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Friday, August 7, 2015

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Bharti Airtel commercially launches 4G in 296 towns
Bharti Airtel has commercially launched 4G services in 296 towns across India it has also formed alliances with Flipkart and Samsung to support its 4G services – Positve.

BHEL commissions 500 MW Thermal Unit at Vindhyachal STPS
Bharat Heavy Electricals Ltd (BHEL) has added one more coal-based power plant to the grid by successfully commissioning the 500 MW Unit-l3 of Vindhyachal Super
Thermal Power Station ( STPS), Stage-V of NTPC. The project is located irt  Vindhyanagar in Singrauli district of Madhya Pradesh.
                                                                                   
Maruti Suzuki aims to sell up to 5,000 units of S-Cross monthly
The Maruti Suzuki management has stated that they look to sell 4,000 – 5,000 units of the S-Cross on a monthly basis. View: The sales target as mentioned by the company looks ambitious. While the S-Cross is expected to do well n the initial months,  we expect the vehicle to settle at a lower run-rate after the demand settles down.

Coal India will invest Rs13,900 crore for production
Coal India will invest Rs 13,900 crore to take its production to 908 million tonnes (MT) by 2020 – Positive for Coal India.

BHEL Q1 shocks; profit tanks 83%, EBITDA loss Rs 209 cr
Bharat Heavy Electricals (BHEL) disappointed street on Friday with first quarter profit falling 82.5 percent to Rs 33.9 crore compared to Rs 193.5 crore in the year-ago period, impacted by lower revenue and loss at operating level. The stock price lost more than 10 percent intraday.

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