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SUBBA RAO AMARTHALURU
Buy GMR Airports Infrastructure, target price Rs 43.7: IIFLGMR Airports Infrastructure, incorporated in the year 1996, is a Mid Cap company (having a market cap of Rs 24958.63 Crore) operating in In...
Debate over Land Bill: Use fallow forest land better for infrastructure than rich farm landIn a country where more than half of voters depend on agriculture for livelihood, farm land is not just an economic asset but also a politi...
Expect CV segment to do well in H2 of current fiscal: Subba Rao Amarthaluru, CeatComing to the auto industry and ancillary industry, things are shaping better. The second half of the current financial year should be much...
Ceat's Q1 net profit dips 21% at Rs 52 croreNet sales rose however to Rs 1,453.10 crore during Q1, 2014-15, as against Rs 1,316.91 crore in the year-ago period, Ceat Ltd said.
Ceat Q1 net dips 21% at Rs 52 crTyre maker Ceat today reported 20.91 per cent decline in consolidated net profit at Rs 51.66 crore for the first quarter ended June 30, 201...
Higher wages, ad cost pull Ceat net down 21 per centNet sales rose however to Rs 1,453.10 crore in Q1, 2014-15 from Rs 1,316.91 crore in the year-ago period, Ceat said.
It’s one of the best railway budgets in recent memory: Subba Rao Amarthaluru, RPG Enterprises"It is much more than an ordinary maintenance budget. It is more than an incremental budget, but short of a game-changing budget."
Derailed expectations! Rail stocks slip 20%; Sensex sinks 517 pointsThe Sensex slipped 605 points in intraday trade after hitting record highs in early trading, as Railway Budget failed to live up to expecta...
Sadananda Gowda's maiden Rail Budget 2014 derails railway stocks; FDI talk fails to cheer StreetMost of the railway related stocks which surged to their fresh 52-week highs ahead of the Rail Budget, pared most of their intraday gains.
Ceat shifts focus to high-margin business, closes in on peersCeat had a bad run between 2011 & 2013, and was behind rivals MRF Tyres & Apollo Tyres. While MRF & Apollo stocks gained 100% and 50%, resp...
India Inc’s finance honchos back Narendra ModiOver 100 responses from CFOs, finance directors and senior finance pros suggest that the dream team of UPA has disappointed rather deeply.
India Inc's fortune boosted by plunging rupee as valuations of overseas assets riseSeveral leading Indian business groups had gone on an aggressive overseas shopping spree in the first decade of the 21st century.
India goes back two decades as RBI imposes capital curbs to stabilise rupeeIndian companies, which are buying assets abroad due to poor investment climate, will be the worst hit because of the controls on overseas ...
- GMR gets new, CFO Subba Rao Amarthaluru to quit
GMR said Amarthaluru would continue to be in the services of the company till July, 2013 to ensure smooth transition.
GMR’s Homeland Energy Group stops South African mining operationsHomeland Energy, in which GMR holds 55.84%, has terminated its African mining contractor and begun a tendering process that attracted many ...
GMR Infrastructure hires McKinsey to help cut costsGMR, which operates the airports in New Delhi and Hyderabad, expects cost saving of 5-10 per cent from implementing the suggestions.
GMR sells 74% stake in Jadcherla road asset to Macquarie SBIGMR Infrastructure has announced selling 74% of stake in GMR Jadcherla Expressways to Macquarie SBI Infrastructure Investments.
- GMR bullish on power; plans to buy coal mine in Indonesia
GMR Group plans to buy 100-150 million tonne capacity coal mine in Indonesia to feed 1,500 megawatt power generation capacity for 20 years.