Policy

 

Govt to lower number of PSBs to 10-15: FinMin advisor

Oct 06 2017

India will have 10-15 public sector banks with govt's majority stake, down from 21 at present, as part of its plan to consolidate banks, Sanyal said.

DIPP approves three foreign direct investment proposals

Oct 04 2017

The commerce and industry ministry said it has approved 3 FDI proposals, including that of Wockhardt Ltd and Coastal Local Area Bank.

Act-East policy boosts developmental activities: Sonowal

Oct 04 2017

"Act East policy has given impetus to development of the region and the state govt is striving for rapid industrialisation for generating employment," CM said.

Govt may hike import duty on wheat to 20-25 percent

Oct 04 2017

The govt is likely to raise import duty on wheat to 20-25% from 10% to curb cheap shipments and give positive price signal to farmers, an official source said.

Govt cuts excise duty on petrol, diesel by Rs 2/litre

Oct 03 2017

The govt cut excise duty on petrol and diesel by Rs 2 per litre to moderate the relentless rise in fuel prices witnessed for the last 3 months.

Indian Markets

 
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Global Markets

 

Stocks In News

 

FUTURE LIFESTYLE FASHION

Flipkart in talks to buy 8-10% stake

Mgmt met last week in mumbai to discuss the deal

Promoters own 60.6%, of which 49% pledged as debt collateral

11.43% stake held by Azim Premji's Premji-Invest

Biyani to ask for significant premium to CMP

Primary issuance, to use proceeds to fund expansion plans

Economic Times Report

SHREE RENUKA

Fires 900 Employees in Brazil Sugar Mill

Returns most land used to lease to plant cane to owners

Reuters

POWER GRID

Successful Bidder for ERSS-XXI Scheme

To establish ERSS-XI on Build-Own-Operate & Maintain Basis

To establish 3 400 KV substations, 400 KV transmission lines

CLARIS LIFESCIENCES

RBI hikes FPI investment limit to 49%; NRI limit at 24%

GNFC

To List GDRs on Luxembourg Exchange on December 12

GRASIM

Sign MoU with Gujarat Government to invest Rs 4,100 Cr

Plan to set up man made fibre plant in Vilayat GIDC

New plant will employ 1300 people directly and indirectly

Financial Express Reports

JBF INDUSTRIES

In Discussion with RIL, Others Over Potential Stake Sale

Talks Helmed by KKR which holds 20% stake

Mint Reports

ICICI LOMBARD Q2 REVIEW

GDPI Up 18.2% At Rs 3,173 Cr Vs Rs 2,685 Cr

PAT up 19.3% at Rs 204 Cr Vs Rs 171 Cr

RoE at 20.2% Vs 20%

Combined Ratio At 102.8% Vs 108.6%

 

NUCLEUS SOFTWARE Q2 REVIEW

Net Sales up by 5.06% at Rs 100.44 Cr Vs Rs 95.60 Cr

EBITDA down by about 1.7% at Rs 22.03 Cr Vs Rs 22.4 Cr

EBITDA Margin down by 150 bps at 21.9% Vs 23.4%

Net Profit up by about 1.5% at Rs 15.66 Cr Vs Rs 15.43 Cr

TATA SPONGE IRON Q2 REVIEW

Net Sales up 9% at Rs 167 Cr Vs Rs 153 Cr

EBITDA up 67% at Rs 43.8 Cr Vs Rs 26.2 Cr

EBITDA Margin up 910 Bps at 26.2% Vs 17.1%

Net Profit up 72% at Rs 27.6 Cr Vs Rs 16 Cr

BLUE DART Q2 REVIEW

Net Sales up by 5.9% at Rs 702.83 Cr Vs Rs 663.22 Cr

EBITDA marginally up by about 0.9% at Rs 82.55 Cr Vs Rs 81.8 Cr

EBITDA Margin down 60 bps at 11.7% Vs 12.3%

Net Profit down 3.3% at Rs 41.39 Cr Vs Rs 42.80 Cr

BAJAJ HOLDING Q2 REVIEW

Total Revenue down 0.4% at Rs 266.9 Cr Vs Rs 267.9 Cr

PAT up 19.5% Rs 834.3 Cr Vs Rs 697.9 Cr

CRISIL Q3 REVIEW

Total Revenue up 5.6% at Rs 410.4 Cr Vs Rs 388.8 Cr

EBITDA down 2.5% at Rs 112.7 Cr Vs Rs 115.6 Cr

EBITDA Margin at 27.5% Vs 29.7%

PAT down 1% Rs 69.4 Cr Vs Rs 70 Cr

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