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21 Oct 2016 | 3:04 AM
Research Report

Equity Research Report: Religare Morning Digest

We maintain our negative view and expect the Nifty index to test 7700 mark in coming week.
13 Oct 2014 | 07:00 AM

Corporate News: 

Infosys consolidated net profit as per IFRS rose 7.28% to Rs 3096 crore on 4.48% rise in revenue to Rs 13,342 crore in Q2 September 2014 over Q1 June 2014. Its board recommended a bonus issue of one equity share for every equity share held, and a bonus issue, viz., a stock dividend of one American Depositary Share (ADS) for every ADS held, respectively.

Cairn India reported 7% drop in second quarter production from its flagship Rajasthan oilfields, mainly due to a shutdown at the fields to carry out maintenance work. Rajasthan block production in July-September stood at 163,262 barrels of oil per day as compared to 175,478 bpd a year ago.

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