls Real Estate and Tata Global Beverages.
GAIL: State-owned Gail (India) has emerged as the highest bidder for seven operating wind power plants of Infrastructure Leasing and Financial Services (IL&FS) having a total generation capacity of 874 megawatts.
Private equity major Blackstone said on Monday it was making its largest investment in the consumer sector in India by picking up a 51 per cent stake in Essel Propack for up to Rs 3,211 crore ($460 million).
RPower, Jet Airways and 32 others:
The National Stock Exchange (NSE) on Monday announced expulsion of 34 securities from the derivatives, also known as futures and options (F&O), segment. The list includes names such as Ajanta Pharma, Allahabad Bank, Jet Airways, Suzlon and Reliance Power.
PVR: PVR has announced the opening of 6 screens multiplex at Suraj Chanda Tara, Amritsar in Punjab.
It has resumed operations at Vishakhapatnam plant. On April 8, a fire broke out at the facility which led to shut down of the operations.
Deepak Fertilisers and Petrochemicals on Monday said its board has given in-principle approval to the company and its subsidiary for raising up to $60 million through debt instruments.
The company has launched a BS-VI compliant vehicle in the premium hatchback segment i.e. Baleno at a starting price of Rs 5.58 lakh/unit (ex-showroom Delhi).
Goa Carbon: Goa Carbon reported standalone net loss of Rs 8.79 crore in the fourth quarter (January-March) of the financial year 2018-19 (FY19).
Mahindra Life: The company has announced final dividend of Rs 6 per equity share for the financial year ended on 31st March, 2019.
OMCs, paint and aviation stocks: Oil prices hovered near 2019 peaks in early trading on Tuesday after Washington abruptly moved to end all Iran sanctions waivers by May, pressuring importers to stop buying from Tehran.
Shriram Transport Finance Co: Ajay Piramal is in talks with Anand Mahindra and others as he looks to exit from the Shriram group of companies, according to a report by The Economic Times.
AU Small Finance Bank:
AU Small Finance Bank reported a 42 per cent jump in its net profit at Rs 118 crore in the March quarter.
Tejas Networks posted 9.2 per cent increase in consolidated net profit for January-March 2019 quarter at Rs 35.89 crore on account of sales growth in international business and to local private sector players. The company had posted a net profit of Rs 32.84 crore in the year-ago period.