The data was analysed by taking into account the economy class airfares displayed by Rome2rio during the first two months of this year, totalling some 1.5mn price points. The report compared 200 major airlines across continents.
OYO has made a foray into the holiday packages segment with 'OYO Total Holidays' and expects 10 percent of its total revenues to come from this over the next five years, a top company executive has said.
Ferrero is also considering getting into the affordable segment in the sugar confectionery with value-based offerings and small stock keeping units in chocolate side.
Cairn Energy has challenged the retrospective tax demand through an international arbitration, the final outcome of which is expected later this year.
Two other Indian carriers also figured in the list. Jet Airways gained the 12th place followed by Air India at 13th position
PM Modi had given a 100-day deadline to central public sector enterprises to come out with a road map for strengthening state-owned companies and promoting development activities.
Infosys said it has not received the alleged complaint through whistleblower mechanism and that "all complaints received through the whistleblower mechanism of the company are dealt with in accordance with the company's Whistleblower Policy".
In the week to come, Aurobindo Pharma, Glenmark, Apollo Hospitals and Fortis Healthcare will declare their March quarter numbers.
State-run Power Grid Corporation today said that it will complete the work of restoration of transmission lines damaged due to wind storm by the first week of next month.
Amongst the four stocks, Sanwaria and GAEL trading at 7.0x and 11.6x one year forward price-earnings multiple offer attractive risk-reward ratio at current valuations
The profit was boosted by a one-time tax benefit of Rs 259 crore in Q4 related to certain intangibles.
Post the transaction, Gateway Distriparks' shareholding in Gateway Rail Freight will be 99.80 percent, Gateway Distriparks said in a BSE filing.
IT attrition at the end of March 31, 2018 was at 18 percent as against 17 percent (YoY)
Total revenues rose 26.77 percent to 3278.9 crore compared to Rs 2586.4 crore of last year.
“Most of the production in China is of commodity grade, while we are focusing on specialty products,” Sushil Agarwal, Director – Grasim and Group CFO, tells Moneycontrol in an interview.
While medium term tailwinds with regard to demand for CPVC pipes backed by capacity expansion and cost savings from backward integration remains, elevated valuation (53x 2019e earnings) and the intensified competition in the piping industry keeps on the sidelines at current price levels.
Since the code was made into law in May 2016, a total 800 cases have been admitted and about 120 have been either resolved or liquidated
Post a steep correction, Dhanuka Agritech seems like a good pick with a strong long-term growth story and attractive entry price.
The profits improved due to lower provisions for bad loans
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As per the survey, implementation of General Data Protection Regulation law in Europe has stimulated Indian companies to fortify their databases
Lupin said it is on course with its plans for biosimilar Etanercept filing in the US and is targeting the same in FY 2019-20
It is India’s largest auto components firm, reported robust numbers for the March quarter. Consolidated revenues grew, but higher raw material costs and capacity expansion costs chipped 80 basis points off the EBITDA margin.
The company is also looking to make changes in its branding strategy by looking at multi-platform advertising to ensure that they reach the target audience across generations
A Reuters poll of analyst estimates forecasts net profit to drop to Rs 947.4 crore.