Feb 20, 2017 at 19:28 | Source: PTI
The stock of unsold houses however fell marginally by 1 per cent to 4,53,592 units in Gurgaon, Noida, Mumbai, Kolkata, Pune, Hyderabad, Bengaluru and Chennai from 4,59,067 units in the previous quarter, said PropEquity, a real estate data, research and analytics firm.
Feb 20, 2017 at 18:42 | Source: PTI
FMCG major Nestle today said ithas taken Rs 100 crore hit on sales due to demonetisation andthe sector will take another six months to overcome the impactof the government's move to scarp old high value notes.
Feb 20, 2017 at 17:27 | Source: Moneycontrol.com
L&T Finance Holdings will continue to shed its non-core product lines and focus on those where it has a competitive advantage as it aims for an 18 percent return on equity (RoE) by 2020, non-executive Chairman YM Deosthalee said in a free-wheeling chat with Moneycontrol.
Feb 20, 2017 at 16:23 | Source: Moneycontrol.com
Flipkart owned PhonePe's CEO Sameer Nigam says that differences with ICICI Bank which blocked the app have been amicably resolved, even as he cites UPI to be 'a nascent platform'.
Feb 20, 2017 at 15:49 | Source: Moneycontrol.com
A significant part of rural two-wheeler sales still depend on cash transactions. These are pockets where banks are yet to make significant inroads. Demonetisation crippled their farm income resulting fall in demand for two-wheelers.
Feb 20, 2017 at 15:38 | Source: PTI
The slowdown that started in the October-December quarter of 2016, post the demonetisation is spilling over into the first quarter of 2017 (January-March).
Feb 20, 2017 at 14:59 | Source: Reuters
The company, which mines for emeralds and amethysts in Zambia and for ruby and corundum in Mozambique, reported a loss of USD4.3 million for the half year ended December 31. Revenue fell 45.7 percent to 51 million pounds.
Feb 20, 2017 at 14:48 | Source: CNBC-TV18
Competition is healthy for any business because it brings in pricing efficiency and product quality into the market, says B Thiagarajan, Joint MD, Blue Star commenting on the acquisition of Lloyd Electric by Havells India.
Feb 20, 2017 at 13:47 | Source: CNBC-TV18
Britannia will no longer stick to bakery and dairy products, says Managing Director Varun Berry. The company is also keenly looking at the micro-snacking space for expansion.
Feb 20, 2017 at 09:13 | Source: Moneycontrol.com
In a bid to further capitalise on the gains made due to demonetisation, Vijay Shekhar Sharma-led Paytm plans to invest Rs 600 crore in the next 10 months to develop a QR code-based payments solution.