- 01 Aug 1401:18 PMDLF recovered smartly at the bourses on Friday after a knee-jerk reaction to its June quarter results announced a day earlier.10:45 AMEscorts reported results below expectations. Poor performance was across all segments. EBITDA margin declined YoY to 5.0%.12:50 AMThe launch of Honda Car India's multi-utility vehicle (MUV) Mobilio and the introduction of Tata Motors' new sedan, Zest, in August, are likely to affect Maruti Suzuki's (Maruti) volumes in the near term.12:48 AMStrong deal momentum, sustained pick-up in software services and a healthy outlook for 2014-15 outlined HCL Technologies’ results for the quarter ending June but these were not enough to keep market sentiment elevated.12:46 AMIn July, the European Commission imposed fines of euro 427.7 million on Servier of France and five producers of generic medicine - Niche/Unichem, Matrix (it is now a part of Mylan) and Lupin of India, Teva of Israel, and Krka of Slovenia - for12:40 AMFlipkart, India's largest e-commerce company, has gone back to its private-equity investors and raised yet more money from them - another $1 billion (about Rs 6,000 crore).12:36 AMEven as good days continue to elude the economy at large, they seem to have arrived for Maruti Suzuki. It reported veritable growth in volumes, revenues and margins in the June quarter.12:09 AMJaypee Chairman Manoj Gaur loves challenges. These days he is busy dealing with the aftermath of the group's unbridled expansion over the past decade.
- 31 Jul 1404:07 PMStrong deal momentum, good growth by both IMS and software services businesses and healthy growth outlook for FY15 outlined HCL Technologies' results for the June 2014 quarter (Q4 for the company).03:45 AMAt airports across Chennai, Mumbai and Kolkata, seven ATR and two Airbus A320 aircraft of Kingfisher Airlines stand on the tarmac. Recently, an aircraft lessor had agreed to take possession of one of the A320s but discovered the aircraft was inoperable.01:36 AMLupin's earnings estimates for FY15 are headed for an upgrade, after its strong June quarter numbers. India's third largest pharmaceutical company has benefited hugely from a pick-up in sales in the US.01:35 AMDriven by strong performance in exports and favourable product mix, Bharat Forge beat expectations in the June quarter. Ebitda (earnings before interest, taxes, depreciation, and amortisation) margins at 29.4 per cent stood at a 20-quarter high.12:35 AMInfosys’ Chief Executive Officer-designate Vishal Sikka might be new to Indian information-technology (IT) services business, but his past credentials were enough for the company’s shareholders to offer him a warm welcome at an Extraordinary
- 30 Jul 1405:31 PMMarket gave a thumb down to engineering major Larsen and Toubro’s June quarter numbers. At the opening bell the stock fell the most in five years after the company posted a net profit of Rs 967 crore for April-June quarter.04:29 PMThere are two things promoters of Flipkart are not short of these days. One is money and second is ambition.09:36 AMStrong performance by the cigarette business came as a surprise, but could not fully offset the impact of weaker margins for ITC in the June quarter.12:50 AMA year ago, unregulated spot exchange NSEL defaulted on paying Rs 5,574 crore to about 13,000 investors. During the year, clarity has emerged as to where the money went, but those who lost it have received hardly 10 per cent of it.12:49 AMIt was a hot summer day three years ago, May 2011 to be precise. A group of top financial regulators in the country met at the ivory-coloured tower on Mint Road that housed the headquarters of India's central bank.12:48 AMJignesh Shah, once rubbing shoulders with the heads of the world's largest exchanges and aiming to himself run the biggest among these and the related systems, has seen the earth shift rapidly below his feet.12:36 AMBharti Airtel's June quarter numbers, which beat estimates, show the telecom sector is out of the woods.