New Document top_band
Companies » News
 

News Rss icon

After $1-bn fundraising, Flipkart now worth $7 bn

No plan for an IPO anytime soon; firm aims to enter $100-bn valuation club

Tata Group to invest $35 billion in 3 years

Vision 2025 to focus on four clusters; aim is to join the global club of top 25 companies

Essar revamps foreign biz

The infusion comes within months of the group investing $150 million in Trinity Coal, which helped the company emerge from bankruptcy

SpiceJet owes Rs 200 cr to airports, govt

Airline says can't discuss dues publicly, denies grounding of planes

Features Rss icon

Retailers search for clarity in govt's policy confusion

While the government may be looking at easing the rules for single-brand retail, multi-brand and online continue to be caught in a logjam

Himalayan climbs up the price ladder

NourishCo, the Tata-PepsiCo JV, extends the brand to sparkling water to take on foreign brands with price edge

HUL and some other FMCG firms weather slowdown

While HUL posts 6% volume growth, Dabur and Asian Paints bucked slowdown trend with 8.3% and 11-12% growth respectively in Q1

Power-packed diversification for RPower through JP deal

While the company gets earnings-accretive assets, analysts are cautious, citing a lack of complete deal details

CompaniesRss icon

ITC net up 15.6% on agri, paper, cigarette sales

Cigarette segment saw an increase of 21.4% in pre-tax profit at Rs 2,721.75 cr

DCB Bank aims to double balance sheet in 3 years

The bank had closed the first quarter (April-June) of this financial year with total assets of Rs 12,884 cr

Ranbaxy provisions for settlement with US

The company continues in red due to the provision for settlement with US govt


ITC net up 15.6% on agri, paper, cigarette sales

Cigarette segment saw an increase of 21.4% in pre-tax profit at Rs 2,721.75 cr

Cigarettes continue to drive ITC's profitability

While hotels and FMCG saw weak top line growth, most segments witnessed Ebit margin contraction

VIP Industries Q1 Net up 16.52% at Rs 26.8 crore

The company had reported a net profit of Rs 23 crore in the April-June quarter of the previous year


DCB Bank aims to double balance sheet in 3 years

The bank had closed the first quarter (April-June) of this financial year with total assets of Rs 12,884 cr

Bank of Baroda installs cash-recycling ATMs

These ATMs allow cash recycling operation where by the deposited cash can be dispensed in future transactions

Rajiv Lall to be MD of IDFC's bank

Existing shareholders to get equivalent share in the proposed bank


Airtel net rises 61% on data revenue

Operating earnings up 18%, Africa revenue rises 12% in constant terms

Bharti Airtel: India biz drives Q1 earnings

India margins and realisations trend upwards, Africa witnesses high customer churn, margin dip

Market rally throws buybacks off track

Ongoing offers unlikely to succeed as shares trading above highest buyback prices


Hexaware will diversify its global delivery: R Srikrishna

Interview with Chief Executive, Hexaware Technologies

Buy TCS in small quantities

Investment experts advise buying on correction or having an accumulation plan for the next one year

Flipkart to announce $1-bn fund-raising today

The country's top e-commerce company is also said to be planning a new sprawling complex of 1.5 mn sq ft


Ranbaxy provisions for settlement with US

The company continues in red due to the provision for settlement with US govt

Arun Gupta quits as CIO of Cipla

Under him, a new business technology team was formed at Cipla and he took multiple initiatives

Alembic Pharma Q1 net up 39% at Rs 64.67 cr

Company had reported net profit of Rs 46.64 crore in the April-June period of 2013-14 fiscal


New Jaguar XE sedan to make global debut in September

The company is looking to bring new levels of aluminium-intensive lightweight construction expertise to the segment

Ashok Leyland to invest around Rs 450-500 crore

Company also said would look at sale of non-core assets to reduce debt

TaxiForSure to raise more funds for expansion

Company plans to expand services to 20 cities by 2015


Torrent Power posts net profit of Rs 86 cr in Q1

The consolidated total income from operations for stood at Rs 2,562 cr, up 16%

Power-packed diversification for RPower through JP deal

While the company gets earnings-accretive assets, analysts are cautious, citing a lack of complete deal details

Domestic solar cell makers set to vie with all countries save China

Last month, India slapped dumping duty on solar gear imported from the US, China, Malaysia and Taiwan, to protect domestic players


