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CRISIL retains Apollo Hospitals` fair value to Rs 982
May 24, 2013 at 19:55 | Source: Moneycontrol.com
CRISIL Research has come out with its report on Apollo Hospitals Enterprise. The research firm expects the company's pharmacy business' margin to improve to 3.3 percent in FY14 and 4 percent in FY15 driven by increase in revenue per store.
Fortis Healthcare: Outcome of EGM
May 24, 2013 at 17:15 | Source: Moneycontrol.com
Fortis Healthcare at its EGM held on May 24, 2013 has approved special resolution for raising additional funds through further issue of securities by way of preferential allotment to International Finance Corporation.
Fortis Health receives AUSD 270.38 mn from divestment
May 24, 2013 at 14:03 | Source: Moneycontrol.com
The Supreme Court of Victoria on May 24, 2013 approved the Scheme of Arrangement for Bupa Australia Health Pty to complete its full acquisition of Dental Corporation Holdings and consequently, Bupa will acquire 100% of the shares in Dental Corp. Fortis Healthcare International, step down subsidiary of Fortis Healthcare, will receive AUSD 270.38mn.
SpiceJet likely to post Q4 net loss at Rs 60 cr
May 24, 2013 at 11:39 | Source: Moneycontrol.com
As per CNBC-TV18 poll, SpiceJet's revenues are likely to go up by 35 percent to Rs 1,501 crore in the March quarter from Rs 1,113 crore Y-o-Y, despite industry passenger growth falling 1.5 percent Y-o-Y due to expansion in international segment.
Tech Mahindra Q4 cons net up 25% YoY at Rs 377cr
May 21, 2013 at 16:24 | Source: Moneycontrol.com
Tech Mahindra's Q4 consolidated net profit was up 25 percent year-on-year to Rs 377 crore, while revenue soared 35 percent to Rs 1,907 crore. The results were better than analysts' expectation of profit of Rs 368 crore on revenue of Rs 1,833 crore.
Vodafone posts biggest fall in service revenue
May 21, 2013 at 14:06 | Source: Reuters
Vodafone reported biggest fall for service revenue for the quarter , the group 's full-year sales aslso fell by 4.2 percent to 44.4 billion pounds, while core earnings fell 3.1 percent to 13.3 billion pounds. There was no mention of the stake sell to joint venture partner Verizon Communications in the U.S

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Political landscape changes with improving economy
WASHINGTON (AP) — Alleged misbehavior by the Internal Revenue Service and other federal agencies gives the GOP something else to talk about and investigate as the economy clearly, if slowly, recover...
May 26, 2013 at 02:00 | Source: Business Week
Improving economy alters political landscape
WASHINGTON: Alleged misbehavior by the Internal Revenue Service and other federal agencies gives the opposition Republican Party something else to talk about and investigate as the economy clearly, i...
May 25, 2013 at 17:15 | Source: Economic Times
The IRS Scandal and Donors
A controversy in Washington over the Internal Revenue Service's treatment of certain tax-exempt groups highlights the confusing rules governing the political activities of nonprofits. Enlarge ...
May 25, 2013 at 12:00 | Source: Wall Street Journal
Inside IRS Unit Under Fire
WSJ's Matthew Rose on three reasons the IRS story is staying in the spotlight: It's a genuine scandal; it involves a part of government that many people loathe; and it plays into the G...
May 25, 2013 at 12:00 | Source: Wall Street Journal
IRS exempt unit faulted for group scrutiny in past
The Internal Revenue Service unit under scrutiny for targeting conservative groups has been faulted previously by the Treasury Department’s inspector general for an array of problems, from delayed ...
May 25, 2013 at 11:22 | Source: Market Watch
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