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DECEMBER 2012 QUARTER
Honasa Consumer to acquire majority stake in Fluence Pharma at Rs 135-crore valuationHonasa Consumer has secured a majority stake in Mumbai's hair therapy brand Fluence Pharma for Rs 135 crore. This move marks the company's ...- West Bengal's electronics factory push; Fed jitters hit TCSWest Bengal is exploring ways to expand electronics manufacturing under EMC 2.0. This and more in today's ETtech Top 5.
- Individual investors sold Rs 13,000 crore worth stocks, but Zerodha clients kept buying: Nithin KamathRetail investors sold equities, but Zerodha clients bought heavily, highlighting divergence. Overall, direct retail ownership declined whil...
- Retail investors, HNIs shifting from holding direct stocks to mutual funds. Here’s whyIndividual investors in India are increasingly shifting from direct stock holdings to mutual funds, with direct ownership hitting a five-ye...
- Revenue of telecoms from services fall 2.67 per cent in December quarterThe revenue of telecom operators from services declined by 2.67 per cent in the quarter ended December 2012.
- Refining, petrochem boost to help Reliance Industries maintain profitabilityMost analysts expect RIL to report GRMs in the range of $9.85-$10.1 for the quarter, higher than the $9.6 it posted in the December 2012 qu...
- Falling volumes a big worry for natural gas companiesIts December 2012 quarter profits dipped 6 per cent to Rs 119 crore. Gujarat Gas posted a 179% growth in profit year-on year for the Decemb...
- Government aid helps IndianOil, BPCL and HPCL post profits for Q3The cash would be paid only after Parliament approves supplementary budget expenditure. This means the ground reality for these cos doesn't...
- Oil India Q3 PAT down 7.2% YoY, misses estimatesNavratna company Oil India Ltd reported a 7.26 per cent drop in quarterly profit, at Rs 940.29 crore for the quarter ended December 31, 201...
- ACC's net profit falls by more than 12% in December 2012 quarterACC, India's second largest cement maker, reported weak numbers in its last quarter results.
- BOC registers lower net for quarter ended December 2012BOC India Ltd, a member of the Linde Group, announced its audited financial results for the year ended 31 December 2012.
- Ashoka Buildcon Q3 earnings: High employee costs, other expenses eroded company's revenuesWith the softening of interest rates, Ashoka Buildcon should benefit meaningfully in the next six months.
- Transport Corporation of India: Flat revenue growth due to slowdown in economy in December 2012The trucking segment, which contributes about 40% of the total revenues, was impacted by the hike in diesel prices in September 2012.
- Idea Cellular: Traction in data revenue crucial for sustained profitabilityIdea Cellular’s latest financial results show the importance of clubbing data driven revenue strategy with core voice based business for th...
- SKS Microfinance turns corner, eyes 15% RoE next fiscalBattered lender for poor SKS Microfinance, which has turned corner during December 2012 quarter, hopes to post a return on equity (RoE) of ...
- Ultratech Cement reportS fall in net profits in December 2012 quarterAs a result of weak demand, prices corrected sequentially throughout India and the net profit margin of the company fell by 108 basis point...
- Mastek earnings: Will the growth persist?A higher order book at the end of the quarter reflects that the momentum will sustain in the coming two quarters.
- Four things that make TCS an attractive stock among top IT deckIn Dec 2012 quarter, its revenue in the dollar terms rose by 3.3% to $2,948 mn despite lower number of working days due to festivities.
- Falling foreign tourists arrivals, low demand signal muted growth for premium hotels companiesIn the December 2012 quarter, the foreign tourists arrivals grew by a meagre 3% in comparison with December 2011 quarter.
- PVR to benefit from strong line-up of big-budget filmsBeing a multiplex leader, PVR is set to benefit from the upcoming big-budget films in the December 2012 quarter.
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