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Budget Reactions

Unsustainable tax demand would only earn bad name: FM

7.32 pm | 21 Nov 2014

There are political risks to reforms and those in government would have to adequately blend the economic reforms with politics.

Arun Jaitley | Finance Minister GoI

Nilgiri to help expand convenience stores chain: Biyani

5.13 pm | 21 Nov 2014

This is an all cash deal, the transaction is around Rs 300 crore to buy out close to 100 percent of the equity

Kishore Biyani | CEO Future Group

Rupee may weaken to 62.50-63/$; RBI may not intervene: DBS

3.42 pm | 21 Nov 2014

RBI would not step in at any point in time to alter the global trend. If rupee has to weaken and if rupee is weakening probably RBI would not intervene.

Arvind Narayanan | Head of Sales, Treasury & Markets DBS Bank

Remain marginally cautious on Indonesia biz: Godrej Cons

3.29 pm | 21 Nov 2014

Starting to witness signs of recovery

Vivek Gambhir | MD Godrej Consumer

Eye 20% RoE in 2015; to launch proj near Gurgaon: Ashiana

3.27 pm | 21 Nov 2014

We are also in active negotiations in couple of more cities to get them on board as well and so within the next couple of years we should have one more city operational after this

Varun Gupta | Whole time director Ashiana Housing

Expect 15-20% vol growth in next few years: Vaibhav Global

1.15 pm | 21 Nov 2014

We are into two largest markets in the world and the market size available to us is very large almost USD 20 billion market size

Sunil Agrawal | Chairman Vaibhav Global

No plans to launch new projects this quarter: Prestige Est

12.36 pm | 21 Nov 2014

Many new projects launched; revenue to get recognised in H2

Irfan Razack | CMD Prestige Estates

No plan to sell tower assets; don't need cash: Idea

12.01 pm | 21 Nov 2014

We will continue to grow at twice the pace of the industry to maintain the growth momentum and will be capable of making necessary expenditures for that

Himanshu Kapania | MD Idea Cellular

Exports constitute 70% of total sales: Pokarna

11.48 am | 21 Nov 2014

The quartz business has been growing significantly

Rahul Jain | ED Pokarna

IDFC Securities bullish on roads, ports sector

5.01 pm | 20 Nov 2014

We are expecting about 4,200 kilometres of roads to be awarded over the next 6 months.


Tech Mahindra acquires US based LCC for USD 240m

4.43 pm | 20 Nov 2014

This is a very strategic acquisition in the sense that the network market is almost as large as IT market in the areas we are in.

Vineet Nayyar | Executive Vice Chairman Tech Mahindra

To meet sales target, bottomline expansion tricky: Gutte

4.37 pm | 20 Nov 2014

For growing 15-20 percent, 25-30 percent, growth is not a very big challenge.

Sunil Gutte | MD Sunil Hitech Engineers

Worst behind CVs; will meet export guidance: Ashok Leyland

4.33 pm | 20 Nov 2014

Exports as percentage of contribution to rise to 14-15% by FY16-end

Vinod Dasari | MD Ashok Leyland

See Zee Ent, Dish TV outperform; Sun TV underperform: IDFC

2.07 pm | 20 Nov 2014

We believe from a structural perspective Sun could be in the game of losing market share even in Tamil Nadu.


Looking at investing Rs 900 cr in greenfield facility: GSK

1.47 pm | 20 Nov 2014

Dermatology and oncology business have grown well

HB Joshipura | MD Glaxosmithkline

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