May 03, 2016 at 07:30 | Source: PTI
Income from operations grew 19.77 percent to Rs 1,957.96 crore in the fourth quarter ended March 31, while total disbursements jumped 20 percent to Rs 10,688 crore, Chairman and Managing Director Y M Deosthale told reporters.
May 02, 2016 at 11:36 | Source: CNBC-TV18
A pick-up in sales of commercial vehicles may help Cholamandalam Investment and Finance clock 20 percent growth in fiscal year 2017, Managing Director Vellayan Subbiah says.
Apr 29, 2016 at 20:45 | Source: CNBC-TV18
While Bank of America Merrill Lynch (BofAML), UBS and Kotak are learnt to have been selected as global co-ordinators, Deutsche Bank, HSBC and ICICI Securities are likely to be the Book Running Lead Managers (BRLM), sources said.
Apr 29, 2016 at 10:02 | Source: CNBC-TV18
Prakash Gaba of prakashgaba.com is of the view that one may short Larsen & Toubro and feels that Reliance Industries may test Rs 967.
Apr 29, 2016 at 08:05 | Source: CNBC-TV18
Manas Jaiswal of manasjaiswal.com is of the view that one can buy ILandFS Investment Managers with a target of Rs 20 and Piramal Enterprises with a target of Rs 1210.
Apr 28, 2016 at 20:04 | Source: CNBC-TV18
With growth remaining challenged in developed markets and central banks staying put, it would create a favourable backdrop for EM fund flows, says Arvind Sanger, Founder and Managing Partner, Geosphere Capital.
Apr 28, 2016 at 16:15 | Source: CNBC-TV18
Companies exposed to the rural sector have seen a solid run-up in the market bounceback that has been seen since the February lows but they may continue to perform well going forward well, says Nilesh Shah, MD of Kotak Asset Management.
Apr 28, 2016 at 11:53 | Source: PTI
"Religare Enterprises Limited (REL) has entered into a definitive agreement to divest its stake in Landmark Partners LLC, and certain of its subsidiaries. REL holds its stake in Landmark through its US-based step-down subsidiary, ReligareGlobal Asset Management Inc," the company said in a BSE filing.
Apr 26, 2016 at 11:30 | Source: Moneycontrol.com
Currently, foreign direct investment (FDI) is prohibited in manufacturing tobacco. However, what DIPP is also considering a ban in technology collaboration. It will mean including the licensing of franchises as well as brand name in management contract and in case of Godfrey Phillips this regards with the brand name of Marlboro.