Q1
Sales growth slows but profits of India Inc in first quarter fall
Mon, Aug 21, 2017
Large companies accounted for over 75% of the share in terms of total net sales but they recorded lower net profits of about 23.2% y-o-y in Q1 FY18. Those at the lower end of the size scales witnessed negative growth in both sales and profit.
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130 million smartphones to be shipped in India in 2017, says CyberMedia Research
Wed, Feb 01, 2017
India's smartphone market is expected to witness a growth of 15% to 130 million units this year, accounting for almost half of the total mobile phone sales in the country, a report by CyberMedia Research (CMR) said on Tuesday.
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Post demonetisation, consumer demand likely to be normal by April-June quarter of 2017: CII
Fri, Jan 13, 2017
Terming demonetisation as a right long-term decision despite short-term "disruptions", CII President Naushad Forbes has said consumer demand is expected to return to full normalcy in April-June quarter after seeing a 20% fall in the 50-day period after the note ban.
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CPI inflation may average 5.3% in 2017; rate cut likely: Nomura
Sun, Dec 25, 2016
India's CPI inflation is likely to average around 5.3% in 2017, up from 5.1% in 2016, but the Reserve Bank of India (RBI) might still cut repo rate by 25 basis points in the first quarter (Q1) of next year, says a Nomura report.
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Adobe revenue beats on creative cloud unit strength
Fri, Dec 16, 2016
Adobe Systems Inc reported better-than-expected quarterly revenue driven by higher demand for its creative cloud business including Photoshop, Illustrator and InDesign. Revenue from the company`s creative cloud unit, its largest business by revenue, rose 33% to $886 million.
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RBI may front-load rate cut to December to support growth: DBS
Tue, Nov 29, 2016
While global uncertainties and rupee volatility suggest first quarter (Q1) of 2017 is a better time to ease rates, the Reserve Bank of India (RBI) may bring forward the rate cut to December to support growth and tap favourable inflation outlook, says a DBS report.
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