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As the year 2010 coming to an end, reports on various industries appeared across the news papers. Here are the links to those reports on the sectors related to our investments.
PHARMACEUTICALS and HEALTH CARE
The pharma story: A decade of transition
The last 10 years were a crucial transition period for the Indian pharmaceutical industry. The next 10 years will be more crucial, predict industry experts. The period between...
Tagged with Automobiles, Cement, FMCG, IT, Mining, Pharma, Power
Here is a quick look on the news of the last week that have a bearing on the stocks that is mentioned in the good buys watch list in my weekly portfolio review. A snapshot with link of some interesting reports is appended at the bottom. Hope it will be useful to you if you follow my wathclist.
News Update
Honda Motor Co plans to sell its stake in India’s top-ranked motorcycle maker, Hero Honda Motors , and instead...
Tagged with BHEL, Geometric, Hero Honda, M&M, Mangalam Cement, Mphasis, NTPC, Opto Circuits, Tech Mahindra
Crompton Greaves: Buyouts, strong cash position offer comfort – Economic Times
http://economictimes.indiatimes.com/news/news-by-company/earnings/earnings-analysis-/Crompton-Greaves-Buyouts-strong-cash-position-offer-comfort/articleshow/5938375.cms
Crompton Greaves posted another impressive quarterly performance for March 2010. Its consolidated profits grew by 40%, despite a modest sales growth…
…...
Tagged with Crompton Greaves, Engineering
The new promotion ‘I save, I win’ announced by National Bonds gives away exciting prizes including Blackberrys, iPhone, iPads, Gold Coins and Gold Bars with a grand draw for 1 Kilo gold in addition to the regular weekly draws for bonds which is cashable immediately . National Bonds is the sharia compliant national savings scheme of the UAE that provides a profit based annual returns besides weekly prize draws!
The...
Tagged with Save
The pharma sector is expected to log a modest performance for the quarter ended March 2010. Mid-sized pharma companies like Cadila Healthcare, Lupin, Piramal Healthcare, Biocon, Glenmark Pharma are likely to outperform sector biggies like Cipla and Ranbaxy. – A report in Economic Times says.
Aggressive product launches in the US, growth registered in the emerging markets and revival in contract manufacturing are...
Tagged with Biocon, Cadila Healthcare, Glenmark Pharma, Pharma
Hero Honda Motors Ltd., India’s biggest motorcycle maker, reported a better-than-estimated 49 percent increase in fourth-quarter net income as sales climbed. Profit totalled 5.99 billion rupees in the three months ended in March from 4 billion rupees a year earlier, the company said in a statement today. The company’s operating profit margin was 17.2 percent in the quarter, according to the statement.
For the...
Tagged with Automobiles, Hero Honda
Times of India
MUMBAI: The world’s fastest growing telecom market is all set to witness big-ticket investments and consolidation post the Bharti Airtel’s purchase of Zain’s African assets. Weaker firms are bound to scramble and seek out stronger partners in a bid to take cover from intense competition for market share. Consolidation would soon be the name of the game.
http://timesofindia.indiatimes.com/articleshow/5720433.cms...
Tagged with Bharti Airtel, Telecom
REpower Systems, in which Suzlon Energy is majority shareholder with 90.71 holding and RWE project company for “Nordsee Ost“ have concluded a contract on the delivery of 48 offshore wind turbines.
via Myiris news – Live News – REpower, RWE Innogy ink 295 MW offshore wind farm pact.
Related link:
Drops Savings and Investments recommends investments in Suzlon Energy with a long...
Tagged with Energy, Suzlon Energy
Jan. 31 (Bloomberg) — Suzlon Energy Ltd., India’s biggest maker of wind-turbine generators, said it expects orders to increase this year as a recovering global economy rekindles investments in alternative energy projects.
Suzlon Energy Expects More Orders on Alternative Energy Demand
Read More →
Tagged with Energy, Suzlon Energy
Jan. 30 (Bloomberg) — Suzlon Energy Ltd., India’s biggest maker of wind-turbine generators, reported an unexpected profit in the third quarter after selling a stake in a unit.
Net income, including that of subsidiaries, was 141 million rupees ($3.05 million) in the three months ended Dec. 31, compared with a 648.7 million-rupee loss in the year-earlier period. The median estimate of nine analysts compiled by...
Tagged with Energy, Suzlon Energy