SM Trehan, MD of Crompton Greaves says topline growth was driven by growth in power systems, consumer products and industrial systems.
Bajaj Auto says that their motorcycle mix is profitable, and they have also seen a boost in three-wheelers and exports growth
The ICI India board is set to meet on July 25 to mull buyback of shares at a maximum price of Rs 350 per share. The stock is now at Rs 311 and has perked up considerably after the announcement.
Chairman of Triveni Engineering Dhruv Sawhney says that they have a significantly higher order book this year than last year. The order book currently stands at Rs 577 crore, which is expected to be executed in the next 10-11 months.
West Asia tension will keep crude prices high
Dipan Mehta, member of BSE and NSE expects the market to open strong on account of short covering in the tech sector. He believes that the tech, along with the construction and the engineering sector will see action.
He also states that there has been no confirmation from the oil ministry that pricing autonomy would be given to oil companies.\n
Jain irrigation has come out with a very strong set of numbers.
Fed is expected to deliver a more market-neutral statement
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
India funds have seen almost $1 billion of outflows in the last three weeks, says Brad Durham, MD, EPFR.
Chairman of Bajaj Auto, Rahul Bajaj says that if he becomes a member of the Rajya Sabha he will not be a silent spectator.
Stocks of television channels, including NDTV and TV18, have performed better on the bourses than some of their moviemaking counterparts like Balaji Telefilms, Padmalaya Telefilms and Cinevistas Ltd.
The government is willing to increase its contribution to the subsidy bill on retail sale of oil products
There are only two seasons in the stock market, one is bullish and one is bearish.
'I think it is more of an uncertainty and panic at the moment, instead of pure investment decisions.'
According to Nipun Mehta of Unitis Tower Wealth Advisors, the poison seems to have gone out of the market. But he sounds concerned over the kind of retail investment that is coming into the market.
DLF will use its IPO proceeds in part to acquire land, complete on-going projects and retire debts.
India is 'relatively under-computerised' with only 4 million personal computers, as against China where the penetration of PCs stood at around 18 million, Microsoft Corporation Chief Executive Officer Steven A Ballmer said.
A lot of my decisions are based on idealism, says N R Narayana Murthy