Business »
Meiyappan not head of Chennai Super Kings: India Cements
Chennai : Cement major India Cements Ltd. on Friday said that Gurunath Meiyappan, who has been summoned by Mumbai police for his alleged role in the spot fixing scam, is not the owner/CEO/team principal of
Read More »
Sensex closes flat; capital goods stocks gain
Mumbai : A benchmark index of Indian equities markets on Friday closed flat, a day after the benchmark index shed nearly two percent on the report that the US may reverse its monetary stimulus programme
Read More »
Yamaha launches scooter for youths
Panaji: In a bid to shore up its market share in the two-wheeler segment, Japanese auto major Yamaha’s Indian subsidiary launched a new variant of its automatic scooter Ray on Friday. According to the company,
Read More »
Yamaha’s Chennai plant to be operational by 2014
Panaji : The production at Yamaha Motor’s new manufacturing unit in Chennai will be operational by the second half of 2014, Hiroyuki Suzuki, chief executive and managing director of India Yamaha Motor Pvt. Ltd, said
Read More »
Sensex trades flat in pre-afternoon session
Mumbai : A benchmark index of Indian equities markets was trading flat in pre-afternoon trade Friday — marginally up 0.16 percent. After a day of volatility Friday, the market was trying to recoup on the back
Read More »
SBI profit drops 18.5 percent in January-March quarter
Kolkata : India’s largest lender State Bank of India (SBI) on Thursday said its net profit dropped by 18.54 percent to Rs.3,299.22 crore in the quarter ended 31 March, owing to lower interest income
Read More »
Hindustan Copper Q4 net jumps 37 percent to Rs.188 crore
Kolkata : State run Hindustan Copper Ltd on Thursday announced a 36.86 percent jump in its net profit to Rs.188.09 crore for the quarter ended March 31, 2013 as compared to Rs. 137.43 crore for
Read More »
Retail sales in South Korea fall
Seoul: Retail sales in South Korea decreased last month as domestic demand remained in the doldrums amid the sluggish economic recovery, a government report showed Thursday. Total sales at three major discount outlets, including E-Mart,
Read More »
SBI profit drops 18.5 percent in January-March quarter
Mumbai: India’s largest lender State Bank of India (SBI) Thursday said its net profit dropped by 18.54 percent to Rs.3,299.22 crore in the quarter ended March 31 owing to lower interest income and higher provisioning.
Read More »
Sensex tanks 353 points on negative global cues
Mumbai: A benchmark index of the Indian equities markets was trading 1.76 percent down around 2.30 p.m. trade Thursday, on the back of news emanating from the US that the stimulus programme could come to
Read More »
Rupee at new 6-month low at 55.83;down 37 paise against dollar in early trade
Mumbai: The rupee on Thursday declined by a hefty 37 paise to trade at a fresh six-month low of 55.83 in early trade at the Interbank Foreign Exchange market on sustained dollar demand and strengthening
Read More »
China to buy gas from Turkmenistan
Ashgabat (Turkmenistan) : China will import gas from the world’s second largest gas reserve in the Central Asian republic of Turkmenistan. Kakageldy Abdullayev, CEO of Turkmenistan’s national gas company Turkmengaz, said the Galkynysh field will be
Read More »
L&T Q4 profit drops near 7 percent
Mumbai : Engineering and construction conglomerate Larson & Toubro on Wednesday posted a 6.8 percent drop in net profit at Rs.1,787.94 crore for the fourth quarter ended March. The company had declared a net profit of
Read More »
Sensex falls for third day; L&T results spark worries
Mumbai: The BSE Sensex fell for a third consecutive session on Wednesday, to mark its lowest close in almost two weeks after Larsen & Toubro slumped around 6 percent after its orderbook guidance sparked worries about the
Read More »