Key Highlights: Repo rate and Reverse Repo rate under the LAF window have been left unchanged at 4.75% and 3.25%, respectively. Cash Reserve Ratio (CRR) left unchanged at 5.0% of net demand and time... [[ This is a content summary only. Visit my...

Zee Entertainment FY2009 annual report analysispositives and negatives. Positives. ZEELs FY2009 debtors day have reduced considerably to 106 days from about 116 days in FY2008/2HFY09 was an... [[ This is a content summary only. Visit my website for...

ASARCO sale entering the last lap: The ASARCO bidding process is entering the final round of hearning which is scheduled for on August 10, 2009. As per the latest filings by ASARCO, creditors have to... [[ This is a content summary only. Visit my...

TCS Results update. TCS 1QFY10 performance exceeded consensus expectations on all counts. Revenues at US$1480 mn grew 3.3% qoq and were 3.6% higher than we expected. Volumes grew 3.5% qoq while... [[ This is a content summary only. Visit my website...

Novelis reports steady earnings. Novelis reported EBITDA of US$252 mn and an adjusted EBITDA of US$54 mn despite a sharp 20% yoy drop in volumes. The drop in qoq EBITDA is just from US$100 mn to... [[ This is a content summary only. Visit my...