Interview

 

Scope exists for consolidating GST rates: Asim Dasgupta

Jul 28 2017

Former W Bengal FM says there is "scope for consolidating existing GST rates" to improve the present structure and suggests the highest slab of 28% be brought down to 18.

Hopeful of space programme between India, China: Madhavan Nair

Jul 27 2017

Eminent space scientist G Madhavan Nair said he was hopeful of a joint space programme between India and China.

Strong tech-enabled business models key for MSMEs: SAP India

Jul 25 2017

In their quest to become digital, MSMEs need to adopt strong tech-enabled business models to make them achieve global competitiveness, says a top SAP India executive.

No tie up with Janata Dal - United says Sushil Kumar Modi

Jul 13 2017

Senior BJP leader Sushil Modi ruled out any tie-up with the JD-U in Bihar even if it snaps ties with the RJD, whose leader Lalu Prasad is facing corruption allegations.

Diabetes epidemic shifting to urban poor: Dr Mohan, diabetologist

Jul 11 2017

According to a study funded by the ICMR and Ministry of Health at 16.7 per cent, India had the highest share of the worlds diabetics in 2015 after China (26 per cent).

Indian Markets

 
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Global Markets

 

Stocks In News

 

GMR

Plans to invest Rs 16,000 Cr for expansion of Delhi Airport

To double capacity of T1 & also increase capacity of T3

To Lay new runway & build new terminal over next 7 Yrs

APEX FROZEN FOOD IPO

Issue subscribed 0.4 times on Day 1

DLF

To review proposed sale status of Cyber Cities CCPS to GIC Affiliate (CCPS: Compulsorily Convertible Preference Shares)

Audit Committee to meet on Aug 25 to review status of CCPS sale

To take matters W.R.T Fundraising via NCDs/Debt instruments

Approves CCPS sale by Promoters in DLF Cyber City in Oct 2015

ORCHID PHARMA

Lakshmi Vilas Bank moves NCLT against Orchid Pharma

Co to challenge insolvency proceedings at NCLAT

Taken Rs 50 Cr loan from Lakshmi Vilas Bank which it failed to repay

Co hasn't made any payments towards lease since January 2016

Total lease rent paid by Co till May 2017 is Rs 20.6 Cr

BTVI Alert

ORCHID PHARMA

NCLT approves insolvency process against company

Co exploring legal recourse against NCLT Order

 

HDIL

Stichting depository apg EM equity pool buys 23.3 Lk shrs at Rs 58.76

Deal valued at Rs 13.7 Cr for stake 0.5%

CARE RATINGS Q1 REVIEW

Rating fees up 8% at Rs 61 Cr Vs Rs 56 Cr

Total Revenue up 1.2% at Rs 67.9 Cr Vs Rs 67 Cr

Operating Profit up 11% at Rs 38.4 Cr Vs Rs 34.5 Cr

Operating Profit margin up 210 bps at 62.6% Vs 60.5%

Net Profit up 16.4% at Rs 35.5 Cr Vs Rs 30.5 Cr

DCM SHRIRAM INDUSTRIES Q1 REVIEW

Net sales up 22.5% at Rs 494 Cr Vs Rs 403 Cr

EBITDA down 6.6% at Rs 56 Cr Vs Rs 60 Cr

EBITDA margin down 360 bps at 11.3% Vs 14.9%

Net Profit marginally down at Rs 32.5 Cr Vs Rs 32.8 Cr

GATI LTD Q1 REVIEW CONSOLIDATED

Net Sales up 0.3% at Rs 426.7 Cr Vs Rs 425.5 Cr

EBITDA up 42.5% at Rs 44.6 Cr Vs Rs 31.3 Cr

EBITDA Margin at 10.5% Vs 7.4%

Net Profit up 2.6x at Rs 18.3 Cr Vs 5.1 Cr

AHLUWALIA CONTRACTS Q1 REVIEW

Net Sales up 64.6% at Rs 504.2 Cr Vs Rs 306.3 Cr

EBITDA up 22.4% at Rs 55.1 Cr Vs Rs 45 Cr

EBITDA Margin at 10.9% Vs 14.7%

Net Profit up 35.3% at Rs 29.5 Cr Vs 21.8 Cr

Promoter shareholding down to 57.96% in June from 59.6% in March

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