COMPANIES & SECTORS


Moneylife Digital Team 30 April 2014
According to Nomura, CIL, the country's largest coal producer, would come up with weak Q4 results and then go in for a broad based hike in notified coal prices Coal India Ltd (CIL), the countries largest coal producer may come out with weak results due to lower year-end incentives and...

Read More



Moneylife Digital Team 30 April 2014
As the automobile industry enters into a slow growth phase with only 8%-9% volume growth projected for FY15-16F, further market share loss could lead to no volume growth or even a decline for Exide Industries, says Nomura Exide Industries has seen a strong improvement in industrial...

Read More



Moneylife Digital Team 30 April 2014
The amalgamation scheme from Gujarat Gas only indicates the discounted cash flow method used for valuing GSPC Gas, GGCL, and GFSL and underlying asset approach method for valuing investment holding company GDNL, says Nomura Gujarat Gas Co Ltd (GGCL) has released the composite scheme of...

Read More



Moneylife Digital Team 29 April 2014
During the March quarter, Dabur India reported a net profit of Rs235.29 crore on robust sales growth in its health supplements, digestives and oral care business Dabur India Ltd (Dabur), the country’s fourth largest fast-moving consumer goods (FMCG) company, posted a 17.3% higher fourth...

Read More



Moneylife Digital Team 29 April 2014
Just a day before the telecom tribunal's verdict allowing 3G intra-circle roaming services among operators, RCom signed an agreement with Tata Tele and Aircel.  A coincidence? The Telecom Disputes Settlement and Appellate Tribunal (TDSAT) on Tuesday upheld plea of Bharti Airtel, Vodafone...

Read More



Moneylife Digital Team 29 April 2014
Annoucing its exit, the Japanese telco said the spectrum administration in India was confusing and totally unpredictable Japanese NTT DOCOMO has announced its plans of exercising the option of selling its entire 26.5% stake in Tata Teleservices Ltd (TTSL) by the end of June 2014 if TTSL...

Read More



Moneylife Digital Team 29 April 2014
For FY14 , Alembic Pharmaceuticals net profit surged to Rs235.50 crore on robust growth of its international generic business Alembic Pharmaceuticals Ltd reported a 43% higher net profit during its full year results due to 99% growth in its international generic business.   For the...

Read More



Moneylife Digital Team 29 April 2014
For FY14, Cholamandalam Finance reported a net profit of Rs364 crore on higher interest income Cholamandalam Investment and Finance Company Ltd, (Cholamandalam Finance), a non-banking finance company (NBFC) reported a 19% higher net profit for FY2013-14 mainly on increased revenues,...

Read More



Moneylife Digital Team 28 April 2014
During the March ended quarter, Shree Cement's net profit fell to Rs222.51 crore on higher expenditure despite a 16% increase in sales   Shree Cement Ltd, reported a 19% decrease in its third quarter net profit due to 22% increase in its expenditure notwithstanding higher sales.

Read More



Moneylife Digital Team 28 April 2014
Mukesh Ambani-led RIL has served legal notice to Moneylife for allegedly lowering the prestige of Reliance Industries among the conglomerate's friends and well-wishers Mukesh Ambani-led Reliance Industries Ltd (RIL) has served a legal notice on Debashis Basu, editor and publisher of...

Read More



Moneylife Digital Team 28 April 2014
Hindustan Unilever’s net profit during the March quarter grew to Rs872.13 crore on low input costs and growth in domestic business Hindustan Unilever Ltd (HUL), the fast moving consumer goods (FMCG), company reported a 11% higher fourth quarter net profit on lower input costs and growth...

Read More



There is the fear that a total ban on mining of iron ore in Odisha would practically cripple the iron and steel industry in the country Odisha is India's largest iron ore producer, accounting for nearly 45% of production of 145 million tonnes. Besides iron ore, it is also the large...

Read More



Moneylife Digital Team 26 April 2014
For FY14, IDFC recorded marginal fall in its net profit to Rs1,803 crore even as its provisions rose 80% IDFC Ltd, an infrastructure finance, non-banking financial company (NBFC), reported almost flattish full year net profit despite an increase of 80% in its provisions. For the 12...

Read More



Moneylife Digital Team 24 April 2014
The telecom regulator has been receiving a number of complaints from consumers regarding poor download speed for mobile internet being experienced by them Soon, mobile and telephone users will have clarity and assurance on the minimum download speed they would get from their telecom...

Read More



Moneylife Digital Team 24 April 2014
IHCL intends to utilise part of the proceeds from the issue towards capital expenditure proposed to be incurred by it for construction of a Vivanta by Taj in Guwahati and to repay some debt Tata group hospitality unit Indian Hotels Company Ltd (IHCL) is planning to raise Rs1,000 crore...

Read More



Moneylife Digital Team 24 April 2014
During the March quarter, Supreme Petrochem's net profit tumbled to Rs9.78 crore on muted domestic sales and higher costs Supreme Petrochem Ltd reported a disappointing third quarter result with its net profit falling by 63% due to slower growth in its domestic sales and higher...

Read More



Moneylife Digital Team 23 April 2014
Prithvi Information Solutions, the Andhra Pradesh based IT company, which had attracted many foreign institutional investors, has now had the ignominy of having the assets of its founder, Madhavi Vuppalapati auctioned by the Sheriff of King County, US, to recover over $17million owed to Kyko...

Read More



Moneylife Digital Team 23 April 2014
For FY2014, VST Industries reported a 19% higher net profit on higher sales and lower excise duty VST Industries, the Hyderabad-based cigarette manufacturer, reported a 19% higher full year net profit on higher sales and lower excise duty. For the 12 month to end-March, VST...

Read More



There is expected to be a surge of new variants and even lower prices, around and after the elections. Increasingly, petrol cars appear better options In the eternal petrol vs diesel debate, a diesel car commands a higher premium because it offers better fuel economy and, often, also a...

Read More



Moneylife Digital Team 23 April 2014
Foseco India March quarter net profit fell 21% to Rs4.57 crore from Rs5.80 crore on higher costs Foseco India, metallurgical chemicals supplier for the ferrous and non-ferrous industry, reported disappointing results in its fourth quarter despite higher sales. For the quarter to...

Read More

Free Helpline
Legal Credit
Feedback