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  • Rajeev Thakkar on PPFAS MF’s cash position: ‘Not selling more than buying’

    PPFAS MF held cash reserve of 20 percent in February, up 8 percent on month.

  • Buybacks likely to slow down as market uncertainty continues

    Companies would rather hold cash to fund working capital requirements or potential acquisition opportunities.

  • To fund Elitecore buyout via internal accruals: Sterlite

    The funding for the Elitecore acquisition would be through internal accruals said Anand Agarwal, CEO, Sterlite Technologies.

  • The Ambuja Scheme: Management POV

    Ambuja Cements managing director Onne Van Der Weijde, in an interview to CNBC-TV18, explains that a restructuring of operations is more cost-effective and offers more synergies. He adds that deployment of cash does not deplete Ambuja‘s cash reserves significantly and would still allow for acquistions and expansion.

  • Growing cash reserve show possibilities for M&A in pharma

    The healthcare technology industry is expected to become mature and stable by the end of Financial Year 2013, with an expanding net margin and steady Selling and General Administrative expenses.

  • BSNL cash reserves plunge 96% in 2 yrs to Rs 1,214cr

    State-owned telecom major BSNL's cash reserves declined by a whopping 96 per cent to Rs 1,214.44 crore in 2011-12 from Rs 29,355.5 crore 2009-10.

  • No need for more funds; realty, edu biz perform: Info Edge

    Hitesh Oberoi, CEO & MD, Info Edge explains on CNBC-TV18, post announcement of results, that the company is adequately cushion by cash reserves of close to Rs 500 crore and hence there arose no need to raise funds. Oberoi adds that the company‘s realty arm 99acres.com and education portal Shiksha.com have performed well

  • Nokia posts loss, raising stakes for new Lumia sales

    Nokia reported another quarterly loss and dwindling cash reserves on Thursday, but results were better than expected ahead of next month's launch of new smartphones it hopes can win back market share from Apple and Samsung.

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