Titan Press release on its ‘visioning exercise’ underlines longer
Our take after clarification with the company
After a likely 25% ..
Setting expectations or resetting margins?
* FY19 guidance almost in line – in fact, marginally better due to a weakerthan-expected 4Q exit: INFO’s CC rev..
Alkem Laboratories (Alkem) received thirteen 483 observations post USFDA inspection at its Daman plant. USFDA inspected this formulation manufacturing facility from 19th ..
HDFC SL showed strong performance in APE growth at 32% YoY for FY18 slightly below our expectations (Ple: 35% YoY) mainly led by ULIPs. However, margins improved signific..
GRUH Finance’s Q4FY18 PAT of Rs1.3bn was up 18.2% YoY. Growth in AUM at 17.5% YoY is still lower than the usual 25%+ asset growth that GRUH had been clocking up unt..
This time in hybrid data management Event:
HCL Technologies and Sumeru Equity Partners to Acquire Actian Corporation
* HCLT and Sumeru Equi..
Tata Sponge’s numbers were better than estimates driven by higher realisation and volume leading to better spreads. Net sales during the quarter grew 45.7%/13.5% Yo..
Mindtree results beat our estimates in USD revenues, EBIDTA margin and PAT. PAT was 33% above our estimates led by margin beat and higher other income (aided by reversal ..
JLR’s Mar-2018 wholesales in line at 76.2k units
Land Rover volumes increase 7.9% YoY; Jaguar volumes up 2.7% YoY
* JLR’s wholesale volumes grew 6.4% Y..
Infosys‟ (INFO) 4QFY18 earnings and FY19E revenue guidance (6-8%) were better than feared, while EBIT margin guidance was a tad disappointing. As part of its strategy r..
Update on demerger
* To have a clear focus on business operations, Talwalkars Better Value Fitness Ltd (TBVFL) announced the demerger of its gyming business on Novemb..
The National Company Law Tribunal (NCLT) has approved Vedanta’s resolution plan for acquisition of Electrosteel Steels (Electrosteel). A wholly-owned subsidiary of ..
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
APEC fails to reach consensus as U.S.-China divide deepens
Modi stacks RBI board with allies to turn heat up on governor
Interpol renews arrest warrant for MOL`s CEO, Croatia says
Oil prices, foreign fund flows to set course of equity indices
Iran, India discuss trade cooperation under US sanctions
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