narendra modi

 

India to raise health spending by 11 pc; less than requested

Jan 18 2018

India is poised to raise its public health spending by 11 pc in the annual budget, after rejecting Nadda’s demand for a much bigger increase to ramp up disease control.

Shiv Sena asks Modi, Shah to clarify Togadia's claims

Jan 18 2018

Shiv Sena today latched on to VHP leader Pravin Togadia's claim of a plot to kill him to target Prime Minister Narendra Modi and BJP chief Amit Shah.

Netanyahu credits conscription for better innovation in Israel

Jan 18 2018

Israeli PM Netanyahu credited conscription for his country's ability to innovate, saying compulsory military service provided "real education" to people.

Netanyahu pays tributes to 26/11 terror attack victims

Jan 18 2018

Israeli Prime Minister Benjamin Netanyahu paid tributes to the victims of the 26/11 Mumbai terror attacks.

BJP govt has ended appeasement, vote bank politics: Naqvi

Jan 18 2018

The BJP government at the Centre has ended "appeasement and vote bank politics", which was going on for years, Union Minority Affairs Mukhtar Abbas Naqvi said.

Indo-Israel friendship is a match made in heaven: Netanyahu

Jan 18 2018

Israeli PM Netanyahu termed his country's partnership with India as one "made in heaven", which rests on shared values of love for humanity, democracy and freedom.

Narendra Modi, Sushma Swaraj mislead nation on Doklam: Congress

Jan 18 2018

Congress accused Modi, Sushma of misleading the nation over Chinese troops occupying Doklam plateau, saying Indian security and strategic interests have been compromised.

Future belongs to those who innovate: Netanyahu to India Inc

Jan 18 2018

"It is very, very crucial today for you and your Israeli counterparts to meet up, because the future belongs to those who innovate," Netanyahu said.

Japan in driver's seat for Indian bullet train deals

Jan 18 2018

Japanese steel and engineering companies are in the driver’s seat to bag major supply contracts for a $17 billion Indian bullet train.

Yes Bank to mobilise USD 1 bn by 2023 for solar projects

Jan 17 2018

Private sector lender Yes Bank today said it will mobilise USD 1 billion by 2023 for financing solar energy projects in India.

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Global Markets

 

Stocks In News

 

ADANI TRANSMISSION Q3

Net Sales at Rs 1540 Cr Vs Rs 508 Cr, up 3x

Total Income at Rs 1,808 Cr vs Rs 734 Cr, 2.5x

EBITDA at Rs 1462 Cr Vs Rs 475 Cr, up 3x

EBITDA margins at Rs 95% vs 93.5%

PAT Rs 842 Cr vs Rs 99.3 Cr, up 8x

All results are Consol & comparable YoY

DCB BANK Q3 REVIEW

PAT at Rs 57 Cr vs 51 Cr up 11.8%

NII at Rs 250 Cr vs 209 Cr up 19.6%

Non-Interest Income at Rs 75 Cr vs 64 Cr, up 17.2%

Operating Profit at Rs 123 Cr vs 109 Cr, up 12.8%

Net Interest Margin at 4.12% vs 3.95% YoY

All results are comparable YoY

TATA SPONGE Q3 REVIEW

Net Sales up 36% at Rs 214.5 Cr Vs Rs 157.6 Cr

EBITDA up 3.1x at Rs 59.8 Cr Vs Rs 19.4 Cr

EBITDA Margin at 27.9% V 12.3%

Net Profit up 3.3x at Rs 36 Cr Vs Rs 11 Cr

Other Income up 36% at Rs 11.7 Cr Vs Rs 8.6 Cr

All figures are standalone and comparable YoY

THIRUMALAI CHEMICALS Q3 REVIEW

Net Sales up 6.9% at Rs 254.8 Cr Vs Rs 238.4 Cr

EBITDA up 80% at Rs 70.1 Cr Vs Rs 39 Cr

EBITDA Margin at 27.5% vs 16.4%

Net Profit up 2.3x at Rs 43.2 cr vs Rs 18.8 cr

All figures are comparable YoY

SREI INFRA Q3 REVIEW

AUM at Rs 44971 Cr Vs Rs 37505 Cr, Up 20%

Disbursements at Rs 5731 Cr Vs Rs 4812 Cr, Up 19%

Total Income at Rs 1411 Cr Vs Rs 1134 Cr, Up 24%

Calc NII at Rs 645 Cr Vs Rs 419 Cr, Up 54%

PAT at Rs 105 Cr Vs Rs 67 Cr, Up 56%

All results are comparable YoY

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