Vodafone Essar’s strategy to split off its tower infrastructure into an individual firm has hit a smack with the Department of Revenue shooting questions on whether the anticipated investment through Mauritius-based firms would consequent in round tripping.

Bharat Electronics Ltd considers boosting its non-defence product range to 30% from less than 20% as part of its diversification strategy.

Mahanagar Telephone Nigam Ltd recorded a net decline of Rs.83.8 crore for the 4th quarter closed on 31st March, chiefly due to hiked personnel expenses.

Markets increased 3.65% today as investors included small positions before the termination of monthly derivatives agreements.

Bharat Heavy Electricals focuses chiefly on reducing its delivery time and advancing its quality in a decision to avert the Chinese power equipment producers from persuading power generation firms.

ABB stated on Wednesday that it has received deals valued at Rs.127 crore from power manufacturer NTPC for providing engineering goods.

Canara Bank presently trades at Rs.191.90, which is higher by 7.15 points from its last close of Rs.184.75 on the Sensex.

1.91 lakh shares traded on BSE in the counter. The stock saw a standard everyday volume of 1.79 lakh shares in the last quarter.

Samsung India on Tuesday introduced a range of energy-driven LED technology-based TV in the domestic market, cost fixed between Rs.1.25 to Rs.3.5 lakh.

MindTree Limited announced on Wednesday that it has been selected as offshore service associate of SWIFT, the economic messaging provider for over 8,500 banking organizations, securities institutions and corporate clients in more than 200 nations.