SN Modani, MD of Sangam India says the company will cross Rs 400 crore in exports in FY17 as it has been receiving export orders for readymade garments from Latin America, Europe and South-East Asia.
On the payments for Iran, IOC chairman B Ashok said the company has USD 500 million dollars in pending dues, and the government is discussing the modalities of the payment.
As far as Infosys goes, despite the good numbers reported by the company, it did well on the bourses due to subdued earnings expectation, says Sachin Shah, fund manager, Emkay Investment Managers.
Vineet Agarwal, managing director, Transport Corporation of India expects Q4 to be better both on a quarter-on-quarter basis as well as on a yearly basis.
Berger Paints India Ltd is planning to invest Rs 120 crore on capital expansion for augmenting production capacity by 13,000 tonne per month to 33,000 tonne per month by the current financial year.
The Prime Minister‘s Office (PMO) last week convened a meeting of the public sector undertakings (PSU) heads to set aside capex for FY14.
In an interview with CNBC-TV18's Latha Venkatesh and Gautam Broker, Neeraj Saluja, MD of SEL Manufacturing spoke about the latest happenings in his company and the road ahead.