Praj Industries Q1 net profit down 19%

Company's revenues were Rs 221.27 crore for the quarter up by 28% from Rs 173.06 crore in the last quarter of the same year

MP govt may reclaim 2,200 acre land from BHEL

From 1956 to 1962 the state government had allocated 6,045.180 acres of land to BHEL

V-Guard posted 26% rise in net

Net revenue from operations were Rs. 477.70 crore; an increase of 17%


Prism Cement Q1 net profit at Rs 13.24 crore

The company had clocked Rs 47.87 crore net loss in the same quarter last fiscal

Market rally throws buybacks off track

Ongoing offers unlikely to succeed as shares trading above highest buyback prices

Sintex acquires French component maker Simonin group

The deal is viewed as a strategic move towards consolidating Sintex Group's positioning in the European continent


Sesa Sterlite net at Rs 375 cr

Excluding the exceptional item, the company's bottom line stood at Rs 1,341 cr for the period under review, up 8.5% from estimates

Australia Trade minister welcomes green nod to Adani mining & rail project

Carmichael Coal Mine spread over 44,700 hectares and 189 km rail project will have an operating life of 90 years

JSW Steel wants to pay promoter's wife for brand promotion

A firm 99.99% owned by Sangita Jindal proposed to get recurring annual fee of about Rs 125 cr


MCF open offer bids await CCI nod

Zuari's open offer has been approved by Sebi

Renuka Sugars to soon approach Sebi on Rs 725-cr rights issue

In February, the company's board had given in-principle approval for issuing shares to existing shareholders through the rights issue to raise ...

Govt's 10 fertiliser plants closed, 7 under losses: Nihal Chand

Govt has planned financial restructuring of three sick units namely MFL, BVFCL and FACT


RBI fines 12 banks in DCHL loan default case

The banks collectively had a total exposure of around Rs 4,000 crore

HT Media Q1 net at Rs 32.67 crore

Company had posted a net profit of Rs 47.49 crore and net sales of Rs 532.23 crore in the corresponding period a year ago

NDTV shares spurt 20% on takeover buzz, Trai norms

TV Today, Zee Media up over 5% each


HPCL to go solo on its Rs 700-cr LPG facility

France's Total SA was to partner the company earlier for the Mangalore project

BP profit jumps, but warns of Russia sanctions impact

BP says till date, sanctions haven't impacted business in Russia, where it makes a third of its crude oil output, but that could change

Gas price review likely to cover uniform pricing

Govt deliberations appear set to go over this part of Rangarajan recommendation, too


Opinion Rss icon

Vanita Kohli-Khandekar

Vanita Kohli-Khandekar: Welcoming FDI in news
Vanita Kohli-Khandekar

Allowing foreign investment will push media firms to clean up their act and put in place systems that will allow good journalism to flourish

Shyamal Majumdar

Shyamal Majumdar: In defence of Indra Nooyi
Shyamal Majumdar

There is no guarantee that a stay-at-home mom would 'have it all'

Vanita Kohli-Khandekar

Vanita Kohli-Khandekar: Getting on with TV digitisation
Vanita Kohli-Khandekar

Despite a chaotic market, our third attempt at digitisation is going well

Brand World Rss icon

Crime pays on TV

It may be a murky real world but crime themes bring in steady viewership for GECs

What the super-rich like to spend on

Ultra High Networth Households (ultra HNH) have grown by 16%. The total net worth of ultra HNHs has also increased to Rs 104 lakh crore. Besides ...

At Leo Burnett, the young don't waste their youth

Playwright G B Shaw may have been right, but at this ad agency, a young top management is lining up crack teams and new-age managers to stay in ...

AnnouncementsRss icon

Quick Links

Financial X-Ray Rss icon

Bharti Airtel: India biz drives Q1 earnings

India margins and realisations trend upwards, Africa witnesses high customer churn, margin dip

Cigarettes continue to drive ITC's profitability

While hotels and FMCG saw weak top line growth, most segments witnessed Ebit margin contraction

L&T: Weak execution in India hits sales growth

Stand-alone margins up 140 bps y-o-y to 10.5%; analysts expect recovery in sales growth

HUL's strong margin show may not sustain

Even as analysts believe volumes have bottomed, margins could correct as ad spends go up