Auto, BFSI dominated Q4 earnings circuit

Operating margins put the pedal to the metal on corporate earnings, fuelled by sector-wide Ebitda margin gains, driving net profits to victory in five straight quarters. Krishna Kant and Ram Prasad......

Flipkart eyes profitability ahead of IPO

Flipkart, the e-commerce company owned by Walmart, is intensifying its efforts to achieve profitability as it is eyeing a valuation of approximately $60 billion at the time of its initial public......

RIL to invest additional Rs 20,000 cr in Bengal in 3 years: Mukesh Ambani

Reliance Industries chairman and MD Mukesh Ambani on Tuesday announced an additional Rs 20,000-crore investment for West Bengal over the next three years. Photograph: PTI Photo from the Rediff......

Consumer firms see double-digit growth on festive shopping

Consumer durables firms and fashion retailers expect double-digit growth in value terms in the ongoing festival season as consumers have stepped up purchases during this period. Photograph: PTI......