Activations and revised exchange policy add luster to Jewellery
Titan (TTAN) released its pre-quarterly update for 4QFY18. Key highlights:
* 4QFY18 turned out to b..
Expect strong double-digit IRRs in TBCB projects
A strong business and attractive valuations keep us optimistic
Analysis suggests strong double-digit IRRs in TBCB ..
With most of the provisioning of the stressed assets behind us and South Indian Bank (SIB) focusing on aggressively growing its retail book, we expect the growth story to..
We expect Cummins India to be able to deliver growth at c.16.4% CAGR (against flat YY growth in FY18E) between FY18-20 given the continued momentum in industrial demand a..
Mar-18 wholesales up 28.1% YoY to 326.7k units
Domestic sales grew by 22.6% YoY; exports up 60.4% YoY
* Wholesales of 326.7k units (+28.1% YoY) were above our esti..
Dispatches of 22.5k units above estimate of 21k units
MHCVs grew 11.7% YoY, while LCVs rose 57.6% YoY
* AL’s Mar-18 wholesale dispatches grew 20% YoY to 22.5k..
VECV Mar-18 wholesales of 9.4k units exceed estimate
VECV’s volumes grow 28.4% in Mar-18.
* VECV Mar-18 volumes of 9,411 units were above our estimate of 8...
Amber Enterprises India (Amber) is a leading Room AC (RAC) manufacturer with 19% overall market share and 55% share among OEM/ODM players as of FY17. The company is well ..
Volumes up 20% YoY to 730.5k, above estimate of 667.6k
HMCL records highest-ever monthly volumes in Mar-18
* HMCL’s Mar-18 volumes grew 20% YoY to 730,473 un..
US sanctions on Rusal (April 2018) and alumina cost push led to ~10% rise in the aluminium prices since Feb’18 end. Besides, supply disruptions, the sanctions also ..
Mar-18 dispatches of 334.3k units miss estimate of 348k
Domestic volumes of 204k units below est. of 218k; exports in line
* BJAUT’s Mar-18 sales increased ..
Infosys 4QFY18 results were a mixed bag. Revenues at USD2805mn were up 1.8% QoQ and marginally below our estimates (Ple: USD2824mn). Constant currency growth for the quar..
BSNL to offer more data, validity under select prepaid plans
India's IOC buys U.S. Light Louisiana Sweet oil via tender
M&S seeks technology savings through Tata tie-up
PwC to fight SEBI audit ban to limit franchise impact
Infosys signs agreement with U.S. IRS; sees lower tax rate
Cabinet approves Ordinance to confiscate properties of fugitive economic offenders
Not doing anything on-screen was hardest: Banita Sandhu on `October`
Healing herbs for new moms
Cabinet approves restructured scheme for making local bodies self-sustainable
Cabinet nod for death penalty for raping children below 12
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