CHENNAI,
May 8, 2013
Shriram Transport Finance Company (STFC) has reported a rise of 11 per cent in its net interest income (on a standalone basis) for the fourth quarter ended March 31, 2013, against Rs. 805.59 crore...
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New Delhi,
May 5, 2013
Salary burden of state-run telecom firm BSNL in 2011-12 increased to Rs 13,406 crore, almost half its revenues, with as much as Rs 5,000 crore being spent on one lakh employees who were in excess...
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New Delhi,
April 30, 2013
Homegrown FMCG major Godrej Consumer Products Ltd (GCPL) on Tuesday reported a whopping 73.45 per cent increase in net profit at Rs 334.14 crore for the fourth quarter ended March 31, 2013, on the...
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New Delhi,
April 29, 2013
Hindustan Unilever Ltd. (HUL), the fast moving consumer goods (FMCG) giant, on Monday, reported a 15 per cent rise in net profit for the fourth quarter of 2012-13 at Rs. 787 crore. <...
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BANGALORE,
April 26, 2013
Biotechnology drugs company Biocon announced a 50 per cent jump in its net profit at Rs. 509 crore for 2012-13, largely due to an exceptional income of Rs. 202 crore from the U.S. major Mylan for i...
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Mumbai,
April 26, 2013
ICICI Bank reported a 29 per cent growth in net profit at Rs.8,325 crore for the year ended March 31, 2013, against Rs.6,465 crore in the previous year due to rise in income and improvement in mar...
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MUMBAI,
March 29, 2013
Having successfully connected Visakhapatnam to Singapore through its 100 per cent subsidiary, SilkAir, Singapore International Airlines (SIA) is now looking for similar untapped locations to expan...
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CHENNAI,
March 28, 2013
Jaya Shree Textiles, a unit of Aditya Birla Nuvo Ltd., is contemplating another expansion of capacity at its linen factory in West Bengal. This move comes even as a project to enhance the p...
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Bhubaneswar,
March 26, 2013
National Aluminium Company Ltd (NALCO) has signed an agreement with the Union Ministry of Mines regarding physical and financial targets for 2013-14 financial year.
As per the Memorandum...
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New Delhi,
March 22, 2013
But there are other devices, says HRD Minister Pallam Raju
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MUMBAI,
May 6, 2013
Adani Power reported substantially higher net loss of Rs.2,295 crore on a consolidated basis for the year ended March 31, 2013, as compared to net loss of Rs.294 crore during the previous year due...
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New Delhi,
April 30, 2013
Fruit drink concentrate maker Rasna on Tuesday entered the ready-to-drink beverage segment in the country with launching four variants of juices and said it expects Rs 500 crore revenues from the...
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New Delhi,
April 29, 2013
IT services firm Hexaware on Monday reported 10 per cent fall in its consolidated net profit at Rs 79.27 crore for the quarter ended March 31, 2013.
The Mumbai-based firm had posted net p...
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New Delhi,
April 29, 2013
Battery maker Exide Industries on Monday said it will invest Rs 250 crore in 2013-14, to expand its production capacity even as it reported 2.76 per cent rise in net profit for the quarter ended M...
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MUMBAI,
April 26, 2013
ICICI Bank, on Friday, conceded that some “transactional errors” had been discovered in the audit done following a sting operation by a news portal but insisted that there was no money laundering.
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New Delhi,
April 8, 2013
JSW Steel on Monday said it has clocked 15 per cent growth in annual crude steel production at 8.51 million tonnes (MT) in 2012-13.
The company had produced 7.4 MT of steel during the pre...
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KOLKATA,
March 28, 2013
The festival of Holi along with an extended weekend due to Good Friday is likely to result in an output loss of one million kg for Coal India Ltd. (CIL).
With the transport contractors al...
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JAMSHEDPUR,
March 27, 2013
Tata Motors will undertake a 11-day shutdown to carry out maintenance of equipment at its Jamshedpur plant from March 27, a senior company official said on Tuesday.
Tata Motors will under...
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CHENNAI,
March 25, 2013
Michelin’s upcoming plant near Chennai, with which the French tyre maker hopes to push radialisation in India, will be on stream by mid-2013.“Around mid-year is [when] we would have started...
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ANGUL (ODISHA),
March 16, 2013
The Rs.31,000-crore project will use coal gas to produce iron
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