business segments

Larsen and Toubro bags Rs.1,454 crore orders


March 7th, 2012 - 4:29 pm ICT by IANS
New Delhi, March 7 (IANS) Infrasstructure major Larsen and Toubro (L&T;) said Wednesday it has bagged orders worth Rs.1,454 crore across various business segments in February-March."Water and effluents ... Read more...

Posted in Uncategorized |

Fortis buys Singapore diagnostic firm for $50 mn, stock up


February 1st, 2012 - 2:46 pm ICT by IANS
Mumbai, Feb 1 (IANS) Fortis Healthcare said Wednesday it had bought an 85 percent stake in Singapore's Redline-Asia, an outpatient diagnostic chain, for about $50 million (Singapore $62.9 million).The stock ... Read more...

Posted in Business |

A factsheet on the Tata Group


November 24th, 2011 - 6:46 pm ICT by IANS
Mumbai, Nov 24 (IANS) A factsheet on the Tata Group, India's largest private sector business conglomerate, which Wednesday evening named Cyrus Mistry to succeed Ratan Tata as its next ... Read more...

Posted in Business |

Godrej Industries quarterly net profit rises 45 percent


July 30th, 2011 - 6:29 pm ICT by IANS
New Delhi, July 30 (IANS) Godrej Industries Saturday said it has posted an increase of 45 percent in consolidated net profit at Rs.71 crore for the quarter ended June 30 ... Read more...

Posted in Business |

Airtel to re-structure India, South Asia operations


July 7th, 2011 - 10:58 pm ICT by IANS
New Delhi, July 7 (IANS) Telecom giant Bharti Airtel Thursday said it would have a new organisational structure for its operations in India and South Asia with effect from ... Read more...

Posted in Sci-Tech |

United India targets Rs.8,000 crore premium income


May 3rd, 2011 - 9:42 pm ICT by IANS
Chennai, May 3 (IANS) Government-owned non-life insurer United India Insurance Company Ltd. is targeting gross premium of around Rs.8,000 crore for the current fiscal, up from Rs.6,376.66 crore the company ... Read more...

Posted in Business |

Tube Investments posts higher turnover, profits


January 29th, 2011 - 9:26 pm ICT by IANS
Chennai, Jan 29 (IANS) Backed by all-round growth, Tube Investments of India Ltd closed the third quarter of the current fiscal with a turnover of Rs.749 crore and a net profit of ... Read more...

Posted in Business |

Ernst & Young to expand Kerala operations


January 11th, 2011 - 5:10 pm ICT by IANS
Thiruvananthapuram, Jan 11 (IANS) Ernst & Young Global Shared Services Tuesday announced plans for a major expansion of its Technopark operations here, including increasing its staff strength from the present 700 to ... Read more...

Posted in Business |

KEC International bags orders worth Rs.1,018 crore


December 27th, 2010 - 9:45 pm ICT by IANS
Mumbai, Dec 27 (IANS) Power transmission major KEC International Ltd Monday said it has bagged orders worth Rs.1,018 crore for the construction of transmission lines and other civil projects. In the transmission ... Read more...

Posted in Business |

Start-ups find it easier in Indian market: Survey


November 3rd, 2010 - 7:38 pm ICT by IANS
New Delhi, Nov 3 (IANS) Start-ups are finding it easier to penetrate the Indian market, especially in the consumer goods and small and medium business segments, due to high economic growth, low ... Read more...

Posted in Business |

Lufthansa names Christoph Franz as new CEO


September 23rd, 2010 - 7:12 pm ICT by BNO News
FRANKFURT, GERMANY (BNO NEWS) -- Deutsche Lufthansa AG has announced that Christoph Franz will become the airline's new chairman and Chief Executive Officer (CEO) as of next year.Lufthansa's announcement was expected as ... Read more...

Posted in Business |

Murugappa aims $7.7bn growth by 2014


September 8th, 2010 - 10:37 pm ICT by IANS
Chennai, Sep 8 (IANS) The $3.03 billion turnover industrial conglomerate Murugappa group is mulling organic and inorganic growth to take the group size to $7.7 billion by 2013-14, said a top group ... Read more...

Posted in Business |

Johnson Control reports 22 percent revenue increase in Q3 2010


July 24th, 2010 - 2:15 am ICT by BNO News
MILWAUKEE, WISCONSIN (BNO NEWS) -- Johnson Controls on Friday announced that it has had a 22 percent revenue increase in the third quarter of 2010 with higher sales in each of its ... Read more...

Posted in Business |

Verizon announces increased revenues for the second quarter of 2010


July 24th, 2010 - 12:12 am ICT by BNO News
NEW YORK (BNO NEWS) – Verizon on Friday presented its reports for the second quarter of 2010, announcing a strong cash flow growth, improved margins for both its Wireless and Wireline business ... Read more...

Posted in Business |

ITC may enter hospital, healthcare business (Second Lead)


July 23rd, 2010 - 9:32 pm ICT by IANS
Kolkata, July 23 (IANS) Diversified FMCG major ITC may enter the hospital and healthcare business. "We may look into hospital business. It is in the same service area (hospitality)," Chairman Y.C. Deveshwar said ... Read more...

Posted in Business |

ING Vysya to focus on retail banking, expand branch network


April 8th, 2010 - 8:54 pm ICT by IANS
Chennai, April 8 (IANS) Private lender ING Vysya Bank will focus on retail and emerging corporates this fiscal to increase its balance sheet and expand the branch network in the northern and ... Read more...

