This blog will keep track of breaking news and important developments through the day
The company saw its revenue in the second quarter increase by 10.29 percent to Rs 1,797.79 crore, from Rs 1,629.93 crore a year earlier
Mahindra CIE’s domestic and Europe revenues grew significantly. Its EBITDA margin remained flat, despite adverse raw material prices. New orders, strong demand outlook and reasonable valuations make it a stock worth considering
More is the fourth-largest supermarket chain in India, following Reliance Retail, Future Group and D-Mart
The popular view is that the US will look to bring in a change through the administrative route instead of making legislative changes.
SpiceJet's peers Jet Airways and IndiGo are also facing strong challenges in a market that is marked by huge demand but constrained by poor infrastructure and intense competition keeping fares low.
IL&FS has also confirmed the appointment of Alvarez & Marsal as Restructuring Advisors to the Group.
Fund managers tracking the group told the paper that Chandrasekaran will now have to deliver growth and profit
The company has received approval from the US Food and Drug Administration (USFDA) to market a generic version of Mylan Pharmaceuticals Inc's Triamcinolone Acetonide Ointment, Lupin said in a statement.
The central board of the bank gave its approval to two proposals of the bank, State Bank of India (SBI) said in a regulatory filing.
Outlook for the industry is positive as capacity utilisation continues to move up. The demand-supply dynamics is expected to move in favour of cement manufacturers in the medium term
The newly appointed board has chosen advisory firms, Arpwood Capital and JM Financial Consultants, which will provide financial and transaction advisory as well as "undertake valuations across divestments and monetisation", the company said.
Singh, kicked off his official engagements with a meeting with officials of Israel's Tyros International Group Ltd to discuss investments opportunities in the Punjab's infrastructure sector.
Rival Hyundai Motor India also made its presence felt with three of its models featuring in the list.
Bharghav Dasgupta, MD & CEO of ICICI Lombard, spoke to CNBC-TV18 about the quarterly results and business plans
Elaborating on the outlook for the market and revenues, Shilpa Kumar, managing director and CEO of the company, said there is diversity of revenue streams for them
According to the Competition Commission of India (CCI), BCPE is a company registered in the Netherlands and is indirectly controlled by Bain Capital Europe Fund, while Dutch firm Gist, through its subsidiaries, is engaged in the supply of Active Pharmaceutical Ingredients (APIs).
The airline joint venture between Tata Sons and Singapore Airlines, has narrowed its losses to Rs 431 crore in the 2018 FY, from Rs 518 crore a year earlier
Experts said that ongoing NBFCs liquidity crisis may hit small and the mid-level real estate developers
The company has introduced four products including a smart lamp, a light strip and two smart bulbs, priced between Rs 2,000 to 10,000, the China-based company said in a statement.
Housing sales rose to 72,472 units during July-September 2018 from 58,470 units in the year-ago period across nine major cities. New launches dipped to 35,836 units from 54,170 units, while unsold stocks fell by 11 percent to 7,80,424 units during the period under review, PropTiger said in its 'Realty Decoded' report for Q2 of FY19.
"In spite of the current tight market scenario, our company has successfully raised funds through CPs aggregating to Rs 1,775 crore at competitive rates," Managing Director Sanjaya Gupta said in a statement.
"This is the fastest 50,000 sales number recorded by any new model launched by HCIL in India," the company said in a statement.
The failure of IL&FS' rights issue, which was open from October 5 to October 19, was a setback to the group and will make way for more repayment defaults.
Sequentially, the growth in sales was 8.2% but EBIDTA grew 5.3% - a clear pointer to the margin pressure that India Inc is beginning to experience.