Larsen & Toubro (L&T)’s June quarter performance was a big miss on the profit front.
Exide Industries' numbers for the June quarter disappointed the Street yet again, with reported revenues down 6% to Rs 1,799 crore while operating profit was down 9% to Rs 265 crore.
The Reserve Bank of India’s Deputy Governor S. S. Mundra in an interview with Reuters said that the latest April-June earnings of PSU banks showed "stability" in terms of non-performing assets (NPAs).
The list of food companies that are cutting back supply, withdrawing products from the market and putting new launches on hold is getting longer by the day.
The ITC scrip rallied four per cent to Rs 316 on Thursday, despite it missing Street expectations on revenues and net profit for the June quarter.
A new chief executive officer (CEO) takes charge and makes pious statements about how he wants to take everybody along and how he would like to benefit from the wisdom of the existing top team, which has led the company from the front for so long.
Leading Indian software firms have reported a decline in operating profit margins in their current reporting quarter (April-June, 2015), compared to the previous sequential one, though over the last three years they have maintained stable operating
Biotech investors can be better at valuing and nurturing small drugs than Big Pharma. Recognising this, Novartis is spinning three drugs-in-development into a new entity backed by UK investors. With biotech markets hot, there's room for copycat deals.
In 2013, when a consortium of 27 banks and financial institutions supported Kolkata-based Electrosteel Steels’ (ESL’s) corporate debt restructuring (CDR) proposal, it was meant to work.
After being disappointed with Lupin’s results and Sun Pharma’s forecast, the Street got a boost with Dr Reddy’s Laboratories (DRL) posting strong growth.
Growth in the world of Western social media is becoming expensive. Facebook's costs, notably research and development, rose at more than twice the 39 per cent rate of revenue expansion in the second quarter from a year earlier.
Microsoft’s much-awaited Windows 10 (W10) operating system was finally released on Wednesday, and the first impressions suggest it might be here to stay for quite some time.
To combat the problem of ad hoc closure of cellphone sites, Bharti Airtel's managing director and chief executive Gopal Vittal has reached out to customers to help identify locations where it can set up towers.