DFPCL targets Rs 1,000 cr revenue from farm business in 5 yrs

Last Updated: Sunday, June 14, 2015, 15:02

The company's ABFS division had posted a turnover of Rs 70 crore and Desai Foods Rs 40 crore turnover in the recently concluded financial year.

Compact Lamps targets Rs 1,000 cr sales in 3 yrs

Last Updated: Friday, June 12, 2015, 15:49

"After being a original equipment manufacturer (OEM) for leading lighting companies in India, we decided to launch our own brand Orkus. We are targeting a turnover of Rs 1,000 crore in three years for the company and expect Orkus to contribute 30 percent of sales," Compact Lamps Managing Director Kapil Gupta told PTI.

Morgan Stanley remains bullish; retains Sensex target at 32,500

Last Updated: Tuesday, June 9, 2015, 20:04

Reiterating the Sensex target of 32,500 by December, Morgan Stanley India Managing Director Ridham Desai said, "Growth is improving and inflation is going down which are good for equities.

Sony targets 20% growth in image sensor sales, aims for wide client base

Last Updated: Tuesday, June 9, 2015, 15:56

Sony has turned a corner this year with a restructuring that has involved shedding 15,000 jobs.

Oil prices rise after OPEC keeps low output target

Last Updated: Friday, June 5, 2015, 18:00

Oil prices rose on Friday, breaking a two-day losing streak, after OPEC ministers maintained their existing oil production target for another six months at a level below current output.

'Disinvestment target of Rs 69,500 crore looks daunting'

Last Updated: Wednesday, June 3, 2015, 16:01

Downturn in the stock markets on fears of a deficient monsoon and the impending hike in interest rates in the US will make it difficult for the government to meet its ambitious disinvestment target of Rs 69,500 crore for the current fiscal.

Govt contains fiscal deficit to 3.99% of GDP in FY15

Last Updated: Sunday, May 31, 2015, 11:21

According to national accounts data released by Central Statistics Office (CSO), the Gross Domestic Product at current prices is estimated at Rs 125.41 lakh crore in the last financial year ended March 31, 2015.

Citigroup trims Sensex target; says investor faith turning fickle

Last Updated: Thursday, May 21, 2015, 14:49

The 30-share BSE index has gained just 338 points so far this year and is hovering around 27,800 points.

Lenovo`s annual revenue up 20% but profits miss target

Last Updated: Thursday, May 21, 2015, 12:13

China`s Lenovo said Thursday revenue rose 20 percent in its past fiscal year, helped by its purchase of Motorola last year as the PC maker diversifies into the smartphone market, but net profit growth slowed to just one percent.

Bajaj to expand Chakan plant in Maharashtra, aims 23% market share

Last Updated: Monday, May 11, 2015, 19:14

The company wants to increase total market share in the two-wheeler segment to 23%.

No plan to divest stake in BSNL, Air India: Govt

Last Updated: Friday, April 24, 2015, 18:57

Government on Friday said it has no plan to divest its stake in ailing state-run telecom firm BSNL and national carrier Air India, which have been incurring huge losses.