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Q3 FY17 News
Reliance Jio pulls down sales of nine telcos in December quarter
Tue, Apr 04, 2017
In three months of its launch, new entrant Reliance Jio that lured in its customer base with freebies pulled down the sales of nine telecom companies in the December 2016 quarter.
India's GDP growth is likely to be 5.8% in third quarter of FY17, says SBI
Wed, Feb 22, 2017
SBI's chief economic adviser Dr Soumya Kanti Ghosh in its Ecowrap report has said India's GDP will be at 5.8% in the third quarter (Q3) and will recover to 6.4% in the fourth quarter (Q4) of FY17.
Post-demonetisation credit profile of large corporates is likely to be neutral: India Ratings
Thu, Feb 09, 2017
India Ratings and Research has projected that post-demonetisation the credit profile of large corporates with revenue of over Rs 250 crore is likely to be neutral with no significant changes in their ratings.
Tata Steel's leverage is likely to remain high in coming quarters: Moody's
Thu, Feb 09, 2017
Moody's has projected Tata Steel's leverage to remain high in the coming quarters of 2017.
Bajaj Auto's net profit declines 5.5%; shares surge on better than expected results
Tue, Jan 31, 2017
While the company saw a decline in its net revenues for the year, these were however higher than the market expectations. Demonetisation had an impact on its results.
Post demonetisation organised retail sector likely to post low single digit growth in Q3 FY17: India Ratings
Fri, Jan 13, 2017
Post demonetisation organised retail sector is expected to post low single digit growth with varying impact across different sub-sectors in the October-December quarter of fiscal year 2016-17 (FY17), said India Ratings and Research (Ind-Ra) in its latest report on Friday.