Telenor's profit soars 7-fold

Telenor's profit soars 7-foldTelecom entity Telenor Group has reported that it has managed to register a seven fold profit rise in the second quarter ended June 30.

The company has also informed that its business in Asia has been significant and it has a major contribution to the rise in the net profit.

The company has posted a net profit of $9.49 billion for the quarter that ended in 30th June, 2010. Last year's net profit was $1.37 billion for the same quarter.

Monsanto Q1 net profit up by 12.5%

Monsanto Q1 net profit up by 12.5%Leading agrochemicals firm Monsanto India has declared its first quarter financial results for the fiscal year 2010-11.

The company has announced that it has registered a net profit of Rs 58.66 crore for the quarter that ended in 30th June, 2010.

This net profit figure has grown up by 12.59 % in this quarter as compared to the same quarter in the previous fiscal. This has been informed by Monsanto India in a filing at the Bombay Stock Exchange.

Maruti fighting for market share

MarutiThe market leader in the Indian passenger car market is currently facing a very tight situation where its market share has fallen below 50% for the first time in the history of the company in the domestic circuit.

In fact, the company closed at 47% for the month of June and as the competition in the Indian small car segment has taken consumers mind space, Maruti is currently struggling to keep its market share at a 50%+ market share level.

Toyota aims to triple sales by 2011

ToyotaConsidering the fact that Indian small car market is surely one of the vital place to be for any auto major present in the country today, the fact that Toyota aims to triple its sales in the Indian market banking alone on the small car segment is surely not a big surprise.

While the total sales of the stood at 55,000+ for last year, the company is now aiming to sell close to 70,000 units for the current year and will be running hard to touch 1,50,000 by the end of 2011.

Out of the total target set by the company for 2011, it expects Etios sales to be close to 65,000-70,000.

Toyota's expanding India focus

Toyota-MotorThere is no denying to the fact that Toyota has taken its own time in realizing the true potential of the Indian automotive market but now that it has, the company is ensuring that it is able to grab a substantial chunk of the domestic circuit.

It is to be mentioned here that the company is aiming to sell close to 70,000 units in this year, which is way up as compared to the 55,000+ units the company sold in the last year.

In fact, after it launches its much-awaited Etios model in the Indian market, the company expects to produce close to 70,000 units of the product.

Commodity Outlook for Natural Gas by KediaCommodity

Natural GasNatural gas ended higher amid forecasts for hot weather, as a potential storm-thr

Pages

News in Focus

How Mobile Apps Are Changing the Way People Access Digital Services

Not long ago, accessing digital services meant sitting down at a computer, opening a browser, and navigating through multiple pages. Today, that routine feels outdated.

Tata Steel Share Price Target at Rs 223: IDBI Capital

IDBI Capital has reiterated its HOLD rating on Tata Steel following a better-than-expected Q3FY26 performance, anchored by robust volume growth in India even as realizations softened.

Uno Minda Share Price Could Reach Rs 1,500: ICICI Securities

ICICI Securities has reiterated a BUY call on Uno Minda following a robust Q3FY26 performance that underscored the company’s ability to outpace industry growth amid structural tailwinds.

Mazagon Dock Shipbuilders Share Price Target at Rs 3,060: ICICI Securities

Mazagon Dock Shipbuilders continues to demonstrate resilient execution across its naval programs, even as its order book gradually normalizes after several years of elevated backlog.

Hero MotoCorp Share Price Target at Rs 6,400: Axis Securities

Hero MotoCorp’s Q3FY26 performance reinforces the durability of its core business at a time when the company is simultaneously investing heavily in electric mobility and global scale-up.

Jubilant Pharmova Share Price Target at Rs 1,310: ICICI Direct

Jubilant Pharmova’s December quarter results reinforce a steady growth narrative even as near-term margin pressures temper earnings momentum.