Jan 30, 2013 03:30 PM IST
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.
- Dec 18, 2012 01:46 PM IST
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.
- Nov 26, 2012 07:41 PM IST
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.
- Oct 26, 2012 09:05 AM IST
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.
- Oct 25, 2012 04:24 PM IST
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.
- Oct 12, 2012 08:49 PM IST
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.
- Sep 27, 2012 09:22 AM IST
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%.
- Aug 14, 2012 10:12 AM IST
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.
- Jul 17, 2012 01:33 PM IST
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.
- Jun 05, 2012 12:10 PM IST
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.
- May 23, 2012 11:36 AM IST
CLSA upgrades Power Grid Corporation of India to "buy" from "outperform", while maintaining its target price at Rs 125, citing stronger-than-expected orders.
- May 10, 2012 06:56 PM IST
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?
- May 07, 2012 06:00 PM IST
GlaxoSmithKline Consumer Healthcare plans to spend Rs 250 crore this year (calendar 2012) and Rs 150 crore in 2013 towards expanding its existing capacities.
- Apr 30, 2012 12:35 PM IST
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%.
- Apr 18, 2012 11:49 AM IST
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.
- Mar 23, 2012 12:58 PM IST
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.
- Mar 14, 2012 02:11 PM IST
MS Unnikrishnan, MD, Thermax Ltd stated that the industry was keen on measures to control fiscal deficit and check inflation.
- Mar 12, 2012 03:24 PM IST
A Subba Rao, group CFO, GMR Infra is skeptical about improvement in the capex cycle in the power sector, despite positive sentiment.
- Feb 02, 2012 08:58 AM IST
WNS has informed SEC that Warburg Pincus will be selling its stake in WNS.
- Jan 23, 2012 08:45 PM IST
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.
- Jan 06, 2012 03:00 PM IST
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.
- Dec 26, 2011 04:31 PM IST
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."
- Dec 21, 2011 01:52 PM IST
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.
- Oct 10, 2011 03:17 PM IST
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.
- Oct 07, 2011 09:24 AM IST
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%.