Mumbai, Oct 6
Weak economic environment, rising non-performing assets and higher cost of funds will keep margins of banks under stress in the second quarter, say analysts.
“Broadly, all banks are going...
Kolkata, Sept 19
Berger Paints India Ltd expects to maintain a “double-digit growth” for the quarter ending September 30, riding on improved sales. The Kolkata-headquartered company posted nearly 11 per...
Hyderabad, Sept. 2
The IT industry can hope for a better year this year. Former Nasscom Chairman and Chief Executive Officer of Zensar Technologies Ganesh Natarajan said the industry is better placed...
New Delhi, July 26
Imaging solutions provider Ricoh India today said it is aiming to achieve Rs 1,000 crore turnover by the end of this fiscal on the back of good growth in its products and services.“We clock...
Chennai, July 8
FIIs pare holding; more small investors enter
Mumbai, May 21
Non-banking financier Shriram City Union Finance (SCUF) today said it expects its margin to fall marginally to around 11 per cent this fiscal on cost pressure.
“We should be able to hold...
Bangalore, April 30
While large IT companies are cautious about their prospects for FY14, mid-size companies are confident about growing their business faster than the industry estimates.
New Delhi, April 13
May set foot in Qatar, Canada and Myanmar this year
Kolkata, Oct. 7
In the first half of 2013-14, SAIL did better than in the same period last year. In a telephonic interview, SAIL Chairman C.S. Verma told Business Line that the second-half co...
New York, Oct 1
US pharmaceutical giant Merck said today it would eliminate an additional 8,500 jobs worldwide as it seeks to cut costs by $2.5 billion by the end of 2015.The new job cuts, combined with pr...
September 16, 2013
It was Black Monday for Ranbaxy Laboratories. With its Mohali (Punjab) plant coming under the scanner of the US drug regulator, Food and Drug Administration (FDA), the pharma major w...
Kochi, Aug. 19
The Kerala-based Rubfila International, the only manufacturer of silicon-coated rubber threads in India, is eyeing a business turnover of Rs 350 crore by 2016.
To achieve the target, the...
Mumbai, July 24
Cairn India, the oil and gas arm of London-listed Vedanta Resources, is planning a capex of Rs 16,000 crore or $3 billion for finding and producing more oil over the next three years through the e...
Kolkata, June 8
SAIL is expecting its net sales realisation to improve during April-June quarter of this fiscal. The State-owned steel major had posted an over nine per cent decline in net sales realisation and a...
New Delhi, May 16
Country’s second largest software services firm Infosys has said changes in policies and laws, both domestic and foreign, and intensifying competition in the technology services market may impact...
Mumbai, April 18
Expectations of good deals boost spirits at TCS
April 12, 2013
The 21 per cent decline in Infosys’ share price post-results was sparked as much by its disappointing numbers as by fears that it is losing its sheen as the poster boy of the Indian IT industry...