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  • Shoppers Stop says HyperCity profits may get pushed to FY16 Jan 30, 2013 03:30 PM IST

    Shoppers Stop says HyperCity profits may get pushed to FY16

    Shoppers Stop expects same-store sales at its department store chain to grow 7-8 percent in the fourth quarter, with the overall standalone revenue growth of around 17 percent year-on-year for the current financial year, Govind Shrikhande, MD, told moneycontrol.com on Wednesday.

  • RBI stance not to benefit small industries: Shriram Trans Dec 18, 2012 01:46 PM IST

    RBI stance not to benefit small industries: Shriram Trans

    UG Revankar, MD of Shriram Transport Finance is certainly not happy with the RBI‘s stance and feels the central bank at the moment is only focusing on containing inflation rather than fuelling growth.

  • RINL may raise Rs 500 cr debt in FY'12 Nov 26, 2012 07:41 PM IST

    RINL may raise Rs 500 cr debt in FY'12

    State-owned steel maker Rashtriya Ispat today said it may raise up to Rs 500 crore from domestic and overseas markets during the January-March quarter for meeting capital expenditure needs.

  • India faces investment cliff; new sector drivers needed Oct 26, 2012 09:05 AM IST

    India faces investment cliff; new sector drivers needed

    Brokerage house Kotak Securities has warned of an 'investment cliff', unless the government can conceptualize and award new projects in new sectors. That is because traditional sectors are unlikely to grow at the same pace as was seen over FY2009-12.

  • Utilities, autos continue to do well: KPIT Cummins Oct 25, 2012 04:24 PM IST

    Utilities, autos continue to do well: KPIT Cummins

    IT company KPIT Cummins today reported a 26 percent increase in its net profit at Rs 46.12 crore for the quarter ended September 30, 2012. Kishore Patil MD & CEO of KPIT Cummins spoke to CNBC-TV 18 about the policies, expectations and the challenges ahead.

  • Reliance asks govt to end logjam on KGD6 capex plan Oct 12, 2012 08:49 PM IST

    Reliance asks govt to end logjam on KGD6 capex plan

    Reliance Industries has asked the oil ministry to break the logjam and approval for its KGD6 capex plans of USD 1.6 bn for FY12 and FY13.

  • Jindal Stain gets shareholder nod to raise upto Rs 1552cr Sep 27, 2012 09:22 AM IST

    Jindal Stain gets shareholder nod to raise upto Rs 1552cr

    Jindal Stainless has received shareholder nod to raise up to Rs 1552 crore for capex and debt retirement, reports CNBC-TV18. At 09:20 hrs the share was quoting at Rs 69.80, up Rs 1.80, or 2.65%.

  • Apollo Hospitals to raise pvt label products in pharmacies Aug 14, 2012 10:12 AM IST

    Apollo Hospitals to raise pvt label products in pharmacies

    Apollo Hospitals Enterprise is increasing the number of private label (own brand) products at its pharmacies and expects these will account for over 10% of its total pharmacy sales in the next 2-3 years from 4% now.

  • RIL asks GoI to okay FY13 capex to avoid shutdown at KG-D6 Jul 17, 2012 01:33 PM IST

    RIL asks GoI to okay FY13 capex to avoid shutdown at KG-D6

    Reliance Industries (RIL) has warned the government that gas output at its KG-D6 basin may stop by 2015 if fresh capex is not announced.Hence to avoid such a situation, RIL along with its British partner BP has asked the government to approve a USD225 million capex to stem fall from the KG-D6 basin.

  • Repro India sees big opportunities in e-learning Jun 05, 2012 12:10 PM IST

    Repro India sees big opportunities in e-learning

    Printer and book exporter Repro India expects e-learning will be a big business in 3-5 years and is in direct talks with schools in India to strike deals.

  • CLSA upgrades Power Grid on stronger orders May 23, 2012 11:36 AM IST

    CLSA upgrades Power Grid on stronger orders

    CLSA upgrades Power Grid Corporation of India to "buy" from "outperform", while maintaining its target price at Rs 125, citing stronger-than-expected orders.

  • Can Jubilant Food maintain momentum amid rising competition May 10, 2012 06:56 PM IST

    Can Jubilant Food maintain momentum amid rising competition

    Jubilant Foodworks has set a scorching pace on the high street and Dalal Street. But with rivals like Yum Brands too getting aggressive on expanding their different offerings, will the operator of Domino's Pizza chain in India manage to maintain its growth going ahead?

