Margin

  • In race for bigger margins, drug makers willing to lose the India 'advantage' Yesterday

    Mumbai: Indian drug makers are fleeing a regulatory morass at home and moving some research and development to Europe and the United States as they try to boost margins by producing high-value drugs. India's $15 billion a year pharma industry, the world's largest source of cheap generics, is already reeling from...
  • IT rates unchanged; sops to small, marginal assesses in Budget July 10, 2014

    New Delhi: The Budget for 2014-15 on Thursday left income tax rates unchanged but provided sops to small and marginal assesses by raising the threshold exemption limit from Rs 2 lakh to Rs 2.5 lakh and investments under 80C by Rs 50,000 to Rs 1.5 lakh while promising not to...
  • Narendra Modi wins big but fails to break record May 16, 2014

    Ahmedabad: BJP's prime ministerial candidate Narendra Modi trounced his Congress rival Madhusudan Mistry by a staggering 5,70,128 votes in Vadodara but failed to break the record of highest margin of victory set by Anil Basu of CPI-M. The BJP's prime ministerial candidate's margin of victory in his first outing in the...
  • RBI's move to cut MSF will curtail volatility, lower banks' borrowing costs: Assocham October 8, 2013

    Welcoming the RBI's move to cut the marginal standing facility (MSF) rate, industry body Assocham on Tuesday said the step will curb volatility in the interest rates and lower cost of borrowing for banks. "I firmly believe that the cut in MSF rate will help reduce volatility in the interest rate...
  • RBI trims short-term rate as rupee pressure eases October 8, 2013

    The Reserve Bank of India on Monday cut a key overnight interest rate, further dialling back an emergency measure it had imposed in mid-July in order to defend the embattled rupee that had tightened market liquidity and pushed up borrowing costs. The move to cut the marginal standing facility (MSF) rate...
  • RBI Governor Raghuram Rajan may raise policy rates yet again September 23, 2013

    Reserve Bank of India Governor Raghuram Rajan may raise policy rates again after shocking markets by increasing them in only his first meeting, signalling he is willing to risk prolonging what is already the lowest economic growth in years in order to quash persistent inflation. Raising the repo rate by 25...
  • RBI opens spl 2-day MSF window to meet advance tax demand September 14, 2013

    The Reserve Bank opened a special two-day funding window for banks through the marginal standing facility (MSF) today to help them meet liquidity needs as there would be higher demand for funds on account of advance tax payment. "Given the market conditions, we have decided to offer two-day funds to banks...
  • Around 10,000 chemists likely to go on strike on March 15 March 5, 2013

    New Delhi: Unhappy with the government's new drug pricing policy that will "reduce their profits" and "create hassles", 10,000 chemists across Delhi on Tuesday threatened to go on a strike March 15 if their demands were not met. Terming the policy as "unrealistic", Kailash Gupta, president of the All India Chemists...
  • RIL Q1 net dips 21 pc on weak petrochem margins July 20, 2012

    Mumbai: The net profit for the June quarter of Reliance Industries (RIL) fell 21 per cent to Rs 4470 crore on dwindling margins in all its business segments - refining, petrochemicals and oil & gas production. However, as has been the case in the last couple of quarters, the company's profit...
  • Rising visa costs may pinch IT cos' profits July 15, 2012

    New Delhi: Indian IT companies, including market leaders TCS and Infosys, may have to bear huge costs towards employee visa fees going ahead, which in turn can put pressure on their profit margins. Difficult visa norms, particularly in the US - one of the most important markets for the Indian software...
  • Wow that was close: Narrowest Test wins December 12, 2011

    New Zealand's nail-biting seven-run win over Australia on the fourth day in Hobart was the seventh smallest of all time in terms of margin of runs and the narrowest since July 2000. In fact, in the last ten years, only one match has been won by a lesser margin of...
  • Rupee off early high as stocks falter December 3, 2008

    Mumbai: The rupee strengthened past 50 per dollar in early trade on Wednesday on hopes of some foreign inflows into the local share market, but then eased as stocks failed to follow overseas leads. At 10:15 am, the partially convertible rupee was at 49.98/50.00 per dollar, off an early high...
  • Bundelkhand drought ends, but no men left to till fields June 24, 2008

