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Analysts' corner
PIDILITE INDUSTRIES Reco price/date: Rs 170/May 28 Current/target price: Rs 164/ Rs 186 Pidilite Industries Ltd reported better-than-expected results for the March quarter. Adjusted net profit grew 42 per cent to Rs 75 crore on sales of Rs 690 crore. According to the company, a 4.4 times increase in other income and 270 basis points decline in tax rate boosted net profit growth. Continued robust growth

ONGC Q4 net doubles as Re helps offset subsidy

Riding on better realisation and a favourable exchange rate, the country’s biggest exploration firm, Oil and Natural Gas Corp (ONGC), on Tuesday reported a 102 per cent rise in net profit for

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Four IIMs among eight in Business Standard's top B-school bracket

India’s management education fraternity has delivered its judgment on the country's top business schools. Among the top B-schools in India (mentioned alphabetically here) are the Indian

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Cement firms take centre stage in CBI investigation

Cement companies took the centre stage in the ongoing CBI investigation into the alleged quid pro quo deals involving Kadapa MP YS Jagan Mohan Reddy with the investigative agency specifically

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RIL buys back shares worth Rs 500 cr in 10 sessions
Mukesh Ambani's Reliance Industries Ltd (RIL) has bought back shares worth a little over Rs 500 crore in just 10 trading sessions. Between May 11 and 24, the country's second-highest valued company

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US troops parachuted into North Korea : official
A senior US official has revealed that the US and South Korean special forces have been parachuting into North Korea to collect intelligence on underground military installations.

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