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The stock price of SRF Limited, a manufacturing company located in Gurgaon, rose over 14% intraday in today’s session in response to the company’s earnings report submitted yesterday after market hours, that gave better than expected figures, as per market analysts. At the opening bell, the stock price...
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August 6, 2019 Josep
Business
Reacting to the death of Cafe Coffee Day founder V G Siddhartha, Finance Minister Nirmala Sitharaman on Thursday said business failures in the country should not be tabooed, or looked down upon. Responding to the debate on the Insolvency and Bankruptcy Code (IBC) in Lok Sabha, Sitharaman said that...
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August 2, 2019 Josep
Business
The stock of India’s largest tractor maker MahindraNSE 0.60 % & Mahindra is expected to have limited upside on moderating volume growth over the last four months and forecasts of below normal monsoon showers. This is expected to weigh on earnings as the farm equipment segment generates a third of its volumes and about...
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June 3, 2019 Josep
Business
I have some expensive equipment that I have rented out for my business. I want to insure these from theft or other such calamity. How can I do it? —Name withheld on request You can buy a standard fire and special perils insurance for your business equipment. Such a policy...
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June 2, 2019 Josep
Business
Most of the private vault operators lack proper KYC documentation which creates embarrassments for them in case of an I-T raid Representational image New Delhi: A series of income-tax raids on private lockers and safety vaults across Delhi and Kolkata after demonetisation have led to shutting down of the business of...
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May 13, 2019 Josep
Business
There is a big opportunity for us, Shanghvi said. Sun Pharmaceutical Industries is scouting for a partner in China to help it win a larger piece of the worlds second-largest drug market, where the government is on a mission to drive down healthcare costs. With recovery underway in its...
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May 6, 2019 Josep
Business
Security, cash logistics and facility management company SIS today employs more than 1,90,000 people and had revenues of nearly Rs 6,000 crore in 2017/18. But, will this industry be as people intensive even in the future? The business of chowkidars is changing. Exponential technologies such as drones and...
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April 26, 2019 Josep
Business
The rides business of Uber India will now report to Pierre-Dimitri Gore-Coty who heads the company’s Europe, Middle East and Africa businesses. So far, the India rides business was reporting to the Asia Pacific region, which has its headquarters in Singapore. This change has come as part of...
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April 24, 2019 Josep
Business
