fourth quarter

Quick decisions needed to boost investments: Chidambaram


August 31st, 2012 - 5:17 pm ICT by IANS
New Delhi, Aug 31 (IANS) Finance Minister P. Chidambaram Friday said quick decisions are needed to accelerate investments, especially in the manufacturing sector, a major drag on the country's ... Read more...

Posted in Business |

Investors apprehensive of Bengal’s policies: Assocham


August 22nd, 2012 - 11:37 pm ICT by IANS
Kolkata, Aug 22 (IANS) The West Bengal government must take measures to attract big investment as industrialists are still "very apprehensive" about its policies, industry group Assocham said Wednesday."Still the ... Read more...

Posted in Business |

US firm confident of China’s economic rebound


August 13th, 2012 - 5:46 pm ICT by IANS
Beijing, Aug 13 (IANS) Caterpillar, a US-based construction equipment maker, is confident that China's economy will experience a soft landing, as the government has taken appropriate measures for an economic ... Read more...

Posted in Business |

Olympic basketball: Russia beat Lithuania to reach semi-final


August 8th, 2012 - 11:08 pm ICT by IANS
London, Aug 8 (IANS/RIA Novosti) Russia's men reached the semi-finals of the Olympic basketball tournament Wednesday, beating Lithuania 83-74 in a dramatic match here Wednesday.Andrei Kirilenko, who returned to the ... Read more...

Posted in Sports |

China’s manufacturing sector growth slows


August 1st, 2012 - 2:18 pm ICT by IANS
Beijing, Aug 1 (IANS) China's manufacturing sector expanded at its slowest pace in eight months, China Daily reported Wednesday.The purchasing managers index (PMI) for the sector eased to 50.1 percent ... Read more...

Posted in Business |

Basketball: China beat Czechs, US survives


July 29th, 2012 - 2:44 pm ICT by IANS
London, July 29 (IANS) China beat Czech Republic 66-57 to win the Olympic women's basketball opener here while the US were stretched by Croatia.China's Guard Ma Zengyu scored 14 of ... Read more...

Posted in Sports |

Olympic Basketball: Russia survives Canadian scare


July 28th, 2012 - 9:02 pm ICT by IANS
London, July 28 (IANS/RIA Novosti) Russia's women's basketball team narrowly avoided a shock defeat to underdogs Canada in their opening match Saturday, storming back in the fourth quarter for a ... Read more...

Posted in Sports |

Samsung Electronics posts operating profit


July 27th, 2012 - 1:51 pm ICT by IANS
Seoul, July 27 (IANS) Samsung Electronics, the world's largest maker of memory chips, televisions, flat screens and handsets, posted its fresh record high of operating profit in the second quarter, ... Read more...

Posted in Business |

Reliance Industries Q1 net profit declines 21 percent


July 20th, 2012 - 9:47 pm ICT by IANS
Mumbai, July 20 (IANS) Reliance Industries (RIL) Friday posted a 21 percent decline in net profit at Rs.4,473 crore for the quarter ended June 30 against Rs.5,661 crore during the ... Read more...

Posted in Business |

Microsoft reports first loss in 26 years


July 20th, 2012 - 2:04 pm ICT by IANS
Washington, July 20 (IANS) US computing giant Microsoft has reported the first unprofitable quarter since it became a public company in 1986 after it wrote down the value of its ... Read more...

Posted in Sci-Tech |

Infosys cuts hiring in first quarter


July 12th, 2012 - 1:51 pm ICT by IANS
Bangalore, July 12 (IANS) In a reversal of trend, Infosys Ltd. hired less employees in first quarter (June-April) of 2012-13 fiscal than in the fourth quarter (January-March) of the last ... Read more...

Posted in Business |

infosys revenue guidance dips on negative growth (Lead)


July 12th, 2012 - 1:09 pm ICT by IANS
Bangalore, July 12 (IANS) For the first time in many years, India's IT bellwether Infosys Ltd. has lowered its annual revenue guidance in dollar terms on negative growth sequentially during ... Read more...

