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Y. C. Deveshwar, Chairman, ITC Ltd (file photo)
Y. C. Deveshwar, Chairman, ITC Ltd (file photo)

ITC net profit rises 15.6% to Rs 2,186.4 cr in first quarter

Cigarettes to hotel major, ITC Ltd, on Tuesday reported a 15.6 per cent rise in net profit to Rs... »

BPCL chief connects with staff to take Dream Plan forward

One of S Varadarajan's top priorities on taking over as CMD of Bharat Petroleum Corporation last October was to reach out to employees and see what they had to say about BPCL and the challenges ahead (file picture).
When S Varadarajan took over as CMD of Bharat Petroleum Corporation last October, his top priori... »

Flipkart raises Rs 6,013 cr, drops plans to go public

Sachin Bansal, co-founder, Flipkart
Flipkart, the country’s largest online retailer, has raised $1-billion (Rs 6,013 crore) funding... »

Bharti Airtel net profit jumps 60.9% to Rs 1,108 cr

Bharti Airtel Limited's net profit grew 60.9 in the first quarter ended June 30 to Rs 1,108 cror... »

Ranbaxy loss widens to Rs 185.92 cr in Q1

Ranbaxy Laboratories has posted a massive loss of Rs 185.92 crore during the first quarter of fi... »

Companies

Upgraded blast furnace at RINL to be inaugurated on Wednesday

Union Steel Secretary, G Mohan Kumar, will inaugurate the upgraded blast furnace-1 christened Go... »

Companies

Alembic Q1 net up 24%

Alembic Pharmaceuticals Ltd, a Vadodara-based pharma player, posted a 24 per cent jump in standa... »

Companies

V Guard posts 26% growth in Q1 net profit

Favourable market conditions and growth in top line and bottom line due to better product mix ha... »

Companies

Battle for Mangalore Chemicals enters final round 

The battle between Deepak Fertilizers and Zuari Chemicals’ Saroj Poddar jointly with Vijay Mally... »

Companies

GVK Tokisud to begin coal production

Goindwal Sahib plant to start power generation after Tokisud mine goes on stream
GVK Power & Infrastructure Limited expects to commence coal production from its captive GVK... »

Companies

Thinking inside the box SHUTTERSTOCKS.COM

Getting kinky: Indians are ordering sex toys online

Discreet delivery encouraging more and more people to buy such items online
On a rainy Saturday evening, Kapil Sharma took delivery of a plain brown parcel. The rec... »

Big Bazaar to connect the masses through kabaddi

Future Retail entity Big Bazaar, a leading retailing chain, is aiming to connect the masses through associating the brand with Kabaddi sport, a senior company official has said. “Kabaddi... »

Startup Village teams up with Getit Infomedia

Startup Village has teamed up with leading digital information service provider Getit Infomedia to provide technical and marketing support to start-ups aspiring to make it big in the Indian and As... »

Upgraded blast furnace at RINL to be inaugurated on Wednesday

Union Steel Secretary, G Mohan Kumar, will inaugurate the upgraded blast furnace-1 christened Godavari at the Visakhapatnam steel plant (Rashtriya Ispat Nigam Ltd) on Wednesday morning, according... »

Environmentalists’ concerns over Adani Mining project exaggerated: Hunt

Rebutting concerns raised by environmentalists on the approval of $16.5-billion coal and rail project of India’s Adani Mining in Queensland, Australian Environment Minister, Greg Hunt, today said... »

Getting kinky: Indians are ordering sex toys online

Thinking inside the box SHUTTERSTOCKS.COM

On a rainy Saturday evening, Kapil Sharma took delivery of a plain brown parcel. The rectangular box had no labels, no attention-seeking colours or markings to identify its contents.»

Seed sales resilient to rains

Should the monsoon remain deficient for the rest of the season, will that impact the performance of seed processing companies? Indeed not. Seed being the first agri input each season, farme... »

Blue Star profit rises 36%

Blue Star has reported a 36 per cent increase in net profit at ₹31 crore for the first quarter ended June. The air conditioning and commercial refrigeration major reported a 10 per... »

Satluj Jal Vidyut net up 24% on higher power sales

Public sector hydro power producer Satluj Jal Vidyut Nigam Ltd has reported a 24 per cent increase in net profit for the first quarter of fiscal 2014-15 on the back of higher electricity sales. Fo... »

Dabur India net up 13.3%

Dabur India has posted a consolidated net profit of ₹210.8 crore for the quarter ended June 30, up 13.3 per cent compared to the corresponding quarter in the previous year. Consolidated net... »

