Q1 Earnings Highlights: Aurobindo Pharma, APL Apollo Tubes, Finolex Cables, and Jagran Prakashan were among key companies scheduled to release their fiscal reports on August 10.
The apex court has fined Finolex Cables former Chairman and Managing Director Deepak Chhabria to pay a fine of Rs 1 (one) crore for his actions against the court order.
On October 13, the court has asked NCLAT chairperson Justice (retd) Ashok Bhushan to conduct an inquiry whether a bench of the appellate tribunal defied the court's order. The report will be submitted by 5pm on October 16
Finolex Industies‘ new plant at Masar is expected to increase the company‘s production capacity by 25 percent. Speaking to CNBC-TV18 chairman Prakash Chhabria said Finolex's margins may boost to 11 percent in FY14.
It was a quite but a solid start to the week. The Nifty did not look in any danger of a big correction today. It started closed with modest gains. Just in the middle of the day there was a period where it looked like it would give up most of its gains but that got arrested towards the end.