Newsmakers: HUL profit misses estimates, Sept WPI inflation and more

Coffee Day Enterprises IPO subscribed 13% on Day 1
The Rs 1,150-crore initial public offering (IPO) of Coffee Day Enterprises, which runs Cafe Coffee Day (CCD) chain, was subscribed 13 per cent on the first day of issue on October 14, 2015. The IPO of Coffee Day Enterprises received bids for 34,24,275 shares against the total issue size of 2,58,14,198 shares on offer, receiving 13 per cent subscription, data available with the NSE till 1700 hours showed.

Hindustan Unilever Q2 net profit misses estimates
Hindustan Unilever, India's largest consumer goods company, has reported a 2.6 per cent fall in second-quarter profit, missing analysts' expectations, as it cut prices. The Indian unit of the Anglo-Dutch consumer group Unilever Plc posted a net profit of Rs 9.62 billion ($147.9 million), down from Rs 9.88 billion a year earlier. Net sales rose 5 per cent to Rs 78.20 billion.

WPI inflation marginally up at (-) 4.54% in Sept
The wholesale price index (WPI) inflation edged up marginally to (-)4.54 per cent in September as compared to (-) 4.95 per cent in August, government data showed, with pulses, vegetables and onion turning costlier even as the overall deflationary trend persisted for 11th month in a row. The WPI inflation has been in the negative zone since November on the back of falling oil prices . In September last year, inflation was 2.38 per cent.

India most ideal place for investment: Survey
India has been ranked as the most attractive investment destination in the world for the next three years, according to a survey by Global consultancy firm EY. Thirty-two per cent of the business leaders from global corporations polled for the survey said India is the most attractive investment destination in the world, followed by China, Southeast Asia and Brazil.

Vodafone preparing for IPO in India: Group CEO
Vodafone said it has started preparatory work for initial public offer (IPO) of its Indian business, biggest by customer numbers. "I cannot give you a date but I can tell you (that) we are positively inclined to an IPO and have started some preparatory work," Vodafone Group CEO Vittorio Colao told reporters.