Cement sector aims double digit growth Cement sector aims double digit growth DSIJ Intelligence / Monday, January 14, 2019 0 2710 Article rating: 3.4 In the first half of FY19, the industry has seen a growth of 13 per cent. The industry did go through very tough times from 2010-2016, growing at less than 5 per cent. Looking at 2017-18, the growth rate was 9 per cent. Read more
BHEL wins mega solar photovoltaic order BHEL wins mega solar photovoltaic order Pratik Shastri / Monday, January 14, 2019 0 1416 Article rating: 5.0 India top PSU company Bharat Heavy Electricals Limited (BHEL) informed to exchanges that, it has won an order for setting up SPV power plants in Telangana from Singareni Collieries Company Limited. Read more
Maruti Suzuki launches revamped WagonR Maruti Suzuki launches revamped WagonR Pratik Shastri / Monday, January 14, 2019 0 697 Article rating: 5.0 Maruti Suzuki, India’s largest passenger vehicle manufacturer, has opened bookings for the all-new version of WagonR. Read more
Rising discom dues pull down power stocks Rising discom dues pull down power stocks Amir Shaikh / Monday, January 14, 2019 0 635 Article rating: 5.0 Outstanding dues of state distribution companies (discom) to power companies surged nearly 25 per cent to Rs. 39,498 crore in the October 2018, adding to woes of electricity generating firms. Read more
J&K Bank profit to reach Rs. 2,000 crore by 2022 J&K Bank profit to reach Rs. 2,000 crore by 2022 DSIJ Intelligence / Monday, January 14, 2019 0 1570 Article rating: 3.6 Post transformation, the management is expecting a total business of Rs. 2.45 lakh crore with a targeted profit of Rs. 2,000 crore, net interest margin ranging between 3.5-4 per cent, return on assets of 1.3 per cent, return on equity of 16 per cent and credit cost below 1 per cent at the end of FY 2022. Read more