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
He believes the worst is over and a V-shaped recovery is seen ahead. In the last two months, there has been a sudden requirement for wires for making harnesses for cars. The company is also planning to enter two other categories in the electrical goods space, Chhabria said.
Considering its industry prospects and the management’s execution capabilities, we expect the company to grow at a steady rate of 14-15 percent for the next couple of years.
NSE Finwiz is a personal finance show that educates young professionals on their investments. Harshvardhan Roongta, CFP, Roongta Securities and Kalpesh Ashar, CFP, Full Circle Financial Planners & Advisors gave their investing advice to employees of Finolex Industries in Pune.
These companies were nominated on the strength of their ability to become future global leaders and represent a broad spectrum of sectors, including banking, retail, information technology, chemicals and energy, WEF said in a news release.
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.