COMPANIES & SECTORS


Prof Anil Agashe 24 February 2014
Handholding of a new borrower increases business possibility for future. Banks can be strict as a lender at right time but should be ready to act as friend and guide of the borrower, when required I have always believed that banks need to do handholding, especially of those entrepreneurs...

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India must ensure taking the opportunity to push its export, targeting, particularly the Middle East, Africa and South Asia instead of resorting to ‘floor price’ ideas, which may not work all the time   According to the statistical data available, thanks to the timely monsoon, which...

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Konica Bhatt 20 February 2014
“It’s not as difficult as it looks. You should have the conviction as well as a lot of self-confidence to do business”, says Amrit Borkakoty of ‘Serenity: Blissful Living’, an interior styling boutique from Mumbai Amrit Borkakoty is the proud owner of 'Serenity: Blissful Living', a...

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Moneylife Digital Team 20 February 2014
After the purchase, promoter group holding in GlaxoSmithKline Pharmaceuticals will go up to 75% from the current 50.67% stake   The Indian government on Thursday cleared a foreign direct investment (FDI) proposal worth Rs6,400 crore of healthcare company GlaxoSmithKline to acquire...

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Hitisha Jain 19 February 2014
That is the advice of Shubhra Bharadwaj of Ferriswheel Entertainment, which has carved a niche for herself in a highly competitive event management industry In just five years after she started Ferriswheel, a Mumbai-based event management company, Shubhra Bharadwaj has managed several...

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Vishrut Patel 18 February 2014
The CLB directed Zenith Birla India to repay its fixed deposit holders with interest in eight weeks. Yash Birla Group’s financial transactions are also being probed by various investigative agencies The Company Law Board (CLB) has asked Zenith Birla (India) Ltd to pay the dues of 579...

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Moneylife Digital Team 17 February 2014
During the December quarter, Supreme Infrastructure posted 11% lower net profit due to higher costs even as its sales increased 10% Supreme Infrastructure India Ltd (Supreme Infrastructure), an engineering, procurement and construction (EPC) company, reported an 11% lower third quarter...

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Moneylife Digital Team 17 February 2014
Excise duty for small cars, scooters, motorcycles and commercial vehicles will come down to 8% from 12% while SUVs will attract excise duty of 24% as against 30% earlier Prices of automobiles, including cars, sports utility vehicles (SUVs) and two-wheelers, are set to come down with...

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Moneylife Digital Team 15 February 2014
Nokia said the recent developments in India about the Rs21,153 crore tax liability case is not expected to affect its $7.2 billion deal with Microsoft   Finnish Nokia said the recent developments in the Rs21,153-crore tax liability case in India is not expected to affect the timing or...

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Moneylife Digital Team 14 February 2014
During the December quarter Eicher Motors reported growth of 2.18 times in its net profit to Rs74.43 on robust sales driven by mainly Royal Enfield motorcycle business and higher exports Eicher Motors, the manufacturer of commercial vehicles and iconic ‘Royal Enfield’ brand motorcycles,...

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Revival of mining activity in Goa would bring great relief to people who are suffering now and also give impetus for export   It may be recalled that the Supreme Court imposed a mining ban on both Goa and Karnataka due to illegal activities; later on, in the last quarter of 2013, the...

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Moneylife Digital Team 13 February 2014
The government received bids for around 78% of blocks in 1,800 Mhz band, and 100% in 900 MHz band that would help it to mop up over Rs61,000 crore from the auction The Indian government has received bids worth over Rs61,000 crore from the telecom spectrum auction that ended on 10th day...

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Moneylife Digital Team 13 February 2014
PI Industries during December quarter reported 45% higher net profit as its sales grew 23% PI Industries, Rajasthan based agricultural chemicals and products manufacturing company said its third quarter net profit increased 45% on in its total sales growth of 29%.   For the quarter...

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Moneylife Digital Team 13 February 2014
During the December quarter, Sun Pharmaceuticals’ net profit surged to Rs1,531 crore on robust sales and higher exports Sun Pharmaceutical Industries Ltd (Sun Pharmaceutical), recorded a 74% jump in its third quarter net profit on robust sales in domestic and overseas markets.

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Moneylife Digital Team 13 February 2014
During the December quarter, Cipla’s net profit fell to Rs284 crore despite growth in its sales and exports Cipla Ltd, a pharmaceutical company said, its third quarter net profit fell 17% on higher expenditure, especially on staff,  material costs, changes in product mix and research &...

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There is grim shale news from the US, due to water issues. India too needs to rethink on this new fuel source which requires large volume of water for hydraulic fracturing The US took the lead, a few years ago, in the discovery and the development of shale oil and gas resources which...

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Moneylife Digital Team 12 February 2014
Aditya Birla Chemicals shares hit its 52-week high on BSE due to strong December quarter results achieved on robust sales growth and new acquisitions Aditya Birla Chemicals (India) Ltd, Wednesday hit its 52-week high at Rs122 on the BSE following the company’s good third quarter results....

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Moneylife Digital Team 12 February 2014
During the December quarter, Infinite Computer Solutions reported 46% fall in its net profit due to lower sales and higher forex loss   Infinite Computer Solutions (India) Ltd, an information technology (IT) service provider, reported a 46% fall in its third quarter net profit due...

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ONGC has tremendous potential to serve the nation and reward its shareholders, both in dividends and value appreciation Recently, it may be recalled that when the government wanted to divest from Coal India Ltd by a buy-back arrangement, there was a huge public outcry, essentially from...

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Warren Buffett has become the world’s most successful investor by seeking out companies that make excellent capital allocation. How does this work?   We buy shares in specific companies because we use these companies as a means to participate in the business they do. For example, if I...

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