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    • Retailers upbeat about festive season this year

      The year so far has been quite sluggish for retailers, due to a slowdown in consumer spending amid the overall slowdown in the economy, expensive loans and high inflation among other reasons.

    • Infinite Computer to tap new markets for messaging products

      IT solutions provider Infinite Computer Solutions, which is heavily dependent on United States for most of its business, is tapping new markets and new clients, especially in the Asia Pacific (APAC) region, to expand its messaging and mobility product based service offerings.

    • Pay more for FMCG goods from Nov 1 on new packaging rules

      A Rs 20 pack of popular biscuit brand Parle-G has a weight of 338.4 grams, a Cinthol soap priced at Rs 27 weighs 92 grams. But soon this will all change as new standard packaging norms mooted by the government come into effect from November 1 and there will be no arbitrary packaging.

    • Apollo Hospitals to raise pvt label products in pharmacies

      Apollo Hospitals Enterprise is increasing the number of private label (own brand) products at its pharmacies and expects these will account for over 10% of its total pharmacy sales in the next 2-3 years from 4% now.

    • GCPL Q1 adjusted net up 31%; sees strong FY13 sales growth

      FMCG major Godrej Consumer Products missed street expectations on Saturday with a consolidated net profit of Rs 130 crore in the first quarter, down near 46% year-on-year. The company had an exceptional gain of Rs 175 crore in the year ago quarter.

    • Thangamayil Jewellery eyes Rs 1,750 cr sales in FY13

      Thangamayil Jewellery expects revenue of Rs 1,750 crore this financial year, helped by new store openings and strong demand for gold and diamond jewellery. The Madurai, Tamil Nadu headquartered company reported a revenue of Rs 1,131 crore in 2011-12 (April-March).

    • HyperCity sees slowdown in electronics, furniture sales

      Shoppers Stop owned hypermarket operator HyperCity says there is some slowdown in sales in segments like electronic goods and furniture this year as consumers cut back on discretionary spends amid the overall economic slowdown.

    • Here's how analysts view Infosys, TCS Q1 results

      If one thought earnings announcements by India's top two software services providers would give a clear direction for the IT industry, then it has been anything but. Infosys and Tata Consultancy Services announced their first quarter earnings on Thursday and it's been a tale of contrasts.

    • TTK Prestige sees 25% sales growth, Rs 90cr capex in FY13

      TTK Prestige expects its sales will grow around 25% this year, helped by continued demand for its Prestige pressure cookers and other kitchen appliances.

    • TCS rubs salt in Infosys' wounds with strong Q1 earnings

      India's top software services provider Tata Consultancy Services reported slightly better-than-expected results for April-June, a stark contrast to its rival and number two Infosys, which had earlier in the day disappointed the street with a lower-than-expected quarterly profit and cut its full year US dollar revenue guidance sharply.

    • Analysts thumbs down Infosys results; will TCS march ahead?

      "From bad to worse" is how Kotak Instutional Equities summed up the disappointing results announcement of Infosys.

    • Infosys Q1 results, FY guidance disappoints; shrs tank

      Shares of India's second largest software services provider tumbled 10% on Thursday morning after the company disappointed the street on several parameters.

    • Will TCS steal a march over Infy yet again?

      India's top IT services provider Tata Consultancy Services is expected to put up a better first quarter performance than rival Infosys which will announce its first quarter results early Thursday.

    • What to expect from Infosys Q1 results

      The earnings season will move into top gear with India's second largest IT services provider Infosys reporting its quarterly earnings on Thursday. Rival Tata Consultancy Services will also report its earnings on the same day.

    • Strong bus demand to drive sales this year: Volvo Eicher

      Volvo Eicher Commercial Vehicles is betting on strong demand for buses to drive earnings, even as the industry grapples with sluggish sales of medium and heavy duty trucks this year.

    • Ashok Leyland retains FY13 sales target despite slowdown

      Ashok Leyland says current market environment for medium and heavy commercial vehicles remains challenging but has maintained its target to grow at over 14% this year.

    • Slow ramp ups, macro worries to weigh on IT cos Q1 earnings

      It is likely to be a subdued start to the June quarter earnings season as a weak demand environment could keep growth rates of IT companies in check.

    • Shrenuj expanding in India but China retail plans on hold

      With the global environment clouded by economic uncertainties, diamond manufacturer and exporter Shrenuj & Co has put its overseas retail expansion plans on hold, while the recent sharp rupee depreciation has hurt its operations back in India.

    • Natco may appeal US court ruling against Copaxone generic

      Natco Pharma shares tumbled over 6% on Monday after a US court upheld Teva Pharmaceuticals' contention that the Indian drug maker's application for a generic version of Copaxone infringed all asserted claims of Teva, the world's largest generic drugs maker.

    • Relaxo Footwears to spend Rs 70cr to raise capacity in FY13

      Delhi-based Relaxo Footwears plans to invest Rs 70 crore in capacity expansion this year, which includes a new PU (polyurethane) footwear plant.

    • M&M Q4 net up 44%; names Anand Mahindra as Chairman and MD

      Utility vehicle maker Mahindra & Mahindra beat street expectations on Wednesday, with standalone net profit of Rs 874 crore, up 44% from a year ago, helped by one time gains and lower tax provisions, apart from strong sales growth.

    • Tata Motors sinks on weak JLR margin, analysts say buy

      Shares of Tata Motors tumbled over 8% on Wednesday morning as weak margins at its luxury Jaguar Land Rover unit, despite strong sales growth, left investors disappointed.

    • Tata Motors Q4 net doubles on growth at JLR, tax credit

      Tata Motors fourth quarter consolidated net profit more than doubled year-on-year to Rs 6,234 crore as continued strong growth at luxury Jaguar Land Rover unit coupled with an exceptional gain helped cushion domestic speed bumps.

    • Tanishq sees slower sales growth amid high gold prices

      Jewellery retailer Tanishq, part of Titan Industries, expects its sales to grow at a slower 30% this year, compared with around 40% growth it saw in FY12 as high gold prices have led to lower purchases.

    • Tata Global Q4 cons sales rise 11% YoY

      Tata Global Beverages' Jan-March consolidated net profit declined 36% year-on-year to Rs 54 crore due to exceptional losses in the last quarter, compared with one-time gains a year ago.

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