Ripples Advisory Opening bell: Vedanta, Airtel in news; Wockhardt, Ambuja Cements earnings today
Bharti Airtel plans to raise as much as $1.5 billion by diluting about a fourth of its stake when it lists the holding company for Africa operations
Asian markets little changed
Asian markets are little changed in the morning trade. According to Reuters, investors are awaiting the US payrolls data. Overnight US stocks closed slightly lower. S&P 500 at 2,629 is down 0.23%.
Vedanta Q4 profit rises 81% to Rs4,802 crore
Vedanta Ltd posted an 81% surge in quarterly profit on Thursday, helped by higher volumes and favourable commodity prices
JSW Energy reports Rs480 crore loss in March quarter
JSW Energy reported consolidated net loss of Rs480.05 crore in the January-March quarter due to a one-time provisions of Rs815 crore.
Honda closes in on Hero MotoCorp for top spot
The slugfest for a pole position in two-wheeler market became intense in April, reports Business Standard. According to the report, Honda Motorcycle and Scooter India closed in on Hero MotoCorp, the market leader.
Bharti Airtel may sell 25% stake in Africa unit
Bharti Airtel plans to raise as much as $1.5 billion by diluting about a fourth of its stake when it lists the holding company for Africa operations
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