Decision on 2G auction participation only by October: SSTL
September 10th, 2012 - 7:11 pm ICT by IANS
New Delhi, Sep 10 (IANS) Sistema Shyam Teleservices (SSTL) Monday said it would be able to say only next month if it would take part in the 2G auction as ... Read more...
Posted in Business |
Carborundum Universal net down by 31 percent
August 7th, 2012 - 8:01 pm ICT by IANS
Chennai, Aug 7 (IANS) City-based abrasives major Carborundum Universal Ltd closed the first quarter with 6 percent sales growth and 31 percent net profit fall as compared to previous year's ... Read more...
Posted in Business |
Infosys net up 33 percent in third quarter
January 12th, 2012 - 12:35 pm ICT by IANS
Bangalore, Jan 12 (IANS) Infosys Ltd posted net profit of Rs.2,372 crore (Rs.23.7 billion) for the third quarter (October-December) of this fiscal (2011-12), registering a record 33 percent year-on-year (YoY) ... Read more...
Posted in Business |
Tata Motors tweaks Nano, claims improved mileage
November 21st, 2011 - 2:56 pm ICT by IANS
Mumbai, Nov 21 (IANS) Tata Motors Monday unveiled several new features for the Nano car, including improved fuel efficiency, at no extra cost.The company claimed mileage has been improved to ... Read more...
Posted in Business |
DLF Q2 profit falls 11 percent
November 10th, 2011 - 10:36 pm ICT by IANS
New Delhi, Nov 10 (IANS) DLF, one of India's largest real estate developers, said Thursday its net profit fell 11 percent to Rs.372 crore in the second quarter of current ... Read more...
Posted in Business |
Mahindra Satyam’s net profit up by six percent
November 10th, 2011 - 6:30 pm ICT by IANS
Hyderabad, Nov 10 (IANS) Software exporter Mahindra Satyam registered nearly six percent increase in its net profit during the second quarter ended Sep 30 with the company claiming that its ... Read more...
Posted in Uncategorized |
Tata Motors’ global sales grow 24.2 percent in 2010-11
May 26th, 2011 - 11:59 pm ICT by IANS
Kolkata, May 26 (IANS) Tata Motors Group Thursday reported that its global wholesale volumes for fiscal 2010-11, including Jaguar Land Rover, stood at 1,080,994 units, representing a growth of 24.2 ... Read more...
Posted in Business |
Tata Chemicals re-brands global subsidiaries
April 1st, 2011 - 7:58 pm ICT by IANS
Kolkata, April 1 (IANS) Tata Chemicals Limited (TCL), part of the $67.4 billion Tata Group, Friday announced a major re-branding initiative, embracing its subsidiaries in Britain, the US and Kenya ... Read more...
Posted in Business |
Tata Motors unveils new Manza
February 6th, 2011 - 7:47 pm ICT by IANS
Mumbai, Feb 6 (IANS) The latest version of Tata Motors' sedan Manza, equipped with a range of new features, hit the roads Sunday, an official said.Competitively priced, Tata Manza would cost from ... Read more...
Posted in Business |
Dr. Reddy’s reports 37 percent jump in profit for 2nd quarter
October 23rd, 2010 - 5:59 pm ICT by IANS
New Delhi, Oct 23 (IANS) Pharmaceutical major Dr. Reddy's Laboratories Saturday reported a net profit of Rs.2.9 billion ($64 million) for the quarter ended Sep 30, which adds up to a 32 ... Read more...
Posted in Business |
Tata Motors acquires Italian car design firm
October 4th, 2010 - 7:00 pm ICT by IANS
Mumbai, Oct 4 (IANS) Tata Motors announced Monday that it has acquired 80 percent stake in Trilix Srl, Turin, an Italian design and engineering company, for 1.85 million euros.The acquisition is in ... Read more...
Posted in Business |
Tata Motors global sales up 39 percent in March
April 15th, 2010 - 8:43 pm ICT by IANS
Mumbai, April 15 (IANS) India's auto major Tata Motors sold 101,712 vehicles globally in March 2010, registering a growth of 39 percent over the corresponding month last year.
In 2009-10, the global sales ... Read more...
Posted in Business |
Infosys raises guidance on back of global economic recovery (Lead)
January 12th, 2010 - 1:18 pm ICT by IANS
By Fakir Balaji
Mysore, Jan 12 (IANS) Buoyed by signs of global economy recovery, India's IT major Infosys Technology Ltd. has revised upwards its revenue forecast for fiscal 2009-10.On Tuesday it projected consolidated ... Read more...
