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Hindustan Unilever profits double to Rs.1,331 crore


July 23rd, 2012 - 9:14 pm ICT by IANS
Mumbai, July 23 (IANS) Hindustan Unilever said Monday its net profit more than doubled to Rs.1331.19 crore for the quarter ended June 30, 2012 as compared to Rs.627.16 crore in ... Read more...

Posted in Uncategorized |

Tata Communications eyeing British C&W; Worldwide


March 1st, 2012 - 6:19 pm ICT by IANS
Mumbai, March 1 (IANS) Tata Communications Thursday said it is considering an all-cash offer to acquire Cable & Wireless Worldwide, Britain's largest business fibre network, and could decide on the ... Read more...

Posted in Business |

Argentina orders lowering of wholesale diesel prices


January 28th, 2012 - 11:41 am ICT by IANS
Buenos Aires, Jan 28 (IANS/EFE) Argentina's government has ordered refining firms to sell diesel for use in public transport at the same price they charge drivers at the pump, authorities ... Read more...

Posted in Business |

Ratan Tata force behind group’s international foray


November 24th, 2011 - 12:33 am ICT by IANS
Mumbai, Nov 23 (IANS) After two decades at the helm of one of the largest Indian conglomerates, Tata Group chairman Ratan Tata Wednesday announced the name of his successor ... Read more...

Posted in Business |

Hindustan Unilever’s second quarter profit up 32.10 percent


October 25th, 2010 - 4:59 pm ICT by IANS
New Delhi, Oct 25 (IANS) Leading fast moving consumer goods (FMCG) company Hindustan Unilever Monday reported a net profit of Rs.566.12 crore for the second quarter of the current fiscal, a growth ... Read more...

Posted in Business |

Algeria invites India Inc for $10-bn gas pipeline project


August 22nd, 2010 - 2:14 pm ICT by IANS
By Lakshmi Krishnakumar New Delhi, Aug 22 (IANS) Oil-rich Algeria, the second largest country in Africa, has invited Indian companies to participate in a $10-billion project to build an ambitious trans-Saharan gas pipeline ... Read more...

Posted in Business |

CII’s new president projects 8.5 percent growth


May 13th, 2010 - 4:07 pm ICT by IANS
New Delhi, May 13 (IANS) The Confederation of Indian Industry (CII) expects the country's economic growth to be 8.5 percent this fiscal with a robust recovery in the farm sector, its new ... Read more...

Posted in Business |

Ratan Tata hands over first three Nano cars to customers


July 17th, 2009 - 8:00 pm ICT by IANS
Mumbai, July 17 (IANS) A gleaming lunar silver-coloured Nano was handed over to a proud owner here Friday to mark the commercial rollout of the jellybean-shaped small car, which has been drawing ... Read more...

Posted in Business |

Tata Steel resets covenants on Corus loan


May 30th, 2009 - 5:12 pm ICT by IANS
Mumbai, May 30 (IANS) Tata Steel has reached an agreement with lenders of Tata Steel UK for resetting the covenants on the 3.7 billion pound loan raised for the acquisition of Anglo-Dutch ... Read more...

Posted in Business |

Shell posts record profits


January 30th, 2009 - 3:14 am ICT by IANS
London, Jan 30 (DPA) Anglo-Dutch oil giant Royal Dutch Shell Thursday reported 2008 profits of $31.4 billion, despite a sharp fall in earnings in the last quarter due to tumbling oil and ... Read more...

Posted in World |

Tata Steel Indian operations quarterly profit halves


January 29th, 2009 - 1:43 pm ICT by ANI
New Delhi, Jan 29 (ANI): In view of the continuously slumping sales to half of quarterly profits of the Indian operations of Tata Steel, top officials said that a recovery was ... Read more...

Posted in Business |

Hindustan Unilever net profit rises 34 percent


October 24th, 2008 - 9:15 pm ICT by IANS
Mumbai, Oct 24 (IANS) Hindustan Unilever Ltd (HUL), India's largest fast moving consumer goods manufacturer, Friday posted a net profit of $121.46 million for its third quarter, marking a 34 percent growth ... Read more...

Posted in Business |

TATA considering spin-off of international steel assets


September 6th, 2008 - 1:17 pm ICT by ANI
London, Sept.5 (ANI): The TATA Group is reportedly looking to spin off its international steel assets, including Corus, in an overseas listing that could raise billions of dollars to help bankroll ... Read more...

Posted in Business |

Tata Steel debuts on Fortune 500 list, ranks 315


July 10th, 2008 - 8:40 pm ICT by IANS
New York, July 10 (IANS) Thanks to its acquisition of the Corus group, Tata Steel has entered the Fortune 500 list at rank 315, while India's largest corporate group Reliance Industries jumped ... Read more...

Posted in World |

Post-Corus, Tata Steel’s consolidated profits soar (Lead)


June 26th, 2008 - 10:29 pm ICT by IANS
Kolkata/Mumbai, June 26 (IANS) Tata Steel Ltd, which acquired Anglo-Dutch giant Corus Group Plc. last year, has registered a net consolidated profit of Rs.123.22 billion for the year ended March 31 2008, ... Read more...

Posted in Business |

Leading oil giants see profits rise on back of oil price


April 29th, 2008 - 5:16 pm ICT by admin
DPA London, April 29 (DPA) Rising oil prices have boosted the profits of Britain's two leading oil giants, Shell and BP, in the first quarter of this year, figures showed Tuesday. Shell reported ... Read more...

Posted in World |

Corporate India rides new wave of consolidation


April 1st, 2008 - 2:53 am ICT by admin
By Arvind Padmanabhan Powering an enviable nine percent plus growth for the Indian economy, India Inc. has begun to show an unprecedented appetite for business consolidation, sparking a wave of big-ticket global mergers ... Read more...

Posted in India |

India’s Tatas seal deal to buy Jaguar, Land Rover for $2.3 bn


March 26th, 2008 - 7:51 pm ICT by admin
(Lead) By Quaid Najmi and Dipankar De Sarkar Mumbai/London, March 26 (IANS) Tata Motors said Wednesday that an agreement has been reached with Ford Motor Co to buy two iconic British auto brands - ... Read more...

Posted in Business |

Workers happy as Tatas clinch Jaguar, Land Rover deal


March 26th, 2008 - 6:40 pm ICT by admin
By Dipankar De Sarkar London, March 26 (IANS) Tens of thousands of British workers Wednesday welcomed Indian automakers Tata Motors' acquisition of the luxury car brands Jaguar and Land Rover in a deal ... Read more...

Posted in Business |

Factsheet on the Tata group


March 26th, 2008 - 4:55 pm ICT by admin
New Delhi, March 26 (IANS) A factsheet on the Tata group, India's largest private sector business conglomerate, founded by Jamsetji Tata in the mid 19th century: Past titans: Jamsetji Tata, Sir Dorab ... Read more...

Posted in Business |

Indian shipbuilder delivers vessel to UAE firm


February 27th, 2008 - 9:09 pm ICT by admin
Mumbai, Feb 27 (IANS) Gujarat-based ABG Shipyard Ltd has delivered a new supply vessel, called Lamnalco Mallard, to the Lamnalco Group based in the United Arab Emirates (UAE), the company said Wednesday. ... Read more...

Posted in Business |

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