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Second Quarter Earnings

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  • Union Bank of India sees credit pick up in H2, pares credit growth target to 7-9%

    The bank may look at raising up to Rs 4,000 crore via Additional Tier-1 bonds in the fourth quarter if required.

  • Bank of Baroda expects slippages to ease by March 2020

    Bank of Baroda expects slippages to ease by March 2020

    The lender said that most of the slippages came from four accounts, of which two were non-banking finance companies (NBFCs).

  • Earnings trend positive; see 25-50 bps rate cut in FY17: UTI MF

    Earnings trend positive; see 25-50 bps rate cut in FY17: UTI MF

    Although one cannot totally rule out rate cut by the RBI in the upcoming meet on Ocotber 4, the odds are in favour of rate cut in later, said Swati Kulkarni, Exec VP & Fund Manager, UTI MF.

  • Alphabet posts strong revenue on video market, stock surges

    Alphabet posts strong revenue on video market, stock surges

    The results put to rest lingering concerns about how the rise of mobile might impact Google, which has a strong mobile presence with its Android smartphone operating system but has long relied on desktop search traffic to power its profits.

  • Alcoa tops analyst estimates, stock jumps 4%

    Alcoa tops analyst estimates, stock jumps 4%

    Analysts expected the company to report earnings of about 9 cents per share on USD 5.2 billion in revenue, according to a consensus estimate from Thomson Reuters.

  • Balrampur Chini net losses narrows to Rs 63.90 cr in Q2

    Balrampur Chini net losses narrows to Rs 63.90 cr in Q2

    Sugar firm Balrampur Chini Mills today said it standalone net loss has narrowed to Rs 63.90 crore for the second quarter of this fiscal on account of higher income.

  • Mkt may stay buy-on-dip despite mixed fundamentals: Emkay

    Mkt may stay buy-on-dip despite mixed fundamentals: Emkay

    Even as the second-quarter earnings have been somewhat of a mixed bag, with revenues on average coming sharply, equity markets will continue to stay buoyant on the back of expectations of domestic reforms and benign global liquidity, according to Dhananjay Sinha, Head - Institutional Research, Emkay Global Financial Services.

  • Investors bracing for big international results this week

    Investors bracing for big international results this week

    After the weak numbers from Microsoft and Google last week, Wall Street is eagerly awaiting the results from some big ticket corporations such as McDonald's, Apple, Boeing, GSK, among others.

  • Wall St Week Ahead: Test of fundamentals as earnings begin

    Wall St Week Ahead: Test of fundamentals as earnings begin

    Investors will concentrate on market fundamentals after weeks when Federal Reserve policies have dominated the market. If they see companies are still struggling, stocks could take a fall

  • Aim to see turnover of USD 5 bn by 2020: Cipla Chairman

    Aim to see turnover of USD 5 bn by 2020: Cipla Chairman

    Cipla reported a better-than-expected second quarter earnings. In an interview to CNBC-TV18, Chairman of the company YK Hamied said that the pharma major is expecting to achieve a turnover of USD 5 billion by the year 2020.

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