Monday, 11 February 2013
Reliance Communications share tanks over 9%, m-cap slips Rs 1,662 cr on Q3 result
Reliance Communications scrip today tumbled over 9 per cent, wiping out Rs 1,662 crore from its market value, after the company reported 43.5 per cent fall in consolidated net profit for the October-December quarter.After falling over 10 per cent during the day, shares of the company finally closed at Rs 80.05, down 9.14 per cent from its previous close on the BSE.At the NSE, the scrip was down 8.80 per cent to Rs 80.30. In the...
Car sales in India down 12.45% in January
Car sales in India fell an annual 12.5 per cent in January, the third consecutive slide and the fifth in sixth months, an industry lobby group said on Monday, as sales of cars in a once-booming market head for their worst growth in nine years.
Automakers sold 173,420 cars in India last month, according to data from the Society of Indian...
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