Recovery in railways and infrastructure will help growth in coming quarters, Rajiv Batra, Chief Financial Officer (CFO) of Cummins India told CNBC-TV18.
Posts tagged MC
Domestic revenue to grow 10-15% in FY16: Cummins India (09-11-2015)
Sensex, Nifty trim losses; Tata Motors, SBI, Maruti rebound (09-11-2015)
Tata Motors (up 2 percent), State Bank of India (up over 1 percent) and Maruti Suzuki (up over 1 percent) rebounded amid market weakness.
Corporation Bank Q2 net up 18% at Rs 189 crore (09-11-2015)
The bank’s net profit stood at Rs 160.51 crore during the same July-September period of the previous fiscal.
Hoping to see reforms push post Bihar defeat: Religare Cap (09-11-2015)
Gautam Trivedi of Religare Capital said there is no immediate trigger for market to move up and is likely to continue its downward trend.
See 10% earnings cut; DIIs shouldn’t throw in towel: Udayan (09-11-2015)
This defeat may force the government to review its policies and wonder whether a more left of centre kind of an approach may be more beneficial in the run up to the UP election in 2017, which is more important than Bihar, says CNBC-TV18 consultant Udayan Mukherjee
Maggi Noodles back, Nestle India partners with Snapdeal (09-11-2015)
“Most states do not have a ban on sale of Maggi Noodles. For states where specific directions are required we are engaging with them,” a company statement said.
Maggi Noodles sold out on Snapdeal, 12 packs at Rs 144 (09-11-2015)
“Most states do not have a ban on sale of Maggi Noodles. For states where specific directions are required we are engaging with them,” a company statement said.
Nifty can fall at opening bell: Maximus Securities (09-11-2015)
Trading of CNX Nifty futures on the Singapore stock exchange indicates that the Nifty could loose 152.50 points at the opening bell, says Maximus Securities.
JLR drafts 4.5 bn pounds cost-cutting plan: Report (09-11-2015)
The project known as Leap 4.5 will scrutinise almost every area of spending at Britain’s luxury car manufacturer, ‘The Sunday Times’ reported. The 3-billion-a-year pounds capital budget, focused on research and development and new plants, will be spared.
‘Don’t see earnings recovery in Q3, Q4; mkt upside capped’ (09-11-2015)
Saurabh Mukherje, CEO of institutional equities at Ambit Capital, rues about the fact that corporate earnings have been alluding the market for almost six quarters now, while Arvind Sanger of Geosphere Capital Management says there are worries that the BJP government may turn populist to gain voter confidence