Jagran Prakashan on Friday demerged its radio business into single radio channel – Radio City, in which the company will hold 93 percent stake, Jagran’s CFO RK Agarwal told CNBC-TV18.
Posts tagged MC
Expect 15% CAGR growth from radio biz: Jagran Prakashan (09-10-2015)
Are buyers chasing fundamentally iffy stocks in this rally? (09-10-2015)
“Companies like Jaiprakash Associates, GMR Infrastructure, Lanco Infratech, among others, which are by and large fully bankrupt companies, are the star leaders in this run up to this thing. It tells you what the quality of this rally is going to be,” says Ajay Srivastava, CEO of Dimensions Consulting
IndiGo plans midnight flights from Oct 15, Spice to follow (09-10-2015)
Jet Airways currently operates 8 late night/early morning flights. A spokesperson said fares were generally lower for these flights but did not provide specific details.
Housing finance companies gain as much as 9.3% on RBI move (09-10-2015)
Consequently, GIC Housing Finance surged 9.24 percent, Dewan Housing Finance Corporation gained 4.68 percent, LIC Housing Finance was up 3.95 percent and Housing Development Finance Corporation rose by 1.57 percent on BSE. Earlier, the facility was available only in cases where the cost was up to Rs 20 lakh.
Buy HCL Tech; target of Rs 1000: Emkay (09-10-2015)
Emaky is bullish on HCL Tech and has recommended buy rating on the stock with a target price of Rs 1248 in its research report dated October 8, 2015.
IndusInd Bank Q2 beats estimates; profit, NII jump over 30% (09-10-2015)
Net interest income, the difference between interest earned and interest expended, increased 31.3 percent to Rs 1,094.3 crore in September quarter compared to Rs 833.11 crore in same quarter last year. Net interest margin improved sequentially to 3.88 percent from 3.68 percent.
IndusInd Bank Q2 net rises 30%, NII up 31% to Rs 1094 cr (09-10-2015)
Gross non-performing assets (NPA) was at 0.77 percent in Q2 while net NPA was unchanged.
Buy Reliance Industries; target of Rs 1248:Edelweiss (09-10-2015)
Edelweiss is bullish on Reliance Industries and has recommended buy rating on the stock with a target price of Rs 1248 in its research report dated October 8, 2015.
Realty sector may see turnaround from 2HCY16: BofAML (09-10-2015)
With further reduction in rates in the future, a turnaround is likely to take place starting the second half of calendar year 2016, a BofAML report states
Sensex up 234pts, Nifty firm; Infosys up 3% ahead of Q2 nos (09-10-2015)
Coal India, Maruti, BHEL, Sun Pharma and HUL were laggards in the Sensex. Infosys was up 3 percent ahead of its Q2 earnings.