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    • Consumer cos are betting big on festival season for sales push

      Consumer cos are betting big on festival season for sales push

      The Indian consumer durables industry is pinning its hopes on the upcoming festive season. Better monsoons and 7th Pay Commission are surely going to leave consumers with more disposable income but are distributors seeing this getting translated to higher sales? CNBC TV-18's Yash Jain finds out.

    • Won't meet FY14 guidance; margins seen at 28%: Sobha

      Won't meet FY14 guidance; margins seen at 28%: Sobha

      The company‘s Q3 EBITDA rose 8.8 percent to Rs 149 crore, but its operating profit margin fell 460 basis points to 27.4 percent on higher expenses year-on-year. Sharma, however, is bullish on margins coming around 28 percent in the next few quarters.

    • May not achieve 4mt production target in CY13: Heidelberg

      May not achieve 4mt production target in CY13: Heidelberg

      Heidelberg Cement swung into Rs 8 crore loss during Q1 from Rs 19 crore profit it posted in the year-ago period.Total expenses of the company also increased to Rs 352.97 crore from Rs 275.75 crore a year ago, mainly due to costlier raw materials, power and fuel costs and freight charges.

    • Auto slump spreads to component suppliers segment

      Auto slump spreads to component suppliers segment

      CNBC-TV18's Ronojoy Banerjee and Sunanda Jayaseelan report that the effects of slowdown in the automotive industry are being felt by component suppliers as well.

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