Axis Bank Expect Gross NPA not to exceed 120-140 basis points

by

Axis Bank held its conference call on 21st April 2009 to discuss on the company’s performance for full year ended March 2009. Highlights Axis bank registered 25% y-o-y growth in Q4FY09 in its Net Interest Income of Rs 1032.60 crore as against Rs 828.43 crore in Q4FY08 of the preceding year. With the other income … Read more Axis Bank Expect Gross NPA not to exceed 120-140 basis points

Sesa Goa – Targets 20-25% growth in Iron ore volumes for FY 2009-10

by

Sesa Goa (SGL) held a conference call to discuss quarterly and yearly results and future growth plans. P. K. Mukherjee, Managing Director and CEO addressed the call. Quarterly highlights Iron ore Sales increased marginally from 5.005 Million tonnes (Mt) during the quarter ended Mar’08 to 5.025 Mt during quarter ended Mar’09 Metallurgical coke Sales decreased … Read more Sesa Goa – Targets 20-25% growth in Iron ore volumes for FY 2009-10

TCS looks for smaller IT firms as partners for government contracts

by

Tata Consultancy Services (TCS) is looking to partner with smaller overseas companies who can work with them for executing government contracts. Considering the fact that governments across the globe expanding spending on IT solutions, the company wants to grow its government solutions business with minimal increase in payroll costs. The company aims to do this … Read more TCS looks for smaller IT firms as partners for government contracts

TCS – Uncertainty on volume growth for next year

by

Tata Consultancy Services (TCS) held a conference call after it declared results fourth quarter of FY09. Mr S. Ramadorai, Chief Executive Officer and Managing Director, S. Mahalingam, Chief Financial Officer and N. Chandrasekaran, Executive Vice-President addressed the conference. Highlights of the call For the quarter ended March 2009, on Q-o-Q basis, TCS reported 1% dip … Read more TCS – Uncertainty on volume growth for next year