COMPANIES & SECTORS


Pratibha Kamath  and   N Madhavan 02 June 2011
Among the 29 major sectors (out of 49 sectors) tracked by Moneylife, lifestyle & leisure, along with auto components and textiles have recorded the highest sales growth over the same quarter in the previous year With most of the results of the March quarter of a number of companies already...

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Moneylife Digital Team 02 June 2011
In its silver jubilee year, the company is making another attempt to sell its failed model to customers Sterling Holiday Resorts recently observed its 'silver jubilee celebration week' from 15th to 22nd May. Keeping up with this festive spirit, the timeshare company has announced a...

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Moneylife Digital Team 01 June 2011
The Indian corporate sector has managed to turn in a surprisingly robust performance in Q4 of this fiscal, despite a gloomy outlook—operating profit of 1,094 companies grew by 20% and net profit grew by 17% Despite all the talk of gloom and doom, the Indian corporate sector has performed...

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Moneylife Digital Team 31 May 2011
Order inflows in the power sector were poor in April 2011, but power generation registered an encouraging 7.6% growth year-on-year, and alternate energy sources did much better. Power stocks have by and large underperformed the market over the past three months Power forms a vital part of...

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The ADA Group company has been trying to find a buyer for its tower business and to sell a 26% stake in RCom over the past year as its debt burden has increased from Rs30,000 crore to over Rs32,000 crore Reliance Communications Ltd (RCom) has said that it has received several offers for its...

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Moneylife Digital Team 30 May 2011
IDFC says joint venture between the two largest broadcasting groups could be a game changer in the TV distribution business in the country and would help drive addressability and digitisation Last week, broadcasting networks Star-DEN and Zee-Turner signed a 50:50 joint venture, setting up...

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Moneylife Digital Team 27 May 2011
As the sector chokes, borrowing rates are skyrocketing; but housing prices continue to remain unaffordable The real estate sector seems to be getting desperate with a shortage of funds climbing to alarming levels. Now, several small and medium-size developers are hoping to raise money by...

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Moneylife Digital Team 20 May 2011
Softcell will provide sales and services support for Apple products to corporate customers in India for Apple's world class products like the iMac, MacBook Air, MacBook Pro, Mac Mini, etc. It will also provide the technical know-how to customers for integrating Apple products in their business...

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Moneylife Digital Team 19 May 2011
Commenting on the development, Sunil Dalal managing director of Softcell Technologies said, "We are glad to be recognized as PTC's first Platinum Partner in India. Our strategic partnership with a global company like PTC has enabled us to provide customers with strategic business value in their...

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Moneylife Digital Team 17 May 2011
The Bombay High Court, earlier this month, ordered the resumption of proceedings against Helios and Matheson in a case relating to the fraudulent acquisition of vMoksha Helios and Matheson (H&M), the Chennai-based company that is involved in a battle with vMoksha Technologies over the...

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Moneylife Digital Team 13 May 2011
While setting aside the orders passed by the Sessions Court, the HC has allowed a revision application by VMoksha's co-founder Rajiv Sawhney against H&M The Bombay High Court has set aside the orders of the Sessions Court and allowed a revision application of VMoksha Technologies co-founder...

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Moneylife Digital Team 12 May 2011
Panellists at CII conclave underline a crisis of credibility and procedural hassles that are hampering progress in the realty business. Propose exploring new areas Anurag Mathur, managing director, Cushman & Wakefield India, says the country is in urgent need of a regulator for the realty...

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Moneylife Digital Team 12 May 2011
Experts believe that the real estate and infrastructure sectors will benefit from higher economic growth in the country. But there is a case for caution in the short-term Two little-talked about sectors, education and healthcare, will significantly boost the growth of real estate in India in...

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The company’s scrip has languished over the past year due to its inability to execute the massive diversification exercise that it has already launched, in retailing. And now Reliance is looking at further forays into uncharted areas—power generation, fertilizers, cement and the overcrowded...

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Moneylife Digital Team 06 May 2011
Net interest income increased 22.9% to Rs1,716 crore in the March 2011 quarter from Rs1,396 crore in fourth quarter of FY09-10 while net interest margins stood at 3.44% In line with expectations, state-owned lender Union Bank of India reported a net profit of Rs597.60 crore in the quarter...

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The new ‘hypercar’ on the block is the Koenigsegg Agera which may cost anything between Rs13 crore and Rs16 crore, or Rs17 crore landed in India. Throw in a few more crores for duties, taxes, registration and insurance, and you have a money block of about Rs20 crore on day one There seems to...

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Moneylife Digital Team 05 May 2011
The sector has witnessed two years of healthy growth, but inflation, higher interest rates and rising prices of fuel may muddy the waters for the automobile industry The start of the fiscal year has traditionally been a weak period for the Indian automobile industry. According to a report...

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Moneylife Digital team 03 May 2011
With RBI tightening interest rates further, it’s doubtful that the traditional occasion for new beginnings will change much in the troubled sector Friday, 6th May,...

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Moneylife Digital Team 03 May 2011
The global body expects strong growth in the use of steel in the country due to its strong domestic economy, massive infrastructure requirements and industrial expansion. Demand in developed economies slowing Steel demand in India is estimated to grow by an impressive 13.3% to 68.7 million...

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All airlines are facing cost pressures due to a rise in ATF prices. But with fares recovering and Air India pilots on strike, the summer may prove to be better than expected for private airlines Air India triggered an aggressive pricing war in the fourth quarter of FY11. Since April,...

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