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Latest in the tRansfer Pricing Case between Vodafone and Income Tax Department, the IT department ahs movd the Apex Court against the Vodafone in Rs 8500 Cr case. Ashpreet Sethi gets more details
April 27: Sparks fly in the Rajya Sabha as Subramanian Swamy drags Sonia Gandhi's name in the Agusta Westland Helicopter bribery case. Bloomberg TV India’s Avni Raja shares the details.
April 27: Sajjan & Naveen Jindal, are all set to ink the deal for the 1,000 MW Chattisgarh Plant. Reports indicate that the boards of both companies will meet today to approve the deal. As we had reported last Friday, the deal may involve multiple phases & a takeover of Jindal Power's debt by JSW. Pronoy Nath Banerji of Bloomberg TV India has the details.
April 27: New twist and turns in the Sebi Vs Sahara case at the Supreme Court. The Apex Court says it is open to releasing Sahara Chief, Subrata Roy if the plan to sell Sahara assets yields results. Ashpreet Sethi gets us more details on the same.
April 26: Mondelez - the maker of Cadbury chocolates and Oreo Biscuits, has started production at its $ 190 Million factory in Andhra Pradesh. This is the company's largest plant in the Asia-Pacific region. Shilpa Ranipeta of Bloomberg TV India caught up with Chandramouli Venkatesan, the Managing Director at Mondelez India who says that expansion of the multi-product facility is on the cards. Here is a slice of that conversation.
April 26: The Government is working on toughening the debt recovery laws. Sources say that the centre is looking to bring some amendments to the debt recovery law which will be tabled in the current parliament session. Bloomberg TV India’s Ashutosh Kumar has the details.
April 22: It's time to roll out the red carpet. From the deep, dark jungles of Mowgli's India, we're travelling into space with a twist of fantasy. Supraja Srinivasan takes a look at what's cooking at the box office this Friday.
April 22: In a big boost to the Modi government at the Centre, the Supreme Court has ordered that the President's rule will remain in Uttarakhand. Kaushik Vaidya discusses the likely impact of the Supreme Court Order with Political Analysts Manisha Priyam and Neerja Chowdhury.
April 22: Speaking at the launch of the International Solar Alliance taking place in New York, Power Minister Piyush Goyal laid down India's accomplishments in the solar energy sector.
ADANI TRANSMISSION Q3
Net Sales at Rs 1540 Cr Vs Rs 508 Cr, up 3x
Total Income at Rs 1,808 Cr vs Rs 734 Cr, 2.5x
EBITDA at Rs 1462 Cr Vs Rs 475 Cr, up 3x
EBITDA margins at Rs 95% vs 93.5%
PAT Rs 842 Cr vs Rs 99.3 Cr, up 8x
All results are Consol & comparable YoY
DCB BANK Q3 REVIEW
PAT at Rs 57 Cr vs 51 Cr up 11.8%
NII at Rs 250 Cr vs 209 Cr up 19.6%
Non-Interest Income at Rs 75 Cr vs 64 Cr, up 17.2%
Operating Profit at Rs 123 Cr vs 109 Cr, up 12.8%
Net Interest Margin at 4.12% vs 3.95% YoY
All results are comparable YoY
TATA SPONGE Q3 REVIEW
Net Sales up 36% at Rs 214.5 Cr Vs Rs 157.6 Cr
EBITDA up 3.1x at Rs 59.8 Cr Vs Rs 19.4 Cr
EBITDA Margin at 27.9% V 12.3%
Net Profit up 3.3x at Rs 36 Cr Vs Rs 11 Cr
Other Income up 36% at Rs 11.7 Cr Vs Rs 8.6 Cr
All figures are standalone and comparable YoY
THIRUMALAI CHEMICALS Q3 REVIEW
Net Sales up 6.9% at Rs 254.8 Cr Vs Rs 238.4 Cr
EBITDA up 80% at Rs 70.1 Cr Vs Rs 39 Cr
EBITDA Margin at 27.5% vs 16.4%
Net Profit up 2.3x at Rs 43.2 cr vs Rs 18.8 cr
All figures are comparable YoY
SREI INFRA Q3 REVIEW
AUM at Rs 44971 Cr Vs Rs 37505 Cr, Up 20%
Disbursements at Rs 5731 Cr Vs Rs 4812 Cr, Up 19%
Total Income at Rs 1411 Cr Vs Rs 1134 Cr, Up 24%
Calc NII at Rs 645 Cr Vs Rs 419 Cr, Up 54%
PAT at Rs 105 Cr Vs Rs 67 Cr, Up 56%
All results are comparable YoY