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  • NFL plans to increase DAP capacity by 1 MT Feb 20, 2017 03:06 PM IST

    NFL plans to increase DAP capacity by 1 MT

    NFL plans to increase di-ammonium phosphate (DAP) production capacity by 1 million tonnes from current 2 lakh tonnes in the next couple of years, says CMD Manoj Mishra of NFL.

  • SpiceJet net dips 24.5% at Rs 181cr on noteban, high fuel cost Feb 14, 2017 07:00 PM IST

    SpiceJet net dips 24.5% at Rs 181cr on noteban, high fuel cost

    Second largest low-cost carrier SpiceJet today reported its eighth successive profitable quarter with a profit of Rs 181.1 crore for the three months to December, down 24.5 percent from Rs 240 crore a year ago.

  • Dena Bank out of loss zone, logs Q3 profit at Rs 35 cr Feb 10, 2017 07:10 PM IST

    Dena Bank out of loss zone, logs Q3 profit at Rs 35 cr

    State-run Dena Bank today reported a profit of Rs 35.3 crore for the third quarter ended December on lower provisioning for bad loans.

  • See 30% growth, FY17 sales of Rs 100 cr for tooling biz: JBM Grp Feb 10, 2017 02:51 PM IST

    See 30% growth, FY17 sales of Rs 100 cr for tooling biz: JBM Grp

    JBM Group expects to grow the tooling business by a minimum 30 percent every year and revenue for the business to touch Rs 100 crore in FY17.

  • Expect 8-10% growth in tractors segment in FY18: Escorts Feb 10, 2017 02:26 PM IST

    Expect 8-10% growth in tractors segment in FY18: Escorts

    Government impetus on construction equipment, railways and agriculture in the Budget will keep Escorts' growth trajectory going for the next 2-3 years, says CFO Bharat Madan.

  • Jindal Saw in a sweet spot on good domestic demand, says Grp CEO Feb 10, 2017 02:12 PM IST

    Jindal Saw in a sweet spot on good domestic demand, says Grp CEO

    JSW Saw is in a sweet spot with good visibility in terms of the order book and healthy order execution, says Group CEO Neeraj Kumar.

  • Insecticides (India) Q3 profit jumps over 5-fold to Rs 5 cr Feb 09, 2017 07:52 PM IST

    Insecticides (India) Q3 profit jumps over 5-fold to Rs 5 cr

    Agro-chemical firm Insecticides (India) has reported a more than five-fold jump in profit at Rs 5.38 crore for the quarter to December.

  • See better Q4; GST may lead to inflationary pressure: Thermax Feb 09, 2017 11:35 AM IST

    See better Q4; GST may lead to inflationary pressure: Thermax

    Thermax expects 3-4 segments to open up in Q4 and Q1 of FY18 supporting medium and large projects, which had gone dry in this financial year.

  • Working to offload existing stock, expect better Q4: Ugar Sugar Feb 08, 2017 05:07 PM IST

    Working to offload existing stock, expect better Q4: Ugar Sugar

    Ugar Sugar looks to offload last year stock and expects a better result in Q4, says MD Niraj Shirgaokar.

  • Demand may return to normal in 3-6 mnths: Crompton Consumer Elec Feb 08, 2017 05:01 PM IST

    Demand may return to normal in 3-6 mnths: Crompton Consumer Elec

    Crompton Greaves Consumer Electrical expects demand, hit by demonetisation, to be back to normal in 3-6 months.

  • Note ban, higher commodity prices impacted margins: Ceat Chief Feb 08, 2017 11:37 AM IST

    Note ban, higher commodity prices impacted margins: Ceat Chief

    Tyre maker Ceat posted weak set of numbers in the third quarter with single digit margins for the first time in at least eight quarters. Company‘s Chief, Anant Goenka said higher commodity prices and demonetisation impacted the margins.

  • Aim to clock revenue of Rs 1,450 crore in FY18: Automotive Axles Feb 08, 2017 11:36 AM IST

    Aim to clock revenue of Rs 1,450 crore in FY18: Automotive Axles

    Automotive Axles expects to clock a revenue of Rs 1,450 crore in FY18 and growth to remain in a single digit, says president and whole time director N Muthukumar.

