Due to project delays pressurizing BHELs operating margins, Macquarie Capital Securities cuts earnings estimate for the capital goods major by 10% and says the decline could continue for two consecutive years.
Tags : #BHEL
11:19 25 May 2012 from FirstPost
HSBC sees "no big deals" as pay row fizzles
London: HSBC said it had no appetite to take advantage of turmoil in the euro zone and make big acquisitions there or anywhere else where rivals are selling major assets."We're good at running our own businesses, we're not so good at making...
09:25 25 May 2012 from Moneycontrol
FIIs cut India growth forecast on slew of negatives
The government is making all the right noises when it comes to the economy, CNBC-TV18's Sajeet Manghat reports that some of the biggest institutional investors are still not convinced. Some of them are warning that growth rate may not be as good as...
08:49 25 May 2012 from IANS
Britain sees 15 percent rise in suicides
London, May 25 (IANS) Cases of suicide have risen by 15 percent since Britain plunged into recession, official figures reveal.Coroners courts concluded that 3,471 people had taken their own lives last year, a rise of 15 percent compared to 2007,...
