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JLR, commercial vehicle drive Tata Motors' growth

JLR, commercial vehicle drive Tata Motors' growth

Tata Motors reported stellar numbers for the March quarter, with 19 per cent year-on-year consolidated revenue growth at Rs 80,684 crore.

Strong sales growth of Jaguar Land Rover (JLR) across geographies and robust commercial vehicle in the domestic market drove the growth.

NTPC profits continue to slide, income dips by 5%

NTPC profits continue to slide, income dips by 5%

State-owned NTPC registered an annual profit of Rs 10,243 crore during 2015-16, showing a mild decline from the previous year’s figure of Rs 10,291 crore.

The company, a leading power producer, has been posting decline in profit for the past three years now.

Reliance Infrastructure looking to sell all road assets by September

Reliance Infrastructure looking to sell all road assets by September

Reliance Infrastructure Ltd is looking to sell its 11 toll road assets to an overseas buyer for more than $1.5 billion by September, chief executive officer Lalit Jalan has said.

The company has shortlisted two consortiums of long-term financial investors and will enter into “exclusive” talks with them before selecting the buyer, Jalan said in an interview on Saturday.

Mahindra and Mahindra net profit rises 6 per cent to Rs 583.73 cr in Q4

Mahindra and Mahindra net profit rises 6 per cent to Rs 583.73 cr in Q4

Automaker Mahindra & Mahindra (M&M) on Monday reported a rise of 6.02 per cent in its net profit at Rs 583.73 crore for the quarter ended March 31, 2016 as compared to Rs 550.56 crore for the same quarter in the previous year, driven by robust sales in the utility vehicle segment.

Total income of the company has increased by 14.58 per cent at Rs 10912.45 crore for quarter under review as compared to Rs 9524.04 crore for the quarter ended March 31, 2015.

SEBI Sebi orders attachment of 25 properties of 3 firms

SEBI Sebi orders attachment of 25 properties of 3 firms

To recover dues, markets watchdog Sebi has ordered attachment of a total of 25 properties of Infinity Realcon, Weird Industries and Greenworld Agro Industries, which had raised money illegally from the public.

The properties being attached include land parcel, residential flat and commercial apartment.

Maruti Suzuki suspends production temporarily after fire

Maruti Suzuki suspends production temporarily after fire

Maruti Suzuki has suspended production due to the fire at auto component supplier factory in Manesar.

A major fire engulfed auto component maker​ Subros on Sunday afternoon. The unit manufactures compressors for Maruti Suzuki.

At IBM a team of 4,000 employees focus' on millennial workforce

At IBM a team of 4,000 employees focus' on millennial workforce

By 2020, research suggests that 50% of the workforce will have millennials as employees. IBM, the world's largest technology and IT services firm, wants to be clued into how the millennials think and work; to that end, it has created a global team of 4,000 employees called IBM Millennial Corps.

This global team (of all ages) is focused on improving millennials' experience at the company. This community of millennials are constantly interacting within themselves and actively contributing to IBM projects, such as Checkpoint, a quarterly feedback system.

DLF’s market cap continues to erode; high interest costs trim profit

DLF’s market cap continues to erode; high interest costs trim profit

Realty firm DLF Ltd’s market capitalization is down to about one-fourth of what it was when the shares debuted on BSE in July 2007.

Even starker is the 90% erosion in market cap since the shares hit an all-time high on 14 January 2008, after which the global markets went into a tailspin with the Lehman-crisis.

Sensex shows traction, up 117 on monsoon update, strong Q4

Sensex shows traction, up 117 on monsoon update, strong Q4

Adding to its rally for the fifth straight session, the benchmark Sensex surged about 117 points in early trade on Monday as investors went in for more bets amid upbeat fourth quarter numbers and on monsoon hopes.

The 30-share barometer rose 116.82 points, or 0.43 per cent, to 26,770.42. The gauge had gained 1,423.24 points in the previous four sessions.

BHEL stock down 5% on weak Q4 results

BHEL stock down 5% on weak Q4 results

Shares of power equipment maker BHEL fell by 5 per cent after the company’s standalone net profit declined 59.5 per cent in the fourth quarter ended March 31, 2015-16.

The company’s result came post market hours on Friday.

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