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Enterprise
HUL’s June quarter net profit up 19% on higher volumes
Earnings for the first quarter of FY19 reported by India’s largest listed consumer packaged goods firm met Street estimates, signalling continued consumption growth in the economy.
Opinion
Bystander: The return of the Japanese
Hero MotoCorp holds a little over 50% of the motorcycle market, but in the next five years the combined share of Honda, Suzuki and Yamaha is expected to outgrow that.
Enterprise
Malaysia’s IHH Healthcare wins Fortis
IHH Healthcare beat TPG-backed Manipal Hospital Enterprises with its offer of an investment of Rs 4,000 crore at a price of Rs 170 per equity share.
Enterprise
RIL crosses $100 billion in market cap
Mukesh Ambani-led RIL is the second company to cross this milestone in this fiscal.
Enterprise
Tata Nano: Zero exports over last 6 months
Ratan Tata’s dream project, Nano, touted to be a “cheap car” for families wanting an upgrade from two-wheelers, sold just three cars last month.
Opinion
Netflix looks at the bigger picture in India
Netflix is betting big on its original Indian shows, but will it beat Bollywood? Probably not anytime soon.
Building a future-ready workforce
While many organisations have all the ingredients to grow smartly in the digital era, are they doing enough to nurture their biggest asset—their people?
Wilful defaults: the financial underbelly of the banking system
Only four economies globally have higher NPAs than India. These are Portugal, Italy, Ireland, and Greece.
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Macro
How Jio Institute got on to the same list as IIT D
Reliance Foundation’s yet-to-be established higher education institute is part of five other colleges that have been selected to be Institutions of Eminence by the HRD ministry.
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Enterprise
Vistara inks $3.1 billion deal for 19 planes
The airline plans to launch international operations later this year.
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Enterprise
Infosys Q1 profit falls 2% quarter-on-quarter
The software services exporter recorded a net profit of Rs 3,612 crore during the June quarter compared to Rs 3,690 crore in the preceding quarter; announces 1:1 bonus share issue.
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Investing
FPI outflow: This time it’s different
Foreign portfolio investors net outflow of $6.98 billion in the first six months of 2018 is the highest in 10 years.
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Macro
Vehicle sales grow 25.23% in June: SIAM
Growth looks good due to the lower base last year which saw plummeting vehicle sales ahead of introduction of the GST in July, says SIAM.
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Macro
Andhra Pradesh tops ease of doing business ranking
Telengana was a close second followed by Haryana, Jharkhand, and Gujarat in the annual rankings by the Department of Industrial Policy and Promotion (DIPP) and the World Bank.
Multimedia
Private equity deals value falls by 39%
The deal volume, however, rose 22% to 165 transactions during the period due to increased deal activity on the Internet and computer software segments.
‘India has a lot to teach America in healthcare’
Vijay Govindarajan says that while the Indian healthcare system has a severe shortage of doctors and facilities, the U.S. has plenty of medical resources.
Liberty House : A passage to India
After a global acquisition spree, British industrialist Sanjeev Gupta is looking to buy at least four distressed Indian companies.
Salesforce: Transforming India, digitally
U.S.-based software firm Salesforce’s Sunil Jose says the company is preparing organisations in India for the “fourth industrial revolution”.
Havells: The big switch
Havells chairman Anil Rai Gupta is following in his father’s footsteps, but is also making some footprints of his own.
Emami: Sprucing up its act
With competition nipping at its heels, Emami is entering new segments and pumping up its e-commerce business.