Posted in Business |

Kesoram Industries posts net profit of Rs.36.83 crore


January 28th, 2010 - 10:15 pm ICT by IANS
Kolkata, Jan 28 (IANS) B.K. Birla group company Kesoram Industries Ltd has posted net profit of Rs.36.83 crore for the quarter ended Dec 31, 2009, against Rs.39.15 crore for the corresponding quarter ... Read more...

Posted in Business |

Biocon’s net profit nearly triples in Q3


January 21st, 2010 - 6:46 pm ICT by IANS
Bangalore, Jan 21 (IANS) Biotechnology major Biocon Thursday reported a nearly three-fold increase in consolidated profit for the October-December 2009 period at Rs.81 crore from about Rs.28 crore in the same period ... Read more...

Posted in Business |

Calcutta race turf club revives horse race in Kolkata


November 29th, 2009 - 8:30 pm ICT by ANI
Kolkata, Nov.29 (ANI): Royal Calcutta Turf Club (RCTC) organized a horse racing championship Calcutta 1000 Guineas Grill on Saturday (Nov.28) to revive racing in Kolkata city.Set up in 1847, RCTC is the ... Read more...

Posted in Feature |

Technopark ties up with Beijing Software Park (Business Capsule)


September 22nd, 2009 - 7:36 pm ICT by IANS
Thiruvananthapuram, Sep 22 (IANS) City-based information technology park Technopark has signed a cooperation agreement with China's Beijing Zhongguancun Software Park Co (Zpark), it was announced here Tuesday. Under the agreement, the ... Read more...

Posted in Business |

Disney exploring Hindu mythological superheroes


September 15th, 2009 - 5:24 am ICT by Sampurn Wire
Disney held talks with India's Vimanika Comics to explore the possibility of bringing Hindu mythological superheroes to film and television, according to reports. It reportedly includes the possibility of seeing Karna brought to ... Read more...

Posted in Entertainment |

Lupin’s last quarter profit up 64 percent


May 14th, 2009 - 3:23 pm ICT by IANS
New Delhi, May 14 (IANS) Drug maker Lupin saw its consolidated profits for the quarter ended March 31 rise 64.16 percent to Rs.157.3 crore, as against Rs.95.87 crore for the corresponding period ... Read more...

Posted in Business |

Courier giant UPS profits shrink by half


April 24th, 2009 - 9:20 am ICT by IANS
New York, April 24 (IANS) The global recession has taken its toll on the United Parcel Service (UPS), with the world delivery leader reporting a 55 percent plunge in profits Thursday. In a ... Read more...

Posted in World |

Domestic BPO companies in Rajasthan unaffected by recession


April 18th, 2009 - 8:23 pm ICT by ANI
Jaipur, Apr 18 (ANI): In Rajasthan, the Business Process Outsourcing (BPO) companies dealing in domestic market have not been affected by the economic slowdown so far.Most of the domestic BPO companies here ... Read more...

Posted in National |

Adlabs Films revenue up 61 percent


January 31st, 2009 - 3:53 pm ICT by IANS
Mumbai, Jan 31 (IANS) Adlabs Films Ltd, part of the Reliance-Anil Dhirubhai Ambani Group (R-ADAG), Saturday reported 61 percent growth in revenue for the quarter ended Dec 31.The company said in a ... Read more...

Posted in Uncategorized |

Vittal to head Gujarat special economic zone project


September 25th, 2008 - 8:42 pm ICT by IANS
Ahmedabad, Sep 25 (IANS) Former central vigilance commissioner N. Vittal will be the chairman of the joint venture company that will set up the information technology (IT) special economic zone (SEZ) in ... Read more...

Posted in Business |

India’s Marico exploring Dhaka market for skin care products


May 29th, 2008 - 5:22 pm ICT by admin
Dhaka, May 29 (IANS) After cornering much of the coconut oil market in Bangladesh, India's hair and skin care conglomerate Marico is tapping the prospects of opening its Kaya brand skin care ... Read more...

Posted in Business |

Bharti Airtel registers good fourth quarter growth


April 25th, 2008 - 5:35 pm ICT by admin
(Lead)New Delhi, April 25 (IANS) Bharti Airtel, India's largest mobile phone service operator, Friday posted robust growth with consolidated net profit rising to Rs.18.98 billion in the quarter ending March 2008, from ... Read more...

Posted in Business |

Dell India to focus on laptops for growth


April 22nd, 2008 - 9:45 pm ICT by admin
Sriperumbudur (Tamil Nadu) April 22 (IANS) Computer manufacturer Dell India Tuesday said the company would give more thrust to the laptop segment to achive a higher growth rate. "We have recently started ... Read more...

Posted in Sci-Tech |

Chip-maker AMD reports sixth quarterly loss in a row


April 18th, 2008 - 5:51 pm ICT by admin
San Francisco, April 18 (IANS) One of the world's biggest chip maker Advanced Micro Devices (AMD) posted its sixth consecutive quarterly loss, but the company executives vowed a return to profitability in ... Read more...

Posted in World |

Pranab Mukherjee to open India-Africa Hydrocarbon Conference


November 14th, 2007 - 8:32 am ICT by admin
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Posted in Business |

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