Economic worries linger, TCS beats estimates & other top news

THE ECONOMIC TIMES Thu, Jul 18, 2013 | 06:10 PM IST Daily Newsletter

Moody's sees Re slide as a threat to India's credit ratings Rupee depreciation will exacerbate inflationary and fiscal pressures, with both factors potentially constraining the ... TCS Q1 PAT at Rs 3,831 crore, up 15.5% Y-o-Y The operating income (IFRS) for Q1 came in at Rs 48,627 crore up 18.9% Y-o-Y and 11.6% Q-o-Q. The revenue was reporte... Economy to recover slowly as RBI defends rupee: Poll India has lost its sheen of late due to the slow pace of reforms, high inflation and a record wide current account de... 100% FDI in telecom to benefit Bharti, Idea, RComm in medium term: Fitch Vodafone, Telenor, Maxis and Sistema may be among the first to take advantage of the change, as they are already at t...

FEATURED STORIES Academic brawl: Bhagwati-Panagariya pitch for Modi while Sen backs Nitish Bhagwati has often invited Sen for an open debate on whether it is growth or investment in human capabilities that wi... read more Startups watch out, here comes 007 to bond with the best »  American economic recovery is still a big myth »

Popular Stories Breakdown Nation: Wisdom of PM, FM, Montek fail to save India's fall from grace Narendra Modi’s projection as PM candidate is inevitable: Arvind Panagariya, Professor, Columbia University Cyrus Mistry ropes in marketing guru Nirmalya Kumar to steer Tata group's strategy Will Ford be able to drive profits in India?

Stable exchange rate, low inflation and stable currency are impossible trinity. You have to sacrifice one of these.... Pratip Chaudhuri ,Chairman,SBI

Latest Updates Axis Bank shares jump 4% on smart Q1 results Shares of Axis Bank today rose 4 per cent after it reported 22 per cent jump in net profit for the first quarter ende... CLSA upgrades ONGC to outperform; sees 20% upside CLSA upgraded ONGC to 'buy' from 'outperform', citing prospect of a 20 per cent upside to its share prices on positiv... Inter-ministerial panel to take up UAE investors' issues tomorrow An inter-ministerial working group will review tomorrow actions being taken for addressing the issues faced by UAE in... 'India needs vibrant ecosystem to attract investments' The comments come against the backdrop of sluggish economic growth and companies scrapping proposed multi-billion dol...

Market Watch 18 Jul | 06:10PM SENSEX 20128.41 â†' 179.68 NIFTY 6038.05 â†' 64.75 USD/INR 59.51 â†' 0.19 GOLD (Rs/10g.) 26480.00 â†' 133.00

MARKET NEWS Why investors can still cherry pick stocks in Indian market The market, though a little expensive, offers good value opportunities in stocks which are still reasonably priced, a... What to expect from Reliance Industries Q1 results on Friday? RIL is expected to report a net profit of Rs 5,289 crore, up 18 per cent YoY, compared to Rs 4473 crore reported in t...

Gainers Losers 18 Jul, 2013, 06:10PM IST, PTI|View All Company Name Live Price Change (%) Volume High Low Sunitee Chemicals Ltd. 0.06 20.00 1000 0.06 0.06 Metkore Alloys & Industries Ltd. 10.12 19.91 89079 10.12 8.30 Suraj Ltd. 50.00 19.76 10580 50.00 41.20

FEATURED SLIDESHOW Ten enterprise ideas that yielded over Rs 100 crore turnover Rewari locomotive: The only steam loco shed that remains in India New surgical knife can instantly detect cancer tissues How can you make your business tour abroad a fun trip too more slideshows

FROM THE NEWSPAPER Modi’s projection as PM candidate is inevitable: Arvind Panagariya Having tasted the fruits of growth, people’s aspirations have now been aroused and come elections they will simply th... Marketing guru Nirmalya Kumar to steer Tata group's strategy Nirmalya Kumar, London Business School professor and top-notch marketing strategist, is joining the Tata Group from A... Marketing blitz, discounts fail to sustain Apple iPhone sales in India Apple has been facing increasing criticism about the absence of new device launches that could help the company conti... LPG: UPA chooses Modi's hometown for next phase of subsidy transfer The move is seen as a clever response to BJP that had rubbished the direct benefits transfer plan as a gimmick to buy... TCS likely to post strong growth: Beyond nos, investors eye immigration impact Analysts expect sales to grow between 3% and 4% for the Mumbai-based company that has been one of the best performers...

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