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  • Punjab & Sind Bank profit rises 18% to Rs 205 crore in April-June

    New Delhi, Aug 1 State-owned Punjab & Sind Bank on Monday reported an 18 per cent growth in net profit at Rs 205 crore in the April-June quarter of..

  • India's power shortage at 1% in April-June this fiscal

    India's power shortage at 1% in April-June this fiscal

    The minister explained to the House that the gap is generally on account of factors other than inadequacy of power availability in the country, such as constraints in the distribution network, financial constraints, commercial reasons, forced outage of generating units etc.

  • India GDP: 5 things to watch out for in Q1FY22 GDP to be released today

    India GDP: 5 things to watch out for in Q1FY22 GDP to be released today

    Rating agencies and the central Bank expect India’s GDP to have grown 18-22 percent in Q1 FY22, but this is in comparison with a low base a year ago when economic activity was devastated by the pandemic-induced lockdowns

  • 24,000 residential units launched during Apr-Jun: Study

    24,000 residential units launched during Apr-Jun: Study

    According to a report by Colliers International India, Q2 2016 witnessed the residential sector on the cusp of a recovery, as the top six cities – Bengaluru, Pune, Mumbai, Gurgaon, Noida and Chennai – &#82

  • Capital First Q1 net profit rises 46% to Rs 45 cr

    Capital First Q1 net profit rises 46% to Rs 45 cr

    Capital First today reported 45.7 per cent rise in net profit to Rs 45.18 crore for the first quarter ended June 30.

  • Crompton Greaves Consumer Electrical up 12%, Q1 net rises 38%

    Crompton Greaves Consumer Electrical up 12%, Q1 net rises 38%

    The company's Q1 net profit was up 38 percent at Rs 91.9 crore and total income increased by 11.9 percent at Rs 1,120.8 crore, on sequential basis.

  • India Q1 GDP growth rate slows to 7% vs 7.5% QoQ

    India Q1 GDP growth rate slows to 7% vs 7.5% QoQ

    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.

  • Japan Q3 GDP slows, consumption expected to pick up again

    Japan Q3 GDP slows, consumption expected to pick up again

    The 0.5 percent expansion in July-September compares with the median estimate for a 0.4 percent increase and followed 0.9 percent growth in April-June, data showed on Thursday.

  • Find out: India's property trends for April-June 2013

    Find out: India's property trends for April-June 2013

    Makaan.com Property Index ["MPI"] for April-June 2013 reveals a silver lining for the real estate industry that has been experiencing the absence of buyers.

  • Untouched repo rate reveals Subbarao stood by TAC opinion

    Untouched repo rate reveals Subbarao stood by TAC opinion

    The Reserve Bank of India (RBI) governor D Subbarao stood with the majority opinion of the Technical Advisory Committee (TAC) and refrained from tweaking the policy (repo) rate in the first quarter (April-June) of the monetary policy review announced on July 30.

  • Britannia Q1 cons net profit jumps 93% to Rs 90cr

    Britannia Q1 cons net profit jumps 93% to Rs 90cr

    Britannia's operating margin for April-June came in at 7.7 percent, up from 4.7 percent a year ago, which Vinita Bali, MD, said, was due to improvement in product mix and higher price realisation, apart from cost management.

  • Here's what to expect from SBI Q1 earnings

    Here's what to expect from SBI Q1 earnings

    India's banking behemoth - the State Bank of India (SBI) is expected to report a fall of 5 percent year-on-year in its first quarter (April-June) net profit to Rs 3,565 crore. Net interest income (NII) or the difference between interest earned and paid out, is likely to grow at a muted pace of just 2 percent to Rs 11,288 crore.

  • Sobha Developers Q1 net up 11%, sales volume moderates

    Sobha Developers Q1 net up 11%, sales volume moderates

    South-based realty company Sobha Developers reported a growth of 11 percent year-on-year growth in its first quarter (April-June, FY14) consolidated net profit to about Rs 50 crore.

  • Sun Pharma declines after Taro's Q1 earnings drop

    Sun Pharma declines after Taro's Q1 earnings drop

    Israel-based Taro's first quarter net income declined 7 percent, while revenue fell 4 percent, which the company said was due to a one-time charge taken to meet contractual obligations.

