- 05 May 1610:43 PMAir insulated substation (AIS) installed by AlstomThe share of Alstom T&D took a hit of about six per cent on Wednesday after weak results.Its March 2016 quarter numbers, released on Tuesday, missed the Street’s expectations by a huge margin.01:04 PMPrathan Chorruangsak / Shutterstock.comThe cab hailing app has completed two years in the city of 'kaali-peeli' taxis. Here are some interesting numbers it shared in a blog post.02:47 AMIf road contracts were the biggest beneficiaries of government spending in 2015-16, urban infrastructure also gained. The latter encompasses segments such as housing, schools, hospitals and waste management, among others.02:35 AMThe 12 per cent fall in Adani Ports and Special Economic Zone's stock is the firm's single largest decline in the past two years.12:45 AMIn June 2014, Cairn India was trading near its all-time high of Rs 385. The scrip started declining after news in July that it plans to give $1.25 billion in a loan to Vedanta.
- 04 May 1612:41 PMAn employee works inside the office of Myntra in Bengaluru, India.10:59 AMThree years ago Prakash Sawant (name changed) owner of an auto-component business in Bhosari, Pune had to shut down his business, as the auto market slowed down due global meltdown.04:43 AMAfter two quarters of muted growth, Rallis saw some respite in the March 2016 quarter. Although the environment remains challenging, the positive export numbers and improvement in cash flows provide some confidence.04:32 AMSigns of a clear recovery in L&T Finance Holdings’ wholesale business were the key take away from the firm's March 2016 quarter (Q4’FY16) results.04:22 AMWhile the TVS Motor stock was up in the early part of the trade on Tuesday, it closed with a loss of 10 per cent after the company announced its March quarter (Q4FY16) results, where it failed to meet operating margin expectations.04:21 AMGodrej Consumer Products Ltd (GCPL) posted in-line results for the March quarter on revenues and earnings. All-round growth in domestic (53 per cent of revenues) and international markets (47 per cent) drove GCPL's top line in the quarter.03:43 AMAuto stocks have outperformed markets after the presentation of the Union Budget in February, when overall market sentiment started to improve. Since then, the Nifty Auto index has risen 16.5 per cent compared to 11 per cent rally in Nifty50 index.01:58 AMEquitas Housing Finance Ltd, which has recently completed its IPO, has posted a net profit of Rs 97 lakh during six months ended March 31,2016, as compared to Rs 1.44 crore posted during the same period of previous fiscal year.12:21 AMIf you had the choice between driving a Fiat or a Ferrari, what would you choose? Sergio Marchionne has answered this question in his very own way: both, and at the same time.
- 03 May 1610:48 AMAfter a couple of quarters of muted growth, Rallis saw some respite in the March 2016 quarter. Though the environment remains challenging, the positive export numbers and improvement in cash flows provide some confidence.03:47 AMThe past 10 months saw a big rally in sugar stocks as realisations improved. Retail prices have gone up almost 40 per cent in six months, from Rs 26-27 a kg to Rs 38-40 a kg.03:36 AMHousing finance major HDFC’s reported net profit of Rs 2,607 crore for the quarter ended March (Q4FY16), up 40 per cent year-on-year (y-o-y), was way ahead of Bloomberg consensus estimate of Rs 2,303 crore.02:35 AMThe Coffee Day Enterprises (CDEL) stock has surged 17 per cent in the past month, outpacing S&P BSE Sensex which grew two per cent in this period.12:40 AMWarren Buffett is a wise man. The chairman and chief executive officer of Berkshire Hathaway began the annual shareholders’ address, livestreamed across the world, with a reference to his weakest point.
- 02 May 1603:43 PMChanda Kochhar, MD & CEO, ICICI Bank at the lauch of two women centric initiatives on international Women's Day, iWork@home, a first -of-its-kind programme, allows women employees to work from home.