  • GSK Consumer to spend Rs 400crore on expansion in 2012-13 May 07, 2012 06:00 PM IST

    GSK Consumer to spend Rs 400crore on expansion in 2012-13

    GlaxoSmithKline Consumer Healthcare plans to spend Rs 250 crore this year (calendar 2012) and Rs 150 crore in 2013 towards expanding its existing capacities.

  • Operating margins to be up in Q1FY13: Everest Industries Apr 30, 2012 12:35 PM IST

    Operating margins to be up in Q1FY13: Everest Industries

    Everest Industries is riding high on the back of a profit of around Rs 11 crore from a land deal, other income of Rs 3 crore and improvement in margins at about 9.5%.

  • New project proposals have declined significantly: CMIE Apr 18, 2012 11:49 AM IST

    New project proposals have declined significantly: CMIE

    In an interview to CNBC-TV18, Mahesh Vyas, managing director and chief executive officer of Centre for Monitoring the Indian Economy (CMIE) says, new project proposals have declined significantly.

  • Shoppers Stop targets HyperCity breakeven in 2 yrs Mar 23, 2012 12:58 PM IST

    Shoppers Stop targets HyperCity breakeven in 2 yrs

    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.

  • Budget Expectations: Industry keen on Budget boost to capex cycle, says Thermax Mar 14, 2012 02:11 PM IST

    Budget Expectations: Industry keen on Budget boost to capex cycle, says Thermax

    MS Unnikrishnan, MD, Thermax Ltd stated that the industry was keen on measures to control fiscal deficit and check inflation.

  • GMR Infra bags Rs 7500cr worth of road projects Mar 12, 2012 03:24 PM IST

    GMR Infra bags Rs 7500cr worth of road projects

    A Subba Rao, group CFO, GMR Infra is skeptical about improvement in the capex cycle in the power sector, despite positive sentiment.

  • Warburg Pincus to sell WNS stake, disclosure of buyer soon Feb 02, 2012 08:58 AM IST

    Warburg Pincus to sell WNS stake, disclosure of buyer soon

    WNS has informed SEC that Warburg Pincus will be selling its stake in WNS.

  • Debt issues not much of a worry: Idea Jan 23, 2012 08:45 PM IST

    Debt issues not much of a worry: Idea

    The Idea Cellular stock reacted positively to better-than-expected third quarter numbers. Strong increase in the number of users and higher phone-call traffic during the festival season, helped Idea post an 89% sequential jump in profits.

  • Inside Companies: Bajaj Electricals eyes retail expansion Jan 06, 2012 03:00 PM IST

    Inside Companies: Bajaj Electricals eyes retail expansion

    Recently, competition has increased in the home appliances market in India and Bajaj Electricals doesn't want to be left behind. It is launching a whole range of products across various price points and may even look at exclusive brand for rural markets in the future in its bid to consolidate its position as market leader.

  • Expect turnover of Rs 50cr from menthol biz: Ind-Swift Labs Dec 26, 2011 04:31 PM IST

    Expect turnover of Rs 50cr from menthol biz: Ind-Swift Labs

    In an interview to CNBC-TV18, NK Bansal, CFO of Ind-Swift Labs said the company expects to end the order book with Rs 90 crore from exports and Rs 20 crore from the domestic business. Talking about the mint derivative business, he said, "This year for the menthol business we are expecting a turnover of Rs 50 crore."

  • ONGC lines up Rs 31-k cr capex for FY13, stock up 4% Dec 21, 2011 01:52 PM IST

    ONGC lines up Rs 31-k cr capex for FY13, stock up 4%

    State-run ONGC has lined up a capex of Rs 31,000 crore for FY13, which is 11% higher then what it announced for FY12.

  • Order inflow slowdown to turn post diwali, says Elecon Engg Oct 10, 2011 03:17 PM IST

    Order inflow slowdown to turn post diwali, says Elecon Engg

    Due to the slowdown in the economy, Elecon Engineering is experiencing a phase of slowdown in orders. However, chairman and managing director, Prayasvin Patel believes that this is a temporary situation.

  • NMDC lines up Rs 2450cr capex; stock gains Oct 07, 2011 09:24 AM IST

    NMDC lines up Rs 2450cr capex; stock gains

    NMDC has lined up Rs 2450 crore capex for various mining projects, reports Business Standard. It touched an intraday high of Rs 229.70 and an intraday low of Rs 224.05. At 09:23 hrs the share was quoting at Rs 228, up Rs 6.35, or 2.86%.

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