March 23, 2018
NZ ends lower as consumer staples and utilities drag (Updates to close) Australian shares closed lower on Tuesday in light trade ahead of the year's first Federal Reserve policy meeting, with commodity stocks pressured by concerns US President Donald Trump could impose more protectionist trade measures. The S&P/ASX 200 index fell 0.4 per cent, or…
March 23, 2018
NEW DELHI: Jaiprakash Associates (JAL) tumbled over 2 per cent on Wednesday after the Supreme Court asked the embattled realty firm to deposit Rs 200 crore in two installments by May 10. The bench headed by Chief Justice Dipak Misra asked the real estate major to deposit Rs 100 crore by April 6 and the…
March 23, 2018
KOCHI: Tiles major H&R Johnson, a division of Prism Cement Ltd., is expecting its turnover to remain flat in the current fiscal as growth in housing industry has been subdued due to the impact of factors like demonetisation, GST and RERA. The company’s revenue was Rs 1822 crore in 2016-17. "We should be closing this…
March 23, 2018
NEW DELHI: The initial public offering (IPO) of real estate developer Karda Constructions got fully subscribed in the first hour of the second day of the bidding process. The issue received bids for 43,66,080 shares against the total issue size of 43,00,000 shares, NSE data showed. The QIB quota was subscribed 1.04 times while NII…