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CORPORATE
FINANCIAL PERFORMANCE:
Subsidiaries reduce profits for 2 out of 5 companies
Many cos that made overseas acquisitions suffered the most. BL Research Bureau Subsidiary operations transformed Tata Motors’ standalone profits of Rs 1,000 crore into a loss of Rs 2,505 crore, on consolidation, in the just-concluded ...
OUTLOOK:
PSU oil retailers hopeful of better times post-Budget
New Delhi/Mumbai, July 5 The auto fuel price hike was music to the ears of the three public sector oil marketing companies (OMCs) though they still believe that it is only the “tip of the iceberg” and that the Union Budget will ...
OVERSEAS INVESTMENTS:
Bharat Forge overseas arms hit by slowdown
Company to focus on non-auto business. Chennai, July 5 Seven out of 12 overseas subsidiaries of the Pune-headquartered Bharat Forge Ltd made a loss last financial ...
NEW PROJECTS:
Italian co to make wind turbines at Chennai plant
Joint venture with Shriram EPC. Chennai, July 5 The Italian company, Leitner, a well known name for ropeways and cable cars in Europe, intends to make Chennai its manufacturing hub for its fairly new business— wind ...
Columnists:
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C Gopinath
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Harish Bijoor
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Ramanujam Sridhar
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Radhika Chada
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K Srikrishna
Comments & Letters to the Editor to: bleditor@thehindu.co.in
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