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Shriram City Union Finance Q2 net up 8% at Rs 137.8 cr
Published on Friday, October 31, 2014 2:54 PM

Shriram City Union Finance Ltd on Thursday reported that its net profit for the second quarter ended September 30, 2014 climbed by 8 per cent at Rs 137.8 crore from the same period a year ago as total income rose. In Q2 FY 2013-14, the company had posted a net profit of Rs 127.2 crore, Shriram City Union Finance Ltd said in a filing to the Bo ...

Shriram City Union Finance Q2 net up 8% at Rs 137.8 cr
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M&M Q2 net profit down 4 pct, hit by poor monsoon
Published on Friday, October 31, 2014 2:01 PM

NEW DELHI  - Automaker Mahindra and Mahindra Ltd posted a 4 percent drop in second-quarter net profit, missing analyst estimates, after a poor and delayed monsoon hit demand for its tractors.

Net profit for the quarter ended Sept. 30 was 9.47 billion rupees ($154 million) compared with 9.9 billion rupees ...

M&M Q2 net profit down 4 pct, hit by poor monsoon
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Govt considers ban on e-cigarettes, sale of single smokes
Published on Friday, October 31, 2014 2:52 PM

By Aditya Kalra

NEW DELHI  - The government is considering a ban on electronic cigarettes over the risks to public health that they may cause, a senior Health Ministry official told Reuters.

The World Health Organization (WHO) in August called for stiff regulation of e-cigarettes as well ...

Govt considers ban on e-cigarettes, sale of single smokes
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BOJ shocks markets with more easing as inflation slows
Published on Friday, October 31, 2014 2:15 PM

By Leika Kihara and Tetsushi Kajimoto

TOKYO - The Bank of Japan surprised global financial markets on Friday by expanding its massive stimulus spending in a stark admission that economic growth and inflation have not picked up as much as expected after a sales tax hike in April.

The jolt from ...

BOJ shocks markets with more easing as inflation slows
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Ambuja Cements Q3 net jumps 44% at 289 cr
Published on Friday, October 31, 2014 12:45 PM

Cement manufacturer, Ambuja Cements Ltd has reported 44 per cent rise in its net profit at Rs 239.06 crore for the quarter ended September 30, 2014 on the back of improved sales realisation.

The company had posted a net profit of Rs 165.97 crore in the corresponding quarter last year, the company said in a filing to the Bombay Stoc ...

Ambuja Cements Q3 net jumps    44% at 289 cr
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Sensex, Nifty hit record highs after BoJ surprise easing
Published on Friday, October 31, 2014 3:04 PM

The BSE Sensex and Nifty rose to their second consecutive life highs on Friday, tracking soaring Japan shares after the Bank of Japan stunned markets with new easing steps.

BoJ's easing coupled with brightening U.S. prospects helped an already bullish domestic market rising on rate cut hopes and ongoing reforms.
< ...

Sensex, Nifty hit record highs after BoJ surprise easing
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IDFC hits three-month high; operating profit beats some estimates
Published on Friday, October 31, 2014 10:31 AM

Market Eye - IDFC  rises as much as 4 percent to 154.25 rupees.

Marks highest level since July.

Strong non-interest income boosted operating profits to 9 billion rupees, say traders.

IDFC Sept-quarter profit fell 14 percent to 4.21 billion rupees ($68.64 million).
...

IDFC hits three-month high; operating profit beats some estimates
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Titan shares slump after earnings
Published on Friday, October 31, 2014 10:13 AM

 Market Eye - Watches and jewellery maker Titan Company Ltd on slumps as much as 6.8 percent.

Heads towards biggest single-day fall since Sept. 2013.

July-Sept. earnings lagged some estimates.

Profit rose 28.6 percent to 2.4 billion rupees ($39.12 million) and sales rose ...

Titan shares slump after earnings
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Harley-Davidson woos affluent young Indians with bike culture
Published on Friday, October 31, 2014 9:46 AM

By Aman Shah

MUMBAI - Harley-Davidson Inc, battling upstart competitors in its traditional markets, says it is betting on India's young and affluent urbanites to help establish a "leisure riding" culture there and boost sales of its first new bike in over a decade.

With Lynyrd S ...

Harley-Davidson woos affluent young Indians with bike culture
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