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UCO Bank’s net profit dips 40.2 percent in Q4


April 29th, 2011 - 9:59 pm ICT by IANS
Kolkata, April 29 (IANS) Public sector UCO Bank Friday posted a net profit of Rs.227 crore during the quarter ending March 31, 2011, against Rs.380 crore for the corresponding ... Read more...

Posted in Business |

Walmart Announces Plans to End Extra Sunday Pay


December 10th, 2010 - 1:06 am ICT by Angela Kaye Mason
Dec 9 (THAINDIAN NEWS) Walmart Stores has become the biggest private employer in the United States, and have announced plans to cease paying their employees an extra dollar an hour to work ... Read more...

Posted in Business |

GM announces new cost cuts, axes Pontiac for survival


April 27th, 2009 - 11:01 pm ICT by IANS
Washington, April 27 (DPA) General Motors Corp. announced another round of drastic cost-cutting measures Monday in its latest bid for survival, including abandoning its Pontiac brand and offering bondholders, employees and ... Read more...

Posted in Business |

Google first-quarter profits up 8.9 percent


April 17th, 2009 - 4:24 am ICT by IANS
San Francisco, April 17 (DPA) Internet search powerhouse Google bucked the economic downturn in the first quarter, posting an 8.9-percent rise in profits as revenues climbed 6.2 percent. The Silicon Valley-based online advertising ... Read more...

Posted in Business |

Madoff Guilty of Fraud


March 11th, 2009 - 11:55 pm ICT by GD
Bernard L. Madoff, the financier accused of causing the biggest Ponzi fraud of all times is to plead guilty to charges that could land him in prison for life. During the ... Read more...

Posted in Business |

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