PNC Infratech today reported over three-fold jump in standalone net profit at Rs 111.52 crore during March quarter, on higher income. The company had clocked Rs 33.74 crore net profit during the same quarter a year ago.
It is a GPS-based platform that helps users create and share journeys with other people in real-time
Ramco Cements today reported its standalone net profit at Rs 108.59 crore for the fourth quarter ended March 2018. The company had posted a net profit of Rs 134.47 crore in the January-March quarter a year-ago, Ramco Cements said in a BSE filing.
The company took a one-time hit of Rs 89.36 crore on provisions for its joint venture Starlite Lighting, producing CFL products.
The order was passed by vacation judge Justice S J Kathawala on Tuesday while hearing a petition filed by tenants of Bhatia Building, a century-old structure in south Mumbai, against four landlords.
Indians’ insatiable passion for the yellow metal will ensure that prices don’t fall any time soon, incentive enough for more players to get into the game
Shadow profiles are Facebook’s automatically created profiles on non-users. Datasets for such profiles are collated by scraping through the information stored in phones and linked accounts of its users
An average of estimates of 14 analysts polled by Reuters pegged the company's consolidated net profit to come in at Rs 4,041 crore.
The goal of investing money in real estate is to put money to work today and allow it to increase so that you have more money in the future.
The EGM was called by Fortis minority shareholders East Bridge Capital and Jupiter India Fund in April to remove the directors on an allegation that the Board failed to be fair to all shareholders
The stock is trading at 8 times its annualised cash profit in one of the worst quarter, which is quite attractive, particularly since chrome prices have moved up.
The price paid by the bidders makes one millilitre of the whisky worth $1,450
The bank stands out because of its sheer size and relatively better operating performance among public sector banks, which are fast losing their relevance in the financial system.
On the asset quality front, gross non-performing assets as a percentage of gross advances were higher at 7.35 percent against 6.96 percent, but net NPA were lower at 3.19 against 4.08 percent on sequential basis.
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According to AfrAsia Bank Global Wealth Migration Review, India currently has 119 billionaires, and this number is expected to swell to 357 by 2027.
EBITDA or operating profit was up 61 percent at Rs 844 crore and margin was at 18.34 percent.
The company's valuations are quite reasonable, particularly in light of growth, opportunities in the sector and strong return ratios.
EBITDA profit for the quarter stood at Rs 4.2 crore against loss of Rs 203.6 crore in year-ago quarter.
One trigger after another has led to the 10th consecutive day of increase in retail selling price of petrol and diesel, but there is no case for going back on benchmarking domestic rates against international prices, he said.
Increased investments would boost supply of retail space and it is estimated that about 90 shopping malls would come into the market by 2022 at major cities, it added.
Companies expect use of automation in the workplace to increase from a current 14 percent to 27 percent in three years in India, higher than the APAC average
Oil and Natural Gas Corp (ONGC), India's biggest oil and gas producer, earlier this year completed the acquisition of HPCL for Rs 36,915 crore.
The device will include a 6GB RAM, a Snapdragon 845 processor, 3500mAh battery, 128GB storage, Boomsound audio and IP68 water/dust resistance screen.
Cunningham becomes the second woman to lead a global stock exchange.