Posted in Business |
Jaguar Land Rover funding requirements
August 11th, 2009 - 9:23 pm ICT by IBNS
Mumbai / Kolkata, Aug 11 (IBNS) Tata Motors and Jaguar Land Rover have been in discussions with commercial banks for Jaguar Land Rover funding facilities, many of which have been successfully concluded ... Read more...
Posted in Business |
Tata Motors secures funding for Jaguar-Land Rover
August 11th, 2009 - 6:19 pm ICT by IANS
Mumbai, Aug 11 (IANS) Auto major Tata Motors Tuesday said it has secured funding from commercial banks for its luxury unit Jaguar-Land Rover and no longer needs financial assistance from the British ... Read more...
Posted in Business |
NIIT Technologies profit dips 13.5 percent
July 29th, 2009 - 3:46 pm ICT by IANS
New Delhi, July 29 (IANS) IT solutions provider NIIT Technologies Wednesday reported a 13.5 percent dip in its operating profit to Rs.39.4 crore for the quarter ended June 30 as against Rs.45.6 ... Read more...
Posted in Business |
Wipro resisted meltdown last fiscal but yields in new fiscal (Lead)
April 22nd, 2009 - 2:31 pm ICT by IANS
Bangalore, April 22 (IANS) India's third largest IT bellwether Wipro Ltd, which resisted global meltdown to post double-digit growth in fiscal 2008-09, has succumbed in the beginning of the new fiscal (2009-10) ... Read more...
Posted in Business |
Wipro net profit up 15 percent in fourth quarter
April 22nd, 2009 - 11:48 am ICT by IANS
Bangalore, April 22 (IANS) Wipro Ltd posted a net profit of Rs.10.1 billion (Rs.1,010 crore) for the fourth quarter (January-March) of fiscal 2008-09, registering 15 percent year-on-year (YoY) growth under the Indian ... Read more...
Posted in Business |
Infosys projects single-digit growth for FY 2010 (Lead)
April 15th, 2009 - 12:16 pm ICT by IANS
Bangalore, April 15 (IANS) Infosys Technologies Ltd has projected consolidated income of Rs.221-229 billion (Rs.22,066-22,928 crore) for the new fiscal (2009-10), indicating a single digit growth of 1.7-5.7 percent over the last ... Read more...
Posted in Business |
Aditya Birla completes Apollo Sindhoori acquisition
March 9th, 2009 - 8:59 pm ICT by IANS
Mumbai, March 9 (IANS) Diversified company Aditya Birla Nuvo Ltd Monday said it has completed the acquisition of 76 percent stake in the retail broking firm of the Apollo Hospitals Group.
The group ... Read more...
Posted in Business |
Wipro net profit up 18 percent in third quarter
January 21st, 2009 - 11:29 am ICT by IANS
Bangalore, Jan 21 (IANS) Wipro Ltd has posted a net profit of Rs.10.04 billion (Rs.1,004 crore/$204 million) for the third quarter (October-December) of this fiscal (2008-09), registering 18 percent year-on-year (YoY) growth ... Read more...
Posted in Uncategorized |
Aditya Birla Nuvo reports results for first Quarter
August 4th, 2008 - 7:13 pm ICT by ANI
Mumbai, August 4 (ANI/Business Wire India): Growing share of new business premium in the Life Insurance business and retail expansion in the garments business impacted consolidated profitability.
Aditya Birla Nuvo continued to ... Read more...
Posted in Health Science |
Torrent Pharma net profit up by 44 percent
May 6th, 2008 - 8:22 pm ICT by admin
Ahmedabad, May 6 (IANS) Torrent Pharmaceuticals Limited Tuesday announced a 44 percent increase in their consolidated net profit for 2007-08. Announcing the audited results for the last fiscal, the company said the ... Read more...
Posted in Business |
Bombardier posts $317 mn profit
April 3rd, 2008 - 9:27 pm ICT by admin
Toronto, April 3 (IANS) Benefiting from huge contracts with India and China, Bombardier, the Canadian giant that manufactures aircraft and trains, has posted a profit of US$317 million, up $49 million from ... Read more...
Posted in World |
Aditya Birla Nuvo reports net profit of Rs. 47.8 Cr. for second quarter
November 14th, 2007 - 8:12 am ICT by admin
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Posted in Business |