Sep 01, 2015 at 17:52 | Source: PTI
A day after the government reported slower-than-expected GDP growth for January quarter, foreign brokerages have cut their forecasts by up to 0.3 percentage points.
Sep 01, 2015 at 17:45 | Source: Moneycontrol.com
SPA Research has come out with its report on "GDP Growth- Q1FY16". GDP growth rate stood at 7% in Q1 FY16 with 2011-2012 as base. Comparatively, GDP growth stood at 7.5% in Q4 FY15 and 7.40% in Q1FY15. Gross Value Added at Basic price constant price for Q1 FY16 grew at 7.1%, says the report.
Sep 01, 2015 at 16:29 | Source: Moneycontrol.com
Market experts feel this is the right time to accumulate quality stocks as they believe India's fundamentals are strong and China will have less impact on global economy, though consistent selling pressure may drag Nifty to 7500 level.
Sep 01, 2015 at 12:59 | Source: Moneycontrol.com
The brokerage expects 2-3 percent volume growth in rest of the year as seen in Q1 FY16. It agrees that series of initiatives may drive Colgate's growth and while sharp correction in petchem prices been a tailwind for the FMCG industry, Colgate may still feel margin pressure.
Sep 01, 2015 at 12:00 | Source: Moneycontrol.com
In Q1, Jet Airways EBITDA was up 5 times as fuel expenses were down 20 percent YoY. Analysts expect further improvement in operational performance in Q2. Low aircraft fuel expenses also aided SpiceJet in posting a stellar April-June quarter.
Sep 01, 2015 at 11:50 | Source: Moneycontrol.com
The progress in the industrial growth in the subsequent quarters could hold the key to the economys growth in the current fiscal considering the risks emanating from the countrys agriculture segment given the prevailing monsoon conditions, says CARE Ratings.
Sep 01, 2015 at 06:48 | Source: Moneycontrol.com
Operating profit (earnings before interest, tax, depreciation and amortisation) shot up 38.4 percent on yearly basis to Rs 104 crore and margin expanded by 530 basis points to 26.1 percent in the quarter ended June.
Aug 31, 2015 at 20:40 | Source: CNBC-TV18
Even as the country's first quarter gross domestic product (GDP) was seen slowing from 7.5 percent to 7 percent, the number had a few economists befuddled.
Aug 31, 2015 at 17:31 | Source: Moneycontrol.com
The country's first quarter (April-June) gross domestic product in fiscal year 2015-16 slipped from 7.5 percent in the previous quarter to 7 percent (January-March). A poll of economists had forecast growth to come in at 7.5 percent.
Aug 31, 2015 at 16:50 | Source: PTI
The company is a fully-equipped organisation serving complete spectrum of IT needs with a strong focus on I-SMAC (Internet of Things - Social, Mobile, Analytics, Cloud), said its Managing Director and Co-Founder Krishna Chintam.