  • Tata Motors Q1 cons net likely flat; revenue seen up 6%

    Tata Motors Q1 cons net likely flat; revenue seen up 6%

    Jaguar Land Rover's profit is expected to rise 22 percent year-on-year, while revenue is seen up 8 percent. However, Tata Motors' standalone operations are likely to report a loss of Rs 400 crore, while revenue is seen down 18 percent.

  • Jubilant Food still sees 8-10% FY14 same-store sales growth

    Jubilant Food still sees 8-10% FY14 same-store sales growth

    The Domino's Pizza and Dunkin' Donuts restaurant chain operator's same-store sales grew just over 6 percent in April-June, sharply lower than the 22.3 percent growth in the year ago quarter and Ravi Gupta, CFO, says the company is taking taking steps to encourage consumption.

  • Canara Bank Q1 net nearly flat on higher provisions

    Canara Bank Q1 net nearly flat on higher provisions

    State-owned Canara Bank first quarter (April-June, FY14) net profit nearly remained flat at Rs 792 crore as against Rs 775 crore a year back, up merely 2 percent year-on-year. A spike in provisions and contingences, which grew 119 percent y-o-y to Rs 916 crore capped the bank‘s profit margin.

  • Here's what to expect from Canara Bank Q1 earnings

    Here's what to expect from Canara Bank Q1 earnings

    South-based state-owned lender Canara Bank is likely to report 4 percent year-on-year growth in its first quarter (April-June) net profit at 807 crore. Net interest income or the difference between interests earned and paid out, may grow 17 percent to Rs 2,163 crore, according to an average poll estimate by CNBC TV18.

  • Thangamayil Jewellery sees Rs 1,500-1,600cr sales in FY14

    Thangamayil Jewellery sees Rs 1,500-1,600cr sales in FY14

    Thangamayil's first quarter net profit declined 9 percent YoY, which LGY Kumar, GM - Finance, said was because of one-time loss in inventory due to fall in gold prices and expenses were also higher.

  • Titan Industries exploring gold export opportunities: Bhat

    Titan Industries exploring gold export opportunities: Bhat

    Bhaskar Bhat, MD, said that while the onus of exporting gold lies on bullion bankers from whom it buys gold, Titan too is exploring export opportunities now.

  • GSK Consumer Healthcare Q2 net profit up 13% to Rs 120cr

    GSK Consumer Healthcare Q2 net profit up 13% to Rs 120cr

    The company's net sales in April-June were up 17 percent to Rs 853 crore.

  • Here's what to expect from ICICI Bank's Q1 results

    Here's what to expect from ICICI Bank's Q1 results

    India's largest ICICI Bank's first quarter (April-June, FY14) net profit is likely to rise 24 percent year-on-year to Rs 2,252 crore. Net interest income or the difference between interest earned and paid out, may increase 21 percent y-o-y to Rs 3,850 crore.

  • Shoppers Stop Q1 standalone net trebles to Rs 1.64cr

    Shoppers Stop Q1 standalone net trebles to Rs 1.64cr

    Shoppers Stop opened 20 outlets in April-June and is well positioned for a steady growth trajectory, said, Govind Shrikhande, MD.

  • RBI Credit Policy: Leaves key rates unchanged, reflects no hawkish stance

    RBI Credit Policy: Leaves key rates unchanged, reflects no hawkish stance

    The RBI in its first quarter (April-June, 2013-14) monetary policy left key rates unchanged hinting at rate cuts in future subject to market stability. With this, D Subbarao, the governor who had taken the central bank assignment in September, 2008; presented his last quarterly policy before he hangs up his boots in September this year.

  • Allahabad Bank Q1 net fall 20% on surge of bad loans

    Allahabad Bank Q1 net fall 20% on surge of bad loans

    State-owned Allahabad Bank's first quarter (April-June) net profit dropped nearly 20 percent year-on-year to Rs 413 crore, dented by a spike in bad loans. Net interest income (NII) or the difference between interest earned and paid out, was little changed at Rs 1,312 crore compared with Rs 1,306 crore a year ago.

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