Month: April 2009

Reliance Industrial Infrastructure Stock Speculation – RIL Speaks Out

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Reliance Industries (RIL), the private sector exploration and production (E&P) major belonging to the Mukesh Ambani Group, on Sunday stated that its subsidiary Reliance Industrial Infrastructure (RIIL) would continue to remain independent as of now. RIL clarified that RIIL would not be merged with itself of any other entity, and rubbished rumours that were heard … Read more Reliance Industrial Infrastructure Stock Speculation – RIL Speaks Out

Mastek Expects sequential dip in revenues in June’09 quarter

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Mastek held its conference call after it announced its third quarter of FY2009. Sudhakar Ram, Managing Director, alongwith others addressed the call. Highlights of the call For the third quarter ended March 2009, Mastek reported 8% sequential dip in operating revenues at Rs 231.11 crore. OPM dipped 210bps at 17.8% on the back of lower … Read more Mastek Expects sequential dip in revenues in June’09 quarter

Airtel Call Home India One Offer @ 1 cent is Marketing Gimmick

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It looks like some marketing executives from RCom have joined Airtel Call Home. Airtel unveiled a new package Call India at 1 cent / minute. This is just a plain marketing gimmick as Airtel is selling those calling card of $9.99 with a rental fee of $3.99. This means you have talk time of $6 … Read more Airtel Call Home India One Offer @ 1 cent is Marketing Gimmick

Titan + Pantaloon – What’s in Store this Quarter’s ?

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Pantaloon Future Group Retail – We expect revenue, operating profit, and adjusted net profit growth of 25%, 43%, and 16% YoY, respectively in F3Q09. Gross margins are expected to drop 100bp YoY on a higher proportion of value retail sales. However, EBITDA margins are likely to improve by 125bp, but a 70% rise in interest … Read more Titan + Pantaloon – What’s in Store this Quarter’s ?