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  • Commodities biz to grow 30% in 2 years: Thirumalai Chemicals Jul 14, 2016 02:32 PM IST

    Commodities biz to grow 30% in 2 years: Thirumalai Chemicals

    Thirumalai Chemicals is debottlenecking its main commodity chemicals business, which is expected to grow about 25-30 percent in next 1.5-2 years, said the MD, R Parthasarathy, in an interview to CNBC-TV18.

  • Max Ventures aims to grow packaging biz to 75K tonnes in 2 years Jun 22, 2016 10:41 AM IST

    Max Ventures aims to grow packaging biz to 75K tonnes in 2 years

    We aim to grow our packaging business from 45,000 tonnes per annum to 75,000 tonnes per annum by 2018 via capex of around Rs 250 crore using both debt and internal accruals, says Sahil Vachani, the managing director of Max Ventures and Industries in an interview to CNBC-TV18.

  • Growth likely to decelerate in Q1 FY17: Ambit Jun 17, 2016 03:36 PM IST

    Growth likely to decelerate in Q1 FY17: Ambit

    As per an analysis by financial services and investment research firm Ambit, the first quarter data for 2016-17 suggests that "economic growth in all probability decelerated over April-May 2016".

  • Power Grid targets 20-22% revenue growth in FY17 Jun 13, 2016 12:26 PM IST

    Power Grid targets 20-22% revenue growth in FY17

    In an interview with CNBC-TV18, IS Jha, Director - Projects and Additional Charge CMD, Power Grid Corporation of India, talked about the company's business performance and the outlook going forward.

  • BEL plans Rs 2,000-cr capex for  next 3-4 years Jun 08, 2016 01:29 PM IST

    BEL plans Rs 2,000-cr capex for next 3-4 years

    SK Sharma, Chairman and Managing Director, said that there are good indications that the company will sustain the pace acquisitions in FY17.

  • Vedanta readies $500 mn capex for its zinc business Jun 06, 2016 06:40 PM IST

    Vedanta readies $500 mn capex for its zinc business

    Vedanta Resources will invest USD 500 million (nearly Rs 3,350 crore) in its zinc business, which is about half of its total capex for the current fiscal (2016-17)

  • No plans for buyback of shares right now: NTPC Jun 06, 2016 04:28 PM IST

    No plans for buyback of shares right now: NTPC

    "As of now we don't have any formal communication nor there is any further buyback from our side," company's Chairman and Managing Director Gurdeep Singh told reporters here.

  • Expansion, new products to add Rs 100 cr income: Vinati Organics Jun 03, 2016 03:48 PM IST

    Expansion, new products to add Rs 100 cr income: Vinati Organics

    Our 88-90 percent revenue come from exports of three products - IBB, IB and ATBS - and expect a customer off-take of 15 percent in this fiscal, said Vinati Saraf Mutreja, Executive Director at Vinati Organics.

  • Chetan Ahya on India growth: Two engines firing, two more to go May 31, 2016 09:33 AM IST

    Chetan Ahya on India growth: Two engines firing, two more to go

    The Indian economy is at a "definite inflexion point" and will build on its nascent recovery following a multi-year slump, says Chetan Ahya, Chief Asia Economist at Morgan Stanley.

  • Pending CSR liabilities behind PAT disappointment: Power Grid May 27, 2016 03:52 PM IST

    Pending CSR liabilities behind PAT disappointment: Power Grid

    On the timeline set for commissioning the Kurukshetra project, IS Jha, CMD of Power Grid said, first phase will certainly be commissioned by July-August this year.

  • See margins growing over 68% in FY17: Sanghvi Movers May 26, 2016 01:02 PM IST

    See margins growing over 68% in FY17: Sanghvi Movers

    The company made a capex of Rs 513 crore in FY16 and hopes to reap its benefits this year, Chandrakant P Sanghvi, CMD of Sanghvi Movers.

  • Apollo Tyres earmarks Rs 3,200-cr capex for FY'17 May 23, 2016 05:00 PM IST

    Apollo Tyres earmarks Rs 3,200-cr capex for FY'17

    Apollo Tyres has earmarked a capex of over Rs 3,200 crore for the current fiscal for its domestic as well as European operations

  • These are themes the Midcap Mogul has now set his sights on May 05, 2016 02:07 PM IST

    These are themes the Midcap Mogul has now set his sights on

    Andrade says there are more people graduating into the earning cycle and trading up as consumers, than corporates expanding balance sheets. So individual balance sheet will now expand, like the corporates did so in the last decade, he says

  • India to continue growing; like private banks: Macquarie Sec Apr 29, 2016 10:44 AM IST

    India to continue growing; like private banks: Macquarie Sec

    Over next 12-18 months, infrastructure will continue to grow while the corporate capex cycle will remain under pressure, says Sandeep Bhatia, Head of Equity, India at Macquarie Securities.