  • Traditional media likely to grow at 14%: Shemaroo Feb 07, 2017 12:23 PM IST

    Traditional media likely to grow at 14%: Shemaroo

    Shemaroo Entertainment has entered into a licencing tie-up with VuClip, a platform owned by PCCW of Hong Kong for contents syndication.

  • See a pickup in wagon demand in coming years: Titagarh Wagons Feb 07, 2017 12:07 PM IST

    See a pickup in wagon demand in coming years: Titagarh Wagons

    The company currently has an order book of Rs 2,600-2,700 crore of which Indian wagon order stands at a couple of hundred crore.

  • Sales hit by note ban likely to normalise by Q4-end: Atul Auto Feb 06, 2017 12:37 PM IST

    Sales hit by note ban likely to normalise by Q4-end: Atul Auto

    Three-wheeler manufacturer Atul Auto expects auto sales to normalise by the end of this quarter. The company expects demand revival with increased focus on rural economy.

  • Expect good jump in home sales post April: Brigade Feb 06, 2017 11:36 AM IST

    Expect good jump in home sales post April: Brigade

    Brigade Enterprises expects the infrastructure status awarded to affordable housing in Budget to pump up sales in the April-June quarter.

  • See healthy pickup in equipment financing: SREI Infra Feb 03, 2017 03:09 PM IST

    See healthy pickup in equipment financing: SREI Infra

    Financing firm SREI Infra sees a healthy growth in disbursements to construction sector, construction and mining equipment business and irrigation projects with increased focus of government on infrastructure outlay in Budget.

  • Honda raises full-year profit outlook on lower costs, weaker yen Feb 03, 2017 02:13 PM IST

    Honda raises full-year profit outlook on lower costs, weaker yen

    Japan's third-largest automaker said it expected net profit for the year through March at 545.0 billion yen (USD4.82 billion), up from previous guidance upgraded in November, and 58.2 percent more than a year earlier.

  • May look at acquisition if opportunity arises: TeamLease Feb 03, 2017 02:06 PM IST

    May look at acquisition if opportunity arises: TeamLease

    Staffing services firm TeamLease added 10,000 associates and trainees last quarter across various industries, says MD Ashok Reddy.

  • Dr Lal PathLabs to start Kolkata operations next year Feb 03, 2017 10:45 AM IST

    Dr Lal PathLabs to start Kolkata operations next year

    Dr Lal Pathlabs' Kolkata labs will start operation by the second half of next year and company‘s central lab will come up by September 2017.

  • AstraZeneca flags falling profit while awaits key drug data Feb 02, 2017 08:40 PM IST

    AstraZeneca flags falling profit while awaits key drug data

    The British pharmaceuticals group hopes that 2017 will be the earnings trough, but its recovery hinges on the success of new medicines and results from a clinical trial of a combination of two lung cancer drugs, which investors view as risky.

  • Sony records 84% quarterly profit drop on movie loss Feb 02, 2017 02:14 PM IST

    Sony records 84% quarterly profit drop on movie loss

    Tokyo-based Sony, which makes the PlayStation 4 game machine and Bravia TVs, reported a fiscal third quarter profit of 19.6 billion yen (USD 174 million), down from 120.1 billion yen the previous year.

  • Mumbai hospital to start by March 2017: Narayana Hrudayalaya Feb 02, 2017 12:33 PM IST

    Mumbai hospital to start by March 2017: Narayana Hrudayalaya

    Narayana Hrudayalaya's 290-bed children hospital in Mumbai will be operational by March 2017, says MD & CEO Ashutosh Raghuvanshi.

  • TGBL Q3 net profit grows to Rs 144.9 crore Feb 01, 2017 09:36 PM IST

    TGBL Q3 net profit grows to Rs 144.9 crore

    It had posted a net profit of Rs 60.46 crore in October-December a year ago, TGBL said in a BSE filing.

  • Firstsource Q3 net profit up 4% at Rs 70 cr Jan 31, 2017 09:38 PM IST

    Firstsource Q3 net profit up 4% at Rs 70 cr

    BPO firm Firstsource Solutions today posted a 3.8 per cent rise in consolidated net profit at Rs 70 crore for the quarter ended December 2016.

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