Monday, November 5, 2012

Q2 Nos Better, but No Signs of Recovery Ye



    India Inc’s results for the September quarter so far have been refreshingly better than in the past couple of quarters, a fact reflected in the stock market with benchmark indices gaining 9% in the past two months, but experts caution a real turnaround is yet to come, reportsRamkrishna Kashelkar from Mumbai. Interest cost, which was growing at 25-50% yearon-year for the past six quarters, rose just 7% in the September quarter.

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