Page 370 - Bs Reporter/workspace/business Standard Web/undefined

Good rains should help improve rural demand: Sanjiv Mehta

Hindustan Unilever reported a decline in volume growth for the September quarter after seven years

Govt sources say cess is a better option than high tax rate

The other option could have been to raise direct taxes, which did not find favour with the Centre

Tech Mahindra Q2 net down 17.5%

Tech Mahindra posted net profit at Rs 643.4 crore for the second quarter

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

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

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

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

Vodafone launches 4G in Ahmedabad

It has already been launched in Kerala, Karnataka, West Bengal, Delhi & NCR, Mumbai, Haryana, UP East

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

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

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

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

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

HUL net profit at Rs 1,095 cr, up 12% y-o-y

Net sales increased 1.5% year on-year, touching Rs 8,335.12 crore for the quarter under review

Pressure on US generics market drags Cadila Healthcare Q2 net

Cadila Healthcare Q2 standalone Net dips 82%; consolidated net down 29%

MCX to appoint new chairman; net up 23% in Q2

The Exchange's market share in commodity derivative space has increased to 89.49% as against 84.13% in Q2 FY2016

PFI ups stake in DHFL Pramerica insurance to 49%

Stake has been increased to the maximum limit allowed under FDI regulations

IDFC Bank Q2 net profit up 46% at Rs 388 crore

Net interest income stood at Rs 509.9 crore, slightly down from Rs 515.2 crore in first quarter of FY17

Pioneer Embroideries to invest Rs 30-crore on capacity expansion

The company's share price closed on Tuesday at Rs 70.60 apiece, a decline of 2 per cent from the previous day