After the success of coal and telecom spectrum auctions, the government's auction for 69 FM radio channels have got overwhelming response.
Qatar Airways is willing to buy up to 49 per cent but SpiceJet is not keen to offload that much.
The aviation authorities are awaiting a formal proposal from Mahindras including details of promoters for the new airline
Health Ministry is planning a "Track-and-Trace" mechanism via bar-coding to check proliferation of spurious and counterfeit drugs but it may raise cost.
Canadian major SkyPower bid Rs 5.05-5.29/unit for three solar projects in Madhya Pradesh.
NEW INDIA ASSURANCE Q2 REVIEW
PAT at Rs 748 Cr Vs Rs 260 Cr, up 187%
Gross Premium written at Rs 6489 Cr Vs Rs 5784 Cr, up 12.18%
Solvency Margin at 2.24x Vs 2.04x
CARE RATINGS Q2 REVIEW
Revenue From Ops at Rs 91 Cr Vs Rs 81 Cr, Up 12.4% YoY
PAT at Rs 48.3 Cr Vs Rs 47.4 Cr, Up 2% YoY
Operating Profit up 10.5%
Addition of 1077 new clients 2410 issue rated during the quarter
WONDERLA HOLIDAYS Q2 REVIEW
Net Sales down 0.6% at Rs 51.2 Cr Vs Rs 51.4 Cr
EBITDA up 9% at Rs 12.9 Cr Vs Rs 11.8 Cr
EBITDA Margin at 25.2% Vs 23%
Net Profit down 38% at Rs 2.3 Cr Vs Rs 3.7 Cr
Tax rate at 35% Vs 3.8%
All numbers compared on YoY unless specified otherwise