BS Reporter
BS Reporter
Page 361 - Bs Reporter
Good rains should help improve rural demand: Sanjiv Mehta
Hindustan Unilever reported a decline in volume growth for the September quarter after seven years
 "Good rains should help improve rural demand: Sanjiv Mehta")
Vedanta PAT up 17%; crude, copper pull down revenue
Firm says strong operating performance, higher commodity prices helped it improve EBITDA, at Rs 4,640 cr, by 31%
 "Vedanta PAT up 17%; crude, copper pull down revenue")
Supreme Court declines to stay high court order; DND flyover to remain toll-free
Senior counsel A M Singhvi urged the apex court to stay the court order citing the company's negative revenues for several years
 "Supreme Court declines to stay high court order; DND flyover to remain toll-free")
Eicher Q2 net up 54 per cent at Rs 396 crore
Profit surged to Rs 396 crore against Rs 257 crore in the corresponding quarter last year
 "Eicher Q2 net up 54 per cent at Rs 396 crore")
Jaitley asks young IPS probationers to learn to fight newer crime
Says crime is no longer conventional; urges recruits to use modern tools to contain terror
 "Jaitley asks young IPS probationers to learn to fight newer crime")
Tech Mahindra Q2 net down 17.5%
Tech Mahindra posted net profit at Rs 643.4 crore for the second quarter
 "Tech Mahindra Q2 net down 17.5%")
Varun entirely lapped up
The company is a bottler for PepsiCo Inc and has set a price band of Rs 440-445 per share
Torrent Power's stand-alone net dips by 41.92% at Q2
The company's stand-alone net profit decreased by 41.92% to Rs 138.68 crore in the second quarter of this financial year
 "Torrent Power's stand-alone net dips by 41.92% at Q2")
Texmaco posts over 90% surge in Q2 net profit
Company net revenues rose by 81.53% at Rs 236. 57 crore during the July-September period this year
 "Texmaco posts over 90% surge in Q2 net profit")
OCARE launches India's first dental insurance product
Dental insurance usually falls under the general health insurance plan and does not cover dental ailments exclusively
 "OCARE launches India's first dental insurance product")
Essel Propack's Q2 net up 27%
Total income from operations of the company was reported at Rs 596.1 crore for the second quarter
 "Essel Propack's Q2 net up 27%")
With eye on $20 billion revenue target, Vishal Sikka promotes executives
To stem exodus of leaders, Sikka has taken efforts to increase employee stock options, salaries, and offer promotions
 "With eye on $20 billion revenue target, Vishal Sikka promotes executives")
Vodafone launches 4G in Ahmedabad
It has already been launched in Kerala, Karnataka, West Bengal, Delhi & NCR, Mumbai, Haryana, UP East
 "Vodafone launches 4G in Ahmedabad")
Redington net profit at Rs 100 crore
It has posted a net profit of Rs 100.21 crore for the quarter ended September 30, 2016
 "Redington net profit at Rs 100 crore")
Sagar Cements to raise Rs 300 crore for fund expansion
It proposes to issue 6,11,986 equity shares of Rs 10 each on a preferential basis to promoter and promoter group
 "Sagar Cements to raise Rs 300 crore for fund expansion")
Sebi, stock exchanges seek report from Tatas
Talks of swift action if violation of corp governance is suspected; stock exchanges also send notices to Tata firms
 "Sebi, stock exchanges seek report from Tatas")
AP govt to issue fresh notification for selection of Amaravati developer
The consortium was formed by Ascendas-Singbridge Pte Limited and Sembcorp Development Limited
Torrent Pharma Q2 net down 59%
Revenues from the US market fell from Rs 712 crore in Q2 FY16 to Rs 322 crore in Q2 FY17
 "Torrent Pharma Q2 net down 59%")
IPO update: PNB Housing half covered, Varun Beverages a third
PNB Housing' Rs 3,000-crore IPO closes on Thursday, while the Rs 1,100-crore issue of Varun Beverages will remain open till Friday
 "IPO update: PNB Housing half covered, Varun Beverages a third")
Pressure on US generics market drags Cadila Healthcare Q2 net
Cadila Healthcare Q2 standalone Net dips 82%; consolidated net down 29%
 "Pressure on US generics market drags Cadila Healthcare Q2 net")