The Vibrant Gujarat Global Summit which started in 2003 to rekindle the pace of investments in the state has since, established itself as one of the most important international business events in the country.
Godrej Consumer Products Ltd declared a robust set of numbers, with profits rising 12 percent while net sales grew 7 percent.
According to Saugata Gupta, MD & CEO, Marico raw material prices are likely to remains soft for couple more quarters, which the company would like to to pass on in terms of pricing.
The company posted net revenues of Rs 247.7 crore for the quarter under review, up 9.4 percent from Rs 226.4 crore for the year-ago period, a company statement said here.
Tata Motors, India's largest automobile company with consolidated revenues of Rs 2,32,834 crore in 2013-14, has already launched the Prima range in various countries, including Kenya, Oman, the UAE and Qatar.
Emami reported a rise in the consolidated net profit on the back of strong performance of its domestic business.
Bernhard Steinruecke, Director General of the Chamber, hailed Modi's 'Make-in-India' programme and said German companies are "very optimistic" about India.
Zee Entertainment Enterprises' third quarter revenues rose 26.6 percent year-on-year to Rs 1188 crore, driven by a strong growth in advertisement revenues and a healthy increase in subscription revenues.
Unichem Labs logged a 12.4 percent growth in secondary sales-- made by distributors to chemists-during the December quarter when the industry grew at 5 percent, said Rakesh Parikh, VP Finance.
Indian businesses have grown leaps and bounds with successful entrepreneurs Harish Mariwala and Kumar Mangalam Birla. They have steered their businesses to new heights and opened new avenues for the country.
Kolkata-based FMCG maker Emami is expecting its margins will see some improvement going ahead, helped by lower cost of raw materials like menthol.
Sanjeev Zarbade, Analyst, Kotak Securities told CNBC-TV18 that going ahead L&T is maintaining margins at current levels. Reason being, the new orders are not really margin dilutive and no significant downside risk to the margins is seen.
In a bid to stem the cascading impact of global economic turmoil, the RBI has decided to take a deeper insight of banks’ international business. The regulator has revived the process of making onsite visits at foreign branches held by their subsidiaries or in any manner, almost after more than two decades, a source from RBI told Moneycontrol.com.