Posted in Business |

Miami Heat take 2-1 series lead in NBA finals


June 18th, 2012 - 5:35 pm ICT by IANS
Miami, June 18 (IANS) Miami Heat overcame a 10-point third quarter deficit to beat Oklahoma City Thunder 91-85 in a pulsating Game 3 of the NBA Finals at the American ... Read more...

Posted in Sports |

Interest rate not main reason for growth slowdown: RBI


June 8th, 2012 - 4:23 pm ICT by IANS
Mumbai, June 8 (IANS) High interest rate is not the main reason for the slowdown in economic growth that slumped to a nine-year low of 5.3 percent in the quarter ... Read more...

Posted in Business |

Crisil cuts India’s economic growth forecast to 6.5 percent


June 4th, 2012 - 8:23 pm ICT by IANS
Mumbai, June 4 (IANS) Ratings agency Crisil Monday cut its India's economic growth forecast for the current financial year to 6.5 percent from its previous 7 percent due to uncertainty ... Read more...

Posted in Business |

BEML posts Rs.14 crore net loss in Q4 of 2011-12


May 31st, 2012 - 11:38 pm ICT by IANS
Bangalore, May 31 (IANS) State-run defence behemoth BEML, at the centre of a controversey involving its Tatra heavy-duty trucks, reported a Rs.14 crore net loss for the fourth quarter of ... Read more...

Posted in Business |

India’s economic growth slumps to 6.5 percent in 2011-12


May 31st, 2012 - 1:42 pm ICT by IANS
New Delhi, May 31 (IANS) India's economic growth slumped to three-year low of 6.5 percent in 2011-12, as compared to 8.4 percent in the previous year, due to poor performance ... Read more...

Posted in Business |

Tata Motors scrip down on concerns over JLR


May 30th, 2012 - 5:11 pm ICT by IANS
Mumbai, May 30 (IANS) The scrip of automobile giant Tata Motors slid Wednesday as concern grew over the company's plans to expand capital expenditure on its Jaguar Land Rover (JLR) ... Read more...

Posted in Business |

Hindustan Copper hopeful of joint venture with Rajasthan Mining


May 29th, 2012 - 9:02 pm ICT by IANS
Kolkata, May 29 (IANS) Public sector miner Hindustan Copper Ltd is hopeful of forming a joint venture with Rajasthan State Mining and Minerals Ltd shortly for exploitation of copper deposits ... Read more...

Posted in Business |

Inflation affected PC sales in Q1 of 2012 in India: Gartner


May 25th, 2012 - 8:28 pm ICT by IANS
New Delhi, May 25 (IANS) High inflation and increased prices during the first quarter of 2012 affected sale of personal computers in India, research firm Gartner Inc said Friday."Consumer buying ... Read more...

Posted in Business |

CEAT reports Rs. 41.5 cr net profit in Q4


May 9th, 2012 - 2:04 am ICT by IANS
Mumbai, May 9 (IANS) The leading tyre manufacturer, CEAT, an RPG Group company, has announced clocking a net profit of Rs. 41.5 crore for the quarter which ended March 31, ... Read more...

Posted in Business |

Land price growth slows in China


May 8th, 2012 - 6:20 pm ICT by IANS
Beijing, May 8 (IANS) Land prices in major Chinese cities continued to rise in the first quarter of 2012 but at a slower pace as the national economy headed for ... Read more...

Posted in Uncategorized |

Allahabad Bank reports 55 percent rise in Q4 net profit


May 5th, 2012 - 10:47 pm ICT by IANS
Kolkata, May 5 (IANS) Backed by healthy growth in its core business, public sector lender Allahabad Bank Saturday reported a 55.36 percent growth in its net profit for the quarter ... Read more...

