Hudson’s Bay Co sought to ease concern that the abrupt resignation of its chief executive could herald cuts at its struggling German department store chain Kaufhof.
Sharad Pawar was shown black flags by BJP workers during an inauguration ceremony of the new vegetable market and parking facility in Baramati.
East Delhi residents have been forced to cope with garbage stench this Diwali due to a strike by civic sanitation workers.
Hardeep Singh Puri asked builders to ensure "dignified living" for construction workers by providing necessary basic facilities to them at construction sites.
Prime Minister Narendra Modi is expected to address a massive gathering of party workers and announce a litany of new projects.
Narendra Modi is scheduled to visit his home state Gujarat tomorrow and address a gathering of BJP workers at a village near Gandhinagar.
Delhi HC issued notice to Centre, Delhi govt, and EDMC on a plea for direction to corporation sanitation workers to end their protest strike and resume work.
Suspected members of the Raj Thackeray-led MNS attacked non-Maharashtrian factory workers.
East Delhi Municipal Corporation (EDMC) threatened to go on an indefinite strike from October 11 over various issues, including "non-payment of their salaries".
Uddhav Thackeray said the Centre was compelled to bring changes in the tax regime as "arrogant rulers had become helpless before the might of people."
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
Fires 900 Employees in Brazil Sugar Mill
Returns most land used to lease to plant cane to owners
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
RBI hikes FPI investment limit to 49%; NRI limit at 24%
To List GDRs on Luxembourg Exchange on December 12
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
In Discussion with RIL, Others Over Potential Stake Sale
Talks Helmed by KKR which holds 20% stake
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