20 Sep 2018 | 7:03 PM
Research Report

Equity Research Report: Religare Morning Digest

Keeping in mind the overall scenario, we believe further decline is inevitable and possibility of testing 7900 in Nifty is quite high in the coming sessions.
08 May 2015 | 07:00 AM

With an aim to increase FDI inflows, the government enhanced Foreign Investment Promotion Board's (FIPB) powers to clear foreign investment proposals of up to Rs 3,000 crore. Earlier, the FIPB had powers to approve investment of up to Rs 2,000 crore and those exceeding the ceiling were taken up by the cabinet.


Sintex Industries's fourth quarter consolidated net profit climbed 22.7 percent year-on-year to Rs 198 crore, aided by other income and lower finance cost. Total income from operations grew by 9.7 percent to Rs 2,176.3 crore for the quarter ended March 2015 compared to Rs 1,983 crore in the year-ago period, supported by growth in textile and plastics businesses.