COMPANIES & SECTORS


Moneylife Digital Team 21 January 2011
Higher coal prices impact power producer’s bottom line; looks to acquire more coal assets to meet its requirements JSW Energy expects to close the deal to acquire the entire stake in Canadian coal miner CIC Energy by the end of next month, according to a senior official at JSW Energy. "We...

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Shukti Sarma 21 January 2011
The market leader says it plans to transfer its units to a subsidiary in which Roquette Freres will be the majority stakeholder When, or rather, why does a winner quit? Shareholders of starch and starch derivatives giant Riddhi Siddhi Gluco Biols Limited are pondering over this question.

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Munira Dongre 19 January 2011
Yet another strong quarter from TCS leads to upgrades; Axis overcomes asset quality and margin concerns; order booking weakness a major worry for L&T Tata Consultancy Services (TCS) The dollar revenue for the country’s top software services exporter, was exactly in line with estimates at $2.14...

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Sharad Matade 19 January 2011
Before the initial public offering, analysts and the CIL management were speaking of increased production and higher prices for the company’s products. However, the story has changed dramatically now Coal India Ltd (CIL) had raised a whopping Rs15,000 crore through its initial public offering...

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Moneylife Digital Team 19 January 2011
Pantaloon Retail is running an operation that can only be maintained by a constant injection of loans. As interest rates rise, this will play havoc with the bottom-line Shareholders of leading retail chain Pantaloon Retail should be a worried lot. The stock has fallen by a sharp 42% over just...

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Munira Dongre 18 January 2011
Therapies for heart disease, diabetes and such ailments, which are spreading fast, are expected to make up about half the pharma market in about 20 years We, Indians, are not getting any healthier. With people in tier-1, tier-2, and now tier 3 cities increasingly adopting Western lifestyles...

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Yogesh Sapkale Yogesh Sapkale 18 January 2011
TVS Motors, Hero Honda enjoy over 100% sales growth in December, but market leader Honda manages just 9%. Mahindra, Suzuki also achieve over 70% rise Scooter manufacturers, especially those who have introduced new-generation gearless scooters, are enjoying the fruits of their labour, as sales...

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Moneylife Digital Team 17 January 2011
Follow-on public issue to raise up to Rs3,700 crore for Jamshepur expansion hits market on Wednesday Tata Steel has acquired nearly 75% of land required for its greenfield project at Kalinganagar in Orissa and it intends to start work soon, Hemant M Nerurkar, managing director, Tata Steel, told...

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Shukti Sarma 14 January 2011
Spiralling prices are making consumers cut expenses, while higher input costs are putting pressure on margins forcing manufacturers to increase prices While the government's beloved aam admi is having nightmares with the scorching prices of grocery and vegetables, the fast-moving consumer goods...

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Veeresh Malik Veeresh Malik 13 January 2011
Mercedez-Benz has made and sold 30,000 cars in India in 15 years, the company says. But going by the number of these and other luxury cars visible on our roads, India is slowly joining the group of countries involved in the global car theft business Mercedes-Benz proudly revealed, a few weeks...

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Munira Dongre 13 January 2011
Infosys' Q3 results fall short of expectations; the company says the next quarter is likely to stay soft. Stock suffers biggest decline in 15 months, but analysts do not expect it will drop much further as IT is considered a 'safe haven' for now Infosys Technologies, the country's second...

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Sucheta Dalal Sucheta Dalal 13 January 2011
Could the lenders have done better and forced a stronger group to acquire the beleaguered Ispat? As things stand, it is the Mittals who called the shots and the lenders were forced to nod in acceptance It was towards the end of 2002 that Indian lending institutions first threatened to force...

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Sanket Dhanorkar 13 January 2011
The deal machine was in overdrive in 2010 as Indian corporates exhibited a voracious appetite for cross-border mergers and acquisitions (M&A), after two lacklustre years. In fact, outbound deal values during the year far outstripped those in 2007, when M&A activity was previously at its peak....

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Veeresh Malik Veeresh Malik 13 January 2011
The automobile moment of 2010 (international) had to be the display of enthusiasm and reverence for the monarchy by certain segments of the British population, obstructing the progress of the long-standing Crown Prince, in a Rolls Royce on a street that is otherwise packed with visiting tourists...

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Sharad Matade 12 January 2011
This would be the second such hike in January—rising raw material prices and the demand-supply mismatch may further worsen the scenario Surging prices of raw materials-mainly coking coal-have started showing their impact, as Indian steel companies are likely to increase prices by 2%-3% within...

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Sharad Matade 12 January 2011
Industry players suggest a phased increase in prices as rubber input costs continue to impact margins Tyre manufacturers may increase the prices of their products this month as rubber input costs continue to climb in the domestic and international markets. The increase in prices of tyres is...

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Munira Dongre 12 January 2011
The new rules allow slum rehab in the CRZ area, redevelopment of dilapidated structures in this previously no-go area and higher FSI. But benefits could take a while to come in The new coastal regulation zone (CRZ) norms open up huge development potential for real estate companies in Mumbai....

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Munira Dongre 11 January 2011
Expect IT to zoom if Infosys’ sequential growth is above 7%, ups it dollar revenue guidance for the year above 26%, and gives positive vibes on IT budgets and discretionary spending Expectations are high on Q3 results and all eyes are focused on information technology, particularly Infosys,...

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Sharad Matade 11 January 2011
Unprecedented flash floods in Australia, coupled with a possible hike in Chinese consumption may fuel prices of the black gold  Indian steel producers may see a sharp surge in April-June contract prices of coking coal as the floods in Australia-the worst in 50 years-have disturbed mining and...

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