Utilisation

Thermal power utilisation levels stood at 70 percent in April-May this year, up from 61 percent in FY19

Large hospitals driving recovery in healthcare sector

Hospital bed occupancy levels began rising from March. Large companies expect this recovery to continue in 2022

Omicron impact likely to be mild for hospitals

Resurgent COVID-19 can upset business normalisation calculations. However, experience from first two waves should help hospitals cope with Omicron better

COVID-19 is changing the way TCS, Infosys hire and deploy employees

Infosys rolled out a ‘talent anywhere’ model and plans to recruit in towns and cities where it does not have offices

Aiming for 50-60% utilisation by FY18: Trident

Pawan Jain, CFO, Trident in an interview to CNBC-TV18 spoke about the business outlook going forward for their difference businesses – yarn, paper, textile, bed linen etc.

Bank loan to industry in contraction mode; no revival in sight

Four years ago, bank loans to the industrial sector was growing at roughly 20 percent a year. The rate of growth has been on a downward trajectory since, slipping into the negative territory in August 2016, the first in a decade. In August scheduled commercial banks‘ outstanding loan to the industrial sector contracted by 0.2 percent.

L&T Infotech net profit jumps 35% to Rs 236 crore

Newly-listed IT exporter L&T Infotech today reported nearly 35 percent increase in net profit at Rs 235.8 crore for the quarter ended June 30, driven by widening margins.

Urea production likely to set new record at 25.5 MT in FY17

"We are continuously working on improving the efficiency. At present, all 30 urea plants -- public and private -- are operating at 120 per cent capacity. Therefore, urea production is likely to increase by 1 MT to 25.5 MT," Kumar said.

See margins growing over 68% in FY17: Sanghvi Movers

The company made a capex of Rs 513 crore in FY16 and hopes to reap its benefits this year, Chandrakant P Sanghvi, CMD of Sanghvi Movers.

Limited hit from crude rise, margins to stay firm: Fineotex

Sanjay Tibrewala, managing director of Fineotex Chemical, is confident the company will hold on to the 20-21 percent operating margin seen in the first nine months of FY16 despite rising crude prices.

Expecting 16 million tonne sales this year: Shree Cements

Shree Cement second quarter net profit fell 18.9 percent year-on-year to Rs 93.7 crore. But HM Bangur, Managing Director, Shree Cement remains optimistic about the future.

Aiming for industry growth level in FY15: Wipro management

Wipro's strategy is to focus on its top 125 accounts that have been yielding results. The compnay said it is comfortable with a 13-15 percent attrition, and that its utilization levels, excluding trainees, was between 75-78 percent.