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Result Summary: Nifty Companies Grow EPS 10%, Banks Grow 20% (Till Now)

The financial results of 33 Nifty companies are out and we seem to have a rough quarter on our hands, with average EPS growth of just 9.2%. An outlier exists ...

Club Mahindra Gets Penalized for Giving Rooms to Non-Members, Denying Members

Club Mahindra has offered rooms to non-members while members were refused, it turns out, as a State Consumer Forum orders them to pay back all money received ...

New Way To Renege On Agreement: It was Unauthorized! (RCOM)

If you thought that Reliance Communications screws up by sending you wrong bills, you might enjoy some poetic justice. From their QIP document: 7.2 In February ...

JSW Steel Will Pay 125 Cr. or 30% of Profits to Promoter’s Wife For The “JSW” Brand

In a shameful episode, the promoters of JSW Steel have claimed complete ownership of the “JSW” brand, and decided to pay a company owned by Sangita Jindal ...

Charts: Reliance Finally Makes Record Profits, But Growth Isn’t Very Impressive

Reliance Results came in today, and as things go, they seem to be a) better than expected and b) not so brilliant in the scheme of things. I know people like ...

Is Infy Topping Out in Earnings? Results in Charts.

We’re a few days late, but here’s Infy results in charts: Revenue Growth Interesting YoY, Flat QoQ They’ve grown revenues about 13% over the last year, ...

Mahindra Holidays Acquires Finnish Holiday Resorts for EUR 13M

Mahindra Holidays will pay Rs. 104 cr. or EUR 13 million to buy 18.8% of a Finland based resort called Holiday Resorts. Their press release says they have the ...

How is Mantri Realty Offering 100% Return in Three Years?

How can Mantri guarantee returns? And 100% in three years? This is like spitting on the face of SEBI which regulates that no one can guarantee investment ...

Maruti Makes The Best of Car Sales Growth in June

It’s been a good June for Car Sales, it seems. The top 8 manufacturers sold 16% more cars than in Jun 2013, and of them Maruti has done the biggest ...

Bahl’s Exit at Network18, and the Collateral Damage of Paid News

An interesting story on the Reliance takeover of Network 18 by Ashish Mishra at Mint. “I am quitting,” Bahl said. “Reliance wants to take over.” The ...