Videocon Industries plans to demerge its telecom business Videocon Telecom Ltd into six new group companies by circles. In an interview to CNBC-TV18, Arvind Bali, Director CEO at Videocon Telecom spoke about the latest happenings in his company and sector.
Posts tagged MC
DCB Bank sinks 20%: Branch expansion plan spooks street (14-10-2015)
Brokerage house Kotak has downgraded private sector lender DCB Bank to sell from buy and lowered its target price.
Need to double capacity to carry more cargo: Mercator (14-10-2015)
New Delhi is proposing importers sign 5-year contracts with local shipping firms in a move designed to shift freight worth billions of dollars to Indian flag carriers and help boost fleet companies like Shipping Corp of India , Mercator Ltd , Great Eastern Shipping Co and Essar Shipping
Underweight on IT, banks remain near-term worry: Kotak MF (14-10-2015)
Harsha Upadhyaya, CIO-Equity, Kotak Mutual Fund says market will consolidate at the current level.
Expect market to open on negative note: Angel Broking (14-10-2015)
According to Angel Broking, markets are expected to open negatively tracking the SGX Nifty and its Asian peers.
Nifty can fall at opening bell: Maximus Securities (14-10-2015)
Trading of CNX Nifty futures on the Singapore stock exchange indicates that the Nifty could loose 10 points at the opening bell, says a report by Maximus Securities.
See flat to negative opening: ICICIdirect (14-10-2015)
Nifty is likely to open flat to negative on the back of mixed global cues. It is likely to trade in the range of 8070-8180, says ICICIdirect.
Govt may extend anti-dumping duty on cold rolled steel (14-10-2015)
The Directorate General of Anti-Dumping and Allied Duties (DGAD), after ‘Sun Set Review’ on anti-dumping duty on ‘Cold Rolled Flat Products of Stainless Steel’, recommended that the duty should continue for another five years.
TCS’s Chandra hints 2% dip in FY16 constant currency growth (14-10-2015)
A day after TCS posted a largely muted set of quarterly earnings, CEO N Chandrasekaran said the company was witnessing ‘weak spots’ in the business and said its constant currency growth could see a “gap of 1.5-2 percent…explained by softness” in certain areas of the business.
Coffee Day Enterprises IPO opens: Should you subscribe? (14-10-2015)
Ambit points out that capital cost of store addition in context of the business is high citing that aggressive store addition over the years has seemingly diluted store portfolio.