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NEW PROJECTS: IOC plans to acquire land for Haldia refinery upgradation
To set up Rs 5,000-cr paraxylene plant. Kolkata, Aug. 9 Nursing major investment plans for Haldia refinery, Indian Oil is planning acquisition of 100 acres of unused land adjacent to the existing refinery premises. ...

ANNOUNCEMENTS: Bajaj to launch 2 more XCD models
Bajaj Auto Ltd will launch two more motorcycle models on the XCD platform, following a good response to the Bajaj XCD, a 125 cc motorcycle. According to a Bajaj Auto press release, the Bajaj XCD 125 DTSi has recorded average sales of 27,000 ...

PERFORMANCE: Understanding ratio analysis
A quicker way to understand a company’s performance, rather than poring over pages of accounts, notes and schedules in the annual report is through ‘ratio analysis’. Ratios can be classified into profitability ratios, ...

OUTLOOK: Indian Hotels, ITC, EIH to expand footprint led by tourism growth
Chennai, Aug. 9 Anticipating continued growth of the tourism sector, three of the leading domestic hotel chains — The Indian Hotels Co Ltd (which owns the Taj brand), ITC Ltd (with its Welcomgroup chain) and EIH Ltd (Trident brand) ...

OUTLOOK: Honda eyes sales of one million 2-wheelers this year
Hyderabad, Aug. 9 Honda Motorcycle & Scooter India is set to close this year with sales of over one million two-wheelers, according to Mr S. Aoyama, President and Chief Executive Officer. ...

NEW PROJECTS: Elango Ind plans coal-based power plant near Chennai
Chennai, Aug. 9 Elango Industries Ltd, a company listed with the Bombay Stock Exchange, plans to set up an 80 MW coal-based group captive power plant at Gummidipoondi, near Chennai. The plant is estimated to cost Rs 415 crore, of which the ...

ALLIANCES & JOINT VENTURES: NTPC in pact with NHPC, PFC, TCS for power exchange
New Delhi, Aug. 9 NTPC Ltd announced here on Saturday that it has inked a memorandum of understanding with hydropower firm NHPC Ltd, Power Finance Corporation and Tata Consultancy Services for a joint venture company to set up a national power ...

PERFORMANCE: When numbers don’t meet expectations
As we put the June earnings season behind us, one question that is likely to linger in investor minds is about how stock prices react to results announcements. Sometimes, a lot of hype is generated before the declaration of the results and the ...

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