Posted in Business |

UCO Bank net up by 12 percent in Q4


May 5th, 2012 - 9:01 pm ICT by IANS
Kolkata, May 5 (IANS) Public sector UCO Bank Saturday said it has registered a 12 percent growth in its net profit to Rs 2.53 billion during the quarter ended March ... Read more...

Posted in Uncategorized |

Syndicate bank net up marginally in Q4


May 5th, 2012 - 8:33 pm ICT by IANS
Bangalore, May 5 (IANS) State-run Syndicate Bank posted Rs.309 crore net profit for the January-March fourth quarter of fiscal 2011-12, registering a marginal increase of seven percent year-on-year (YoY) over ... Read more...

Posted in Business |

Hero Motocorp’s scrip down 7 percent


May 3rd, 2012 - 3:25 pm ICT by IANS
Mumbai, May 3 (IANS) An expected slowdown in the automobile industry coupled with increased competition dampened investor sentiments on Hero MotoCorp's scrip, which fell by 6.99 percent in Thursday's ... Read more...

Posted in Business |

Exide Q4 net profit dips 12.9 percent


April 30th, 2012 - 10:28 pm ICT by IANS
Kolkata, April 30 (IANS) Exide Industries, the biggest storage battery producing company in India, Monday reported 12.9 percent slide in its net profit in the quarter ended March 31, 2012 ... Read more...

Posted in Business |

US consumer spending up 0.3 percent


April 30th, 2012 - 10:27 pm ICT by IANS
Washington, April 30 (IANS) The US personal consumption expenditures (PCE) rose by 0.3 percent in March, the US Commerce Department said Monday.The US savings rate, personal saving as a percentage ... Read more...

Posted in Business |

Vijaya Bank net zooms 235 percent in Q4


April 30th, 2012 - 7:45 pm ICT by IANS
Bangalore, April 30 (IANS) State-run Vijaya Bank posted net profit of Rs.181 crore for the fourth quarter (January-March) of fiscal 2011-12, registering a whopping 235 percent jump from Rs.54 crore ... Read more...

Posted in Business |

Taj GVK net profit dips by 32 percent


April 30th, 2012 - 7:03 pm ICT by IANS
Hyderabad, April 30 (IANS) Hyderabad-based Taj GVK Hotels and Resorts Ltd, a joint venture between the GVK group and the Tata group's Indian Hotels Company Ltd, has reported a decline ... Read more...

Posted in Business |

China’s petrochemical sector growth slows


April 30th, 2012 - 1:51 pm ICT by IANS
Beijing, April 30 (IANS) China's petrochemical industry expanded at much slower pace in the first quarter amid the economic slowdown, according to data released by the National Development and Reform ... Read more...

Posted in Business |

Business confidence recovering but concerns remain: CII


April 29th, 2012 - 1:49 pm ICT by IANS
New Delhi, April 29 (IANS) Most Indian firms have recovered business confidence, but stagnancy in reforms, high interest rates and increased raw material costs still remain top concerns, according to ... Read more...

Posted in Business |

Maruti Suzuki’s Q4 net profit down three percent


April 28th, 2012 - 6:02 pm ICT by IANS
New Delhi, April 28 (IANS) Passenger car major Maruti Suzuki Saturday reported a decline of three percent in its net profit for the fourth quarter of 2011-12 which stood at ... Read more...

Posted in Uncategorized |

US economy slowed in first quarter


April 28th, 2012 - 12:08 pm ICT by IANS
Washington, April 28 (IANS/EFE) The US economy grew 2.2 percent in the first three months of this year after expanding 3 percent in the fourth quarter of 2011, the US ... Read more...

Posted in Business |

Biocon net marginally down in fiscal 2012


April 27th, 2012 - 11:25 pm ICT by IANS
Bangalore, April 27 (IANS) India's biotech major Biocon Ltd posted Rs.338 crore net profit for fiscal 2011-12, registering a marginal 0.5 decline year-on-year (YoY) over the previous fiscal (2010-11) at ... Read more...

Posted in Uncategorized |

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