Sahara mum on Poonawalas’ offer for Grosvenor House

The Sahara Group has not reverted to the Pune-based vaccine billionaires Cyrus and Adar Poonawala’s on their revised £550 million bid for London-based Grosvenor House hotel.“We have... »

Ramesh joins SCHIL as MD & CEO

Mahindra Holidays Q1 net lower at Rs 20.42 cr

Linc Pen bags award for excellence

Daimler India Commercial Vehicles announces top management rejig

Divestment drives L&T net up to ₹967 cr

BHEL bags Rs 68-cr solar power project order

Vijaya Bank net profit up 22% on rise in interest income, advances

HUL profit rises 3.5% in June quarter

V Guard posts 26% growth in Q1 net profit

Favourable market conditions and growth in top line and bottom line due to better product mix have helped V Guard Industries Ltd to achieve a 26 per cent growth in its net profit in Q1. T... »

RN Galla of Amara Raja Batteries bags lifetime achievement award

R.N. Galla, Chairman of Amara Raja Batteries Limited, was honoured with the “Lifetime Achievement Award” for his contribution to the Indian lead acid battery industry at the International Conferen... »

SBI Life Q1 net up 14% at Rs 241 cr

Private life insurer SBI Life Insurance today announced a 14 per cent increase in net profit at Rs 241 crore for the quarter ending June 2014 as against Rs 212 crore during the corresponding quart... »

Hexaware’s new chief formulates three-pronged strategy for growth

R SRIKRISHNA, CEO, Hexaware

Almost a year after Baring Private Equity Asia picked up a controlling stake in Hexaware Technologies there has been a change of guard at the IT company.R Srikrishna, who was with HC... »

High manpower costs, expanding price control forced Bafna deal

The looming threat of price regulations and increasing manpower costs forced Bafna Pharmaceuticals to look for a partner to continue its India generics business, Chairman Mahaveer Chand Bafna t... »

Ramco Cements Q1 net dives 36%

Slack demand and pressure on prices have taken a toll on Ramco Cements, which has reported a 36 per cent drop in net profit during the first quarter of the current year. A press re... »

After 2 months, Amway India CEO released on bail

Bill Pinckney, Chief Executive Officer of Amway India, was released on bail on Monday. He had been arrested by Andhra Pradesh Police on May 26 from his office in Gurgaon and brought to Kurnool. Th... »
Q1 Comment

HUL: Volume growth bounces back

Hindustan Unilever has marked a sharp turnaround in performance, putting up a volume growth of 6 per cent in the April-June 2014 quarter. Volume growth had been mired in the 3-5 per cent ra... »

‘The customer will pay for an easy-to-use experience’

Digital entertainment platform Hungama.com believes as smart phones penetrations increase, the market for paid content will also scale up. The company, a subsidiary of Hungama Digital, said it... »

Woodland sets higher targets for investment and expansion

Footwear and apparel-maker Woodland is likely to invest around ₹100 crore this fiscal to set up 40 to 50 company-owned stores. One out of every four new store (25 per cent) will be in tier-2 a... »

Praj Q 1 net down 19%

CII seeks PM’s intervention over drug price fixing

Alembic Q1 net up 24%

Amway India CEO William S Pinckney released on bail

Amway India MD & CEO Pinckney released on bail

Greenko Group raises $550 mn through bond issue

Peel-Works raises $2 mn from Inventus Capital & IDG Ventures

Companies

Environmentalists’ concerns over Adani Mining project exaggerated: Hunt

'Will not have a big impact on Great Barrier Reef'
Rebutting concerns raised by environmentalists on the approval of $16.5-billion coal and rail pr... »

Tech

Startup Village teams up with Getit Infomedia

Startup Village has teamed up with leading digital information service provider Getit Infomedia... »

Companies

RN Galla of Amara Raja Batteries bags lifetime achievement award

R.N. Galla, Chairman of Amara Raja Batteries Limited, was honoured with the “Lifetime Achievemen... »

Catalyst

Incurably optimistic

Ad agencies must not cut the branch on which they sit, says Ramesh Narayan
The 1980s and 1990s were exciting times for the advertising industry. A host of new agencie... »  

Portfolio

THE BIG STORY

Return of the ULIP

Like a phoenix rising from the ashes, ULIPs are all fired up after the recent market rally. But do check the long-term track record too before rushing to buy them
After a barrage of bad news over the years, investors in Unit-Linked Insurance Plans (UL... »
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