Online grocer Bigbasket is on the lookout to raise another round of funding of USD 150 million sometime after March next year, an article in Mint today said. According to sources, this may be the last round of fund-raising before the company considers an initial public offer.
Balrampur Chini posted weak set of quarterly earnings Wednesday, with net loss widening from Rs 4 crore to Rs 72.7 crore.
In a chat with CNBC-TV18's Farah Bookwala-Vhora, Airasia India chief Mittu Chandiliya discussed plans to ramp up fleet and the impact of the regulatory & policy uncertainty on its expansion plans.
According to a Crisil report, the breakeven period after buying a costlier diesel car, compared to a petrol vehicle, has moved up from 2.4 years in FY2012 (when the differential between the fuel prices was at the maximum) to an estimated 5.6 in FY2015.
Speaking to CNBC-TV18, M Manickam, managing director, Sakthi Sugars, says until cane prices are fixed at parity, the hike on blending limit will not make a big difference.
Antique Stock Broking has downgraded ITC to "hold" from "buy", saying it is not expecting any further re-rating on the stock. It has a target price of Rs 356 on the India's largest cigarettes company
In an interview on CNBC-TV18, Pawan Goenka, president, M&M shared the details about the future prospects of the company at a time when the overall passenger-vehicle industry seemed to be struggling to post growth and manufacturers are forced to cut production
Department store operator Shoppers Stop now expects its food and grocery chain HyperCity will break-even at the EBTIDA (earnings before interest, taxes, depreciation and amortization) level in two years and likely post net profit a year after that.
Deepak Khaitan, Executive Vice-chairman of Eveready India joins CNBC-TV18 to talk about something other than their battery business in India. The company is sitting on sizable amount of land in Hyderabad and Calcutta.