News Digest: Slow lane for India Inc in Q2, Infy under Nilekani, and more

From new track for Rs 1-lakh-cr station development plan to car recalls slow down, BS brings you up to date with latest news

Q2 earnings preview: Another disappointing quarter for India Inc

 

India’s top 50 listed firms, which comprise the benchmark NSE Nifty50 index, are expected to report a mild recovery in earnings during the July-September 2017 quarter, driven by a relatively good show by banks and commodity producers. Read more

 

New track for Rs 1 lakh-cr station development plan

 

Suresh Prabhu’s Rs 1-lakh-crore station redevelopment plan, which he drew up as railways minister, is set to go for an overhaul under Piyush Goyal, who has replaced him. Read more

 

Infosys under Nandan Nilekani: Focus is on business metrics

 

Infosys, India’s second-largest software services firm, has focused largely on ensuring business numbers during the near two-month period since co-founder Nandan Nilekani (pictured) returned to take over as chairman of the firm. Read more

 

Car recalls slow down to a six-year low at 70,000 units in 2017

 

After hitting a record high of almost a million units in the calendar year 2015, recalls are down to just about 70,000 vehicles so far in 2017. Read more