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DECEMBER 2013 QUARTER
Explained: Why RBI’s FCNR(B) and ECB swap window could be a game changer for banksRBI’s FCNR(B) and ECB swap windows aim to boost liquidity, stabilise the rupee and ease funding costs for banks. Attractive returns for NRI...- Bollywood star Kriti Sanon, her mother and sister, sell Andheri West apartments for Rs 8.9 crore; check the Mumbai price trendBollywood actor Kriti Sanon, her mother Geeta Sanon, and sister Nupur Sanon have sold four apartments in Andheri West for Rs 8.9 crore. The...
- India may have brokered a rupee truce, but hasn't won peace yetIndia has unveiled a package aimed at supporting the rupee without resorting to capital controls, a move seen as more market-friendly than ...
- 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.
- Why Amazon has struggled to crack IndiaAmazon's India strategy is changing: under new leadership, the company is focusing on profitability over rapid growth. This shift comes as ...
- SFIO widens probe into IndusInd Bank; summons audit firms over ₹2,000 crore derivatives irregularitiesThe Serious Fraud Investigation Office is investigating IndusInd Bank's derivatives portfolio. Major audit firms associated with the bank o...
- Lululemon says it picks former Nike executive Heidi O'Neill as next CEOLululemon has taken a decisive step by naming Heidi O'Neill, an ex-Nike leader, as the brand's new chief executive. This transition follows...
- IIFCL to raise up to $1 billion through MIGA guarantee fund this quarter to foster infra sector: MDIndia Infrastructure Finance Company Ltd plans to raise up to USD 1 billion. This will be done through the MIGA guarantee fund in the curre...
- Electrosteel Castings net drops 53% in Oct-Dec'14 on coal levyThe results include effect of payment of additional levy of Rs 295 per tonne against coal extracted from the mining operation as stipulated...
- SRS reports 15% rise in Q3 incomeSRS Ltd, part of the Rs 4500-crore SRS Group, has announced its unaudited quarterly results for the quarter/nine months ended December 2013.
- SBI sees healthy growth in retail loans despite net dropSBI’s loan book this Dec 2013 quarter grew 16.5% y-o-y, which is marginally higher than industry average during the same period.
- December quarter results: IT may be the only silver liningBarring some of India's top software services exporters, earnings season for quarter to Dec '13 started on a rather sombre note with declin...
- India key source of mobile user growth: FacebookEmerging markets like India are a "key source" of growth for Facebook, with increasing number of users logging onto the site through handse...
- Persistent Systems: Strong momentum in the software services augurs wellMid-cap IT player Persistent Systems continued to report a sustained momentum sequentially in the revenue from IT services for the December...
- M&M Finance profit dip 18% in Q3 due higher provisionsMahindra and Mahindra Finance posted a dip of 18% in net profit for the third quarter ending December 2013 on account of higher provisions ...
- HCL Tech earnings: Growth momentum is expected to stay firmCEO Anant Gupta told ET that the market for project renewals where HCL Tech has been an aggressive player is showing a good traction.
- Margins to come under pressure for top IT companies in December 2013 quarterHCL Technologies is likely to show 2% sales increase and half a per cent drop in the net profit for the quarter by similar comparison.
- Indusind Bank: Bad loans, slow deposit growth spoil December resultsIts net interest income, or NII, grew by 26% y-o-y in the December 2013 quarter. While this is healthy, a major concern is the rising credi...
- Office leasing activity in Delhi-NCR picked up pace in October-December 2013: CBREOffice leasing activity in Delhi-NCR picked up pace in October- CBRE.
- Budget 2013: Economic growth declines to 4.5% in October-December quarterThe gross domestic product (GDP) had expanded by 6 per cent in the same period of last fiscal.
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