Q3FY18 Result: Aditya Birla Fashion bottomline turns positive Q3FY18 Result: Aditya Birla Fashion bottomline turns positive Nidhi Jani / Friday, February 2, 2018 0 2367 Article rating: 5.0 The company's standalone revenue for the quarter came in at Rs. 1,855 crore, registering 8.7 per cent yoy increase. Its Pantaloons and Madura Fashion & Lifestyle have reported growth of 12.5 and 7.9 per cent, respectively. Read more
Cochin Shipyard signs vessel development pact with Russian firm Cochin Shipyard signs vessel development pact with Russian firm Gayathri Udyawar / Friday, February 2, 2018 0 2231 Article rating: 5.0 State-owned listed entity, Cochin Shipyard Limited (CSL) has signed a MoU with United Shipbuilding Corporation (USC) to design and develop state-of-art vessel that can be run in Inland and Coastal waterways. Read more
Hindalco posts strong results on healthy realizations Hindalco posts strong results on healthy realizations Rohan Takalkar / Friday, February 2, 2018 0 2060 Article rating: No rating Hindalco reported healthy quarterly numbers with robust revenue due to strong traction in metal prices. Further, its US subsidiary also recorded 92 per cent jump in net profit for the quarter. Read more
Q3FY18: Sadbhav Infra narrows losses Q3FY18: Sadbhav Infra narrows losses Amir Shaikh / Friday, February 2, 2018 0 1088 Article rating: 5.0 The company’s net loss for the period narrowed to Rs. 41.1 crore in the quarter from Rs. 69.6 crore in corresponding quarter of last year. Read more
Infrastructure funds set to shine with higher budgetary allocation Infrastructure funds set to shine with higher budgetary allocation Nikhil Desai / Friday, February 2, 2018 0 1824 Article rating: 5.0 In Budget 2018 infrastructure sector received a budgetary allocation of Rs 5.97 lakh crore for FY18-19. This represents an increase of 21 per cent as against revised estimates of last year. The government of India sees infrastructure investment need of Rs. 50 lakh crore to increase growth rate of GDP. Read more