  • 'RIL may launch 4G services in 3 mths; net USD1 bn revenue' Apr 26, 2016 06:36 PM IST

    'RIL may launch 4G services in 3 mths; net USD1 bn revenue'

    Reliance Industries Ltd may launch its much-talked about 4G telecom and high-speed broadband services in a couple of months and is likely to net USD 1 billion revenue in the current fiscal, Morgan Stanley said in a research note.

  • ABB India profit up 30% to Rs 70.98 cr in Jan-Mar Apr 25, 2016 10:10 PM IST

    ABB India profit up 30% to Rs 70.98 cr in Jan-Mar

    The company had a net profit of Rs 54.29 crore in the quarter ended March 31, 2015, the company said in a release. The company received orders worth Rs 1,830 crore in the first quarter of 2016 (January-March).

  • Expect 20% growth in FY17; no capex plans: Prabhat Dairy Apr 21, 2016 02:24 PM IST

    Expect 20% growth in FY17; no capex plans: Prabhat Dairy

    Prabhat Dairy has also started the Ghar Jaisa Dahi campaign in Mumbai and Pune with a heavy focus on its curd based value added products. The company is targeting around 15000 outlets in the two cities.

  • High capex with poor returns to hurt PSUs' credit profile: S&P Apr 18, 2016 01:46 PM IST

    High capex with poor returns to hurt PSUs' credit profile: S&P

    In its report titled 'Indian government-owned companies' credit quality will deteriorate in the long run', S&P Ratings Services said increasing capital spending may have its short-term benefits, but may not be desirable over the long term.

  • PowerGrid commissions record Rs 30,300 cr projects in 2015-16 Apr 05, 2016 01:48 PM IST

    PowerGrid commissions record Rs 30,300 cr projects in 2015-16

    "PowerGrid, a Navratna company under the Ministry of Power, commissioned transmission projects worth Rs 30,300 crore (unaudited) during 2015-16, which is the highest-ever commissioning achieved by the company in its history," an official statement from the Ministry of Power today said.

  • Have invested Rs 2000cr towards capex: Welspun India Mar 08, 2016 03:22 PM IST

    Have invested Rs 2000cr towards capex: Welspun India

    In an interview with CNBC-TV18, Dipali Goenka, CEO and Joint MD, Welspun India, outlined her view on the state of business and outlook going forward.

  • Railways to get budgetary support of Rs 4,301 cr in FY17 Feb 25, 2016 05:10 PM IST

    Railways to get budgetary support of Rs 4,301 cr in FY17

    In the current fiscal, the budgetary support has been lowered by Rs 1,007 crore from Rs 4,729 crore to Rs 3,721 crore, according to the Railway Budget for 2016-17, which was tabled by Railway Minister Suresh Prabhu in Parliament today.

  • Allcargo Q3 net profit down 14% to Rs 61.51 crore Feb 15, 2016 07:09 PM IST

    Allcargo Q3 net profit down 14% to Rs 61.51 crore

    Allcargo has "plans to raise funds up to Rs 300 crore through permitted securities, for proposed/future CAPEX or acquisitions for business growth," the firm said in a statement.

  • Flexible Packaging Major Uflex Set to Enthrall Visitors During `Make in India Week` Feb 15, 2016 10:30 AM IST

    Flexible Packaging Major Uflex Set to Enthrall Visitors During `Make in India Week`

    In a spectacular show of technological prowess, India’s largest global flexible packaging company, Uflex Limited is all geared to grab the ...

  • Flexible Packaging Major Uflex Set to Enthrall Visitors During `Make in India Week` Feb 15, 2016 10:30 AM IST

    Flexible Packaging Major Uflex Set to Enthrall Visitors During `Make in India Week`

    In a spectacular show of technological prowess, India’s largest global flexible packaging company, Uflex Limited is all geared to grab the ...

  • Market still not cheap; focus on capital preservation: Udayan Feb 12, 2016 10:08 AM IST

    Market still not cheap; focus on capital preservation: Udayan

    The pain in the market is not only due to global issues, but also due to fall in the domestic system. Broken banking system and three continuous quarter of no earnings growth is responsible for the volatility, Mukherjee says.

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