The regulator had started investigation into the group companies after there was suspicion of misrepresentation of financials
Talwalkars Better Value Fitness posted a steady set of earnings in Q1 as the profit after tax jumped and there was a slight improvement in margins. In an interview to CNBC-TV18, Anant Gawande, CFO & Wholetime Director of Talwalkars spoke about the results and his outlook for the company.
The fitness chain will operate in Singapore, Malaysia, Vietnam, Thailand, Sri Lanka and Bangladesh, through its Singapore subsidiary.
Talwalkars, the health and fitness centre chain, says the deal will cut the cost of setting up or acquiring a gym by 35-40 percent.
Health and fitness chain has signed a memorandum of understanding with Force Fitness India, the master franchisee holder of Snap Fitness Inc, to invest upto 50.01 percent in its equity.
ITC | Oil India | A2Z Infra | IRB Infra | TTML | JSW Steel | JSPL | Ajanta Pharma | Dr Reddy's Laboratories | Reliance Industries | Country Club | Talwalkars | DCM | Indo Borax | Capri Global | Smartlink | Sunil Hitech Engineers | Fortis Healthcare | MT Educare | RBL Bank and Power Grid are stocks, which are in news today.
Khambatta Securities is bullish on Talwalkars and has recommended buy rating on the stock with a target price of Rs 310 in its research report dated January 13, 2016.
CD Equisearch is bullish on Talwalkars Better value Fitness and has recommended buy rating on the stock with a target price of Rs 319 in its research report dated October 16, 2015.
Talwalkars is now set to rollout state of the art club, which is anticipated to generate revenues Q3FY16 onwards, says company CFO Anant Gawande.
For the first time since initial public offering (IPO), Talwalkars has become net cash flow positive. During the quarter gone by, it also managed to pare down its deby by 7-8 percent and .
Financial Technologies | Ranbaxy Labs | Jubilant Life | Talwalkars | JM Financial | Cholamandalam Finance | Torrent Power | OnMobile Global | Pidilite Industries | Alstom India | Bank Of Maharashtra | OBC | Prime focus | IRB Infrastructure | Bharti Airtel | Lupin and DLF are stocks, which are in the news today.
Breaking away from the traditional gym framework, Talwalkars has added Zumba, a dance fitness regime and Reduce, a diet program to its offerings.
ONGC | SBI | Kingfisher Airlines | Biocon | Polaris | Jet Airways | Reliance Communications | Bombay Rayon | TVS Motor | BPCL | Ajanta Pharma | eClerx Services | DB Realty | REC | Sobha Developers | Sun Pharma | Cipla | Aurobindo Pharma | Manappuram Finance and Aditya Birla Nuvo are stocks, which are in the news today.
Apollo Tyres | Shriram City Union Finance | IOC | Talwarkars | Clariant Chemicals | Bajaj Auto | Tata Motors | Deccan Chronicle Holdings | HDIL | SAIL and Sterlite Industries are stocks, which are in the news today.
Around 25 companies have been issued such tax summons. The department has been saying that some of these companies have been collecting the service tax money, but have not been depositing it, while some others have not collected service tax amount at all since 2010
Anant Gawande, CFO & Whole Time Director, Talwalkars told CNBC-TV18 that this year it will start between 25-30 gyms.
Jai Corp | Magma Fincorp | Talwalkars | Jubilant Industries | SKS Microfinance | S Kumars Nationwide | MCX | Financial Technologies | Fortis Healthcare | Godrej Properties | Aptech and Viceroy Hotels are stocks, which are in the news today.
In an interview to CNBC-TV18, Anant Gawande, chief financial officer, Talwalkars Better Value Fitness gives the details of their institutional placement (QIP) and their joint venture with David Lloyd Leisure Clubs.
Kickstarting the fourth season of CNBC-TV18's special show Lession in Marketing Excellence (LIME), Indian School of Business (ISB) Hyderabad battles it out on best marketing strategy for fitness companies Talwalkars.
Mahindra Holidays, Talwalkars and Nelcast are the top picks, says Ambareesh Baliga, Market Expert.
Market expert Ambareesh Baliga says it is best to be a bit cautious at this point of time and wait for some sort of a correction. "We could see some small correction and possibly utilise that to buy at lower levels," he adds.
Discounts remain the most popular way to attract customers as membership fees at gyms have increased across cities.
Goodricke, Jayshree Tea and Talwalkars are the top diwali picks, says Ambareesh Baliga, Market Expert.
In an interview to CNBC-TV18, Anant Gawande the CFO of Talwalkars ‘Better Value Fitness‘ talks about how they made a good set of profit numbers this quarter.
In CNBC-TV18's popular show Bull's Eye, Abhishek Agarwal of Fortune Interfinance shares trading strategy of the day.