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Srei Infra’s total consolidated income for the quarter stood at Rs 1,424.18 crore as against Rs 1,537.43 crore recorded during the year-ago quarter.
Srei focuses on co-lending biz; PAT down
Ritwik Mukherjee
13 Nov 2019 1:35 AM

The company's consolidated PAT was at Rs 98.04 crore in the first six months of this financial year against Rs 250.52 crore last year.

India holds a very important place in its heart because it is in India that the idea of the iconic timepiece- Reverso was born, when a polo player asked for a watch that could resist the toughness of his favorite sport.
Jaeger-LeCoultre puts up rare watches on auction
Ritwik Mukherjee
13 Nov 2019 1:19 AM

This coincides with the iconic timepiece brand identifying India and Indian collectors as one of the fastest growing markets for luxury watches.

Anushka Sharma
Anushka Sharma to endorse Godrej hair colour
Ritwik Mukherjee
06 Nov 2019 5:47 AM

This move is in line with making the brand more contemporary and relevant in consonance with today’s lifestyle while infusing a youthful appeal.

Kolkata saw an increase of 62 per cent in new launches in Q3 at 2,816 units with sales falling by 6 per cent versus Q2 2019.
Housing sales down 9 per cent, new units drop 24 per cent
Ritwik Mukherjee
05 Nov 2019 1:53 AM

The nine cities covered in the study included Gurgaon, Noida, Mumbai, Kolkata, Pune, Hyderabad, Bangalore, Thane and Chennai.

The Rs 2,000-crore company exports elevators and escalators to Sri Lanka, Nepal, Bhutan, Myanmar, Maldives and Tanzania. The current exports, which stands at 6 per cent of total revenues, is expected to grow 10 per cent year-on-year from here onwards, said Albert Dhiraviyam, Country Head (Market-ing), Johnson Lifts.
Johnson Lifts eyes overseas acquisition
Ritwik Mukherjee
01 Nov 2019 2:28 AM

The Rs 2,000-crore company exports elevators and escalators to Sri Lanka, Nepal, Bhutan, Myanmar, Maldives and Tanzania.

Meenakshi Energy’s repeated invocation claims have been to no avail. This is notwithstanding the fact that the Hyderabad Commercial Court, after protracted hearing, refused to grant any stay or any injunction in the matter as prayed for by Siemens, holding that no ground has been made out for the same.
Meenakshi Energy Ltd, HDFC lock horns as bank refuses to honour guarantee
Ritwik Mukherjee
01 Nov 2019 2:27 AM

Meenakshi Energy’s repeated invocation claims have been to no avail.

Among the parameters that the ranking was focused on, IIM Calcutta did better than its nearest Indian compatriots on categories which include – today’s salary, weighted salary, salary percentage increase, career progress ranking, involvement of international faculty, inclusion of international board members, percentage of female faculty and student gender diversity ratio, IIMC officials said.
IIMC ranks 17th among global best
Ritwik Mukherjee
29 Oct 2019 1:43 AM

IIMC has secured Rank 17 globally in the rankings for its 2-Year Masters in Business Administration (earlier Post Graduate Programme in Management).

The apex bank has also allowed rupee derivatives (with settlement in foreign currency) to be traded in International Financial Services Centres (IFSCs). (Photo: AFP)
Banks can quote forex rates round the clock
Ritwik Mukherjee
05 Oct 2019 12:49 AM

The directions for implementing recommendations will be issued in consultation with the central government and other regulators: RBI

On the global front, Chinese production levels improved over July-August 2019 on the back of fiscal stimulus providing a strong floor to steel prices.
Reduction in raw material prices to help steel players
Ritwik Mukherjee
01 Oct 2019 1:01 AM

Meanwhile, domestic crude steel production declined 3.7 per cent month-on-month in August 2019.

Meanwhile, the Kochi-based India Pepper and Spice Trade Association (IPSTA), which had been setting the benchmark for global pepper prices, is in the process of setting up an electronic spot market exchange for spices. This will be an exchange for the major spices grown in Kerala–black pepper, cardamom and dry ginger.
Sri Lanka faults India for setting pepper MIP high
Ritwik Mukherjee
30 Sep 2019 2:40 AM

This will be an exchange for the major spices grown in Kerala–black pepper, cardamom and dry ginger.

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