Mumbai, Jan 25 (IANS) The State Bank of India (SBI) Monday reported an 8.4 percent decline in its consolidated net profit for the quarter ending Dec 31 at Rs.3,304.5 crore, compared to Rs.3,607.6 crore in the previous corresponding period.
Bangalore, Jan 20 (IANS) Wipro Ltd. posted a net profit of Rs.1,217 crore (Rs.12.17 billion/$265 million) for the third quarter (Oct-Dec) of this fiscal (2009-10), registering 21 percent year-on-year (YoY) growth, as per the Indian accounting standard....
Mumbai, Oct 29 (IANS) The net profit of oil-to-petrochemicals major Reliance Industries (RIL) dropped 6.41 percent to Rs.3,852 crore (approximately $815 million) for the quarter ended Sep 30, compared to the Rs.4,116 crore it netted in the corresponding period last fiscal....
New Delhi, Oct. 28 (INP): Indraprastha Gas Limited (IGL) the sole supplier of Compressed Natural Gas (CNG) and Piped Natural Gas (PNG) in the National Capital Territory of Delhi, Noida, Greater Noida & Ghaziabad registered an overall growth of 13 % in PAT in its second quarter....
New Delhi, Oct. 28 (INP): Tata Motors reported revenues (net of excise) of Rs.7978.82 crores on a stand-alone basis for the quarter ended September 30, 2009, of the financial year 2009-10, compared to Rs.7078.85 crores in the corresponding quarter last year, a growth of 12.7%....
New Delhi, Sep 27 (IANS) Mobile operator Bharti Airtel Sunday announced two schemes enabling cheaper calls from the US to India as part of a festive season offer....
New Delhi, Sep 20 (IANS) Companies in the telecom and auto sectors have witnessed robust growth in turnover despite not increasing their advertisement budgets, according to the Associated Chambers of Commerce and Industry (Assocam), an industry lobby....
Kolkata, Sep 15 (IANS) The centre will finalise a comprehensive roadmap for Indian corporates by November to adopt the International Financial Reporting Standards (IFRS) set to be operational from 2011, Corporate Affairs Minister Salman Khurshid said Tuesday....
By Sushma Ramachandran
Is India a good place to do business? The answer seems to be it is excellent in some areas and difficult in others. No wonder the Indian economy has risen in one global index of competitiveness and gone down in another on business climate....
New Delhi, Sep 11 (IANS) With private companies barred from the country's atomic energy generation industry, the state-run Nuclear Power Corp is signing pacts with two other government firms to fund its new projects, a top company official said Friday....
New Delhi, Sep 6 (IANS) India Inc.'s confidence is up, though high interest rates and rising costs of raw materials and manpower have marred its capacity to do better, a survey released here Sunday said....
Mumbai, Aug 31 (IANS) Infrastructure company Maytas Infra posted a net loss of Rs.489.79 crore last fiscal compared to a profit of Rs.99.64 crore in the previous period, it said in a regulatory statement Monday.
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New Delhi, Aug 25 (IANS) State-run power utility NTPC and the oil ministry will file separate petitions in the Supreme Court on the ongoing legal battle over natural gas at $2.34 per unit from the Krishna-Godavari basin awarded to Mukesh Ambani's Reliance Industries....
New Delhi, July 23 (IANS) Automobile major Maruti Suzuki Thursday reported a 25.3 percent increase in net profits to Rs.583.5 crore for the quarter ended June 30 compared to Rs.465.9 crore it earned in the corresponding period the previous fiscal.
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New Delhi, July 3 (IANS) Employees of national carrier Air India went on a two-hour strike at airports across the country from 1 p.m. in protest against the delay in salary payments despite a warning from the management that this would entail a pay cut. ...
By Fakir Hassen
Johannesburg, July 2 (IANS) The acquisition of the small but well-placed South African software company Cura by Softpro of Hyderabad has presented an opportunity to the Indian firm to become the multinational company that it aspires to be, Softpro chairman Bala Reddy said here.
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By Azera Rahman
New Delhi, July 2 (IANS) Instead of clearing slums, India should use them for its poverty reduction strategy, says Jeb Brugmann, an urban planning expert from Canada, who also points out that high rises and shopping malls do not cater to the masses....
Mumbai, July 1 (IANS) India's Engineering and construction major Punj Lloyd bagged a Rs.1,263 crore ($378 million) contract to build two key metro stations in Singapore, the company said Wednesday....
New Delhi, July 1 (IANS) Investment in information technology (IT) by airlines the worldover this year is likely to be the lowest since 2002, says SITA, an air transport communication provider.
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New Delhi, July 1 (IANS) The Indian arm of Japanese two-wheeler maker Yamaha Wednesday said its sales jumped 84.3 percent in June to 17,878 units as against 9,699 bikes sold in the like period last year....
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