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BSE to introduce new corporate debt market platform next week
The Bombay Stock Exchange (BSE) will introduce a secured settlement platform for the Rs 1,500 crore Indian Corporate Debt Market (ICDM) next week.

David Wirt is Tata Commns global head of managed services
Tata Communications today said it has appointed David Wirt as global head of managed services.

News of the day

Naveen to review progress of industries in January
The Orissa government has decided to review the progress of various industries in the state. It will hold discussion with industries pertaining to employment generation, promotion of ancillary and downstream industries, efforts made for skill development and Corporate Social Responsibility (CSR) activities among others.
Business Ideas

Parsvnath Developers Q1 net dips 81% at Rs 14 cr

Real estate firm Parsvnath Developers today reported a net profit of Rs 13.81 crore for the first quarter ended June 30, a 81 per cent decline over the corresponding period a year ago. The company had posted a net profit of Rs 73.96 crore in the same period last fiscal. - FIIs net buy Rs 367cr, DIIs net sell Rs 287cr - Lanco Infratech ends flat - Markets surge on short-covering - HPCL surges 8% on good Q1 nos - RECL hits new high on 73% jump in Q1 net - Tata Steel rebounds, ends up 3% Total revenue of the realty firm halved to Rs 115.20 crore at the end of the June quarter, from Rs 376.42 crore in the corresponding period a year ago, Parsvnath said. Shares of Parsvnath closed at Rs 117.35, up 1.78 per cent over previous close on the BSE.


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