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14 November, 2018 5:30 PM United Breweries Q2 net up 74.5% to Rs 163.77 cr

United Breweries posted a 74.52 percent jump in standalone net profit at Rs 163.77 crore for the September quarter, led by volume and pricing growth. The company had reported a net profit of Rs 93.84 crore in the July-September period a year ago, United Breweries (UBL) said in a BSE filing. Total income from operations rose 21.62 percent to Rs 3,335.54 crore 43

14 November, 2018 8:45 AM M&M Q2 net profit up 26% YoY at Rs 1,778.75 crore; tractor revenues grow 1.8%

Automobile major, Mahindra and Mahindra, reported a net profit of Rs 1,778.75 crore for the September quarter. This implies a jump of 26 percent from the profit of Rs 1,410.86 crore posted during the same quarter of last year. The results include combined financials for Mahindra & Mahindra as well as Mahindra Vehicle Manufacturers (MVML). The total revenue 42

12 November, 2018 2:50 PM Oil India net profit up 28% in Q2

State-owned Oil India reported a 28 percent jump in its September quarter net profit as it benefited from a rise in international oil prices and depreciation of the rupee. Net profit in July-September at Rs 862.01 crore, or Rs 7.59 per share, was higher than Rs 645.97 crore, or Rs 5.69 a share, net profit in the same period last year, the company said in a statement 55

12 November, 2018 9:34 AM Bajaj to sell imported Husqvarna until local manufacturing begins

Bajaj will now introduce fully imported models of Husqvarna in India as part of its intensive brand building measure. Bajaj Auto, India’s third largest two-wheeler maker, has revised the launch plan of its iconic Husqvarna bike in India. The Pune-based maker of Pulsar and Avenger range of motorcycles will now introduce fully imported models of Husqvarna 60

10 November, 2018 6:13 PM YSR Congress Won't Contest December 7 Assembly Polls In Telangana

The YSR Congress Saturday decided not to contest the December 7 assembly elections in Telangana since its 'complete focus' is on the 2019 elections in Andhra Pradesh, its actual base. The party, however, said it would take steps to strengthen the organisation across Telangana with the elections in 2024 as the target. The YSRC won three assembly seats 52

9 November, 2018 3:57 PM After weeks of fall, forex kitty jumps by over $1 bn to $393.13 bn

After multiple weeks of decline, the country's foreign exchange reserves swelled by $1.054 billion to $393.132 billion in the week to November 2, driven by a jump in foreign currency assets and gold holdings, RBI data showed on November 9. Total reserves had dropped by $1.444 billion to $392.078 billion for the previous reporting week. After a long gap, gold reserves 74

9 November, 2018 11:34 AM Won't Come Home Till Family Backs Divorce Decision, Says Tej Pratap

RJD chief Lalu Yadav's son Tej Pratap Yadav on Friday said he was currently putting up in Haridwar and would not return home till his family backed his decision to divorce his wife of six months. Talking to a regional news channel in Patna over phone, he extended his greetings to younger brother Tejashwi Yadav on his birthday, but said he would not be able to join the celebrations 137

5 November, 2018 2:36 PM Natco Pharma net profit up 115% in Q2FY19

Hyderabad based Natco Pharma has reported 115 percent jump in net profit on a consolidated basis at 181.60 crore for the quarter ended September 2018 as against Rs 84.40 crore same period last year. The company has recorded consolidated total revenue of Rs 583.50 crore for the second quarter ended on 30th September, as against Rs 432.20 crore for the same period 62

5 November, 2018 8:57 AM Gail India Q2 net profit up 55% at Rs 1,963 crore on better operating performance

Gail India has reported 55.8 percent jump in its QoQ net profit at Rs 1,963 crore on the back of better operating performance. The company had reported net profit at Rs 1259.25 crore in the quarter ended June 2018. Revenue of the company was up 11.4 percent at Rs 19,275 crore against Rs 17,299 crore. Operating profit or EBITDA of the company rose 29 percent 58

2 November, 2018 5:47 PM "India Will Become Fifth Largest Economy In 2019," Says Arun Jaitley

India emerged as the world's sixth largest economy in 2017, surpassing France, and is likely to go past the United Kingdom, which is at the fifth position. Finance Minister Arun Jaitley on Friday said India would become the world's fifth largest economy in 2019 and among the top three in the coming years. Speaking at the 'Support and Outreach Initiative 78