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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.
TCS says attrition is down, women employee count at all-time high
Thu, Jul 13, 2017
TCS' attrition rate was lower than the same period last year. The company had a higher number of nationalities join them in this quarter.
China's first quarter GDP growth picks up to 6.9%, beats forecast
Mon, Apr 17, 2017
Analysts polled by Reuters had expected the world`s second-largest economy to have expanded by a steady 6.8% in the quarter, the same pace as in the fourth quarter of 2016.
Finance Minister Arun Jaitley, RBI officials to discuss banks' bad loans today
Fri, Mar 10, 2017
FM Arun Jaitley will meet senior Reserve Bank of India (RBI) officials in New Delhi on Friday to discuss the issue of banks` non-performing assets (NPAs) or bad loans, according to sources.
China services sector extends strong growth in January but pace eases: Caixin PMI
Mon, Feb 06, 2017
China's services PMI has declined marginally to 53.1 in January on a seasonally adjusted basis from 53.4 in December, showed the Markit/Caixin services purchashing managers' index (PMI).
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.
Unilever ends 2016 with fourth quarter sales growth below estimates in India, Brazil
Thu, Jan 26, 2017
Unilever has reported below estimated sales growth for the fourth quarter (Q4) of 2016 in India and Brazil.
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.
USFDA to re-audit Dr Reddy's three plants in first quarter of 2017
Thu, Jan 12, 2017
US Food and Drug Administration (USFDA) will re-audit three manufacturing facilities of Dr Reddy's Laboratories in the current quarter.
Apple to cut iPhone production by 10% in Q1 of 2017: Report
Sat, Dec 31, 2016
Apple is set to reduce iPhone production by 10% in the first quarter of 2017, a media report said.
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.
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.
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.
Rupert Murdoch's Fox Q1 profit lifted by news channel, films
Thu, Nov 03, 2016
Media-entertainment group 21st Century Fox said on Wednesday profits in the past quarter rose with its Fox News Channel helped by a busy US election campaign.
Panel Discussion on Q-1 Results and incurred losses on various indexes
Wed, Aug 31, 2016
Panel Discussion on Q-1 data and incurred losses on various indexes. Watch complete news story of News @ 5:30 PM for getting detailed updates!
Big News | GDP growth rate decreased from 7.9 to 7.1% in Q-1 (QoQ)
Wed, Aug 31, 2016
GDP growth rate decreased from 7.9 to 7.1% in Q-1 (QoQ). Watch complete news story of News @ 5:30 PM for getting detailed updates!
U.S. business rescues pharma cos in quarter one
Wed, Aug 31, 2016
Following the FDC ban, this market fell by 3.9% to Rs 234 crore in the given quarter. Whereas drugs under NLEM grew by 1.6% to Rs 1061 crore, while non-NLEM drugs posted growth of 11.2% to Rs 7677 crore.
Watch top 5 stories of this night; From SIT's recommendations on black money to TCS' Q1 earnings beating estimates
Thu, Jul 14, 2016
Zee Business brings you the most important stories of the day that will help you shape your market strategies and keep you informed with the latest developments. Top five stories of this night: 1. Ban cash transactions of above Rs 3 lakh: SIT