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 Nestle posts Rs 64.40 crore loss in Q2 as Maggi ban takes toll

Nestle posts Rs 64.40 crore loss in Q2 as Maggi ban takes toll

29 Jul 2015

New Delhi: Hit by ban on Maggi instant noodles, FMCG major Nestle India today reported a net loss of Rs 64.40 crore on standalone basis for the second quarter ended on June 30, 2015.

Nestle,   Q2 report,   Maggi ban,   Maggi instant noodles,   FMCG,   Nestle India,   Quarter report,   Latest Business News,  
GCPL Q1 net up 39 percent to Rs 199 crore

GCPL Q1 net up 39 percent to Rs 199 crore

29 Jul 2015

New Delhi: FMCG major Godrej Consumer Products Ltd (GCPL) today reported 38.88 percent increase in consolidated net profit at Rs 199.23 crore for the first quarter ended June 30, on account of healthy volume growth in core categories.

GCPL Q1 net,   FMCG company,   Godrej Consumer Products Ltd,   GCPL,   Quarter report,   Latest Business News,  
 Gold remains flat on subdued demand; silver recovers

Gold remains flat on subdued demand; silver recovers

29 Jul 2015

New Delhi: Gold remained weak for the second day as it fell marginally by Rs 10 to Rs 25,290 per ten grams at the bullion market today owing to slackened demand from jewellers, while ignoring a firming trend overseas.

Gold,   Silver,   Bullion market,   Jewellers,   Precious metal market,   Gold price,   Latest Business News,  
SpiceJet in talks with Boeing, Airbus for USD 11 billion jet deal

SpiceJet in talks with Boeing, Airbus for USD 11 billion jet deal

29 Jul 2015

New Delhi: Indian budget airline SpiceJet Ltd is in talks with Boeing Co and Airbus Group to acquire about 100 new narrow-body jets, its chief financial officer said on Wednesday, in a deal that would be worth about USD 11 billion at list prices.

SpiceJet,   Boeing,   Airbus,   Jet deal,   Indian budget airline,   Airbus Group,   Narrow body jets,   Latest Business News,  
 Rupee gains 6 paise against dollar in morning trade

Rupee gains 6 paise against dollar in morning trade

29 Jul 2015

Mumbai: The rupee strengthened by 6 paise to 63.85 against the dollar in morning trade today on increased selling of the US currency by exporters and banks amid firm domestic equity markets.

Rupee,   paise,   dollar,   US currency,   BSE Sensex,   Latest business news,  
46,000 MW power projects facing viability issues: Crisil

46,000 MW power projects facing viability issues: Crisil

29 Jul 2015

New Delhi: Power projects with around 46,000 MW capacity are facing viability issues due to lack of long-term purchase agreements, inadequate fuel supply and aggressive bidding to win projects, says a Crisil report.

Loans at risk,   Power projects,   Viability issues of Power projects,   Crisil report,   Global rating agency,   Power projects,   Latest Business News ,  
 Sensex breaks 4-day losing streak; jumps 104 points

Sensex breaks 4-day losing streak; jumps 104 points

29 Jul 2015

Mumbai: The market benchmark Sensex today recovered from over one-month lows by rising 104.20 points to 27,563.43 as investors preferred to create positions in IT, capital goods and auto stocks ahead of F&O expiry tomorrow.

Sensex,   Market benchmark Sensex,   Capital goods,   Stocks market,   NSE,   BSE,   Nifty,   Latest business News,  
  SEBI cancels Sahara's mutual fund licence

SEBI cancels Sahara's mutual fund licence

29 Jul 2015

Mumbai: In a fresh crackdown on Sahara's, regulator Sebi today cancelled the registration of Sahara Mutual Fund saying it was no longer 'fit and proper' to carry out this business and ordered transfer of its operations to another fund house.

SEBI,   Sahara mutual fund licence,   Sahara,   Sahara Asset Management Company,   Sahara license,   Latest business news,  
 Adani Enterprises to raise up to Rs 6,000 crore through securities

Adani Enterprises to raise up to Rs 6,000 crore through securities

28 Jul 2015

New Delhi: Adani Enterprises, the flagship company of the Adani Group, today said it plans to raise up to Rs 6,000 crore through issuance of securities to sustain rapid business growth.

Adani Enterprises,   Securities,   Adani Enterprises,   Adani Group,   Latest Business News,  
In talks with IndiGo, not SpiceJet: Qatar Airways

In talks with IndiGo, not SpiceJet: Qatar Airways

28 Jul 2015

New Delhi: Gulf carrier Qatar Airways today said it is in talks with IndiGo, the largest Indian airline by market share and set to rest speculations that it is looking for a partnership with SpiceJet.

Talks with IndiGo,   SpiceJet,   Qatar Airways,   Gulf carrier,   Qatar Airways,   Partnership with SpiceJet,   Latest Business News,  

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