SBI profit drops 18.5 percent in January-March quarter Friday, 24 May 2013 08:44
Kolkata: 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.This is the first quarterly drop…
Hindustan Copper Q4 net jumps 37 percent to Rs.188 crore Friday, 24 May 2013 08:44
Kolkata: State run Hindustan Copper Ltd 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 the same period last year.Total income of…
Tata Steel posts loss for fourth quarter Thursday, 23 May 2013 19:55
New Delhi: Largest steel manufacturer of the country (valuewise) Tata Steel posted net loss for fourth quarter ending March 31, 2013, a company statement said Thursday.The company's fourth quarter net loss was Rs.6,529 crore, compared with Rs.4,330 crore profit a…
Saudi company to hire 5,000 Nitaqat-hit Indians Thursday, 23 May 2013 19:51
Dubai: A company in Saudi Arabia's eastern province has said it will hire 5,000 Indian workers affected by that country's new labour policy.The Nasser S. Al-Hajri Corp (NSH) is holding a two-day recruiting drive in Riyadh Thursday and Friday, the…
IGL Q4 profits rise over 4 percent Thursday, 23 May 2013 18:04
New Delhi: State-run gas distributors Indraprastha Gas Ltd (IGL) Thursday reported an over 4 percent rise in net profits year-on-year for its fourth quarter ended March 31.The Company has posted a net profit of Rs.83.52 crore for the quarter in…
Australia, India sign MoU on agriculture cooperation Thursday, 23 May 2013 18:27
New Delhi: Australia and India Thursday signed a memorandum of understanding (MoU) to develop and strengthen cooperation in skills training in the agriculture sector, said a statement."This partnership aims to achieve quality industry-led skills training standards in the agriculture sector.…
Aviation, IT, ITES top suggestions in Goa industrial policy Thursday, 23 May 2013 17:59
Panaji: Industries like aviation, aero space, IT and ITES, pharma and integrated educational hubs have been shortlisted by a state-government appointed taskforce, which is cobbling together suggestions for the Goa's Industrial Investment Policy.Speaking to reporters here, Atul Kane, head of…
SEBI, India's capital market regulator, is 25 Thursday, 23 May 2013 16:01
New Delhi: The Securities and Exchange Board of India (SEBI) celebrates its silver jubilee Friday amid calls that the capital market regulator needs to follow global standards and improve market intelligence, technology and talent pool to beef up the enforcement…
SBI profit drops 18.5 percent in January-March quarter Thursday, 23 May 2013 15:50
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.This is the first quarterly drop…
Daimler India to start exports of FUSO trucks from June Thursday, 23 May 2013 15:50
Chennai: German automobile major Daimler AG will start exports of FUSO range of trucks - belonging to Japanese Mitsubishi FUSO Truck and Bus Corporation (MFTBC) - to Sri Lanka out of its plant near here from June, said a senior…
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