Infy on track, trade deficit narrows, but IIP plunges!

THE ECONOMIC TIMES Fri, Jul 12, 2013 | 05:58 PM IST Daily Newsletter

Infosys’ Q1 performance reveals signs of growth Infosys Q1 financial performance displayed several signs of hope for stakeholders watching for the return of sustaina... Gold ban effect? Trade deficit narrows from 7-month high in June Govt measures appear to have worked as the growth in gold & silver imports slowed to 22.8% at $2.45 billion last mont... May IIP contracts by -1.6%, June CPI inches up to 9.87% The manufacturing sector output of the economy has witnessed a contraction of (-)2.0% versus a growth of 2.8% in Apri... ET View: Infosys marches on, analysts yet to catch up In our view, most analysts have failed to read Infosys correctly, causing needless panic. With Murthy back, morale is...

FEATURED STORIES Professional CEOs rise in India Inc's power rankings; Mukesh Ambani tops the list Even though many of India's largest businesses continue to remain promoter-led, a bunch of professional honchos is em... read more Microsoft overhauls, the Apple way »  Colgate gets aggressive to edge out P&G’s Oral B »

Popular Stories High-end realty deal: A shanty in Dharavi fetching a price of over Rs 1 crore Flipkart raises $200 million in single-largest round of funding in Indian e-commerce space Most Powerful CEOs 2013: What the 2030 list may look like AirAsia looks beyond Expedia, ties up with Makemytrip, Yatra

While we have done reasonably well in Q1, we remain cautiously optimistic. We are extremely energetic....SD Shibulal ,CEO,Infosys

Latest Updates Re snaps nine-week losing streak; RBI to the rescue The Indian rupee rebounded in late trade boosted by dollar selling by state-run banks, likely on behalf of RBI, which... Book profits in Infosys near Rs 3,000, say analysts Infosys is likely to remain range-bound after the spectacular rally and may even go down in the near term, say techni... RBI deputy guv to meet bank CEOs on bad loans on July 16 RBI will hold a consultative meeting with bankers to consider measures that can be taken to prevent a standard accoun... K'taka to request Centre to restart STPI scheme:CM The Karnataka govt would request the Centre to restart the software technology parks of India scheme to promote compe...

Market Watch 12 Jul | 05:58PM SENSEX 19958.47↑282.41 NIFTY 6009.00↑73.90 USD/INR 59.88↑0.06 GOLD (Rs/10g.) 26513.00↓-164.00

MARKET NEWS Sensex at 6 week high, Nifty crosses 6,000 on Infosys Brokers said the trading sentiment bolstered as Infosys began the earning season by reporting 4% jump in consolidated... 5 capital goods stocks you can place bets on Not only are these cos currently trading at a discount to their peak P/E, these stocks are now undervalued, especiall...

Gainers Losers 12 Jul, 2013, 05:58PM IST, PTI|View All Company Name Live Price Change (%) Volume High Low Rishabhdev Technocable Ltd. 1.68 20.00 6401 1.68 1.25 Cals Refineries Ltd. 0.12 20.00 15277891 0.12 0.10 Rajshree Sugars & Chemicals Ltd. 44.40 20.00 5 44.40 44.40

FEATURED SLIDESHOW India Inc's Most Powerful CEOs 2013 Nokia Lumia 1020 with 41 megapixel camera launched Fire on the mountain: Raging blaze near Las Vegas X-47B drone: US Navy's first unmanned carrier landing more slideshows

FROM THE NEWSPAPER LIC could shell out record Rs 90,000 cr benefits to policyholders this fiscal LIC’s payouts will nearly equal the total premium income of the entire private sector for the last fiscal, showing it... What cos are doing to keep Gen Y happy: Net access to hierarchy-defying salary From internet access to hierarchy-defying salary, teams across industries work full-time to understand Gen Y needs.... Two weeks after launch, Ford recalls 972 units of diesel variant of EcoSport Ford has cited concern regarding the current positioning of a Glow Plug module, which is used for regulating the func... Don't celebrate! Good monsoon this year is bad news for India It has merely delayed an agricultural crisis, which our complacent policymakers perhaps need to jolt them into action... Jewellers running schemes to bring back 20,000 tonnes of gold lying idle in households Starved of steady gold supplies due to a slew of government restrictions, jewellers have decided to incentivise custo...

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