Isha Arora
BQ Prime
Mumbai, MH, India
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Past articles by Isha:
Q1 Results: Jet Airways Reports A Loss For The Second Straight Quarter
Jet Airways (India) Ltd., which had deferred announcing its results, reported a loss for the second straight quarter, hurt by surging fuel costs, competitive fares and foreign exchange loss. → Read More
Stocks To Watch: Hexaware, Reliance Industries, InterGlobe Aviation
Indian equity benchmarks extended their record-breaking spree led by IT and FMCG shares. The S&P BSE Sensex rose 0.13 percent to a new closing high of 38,336.76 and the NSE Nifty 50 index climbed 0.1 percent to an all-time closing high of 11,582.75. → Read More
BQuick On August 16: Top 10 News Stories In Under 10 Minutes
BQuick brings you the top news of the day and the best reads from the Bloomberg Quint website in a snappy under-10 minute read. Read this for all the day’s headlines in business, markets, economy and politics. And sample our special stories and columns too. → Read More
Q1 Results: Sun Pharma’s Profit Meets Estimates
Sun Pharmaceuticals reported a profit of Rs 983 crore in the quarter ended June, compared with a loss of Rs 425 crore in the year-ago period, according to its exchange filing. That compares with Rs 982-crore profit analysts tracked by Bloomberg had projected. → Read More
Q1 Results: Tata Steel’s Profit More Than Doubles
Tata Steel Ltd.’s profit more than doubled in the April-June period. Yet, it failed to meet street expectations. The Mumbai-based steelmaker’s profit rose to Rs 1,954 crore in the three months to June, from Rs 918 crore profit earned in the year-ago period. → Read More
India’s Wholesale Inflation Moderates To 5.09% In July
India’s wholesale price-based inflation cooled more than expected in July after jumping to a near five-year high in the previous month. → Read More
Q1 Results: SBI Reports Loss For The Third Straight Quarter
SBI’s loss stood at Rs 4,875.8 crore in the quarter-ended June, according to its exchange filing. That compares with Rs 238-crore profit pegged by analysts tracked by Bloomberg. SBI had reported its largest ever quarterly loss of Rs 7,718 crore in the March-ended quarter. In the year-ago period, it had earned a profit of Rs 2,006 crore. → Read More
RBI Surplus Transfer To Government Rises In 2017-18
The board of Reserve Bank of India has approved transferring Rs 50,000 crore dividend to the government for 2017-18. The decision was taken at RBI’s Central Board of Directors meeting today. → Read More
Q1 Results: Cipla’s Profit Rises 10%, Margins Remain Flat
Cipla Ltd.’s profit rose in the April-June period beating street estimates. Net profit rose 10 percent from last year to Rs 451 crore, the company said in an exchange filing today. That’s higher than Rs 384 crore estimated by analysts tracked by Bloomberg. The bottomline was aided by 12.5-percent increase in other income to Rs 170 crore. → Read More
Future Group Partners With New Zealand’s Fonterra For Dairy Business
Future Consumer Ltd. has entered into a joint venture with Fonterra Co-operative Group to produce a range of consumer and foodservice dairy products for the Indian market. → Read More
Q1 Results: M&M’s Profit Meets Estimates
M&M’s net profit rose 67 percent from a year ago to Rs 1,257 crore, the Anand Mahindra-led automaker in an exchange filing today. That compares with the Rs 1,176 crore consensus estimate of analysts tracked by Bloomberg. The bottom line was aided by an exceptional gain of Rs 20.8 crore. → Read More
Here’s Why Nirmal Jain Is Bullish On AMCs
The Indian asset management industry could surpass the trillion dollar milestone in the next 10 years, says Nirmal Jain. → Read More
Q1 Results: Titan’s Profit Rises For The Eighth Straight Quarter
Titan Company Ltd.’s profit surpassed analyst estimates in the April-June period, on the back of healthy growth in core businesses. The company’s profit has been on an upswing since the last eight quarters. → Read More
India’s Services Growth Expands At Fastest Pace In Nearly Two Years In July
Activity in India’s services sector, which contributes nearly 60 percent to the GDP, improved at its fastest pace in nearly two years in July on improved demand and new business orders. → Read More
Q1 Results: Indiabulls Housing Finance’s Profit Meets Estimates
Indiabulls Housing Finance Ltd.’s profit for the quarter ended June rose in line with analyst estimates. Net profit during the quarter rose 30.3 percent year-on-year to Rs 1,048.7 crore, the Mumbai-based housing finance company said in an exchange filing. That compares with Rs 1,009 crore estimated by analysts polled by BloombergQuint. → Read More
India’s Manufacturing Growth Moderates In July
India’s manufacturing activity improved at a slower and modest pace in July on the back of moderate growth in output, new orders and employment. The activity had improved at the fastest pace in the year so far in the month of June. → Read More
Nomura Expects Interest Rate Hike Due To ‘Uncomfortably High’ Core Inflation
Nomura is expecting the Reserve Bank of India to deliver a near 50-basis points hike in the key interest rates at the monetary policy review meet tomorrow. → Read More
Q1 Results: Tata Motors Posts Surprise Loss
Tata Motors reported a loss of Rs 1,902.4 crore in April-June. → Read More
Q1 Results: Axis Bank’s Profit Beats Estimates
Axis Bank Ltd. returned to profit in the April-June period, beating street estimates after incurring a first-ever quarterly loss in the previous quarter. Net profit fell 46.3 percent from last year to Rs 701 crore, said the private lender in an exchange filing today. → Read More
Stalin Says Karunanidhi’s Condition Is Improving
The Dravida Munnetra Kazhagam Chief, M Karunanidhi’s health is improving, with the fever and infection receding, said party’s working chief and son M K Stalin today. “There is a good improvement in his health,” he told reporters. → Read More