India Inc's top leaders, ace economists & macro-economic experts speak on the day's big trends & developments.
January 22: Jindal Steel & Power Is All Set To Be Taken Off The Bad Loan List. The Company Aims To Be Debt-Free By The Year 2020. BTVI’s Neha Tyagi Spoke Exclusively To Naveen Jindal, Chairman At JSPL Who Also Spoke About Listing Opportunities That May Emerge Overseas.
January 22: Energy Behemoth RIL Posted A Strong Set Of Third Quarter Earnings On Friday. Its Telecom Venture, Jio Also Posted A Profit Earlier Than Expected. To Get A Fineprint Into These Numbers, And Discuss The Big ONGC-HPCL Merger In The Oil And Gas Space, We Spoke To Sudeep Anand Of IDBI Capital.
January 22: As HDFC Standard life results have been announced, MD Amitabh Chaudhry gave his outlook on the growth in Premiums, emerging digital space and growth strategy going ahead.
January 19: Jay Thakkar Of Anand Rathi Is Bullish On TCS And Expects The Stock To Touch Levels Of 3,050 And Persistent System In Midcap IT Space With A Target of Rs 800/Share.
January 19: Zensar Technologies Has Posted Its Third Quarter numbers. Profits Fell Almost 6 Percent While Revenues Rose 4 Percent In What Was A Mixed Quarter For The Tech Firm. Sandeep Kishore, Managing Director And CEO At Zensar Tech Joined Us Now To Give Us A Fineprint Into The Earnings.
January 19: Ashok Leyland Is Hoping To Become The Number 2 LCV Player With A Market Share Of 30%. The Company Is Looking To Achieve This With The Launch Of A New Platform In 2020. Priyanka Iyer Spoke Exclusively To Nitin Seth, President Of The LCV Business To Know More About Their Global And Domestic Expansion Plans.
January 18: Sterlite Technologies has Posted A Strong Quarter With Profits Jumping Over 80 Percent. The Company's Order Book Also Looks Robust, Having Grown Over 70 Percent In The Quarter. To Get A Deeper Insight Into Sterlite's Numbers, We Speak To Sterlite CFO Anupam Jindal.
January 18: FMCG Major HUL Had A Strong Third Quarter. Margins Expanded And Volumes Grew By 11 Percent. To Analyse These Numbers In Greater Detail And Get A Preview Of ITC's Earnings, We Caught Up With Kaustubh Pawaskar, FMCG Analyst At Sharekhan.
January 18: Indications Suggest That The Realty Sector Will Soon Be Brought Under The Ambit Of The GST. To Understand What This Will Mean For The Realty Sector And Understand Its Expectations From The Budget, We Spoke To KP Pradeep, Chief Financial Officer At Brigade Enterprises.
Completes acquisition of 49% stake in the projects from MBL Group
Total consideration of Rs 2,300 Cr
Projects involve 4-laning of sections of NH-72A & NH-73
Sets Rights Ratio Of 4 Fully Paid Shares For 25 Held
To issue up to 15.5 cr fully paid-up shares for up to Rs 8,000 cr
Sets Rights Issue Price At Rs 510/Fully Paid Share
To issue up to 7.8 cr partly paid-up shares for up to Rs 4,800 cr
Sets Rights Issue Price At Rs 615/Partly Paid Share
Gets 2 new orders worth Rs 205 Cr from Public Utilities Corp, Seychelles
Projects in waste water sector
Projects funded by European Investment Bank
Cos order backlog increases to Rs 2,200 cr, which is an all-time high
J KUMAR INFRAPROJECTS
Gets LOA for 2 projects from Delhi Metro Rail Corp
Work includes finishing works of 8 stations of Mumbai Metro Rail Project
Cost of Contracts stands at nearly Rs 57 cr
To acquire entire equity share capital of arm Travel News Services
Deal amounts to Rs 85 cr, with additional consideration of Rs 15 cr
Post acquisition, TNSI Retail to become step-down arm of co
TNSI JV Welcome Retail Private Limited to become step-down arm
Deal likely to be completed in 12-16 weeks
Note: Travel News Services (TNSI)
Effect of acquisition
Consolidation of retail business of FRL
To help FRL expand its presence at Airports, Metro Stations, Universities
Will have access to retail brand WH Smith", license for which is held by co
Note: Future Retail (FRL)