at the very Core of it all … is Content!
Bangalore, August 05, 2016: EID Parry (India) Limited, one of the largest manufacturers of Sugar in India, has reported financial results for the quarter ended 30th June 2016. Standalone performance for the quarter ended 30th June 2016: The Standalone turnover for the quarter ended 30th June 2016 was Rs. 581 Crore in comparison to the …
Bangalore, 4 August 2016: The Board of Directors of Tube Investments of India Limited (TII) met today and approved the financial results for the quarter ended 30th June, 2016. Standalone Results TII’s Revenue for the quarter was higher by 6% at `1146 Cr. as against `1076 Cr. for the corresponding quarter in the previous …
Profit after tax up by 27% at Rs.74 crores Ahmedabad, August 04, 2016: Arvind Limited, one of the largest integrated textile and branded apparel players has recorded growth in the consolidate revenue by 18% at Rs. 2104 crores for the quarter ended 30th June 2016, as against Rs.1787 crores in the corresponding quarter of the …
Herzogenaurach, August 4, 2016 Major developments in Q2 2016 Group sales increase 21% on a currency-neutral basis, driven by ongoing strong momentum at adidas (+25%) and Reebok (+7%) Top-line growth accelerates in Western Europe (+29%) and North America (+26%); Greater China (+30%) is fastest-growing region Gross margin grows 0.5pp to 48.8% Operating margin climbs 3.4pp …
Rio Tinto chief executive J-S Jacques said: “Rio Tinto has generated net cash from operating activities of $3.2 billion and reported underlying earnings of $1.6 billion, against a backdrop of continued volatility and lower commodity prices. “We focus on delivering value to shareholders. This focus is unrelenting, with further cost reductions achieved in the half …
Luxembourg, 2 August 2016 – ArcelorMittal has today published its half-year report for the six-month period ended 30 June, 2016. The report published today is available on http://corporate.arcelormittal.com/ under Investors > Financial reports > Half-year reports, and on the electronic database of the Luxembourg Stock Exchange (www.bourse.lu/). About ArcelorMittal ArcelorMittal is the world’s leading steel …
Beijing – July 29, 2016 – Smartphone usage by Chinese consumers continues to grow in 2016, according to the latest research from Nielsen Device Share (NDS). The Nielsen Device Share (NDS), in collaboration with TalkingData, can track total market, newly-activated market, brand and model share. Demand for mid-range and high-end smartphones has surged recently, …
29 July 2016 – ArcelorMittal Europe has reported its second quarter 2016 results, with a €340m operating profit for the three months to 30 June 2016 – significantly higher than the €77m operating profit reported in the first quarter of 2016. Year-on-year, Q2 operating profit in 2016 was slightly lower compared to €352m in Q2 …
Luxembourg, July 29, 2016 – ArcelorMittal (referred to as “ArcelorMittal” or the “Company”) (MT (New York, Amsterdam, Paris, Luxembourg), MTS (Madrid)), the world’s leading integrated steel and mining company, today announced results[1] for the three and six month periods ended June 30, 2016. Highlights: Health and safety: LTIF rate of 0.79x in 2Q 2016 as …
Mumbai, July 28, 2016: IDBI Bank reduces its Base Rate from 9.75% p.a. to 9.65% p.a. The Benchmark Prime Lending Rate (BPLR) is also reduced from 14.25% p.a. to 14.15% p.a. The revision in the rates shall be effective from August 01, 2016. The Bank has recently reduced its Marginal Cost of Funds based Lending …