The company has seen a same-store sales growth of 4 percent for the first half this fiscal and a revenue gain of 12.5 percent at Rs 162 crore for the second quarter against Rs 144 crore for the same quarter last fiscal.
Posts tagged MC
Plan to open 20 new stores in FY16: V-Mart (02-12-2015)
Govt official floats idea of national gold exchange (02-12-2015)
Such a platform could provide transparency and establish a price benchmark in the market, though some in the industry said more changes were needed before such a plan might work.
Sun Life to up stake in Birla insurance JV to 49% (02-12-2015)
As per the ABNL’s agreement with Sun Life, the company will sell nearly 437 million equity shares constituting 23 percent of the issued and paid-up equity share capital of BSLI.
Profit booking drags Nifty below 7950; banks fall, Lupin up (02-12-2015)
Banking financials and infra stocks pulled the market down while healthcare and select index heavyweights gained. The broader markets continued to outperform benchmarks.
FinMin keen to cut projected spend on 7th Pay Comm: Sources (02-12-2015)
The FinMin is keen on pruning Pay Commission spend by Rs 15,000- Rs 25,000 crore.
IPR policy to help India become innovative economy: Kant (02-12-2015)
A draft policy, which is in the public domain, seeks to encourage innovation by providing tax incentives and modifying intellectual property rights.
Sensex, Nifty see profit booking; banks drag, Maruti gains (02-12-2015)
Infosys, ICICI Bank, HDFC, SBI, HDFC Bank, HUL, Bharti Airtel and Wipro were down 0.5-1.5 percent while Reliance Industries, Maruti Suzuki, Dr Reddy’s Labs, Lupin, Cipla, Hindalco and Vedanta gained 0.7-1.5 percent. Tata Steel topped the buying list on Sensex, up nearly 3 percent.
Avenger sales strong; Nepal woes hurting exports:Bajaj Auto (02-12-2015)
S. Ravikumar, President-Business Development, Bajaj Auto, says exports have been a problem and typically one quarter every year would be soft due to varying reasons. The decline this year was largely due to forex volatility (Nigeria) and political issues (Nepal) in most of the company’s export markets.
See capital to risk assets ratio @ 11.5% by Mar 31: Dena Bk (02-12-2015)
Dena Bank CMD Ashwani Kumar hopes that with credit growth and uptick in the market, the bank will be able to have a CRAR of about 11.5 percent by March 31
Won’t cut base rates, but peers might in Q4: Federal Bk (02-12-2015)
In an interview to CNBC-TV18, Shyam Srinivasan, managing director and chief executive officer, Federal Bank says the bank may not be able to cut rates any further, but says other banks may be able to cut base rates only around the next policy.