Eicher Motors Ltd: The company has announced a net profit after tax and minority interest of Rs. 2,218.30 million for the quarter ended June 30, 2015 as compared to Rs. 1,574.40 million for the quarter ended June 30, 2014.The company reported net sales up 29.3% at Rs. 2,871.5 crore vs Rs. 2,221.6 crore (YoY).
IDBI Bank: The bank plans to raise Rs. 26,000 crore through a mix of equity and bonds to fund its business growth.
Cairn India: The company has announced a net profit of Rs. 8,349.80 million for the quarter ended June 30, 2015 as compared to Rs. 10,929 million for the quarter ended June 30, 2014. Total Income has decreased from Rs. 50,001 million for the quarter ended June 30, 2014 to Rs. 31,906.60 million for the quarter ended June 30, 2015.
Idea Cellular Ltd: The company has announced a net profit after tax of Rs. 9,308.30 million for the quarter ended June 30, 2015 as compared to Rs. 7,282 million for the quarter ended June 30, 2014.
Bayer CropScience Ltd: The company reported its net profit at Rs 106.9 crore for the quarter ended June 30, due to rise in expenses. The total Income for the quarter was at Rs.1,398.7 crore.
Unitech: The company have cut their shareholding by 12.93% between April to June 2015. At the end of March 2015, the promoter and promoter group had a total shareholding of 45.54% which is now down to 32.61% at the end of June, according to a filing by the company on the BSE.
South Indian Bank: The bank is looking to increase its foreign holding limit to 59% from the 49 %, for which it seeks government's approval, media reports suggest.
Indiabulls Housing Ltd: The company reported a 20.6% increase in net profit to Rs.511 crore during the quarter ended June 30, 2015, mainly due to demand from smaller towns and non-metro areas. The company's consolidated total Income at Rs 1,829 crore.
Bharti Airtel Ltd: The company said it has no plans to exit Africa despite announcing exclusive talks with France's Orange to sell four of its units there.
Cipla: The pharma company announced that its Board has approved an investment by Fidelity Growth Partners India and US-based Fidelity Biosciences, through FIL Capital Investments (Mauritius) II or its affiliates, in its recently launched consumer healthcare business which is under incorporation.
SKF India Ltd: The company has posted a net profit of Rs. 465.50 million for the quarter ended June 30, 2015 as compared to Rs. 541.40 million for the quarter ended June 30, 2014. Total Income has increased from Rs. 6,210.60 million for the quarter ended June 30, 2014 to Rs. 6,305.50 million for the quarter ended June 30, 2015.
HCC Ltd: The leading infrastructure construction company, in joint venture with Coastal Projects Ltd, has been awarded a Rs. 785 crore contract by Northeast Frontier Railway.
Piramal Realty: The real estate development arm of Piramal Group, announced that an affiliate of Warburg Pincus will invest Rs. 1800 crore (US$284 million) for a minority stake in the company.
Neyveli Lignite Corporation: The company has been in news for the indefinite strikes, in which nearly 12,000 employees have participated. A wage hike is the core agenda of the protest.
Force Motors: The company inaugurate its new engine manufacturing and testing facility near Chennai. The facility will build and test engines and transmission for BMW cars and SUVs made in India.
Bosch: The company plans to invest Rs.4 billion in its Chennai facility, which currently manufactures washing machines.
ABB India: The company has been awarded a Rs 1.25 bn order by PowerGrid Corporation of India for the extension of three sub-stations in Vadodara, Manesar, and Malerkotla.
Tata Power: Crash in coal prices and debt restructuring plan pending with lenders, has delayed the company's plans to sell its 30% stake in Arutmin mine in Indonesia for close to US$500mn to Bakrie group of Indonesia.
Indian Hotels Company: The company will open 14 new properties in India and abroad this year. This will be twice the inventory company is set to open compared to last year.
Vedanta Ltd: The company has scaled down operations and may make "huge" job cuts due to low world prices and rising imports.
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