Free & Fearless Press – Right of every Indian
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
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
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 ?
Key Highlights of the meet The net sales of the wholly owned subsidiary, Duchem Laboratories for the three months ended 28 February, 2009 were Rs 0.55 crore compared to Rs 1.11 crore in the corresponding pervious period. Net profit stood at Rs 0.22 crore as against of Rs 0.33 crore. Other operating income includes service … Read more Pfizer No plans to buyback shares
Sales for the current fiscal (FY2010) to grow by 20% and the profits to grow by 25% factoring in no wage revision provision and material cost remain same. Conservatively expects an order inflow of Rs 50000 crore with about 35000 crore of power sector orders, 10000 crore of industrial sector orders and Rs 5000 crore … Read more BHEL -Expects revenue growth of 20% in FY – 10
Insurance companies in the health sector have come together to form a Health Insurance Council to standardize practices across companies, a move that would help the policy holders to get better service and for clearing all the hurdles of growth. Along with representatives from insurance companies, the proposed body will also have representatives from third-party … Read more Health Insurance Council India – Insurers come together