- 21 May 1304:47 PMVoltas too is feeling the heat of economic and investment slowdown both in domestic and international markets.04:26 PMAt a time when the Finance Minister has tried to allay investor concerns about the state of the economy and criticised rating agency Standard & Poor’s (S&P) for not improving India’s rating, the reality presents a completely different03:45 PMOne clear trend through 2012 and 2013 has been the FII attitude. FIIs have been net sellers in only three of the past 18 months.01:51 PMUnited Bank reported subdued set of numbers for the quarter, as its operating profit grew by 6.9% yoy.11:08 AMStyrolution ABS (name changed from INEOS ABS India Ltd. effective from March 1, 2012) is a leading manufacturer of an engineering plastic namely styrene monomer, polystyrene and ABS.09:47 AMYahoo Inc Chief Executive Marissa Mayer's $1.1 billion acquisition of blogging service Tumblr will be a test of her ability to revive the aging Web portal. Luckily for her, her performance may be graded generously.08:13 AMThe consolidated income of Bajaj Holdings and Investment Ltd (BHIL) grew by 27.3% year on year (YoY) to Rs81.2 crore in Q4FY2013. For the last nine quarters the company reported a lacklustre top line of under Rs100 crore.04:24 AMCurrency image via Shutterstock Followers of the “sell in May and go away&" strategy would have missed out on a strong rally in the market this year.03:48 AMCipla's stock has been gaining since March, after the company sweetened its offer to gain 100 per cent stake in South Africa-based Cipla Medpro.12:36 AMThe potential implementation of the US immigration Bill have added to the challenges faced by Indian information technology (IT) companies.
- 20 May 1310:46 PMIRB Infrastructure's share price has jumped 13 per cent in three trading sessions, with analysts turning positive following strong results.06:29 PMHotel Leelaventure today reported a net loss of Rs 142.17 crore for the fourth quarter ended March 31, 2013 mainly on account of finance costs.11:40 AMNIIT Technologies Ltd's performance in the fourth quarter ended March 31, 2013 was mixed-bag. The reported revenue grew by 4.4% qoq to Rs.5,372 mn led by 5.5% qoq volume growth in US [OFFSET BY FLAT VOLUME GROWTH IN EUROPE].11:35 AMStandard & Poor's Ratings Services has affirmed its 'BBB-' long-term and 'A-3' short-term unsolicited sovereign credit ratings on India. The outlook on the long-term rating remains negative.08:55 AMJammu & Kashmir Bank – Healthy business growth, robust NIM, stable asset quality; Buy.08:51 AMIt turned out to be yet another high octane week for the fixed income products. The ongoing rally in bond prices was further fuelled by WPI inflation coming in at 4.89%, way below market expectation of 5.40%.08:50 AMWe have marginally tweaked our earning estimates for FY2014 and FY2015 to factor in a little higher than expected revenue and other income in Q4FY2013. We expect the sales volume growth of the cigarette business to remain subdued in FY2014. However, the08:36 AMIt was an eventful last week for the pharmaceutical sector.08:36 AMThe Competition Appellate Tribunal (COMPAT) has directed cement companies to pay 10% of Rs 6,307-crore penalty imposed on them by fair trade regulator, Competition Commission of India (CCI), for forming cartel.02:28 AMThe latest set of inflation numbers indicate inflation is falling in both the Wholesale Price Index (WPI) and Consumer Price Index (CPI).