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Rating agency Crisil reported a net profit of Rs 45.98 crore for its first quarter (January-March), compared with Rs 46.15 crore during the same period last year. However, last year’s quarterly net profit was boosted by a one-time profit from asset sales. Adjusting for that, Crisil’s net profit was up 33% year-on-year.
Prabhudas Lilladher has come out with its earning estimates on auto ancillary sector for the quarter ended March 2011. According to the research firm, CEAT March quarter net sales are expected to go up by 22.5% at Rs 956.5 crore, year-on-year, (YoY) basis.
Prabhudas Lilladher has come out with its earning estimates on auto ancillary sector for the quarter ended March 2011. According to the research firm, Amara Raja Batteries March quarter net sales are expected to go up by 6.8% at Rs 462.9 crore, year-on-year, (YoY) basis.
Prabhudas Lilladher has come out with its earning estimates on auto ancillary sector for the quarter ended March 2011. According to the research firm, Apollo Tyres March quarter net sales are expected to go up by 12% at Rs 2401.1 crore, year-on-year, (YoY) basis.
China and India both reported higher-than-expected inflation readings on Friday, giving fresh ammunition to central bankers and investors alike who are worried about mounting price pressures in the global economy.
Shares of learning solutions provider Everonn Education jumped over 10 percent after it signed a joint venture agreement with National Skill Development Corp to provide vocational training to students across the country.
Prabhudas Lilladher has come out with its earning estimates on auto ancillary sector for the quarter ended March 2011. According to the research firm, Motherson Sumi Systems March quarter net sales are expected to go up by 10% at Rs 2230.8 crore, year-on-year, (YoY) basis.
Birla Sun Life Mutual launches Birla Sun Life Gold ETF, an open ended gold exchange traded fund that aims to generate returns that is in line with the performance of gold, subject to tracking error.
Indian equity benchmarks ended with moderate loss this week. The 50-share NSE Nifty was down 17.45 points or 0.3%, to close at 5,824.55 and the 30-share BSE Sensex slipped 64.63 points or 0.3%, to end at 19,386.82.
Prabhudas Lilladher has come out with its earning estimates on auto ancillary sector for the quarter ended March 2011. According to the research firm, Bharat Forge March quarter net sales are expected to go up by 50.5% at Rs 846.2 crore, year-on-year, (YoY) basis.
Prabhudas Lilladher has come out with its earning estimates on auto ancillary sector for the quarter ended March 2011. According to the research firm, Exide Industries March quarter net sales are expected to go up by 10.9% at Rs 1142.8 crore, year-on-year, (YoY) basis.
Direct selling FMCG company Amway plans to invest about Rs 250 crore to set up a manufacturing plant in India. William S Pinckney, Amway India managing director and chief executive officer, said work on the proposed plant should start next year and will be completed by 2013 although the location has not yet been finalised, reports Hindustan Times.
APR Constructions has filed draft red herring prospectus (DRHP) with the market regulator SEBI for public issue of equity shares of Rs 10 each aggregative upto Rs 104 crore.
Prabhudas Lilladher has come out with its earning estimates on automobiles sector for the quarter ended March 2011. According to the research firm, Ashok Leyland March quarter net sales are expected to go up by 24.4% at Rs 3656.9 crore, year-on-year, (YoY) basis.
Prabhudas Lilladher has come out with its earning estimates on automobiles sector for the quarter ended March 2011. According to the research firm, Hero Honda March quarter net sales are expected to go up by 27.8% at Rs 5269.6 crore, year-on-year, (YoY) basis.
Prabhudas Lilladher has come out with its earning estimates on automobiles sector for the quarter ended March 2011. According to the research firm, Maruti Suzuki March quarter net sales are expected to go up by 19.4% at Rs 10059.3 crore, year-on-year, (YoY) basis.
British consumer goods major Reckitt Benckiser (RB) has completed the acquisition of Ahmedabad-based FMCG firm Paras Pharmaceuticals after getting necessary regulatory clearances, reports Business Standard.
Prabhudas Lilladher has come out with its earning estimates on automobiles sector for the quarter ended March 2011. According to the research firm, Bajaj Auto March quarter net sales are expected to go up by 24.7% at Rs 4237.8 crore, year-on-year, (YoY) basis.
Prabhudas Lilladher has come out with its earning estimates on automobiles sector for the quarter ended March 2011. According to the research firm, Mahindra & Mahindra (M&M) March quarter net sales are expected to go up by 20.7% at Rs 6404.4 crore, year-on-year, (YoY) basis.
Prabhudas Lilladher has come out with its earning estimates on automobiles sector for the quarter ended March 2011. According to the research firm, Tata Motors March quarter net sales are expected to go up by 18.2% at Rs 34243.8 crore, year-on-year, (YoY) basis.
Korean consumer durables LG announced its entry into the Indian water purifier market and said it aims to be a major player in the category by offering a range of products across all segments of consumers, reports The Economic Times.
FMCG major Hindustan Unilever’s market share in shampoo segment is declining and analysts pointed out that there is a concern over the firm losing out to competition in its other core segments, reports The Hindu Business Line.
Kirloskar Ferrous has its Board of Directors meeting on April 26, 2011 to consider dividend.
Wyeth has its Board of Directors meeting on May 03, 2011 to consider final dividend.
Oil Country has its Board of Directors meeting on April 28, 2011 to consider dividend.
