Sun TV Network – Advertising growth rate of 18-20%

Sun TV Network held a conference call to discuss quarterly performance and future prospects of the company. Mr S Natrajhen, CFO addressed the call. Highlights of the call For FY09, the Company would continue 20% + growth. For FY10, advertising growth could be 18-20%. The management to maintain OPM in 74-75% range going forward. On … Read more Sun TV Network – Advertising growth rate of 18-20%

Glenmark Pharmaceuticals – Company cuts expected growth rate

Glenmark Pharmaceuticals declared the results for the quarter ended December’08 and held a tele conference call on 27th January 2008 to discuss the same and its future growth strategies. The key takeaways from the meet are as follows: Financial performance Specialty Business ROW Markets: India, Africa, Asia, CIS & Latin America region India Domestic formulation … Read more Glenmark Pharmaceuticals – Company cuts expected growth rate

Educomp Solutions – Not impacted by slowdown

Educomp Solutions held a conference call to discuss third quarter results and future prospects. Mr Shantanu Prakash, Chairman & Managing Director, addressed the call. Highlights of the call The management does not believe that it is in any way impacted by the slowdown in the economy and that its plans are on track. Educomp has … Read more Educomp Solutions – Not impacted by slowdown

GlaxoSmithkline Consumer Healthcare

GlaxoSmithkline Consumer Healthcare (GSK Consumer healthcare) held a conference call to discuss the result for the quarter ended December 2008. Following are the key highlights of the call: Highlights of the call The company’s sales for the calendar year (CY) ended December 2008 has increased by 21% to Rs 1592.30 crore while net profit has … Read more GlaxoSmithkline Consumer Healthcare

Maruti raises price of SX4, Swift , DZire Star Hatchback

Passenger car major Maruti Suzuki has decided to increase prices of its high-end vehicles due to higher input prices and foreign currency movement. As such factors influence prices of imported components; the company had no option but to go for an increase in prices. As a result, with effect from January 28, 2009, prices of … Read more Maruti raises price of SX4, Swift , DZire Star Hatchback