Thu, Dec 26, 2024
Haier Appliances India is set to cross the milestone of having a billion dollar revenue in 2024, helped by strong summers, festive season and ongoing trend of premiumisation, and expects Rs 11,500 crore revenue in 2025, its President NS Satish said on Thursday.
More >
Sun, Dec 08, 2024
Yum! Restaurants (India), which owns QSR brands such as Pizza Hut and KFC in the Indian market, was back in the black in FY24, reporting a profit of Rs 162.04 crore while its revenue from operations was up 6.6 per cent to Rs 689.93 crore, the company said in an RoC filing.
Sun, Oct 27, 2024
Foreign investors have continued selling in the Indian market, pulling out a massive Rs 85,790 crore (around USD 10.2 billion) from equities this month due to Chinese stimulus measures, attractive stock valuations, and the elevated pricing of domestic equities.
Mon, Dec 12, 2016
The Sensex of the BSE, which opened at 26,725.31 points, was trading at 26,622.98 points (at 9.16 a.m.), lower 124.20 points or 0.46 per cent from the previous day`s close at 26,747.18 points.
Sun, Nov 27, 2016
The rupee is expected to further slide in the coming days and India's current account deficit is likely to rise to only 1.1% of GDP in FY2017-18, according to a Deutsche Bank research report.
Tue, Nov 22, 2016
Broadly positive Asian markets, along with higher global crude oil prices and value buying pushed the Indian equity markets higher during the early morning trade session on Tuesday.
Mon, Nov 21, 2016
Markets are reacting negatively as demand pressure due to cash crunch may mean India's growth prospects to take a serious hit. Ambit Capital has already reduced India's GDP target for the current year to 3.8% and 5.8% for the next fiscal. CARE Ratings, too, has estimated a 0.5% impact on GDP due to demonetisation.
Wed, Nov 02, 2016
K Sandeep Nayak, ED & CEO- Centrum Broking said, "Reasons we see behind such a move are (a) profit booking given the rise in the Indian equity markets in the last few months (b) reducing exposure in emerging markets before the upcoming US elections and the impending rate hike by the US Fed which is expected by December.
By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.
