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Budget blues: ITC loses Rs 40,428 cr in market value on punitive tax

Analysts suggest making separate firms of tobacco, hotels and FMCG divisions Making it one of the biggest losers post Budget, tobacco-to-hotel major, ITC has lost 13 per cent of its market value or......

Markets tend to speed up after Budget, not before

Since 1999, average 2-month return after Budget has been over 2%; trend negative in the month before ‘Pre-Budget rally’ might be the buzzword for the stock markets. However, the markets......

ACC's steep valuation gap not justified

A slump in demand, fall in realisation and a steady rise in costs, on the back of increase in diesel prices and freight rates, has seen ACC’s stock decline nearly 23 per cent from a 52-week......

Ranbaxy may get approval for multi-billion dollar drug

The long-awaited US approval for Ranbaxy Laboratories' generic version of anti-hypertension drug Diovan is likely to come this week, according to industry sources.While this could pull the company......

GlaxoSmithKline back on health track

GlaxoSmithKline Consumer has a knack of springing surprises.It posted a healthy volume growth of about nine per cent in the December 2012 quarter when most other packaged foods companies struggled......
  Web results for Elara Capital
China concern now for Jaguar Land Rover

Related to : Tata Motors Ltd Tata Motors Ltd BSE 27 May 15 | 12:00 AM 471.65 -25.45 (-5.12%) NSE 27 May 15 | 12:00 AM 471.75... ...

http://smartinvestor.business-standard.com/market/Marketnews-314301-Marketnewsdet-China_concern_now_for_Jaguar_Land_Rover.htm
Experts

One-off expense or extraordinary item could have cost the margins to decline so much, said Ravi Menon, Elara Capital in an interview with CNBC-TV18. ...

http://www.moneycontrol.com/news/result-analysis/tech-mahindra-margins-downother-expenses-experts_1392098.html
Is India's craving for tobacco declining?

India, home to the world's second highest number of tobacco users (around 275 million), last year had set a target of reducing tobacco use by 20%... ...

http://www.livemint.com/Companies/PCcJEvyl6WqCgFXApi78GJ/Is-Indias-craving-for-tobacco-declining.html
Slow growth of cigarette sales hits ITC, Q4 net profit rises 3.65%

A file photo of ITC headquarters in Kolkata. Photo: Indranil Bhoumik/Mint Kolkata : ITC Ltd , India's biggest cigarette maker, on Friday reported... ...

http://www.livemint.com/Companies/b00q0DuhCg7BtOQmONDzxJ/ITC-misses-estimates-March-quarter-net-profit-Rs2361-crore.html
Nishith Sheth

Singapore: Investors are starting to feel restless over the parliamentary logjam on legislation introduced by the National Democratic Alliance... ...

http://www.livemint.com/Money/BzGaRVkkTVuKem7qdpGXHP/One-year-may-be-too-soon-to-pass-a-verdict-on-Modi-governmen.html

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