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    • Parent company support, low debt help smaller cement units stay afloat

      With EBITDA per tonne in triple digits, the quarter-ended September 2022 was a total washout for most major cement companies. Despite cost pressures, many small units have evaded sale and debt default, said industry and rating executives.

    • Raising prices is proving harder than expected for IT companies

      Companies are seeing smaller price hikes for certain services. Large scale contract changes are missing

    • Price hikes in India yet to measure up for pharma companies

      Analysts expect the profit margins to contract at most drug companies in the June quarter from a year ago

    • Infosys may lower FY14 dollar revenue outlook to 5-9%: IIFL

      Sundeep Muthangi of IIFL cautions that IT sector on the whole may see weak earnings performance. However he expects Tata Consultancy Services (TCS) and HCL Technologies to outperform its peers in terms of revenue growth.

    • Exports to fall due to cost pressures & global uncertainty

      India's export of goods rose an unprecedented 82% to USD 29.3 billion this July. However, neither the exporters nor the government is celebrating, reports CNBC-TV18. The gloom comes in the light of an expected slide in outflow in the coming months, on the back of global uncertainty and cost pressures in the domestic market.

    • Rio Q2 iron ore output up 12%, flags cost pressures

      Global miner Rio Tinto on Thursday posted a 12% rise in second-quarter iron ore production versus a year ago and said its Australian coal operations were recovering from flood-related disruptions but also warned of cost pressures.

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