Public sector banks losses more than double in Q4FY18
Public sector banks losses more than double in Q4FY18

Public sector banks losses more than double in Q4FY18

Rohan Takalkar Article rating: 3.5

Indian banking industry is in a restructuring mode with major NCLT accounts getting resolved and releasing huge amount of money struck as NPAs or provisions for NPAs. However, the public sector banks continue to remain a key risk for the banking system.

Pondy Oxides and Chemicals reports poor bottom-line numbers
Pondy Oxides and Chemicals reports poor bottom-line numbers

Pondy Oxides and Chemicals reports poor bottom-line numbers

Amir Shaikh Article rating: 3.2

EBITDA for the quarter fell by 32.3 per cent yoy to Rs. 15.46 crore with a corresponding margin contraction of 464 bps. EBITDA margin for the quarter stood at 5.9 per cent.

NHAI awards toll fee collection project to MEP Infra
NHAI awards toll fee collection project to MEP Infra

NHAI awards toll fee collection project to MEP Infra

Apurva Joshi Article rating: 4.3

The National Highways Authority of India (NHAI) has granted Letter of Acceptance (LoA) to MEP Infrastructure Developers Ltd. informing that the company has been engaged as the Contractor for user fee collection at Athur Toll Plaza.

Time Technoplast PAT spikes up by 29 per cent
Time Technoplast PAT spikes up by 29 per cent

Time Technoplast PAT spikes up by 29 per cent

Nidhi Jani Article rating: 4.8

EBITDA for the quarter rose by 29.6 per cent yoy to Rs. 146 crore with a corresponding margin expansion of 158 bps. EBITDA margin for the quarter stood at 15.5 per cent.

L T Foods reports subdued Q4FY18 numbers
L T Foods reports subdued Q4FY18 numbers

L T Foods reports subdued Q4FY18 numbers

Amir Shaikh Article rating: 3.7

EBITDA for the quarter rose by 2.3 per cent yoy to Rs. 96.4 crore with a corresponding margin contraction of 116 bps. EBITDA margin for the quarter stood at 9 per cent.

Vedanta dips on back of Tuticorin stir
Vedanta dips on back of Tuticorin stir

Vedanta dips on back of Tuticorin stir

Gayathri Udyawar Article rating: 3.0

The stock of Vedanta extended its losing streak on Friday. The stock has fallen close to 10 per cent in the last three days. Vedanta-owned Sterlite Industries is facing protests in Tuticorin, Tamil Nadu on allegations of pollution from its copper smelting plant situated there.

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