- 06 May 1506:20 PMGovernment-owned Petronet LNG is feeling the heat of relatively lower prices, as well as weaker demand.05:18 PMThe Oberoi Realty stock had jumped 11% since its results announcement last week.12:26 PMThere is a much-bandied term - nouveau riche. It’s used loosely to describe arrivistes on the social scene who throw massive parties with a paid for VIP cast, invite everyone who is anyone to town and pay for media coverage.09:01 AMPetronet is feeling the heat of lower gas prices leading to fewer seekers for higher-priced imported LNG. This has dented Petronet’s volumes as capacity utilisation in the March quarter fell to its lowest in five years.04:43 AMThe new financial year has started with encouraging domestic sales figures released by several of the automobile majors.03:49 AMAnalysts have cut their earnings estimates by four to eight per cent for the next couple of years. The number of buys for the stock has also come down from 51 per cent a week ago to 47 per cent.02:35 AMSKS Microfinance posted strong operational results in the March quarter.12:47 AMFew sectors have captured the imagination of consumers and investors alike, the way e-commerce companies have in recent times.12:37 AMA strong performance by Cognizant in the quarter ended March and a robust forecast allay concern about the demand environment.12:04 AMOver 20 years at the helm of Cisco Systems Inc, John Chambers was one of the few non-founders of a technology company to survive Silicon Valley's boom-bust cycles.
- 05 May 1502:56 PMTroubles for real-estate start-up Housing.com do not seem to come to an end.04:50 AMThe Future Retail-Bharti Retail merger is expected to lead to further consolidation in the $500-billion retail sector, which is starved of funds.03:35 AMShriram Transport Finance (STFC)’s consolidated numbers for the March quarter were impacted by a sharp rise in non-performing assets (NPAs) of its equipment finance subsidiary.02:36 AMAutomobile volumes have shown a pick-up in April, despite the stress in rural India. This has been led by a rise in urban demand and last year's low base.01:48 AMDuring a lunch meeting with Business Standard last month, Gurmit Singh, Yahoo! India's managing director, said that the company was betting heavily on native advertising as part of its growth strategy.01:47 AMThe restructuring in Aditya Birla Nuvo (ABNL) to create India’s largest fashion retail company has got a thumbs-up from the Street.01:44 AMHedge funds and mutual funds, which usually invest in publicly traded companies, have lately poured billions of dollars into hot start-ups. Uber, Airbnb and Dropbox have been funded by non-venture-capital funds such as Wellington and T Rowe Price.12:50 AMA Reid & Taylor store in the busy Flora Fountain area in Mumbai has a banner on the frontage which says: '50 per cent off: End of season sale.12:47 AMWhen the largest weapons importer of the world mandates OEMs to source at least 30 per cent of the inputs locally, chances of it not happening are scarce.
- 04 May 1502:35 AMBetween 2010 and 2013, United Spirits entered into several agreements with group companies to give out loans, largely to finance its ailing aviation venture, Kingfisher Airlines.