Holcim's Indian units fall on non-operational boost in earnings
Published on Friday, April 25, 2014 12:27 PM

 Market Eye - Shares in ACC Ltd and Ambuja Cements India Ltd fall even as their earnings beat forecasts as dealers say other income and tax credit contributed significantly to their net profits.

ACC falls 2.8 percent even after reporting on Thursday March-quarter net profit of 3.99 billion rupees ($65.35 ...

Holcim's Indian units fall on non-operational boost in earnings
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Cairn India slumps as Jan-March earnings disappoint
Published on Friday, April 25, 2014 12:23 PM

 Market Eye - Shares in Cairn India Ltd slump 4.5 percent as its net profit lags some analysts' estimates, especially after adjusting for other income.

Cairn India's January-March net profit rose 18.4 percent to 30.35 billion rupees ($497.1 million) from a year earlier, the company said in a stat ...

Cairn India slumps as Jan-March earnings disappoint
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BSE Sensex edges lower after hitting record highs
Published on Friday, April 25, 2014 12:12 PM

 Market Eye - The BSE Sensex is down 0.11 percent, while the broader Nifty is 0.21 percent lower, after earlier marking their fourth consecutive record highs.

The Sensex rose as much as 0.27 percent to an all-time high of 22,939.31, while the Nifty gained as much as 0.42 percent to a record high of 6,869 ...

BSE Sensex edges lower after hitting record highs
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M&M Financial Services consolidated Q4 net dips 3% at Rs 336.51 cr
Published on Friday, April 25, 2014 12:27 PM

Mahindra & Mahindra (M&M) Financial Services Ltd on Wednesday reported that its consolidated net profit fell by nearly 3 per cent at Rs 336.51 crore in the fourth quarter ended March 31, 2014 from the same period a year ago even as income increased. In Q4 FY 2012-13, the company had posted a consolidated net profit of Rs 346.36 crore, ...

M&M Financial Services consolidated Q4 net dips 3% at Rs 336.51 cr
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L&T Finance Holdings consolidated Q4 net up 9% at Rs 186.5 cr
Published on Friday, April 25, 2014 12:30 PM

The financial services arm of Larsen & Toubro, L&T Finance Holdings Ltd on Wednesday reported that its consolidated net profit for the quarter ended March 31, 2014 rose by nearly 9 per cent at Rs 186.5 crore from the same period a year ago driven by strong performance from its retail business. In Q4 FY 2012-13, the company had posted ...

L&T Finance Holdings consolidated Q4 net up 9% at Rs 186.5 cr
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ACC Q1 net dips 9% at Rs 396.76 cr on weak demand
Published on Friday, April 25, 2014 11:52 AM

Country’s leading cement manufacturer ACC Ltd on Thursday announced it has reported a decline of 8.7 per cent in its consolidated net profits at Rs 396.76 crores for the first quarter ended March 2014, weighed down by slump in demand and higher input costs. “The consolidated net profit of the company stood at Rs 434.55 crore durin ...

ACC Q1 net dips 9% at Rs 396.76 cr on weak demand
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Infotech Enterprises Q4 net up 29% at Rs 69.83 cr
Published on Friday, April 25, 2014 11:46 AM

Infotech Enterprises Ltd, an engineering services and solutions company, on Thursday announced it has reported an increase of 28.81 per cent in its consolidated net profits at Rs 69.83 crores for the fourth quarter ended March 2014, driven by revenue from network & content engineering and engineering, manufacturing & industrial produc ...

Infotech Enterprises Q4 net up 29% at Rs 69.83 cr
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Alstom shares jump on report of $13 bln GE bid
Published on Friday, April 25, 2014 11:44 AM

By Natalie Huet and Benjamin Mallet

PARIS - Shares of Alstom jumped 10.9 percent on Thursday after a report that U.S. conglomerate General Electric  was in talks to buy the struggling French turbine and train maker for about $13 billion.

The companies may announce the deal as early as ne ...

Alstom shares jump on report of $13 bln GE bid
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Ambuja net profit up 6.6 percent, expects recovery after elections
Published on Friday, April 25, 2014 12:15 PM

NEW DELHI  - Cement maker Ambuja Cements Ltd  reported a forecast-beating 6.6 percent rise in quarterly profit on higher sales, and expects a revival in the economy after ongoing elections ending on May 16.

"Although macroeconomic condition remains challenging, construction activity is expected ...

Ambuja net profit up 6.6 percent, expects recovery after elections
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