May 27, 2016 at 15:18 | Source: PTI
Net sales of the company were up 38.18 percent to Rs 410.45 crore during the quarter under review, as against Rs 297.04 crore in the year-ago period.
May 27, 2016 at 15:03 | Source: Moneycontrol.com
Hindustan Petroleum Corporation Ltd has informed BSE that HPCL Board has approved on May 27, 2016 acquisition of 21670020 equity share of Petronet MHB Ltd. (PMHBL) @ Rs.12.04 from Petronet India Ltd totaling to Rs. 26.09 crores.
May 27, 2016 at 15:01 | Source: Moneycontrol.com
Binny Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 27, 2016, has considered and approved the proposal of the Company, to purchase 50 cents (21,800 sq.ft.) of land along with building at Valasaravakkam, Chennai, from M/s. Malgudi Township Developers, Chennai, for a consideration of Rs.20 Crores.
May 27, 2016 at 14:59 | Source: Moneycontrol.com
Operating profit (EBITDA - earnings before interest, tax, depreciation and amortisation) increased 18.8 percent to Rs 2,661 crore and margin has seen expansion of 110 basis points at 6.3 percent for the quarter.
May 27, 2016 at 14:10 | Source: PTI
The company had posted a net profit of Rs 21.7 crore in the corresponding quarter of 2014-15, Sagar Cements said in a regulatory filing.
May 27, 2016 at 13:50 | Source: PTI
The transaction, announced in March, marks the exit of another foreign fund house from the over Rs 13 lakh crore domestic mutual fund industry. In the past few years, a number of other global players have exited the Indian MF business.
May 27, 2016 at 13:11 | Source: Moneycontrol.com
Asset quality in Q4, like other PSU banks, also worsened due to higher-than-expected slippages of Rs 30,313 crore (against Rs 20,692 crore QoQ).
May 27, 2016 at 12:48 | Source: Moneycontrol.com
The airline company's net profit zoomed to Rs 397 crore in fourth quarter of FY16 from a loss of Rs 1729 crore in corresponding quarter last fiscal. During the quarter, its fuel expenses fell 25 percent at Rs 999 crore against Rs 1334 crore in year-ago period.
May 27, 2016 at 12:28 | Source: PTI
The company had posted net loss of Rs 76.9 crore in the corresponding quarter of the previous fiscal.
May 27, 2016 at 12:07 | Source: CNBC-TV18
It was in the news recently when Blackstone Group agreed to buy out Hewlett Packard Enterprises (HPE) majority shareholding in the IT services provider in a deal worth up to Rs 7,071 crore. This deal is on track, says Ganesh Ayyar, CEO of Mphasis.