    Bundelkhand (Uttar Pradesh): After more than five years of no rainfall, Bundelkhand is today witnessing heavy rains. Even though it comes as a blessing for farmers, the irony is that most of the men have migrated to other states and there is no one around to till the fields. For...
  • Karnataka Poll: Lowest margin mere 20, highest 53,661 May 25, 2008

    Bangalore: It was a slip between the cup and the lip for Congress nominee Mohan Krishna Shetty in Kumta in Uttara Kannada District as he lost by a mere 20 votes to Janata Dal (Secular) Dinkar Keshava Shetty. S A Ravindranath of the BJP, however, got the highest margin of victory...
  • Satyam Q4 net up 18 per cent at Rs 468 cr April 21, 2008

    Mumbai: Consulting and IT services provider Satyam Computer Services on Monday announced a 17.84 per cent jump in its January-March quarter profit after tax at Rs 468.45 crore. Satyam had reported a PAT of Rs 397.51 crore for the fourth quarter ended March 31, 2007, the company said in a filing...
  • Bundelkhand drought sees farmers leave in droves December 13, 2007

    Mahoba, UP: Drought in the Bundelkhand region is forcing the local farmer populace to migrate in droves. The bed of the Arjun Dam is now so dry that it can be mistaken for farmland. Drought has already claimed the Kharif crop this year, which threw people out of work for six...
  • Idea Cellular reports decline in profit October 26, 2007

    New Delhi: Aditya Birla Group firm Idea Cellular on Thursday reported a PAT of Rs 220 crore in quarter ended September 30 against Rs 308 crore in the corresponding quarter. PTI quoted Idea official saying that the dip in the profit was due to one-time gain of Rs 78 crore by...
  • Wipro’s second-quarter net rises 17 pc October 19, 2007

    New Delhi: Software major Wipro Ltd on Friday posted an increase of 17.63 per cent in net profit at Rs 823.7 crore for the quarter ended September 30 compared to Rs 700.2 crore for the corresponding quarter last year. The total income of the company rose by 34.64 per cent at...
  • Mkt closes on a new high, Nifty eyeing 5000 mark September 24, 2007

    Mumbai: It has been one of the most interesting times in the Indian stock markets as they have been making new records touching some new highs. Sensex and Nifty closed the near the high point of the day and also on a new life time high. Nifty was up 90...
  • Mkt ends on strong note, Energy star performers September 21, 2007

    Mumbai: It was not only an interesting end to the week but an entire interesting week for equity markets. The week saw some terrific gains on account of 50 bps rate cut by the Fed. Sensex was up 6.4 per cent and Nifty up 7.3 per cent during the week....
  • Rising rupee hurting commodity exports May 17, 2007

    New Delhi: Indian exporters of major farm commodities, including rice, soymeal, sugar and cotton, are being hit by a rising rupee, and traders urged the government to intervene to protect their margins. The rupee has gained more than 8 per cent this year, powered by strong capital inflows into the...
  • RIL FY-07 net crosses Rs 10,000 cr April 26, 2007

    Mumbai: The big daddy of the stock market, Reliance Industries, announced its results on Thursday, declaring net profit at over Rs 10,000 crore and revenues at Rs 1,00,000-crore level on record refining margins and booming petrochemicals business during 2006-07. The results have been much above expectations. The Mukesh Ambani-led RIL,...
  • Market ends with marginal loss June 17, 2007

    New Delhi: The markets ended in the negative territory with marginal losses tracking its Asian peers. Sell off was seen in Asia on account of rate hike concerns in China. The Shanghai Composit ended down 4.5 per cent due to signals of overheating in the economy with Chineses GDP numbers...
  • TCS gears up for next big leap October 17, 2006

    Mumbai: Tata Consultancy Services has come out with Q2 numbers that have beat Street expectations. The company's net profit was up 14.95 per cent from Rs 862.6 crore to Rs 991.5 crore, quarter-on-quarter, QoQ. In response to these figures put out, the management of TCS discusses the company’s future outlook and...
  • Asian GRM crash threatens petro cos September 21, 2006

    Mumbai: Asian GRMs (Gross Refining Margins) have crashed in the second quarter and domestic standalone refineries like RIL, Kochi and Chennai Petro are likely to be worst hit. S Varatharajan of Motilal Oswal and Jigar Shah of K R Choksey Securities give their views. Vartharajan believes that the fall in crude...