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IATA warns airlines headed for crisis on rising infrastructure costs
Mon, Feb 05, 2018
The growing cost of airport infrastructure poses risks to the global airline industry`s profitability and growth, the head of the International Air Transport Association (IATA) said, adding a crisis due to inadequate infrastructure was brewing almost everywhere in the world.
Worldwide PC shipments declined 2% in 4Q17, 2.8% for the year: Gartner
Fri, Jan 12, 2018
Worldwide PC shipments totalled 71.6 million units in the fourth quarter of 2017, a 2 percent decline from the fourth quarter of 2016, making it a 13th consecutive quarter of declining global PC shipments, as well as the sixth year of annual declines, according to preliminary results by Gartner I
Magma Fincorp to sell non-performing assets up to Rs 600 crore
Mon, Feb 27, 2017
The management committee was authorised to take the decision on the proposed NPA sale.
49 e-commerce cos including Amazon India, Flipkart report over Rs 16,000 crore in losses; BookMyShow, Jabong, Olx India book profit
Tue, Feb 21, 2017
About 49 e-commerce companies in india have recorded over Rs 16,000 crore losses for the year to March 2015 on account of slowing economic growth, demonetisation, others.
Q3 review: Credit growth, weak NII, fee income to impact banking sector
Tue, Jan 10, 2017
Systematix said, "We expect banks’ pre-provisioning profits to rise a modest 7.7% yoy (-14.2% qoq). However, due to lower NPA provisioning yoy, we expect our banking universe to see the net profit rising 54.9% yoy in 3QFY17e."
Asset quality issue: Indian banks' profitability and capital requirement to remain under pressure, says Moody's
Mon, Jan 09, 2017
Alka Anbarasu, a Moody's Vice President said, "Asset quality will remain a negative driver of the credit profiles of most rated Indian banks and the stock of impaired loans. Non-performing loans (NPLs) and standard restructured loans will still rise during the horizon of our outlook."
Highest Ever: Banks’ treasury gains set to top Rs 38,000 crore
Wed, Dec 21, 2016
As per India Ratings, “Indian banks will register about Rs 38,200 crore of treasury gains for FY17, as the softening of yield continues due to uptick in liquidity.”
M&A activity to fuel growth for India's pharma sector
Mon, Dec 12, 2016
Kaustubh Chaubal, a Moody's Vice President and Senior Analyst said, "The drive for overseas expansion comes amid the consolidation of the global pharmaceutical industry, as drug companies look to boost their product and pipeline diversity, scale and pricing power."
Will FMCG sector enjoy monsoon this year?
Fri, Jun 17, 2016
In spite of weak volume, FMCG sector’s net sales rose to 5.7% from 1.4% and 0.5% of December and September quarter. Input cost grew to 2.9% against the decline of 5.4% in preceding quarter, which further resulted decline in gross profit margin.