net profits

When 50 taxi drivers in China helped an ailing colleague


September 8th, 2012 - 5:47 pm ICT by IANS
Beijing, Sep 8 (IANS) A group of 50 taxi drivers in east China's Zhejiang province are selflessly driving an ailing co-worker's cab to help his family fight poverty and disease.When ... Read more...

Posted in Health Science |

China’s slowdown hurts corporate profits


August 19th, 2012 - 2:18 pm ICT by IANS
Beijing, Aug 19 (IANS) China's economic slowdown has impacted corporate profits as profit growth in the country's listed companies largely contracted in the first half of the year, China Daily ... Read more...

Posted in World |

Delhi Airport Express resumption date unclear


August 14th, 2012 - 10:28 pm ICT by IANS
Mumbai, Aug 14 (IANS) Reliance Infrastructure, which operates Delhi Metro's Airport Express line, Tuesday refused to indicate a time-frame for completing repairs that would enable resuming stalled services on the ... Read more...

Posted in Business |

China’s largest gold miner posts gloomy results


August 11th, 2012 - 1:02 pm ICT by IANS
Beijing, Aug 11 (IANS) Zijin Mining Group Co., China's largest gold producer by output, Saturday said its net profits slumped 19.95 percent year-on-year in the first half of 2012 as ... Read more...

Posted in Business |

Tube Investments of India net down Rs.11.59 crore


August 6th, 2012 - 8:17 pm ICT by IANS
Chennai, Aug 6 (IANS) City-based multi-product company Tube Investments Monday announced a Rs.11.59 crore fall in net profit in the first quarter of the current fiscal as against corresponding period ... Read more...

Posted in Business |

National Bank of Abu Dhabi’s profits up


July 25th, 2012 - 12:34 am ICT by IANS
Abu Dhabi, July 24 (IANS/WAM) The National Bank of Abu Dhabi's (NBAD) net profits rose by 6.9 percent to 2,087 million dirhams (about $568 million) in the first half of ... Read more...

Posted in Business |

Affordable housing hit badly in real estate slump (Comment)


July 15th, 2012 - 3:04 pm ICT by IANS
Amid economic slowdown, the drastic fall in home absorption rates this year is a matter of serious concern. The high property and home loan rates have taken the toll of sales, ... Read more...

Posted in Business |

China airlines’ profits decline


July 11th, 2012 - 7:27 pm ICT by IANS
Beijing, July 11 (IANS) Profits of major Chinese airline companies have declined in the first half of 2012, it was reported here Wednesday.China Southern Airlines Co. Ltd. said its net ... Read more...

Posted in Business |

CESC’s consolidated net profit down 11 percent


June 13th, 2012 - 9:29 pm ICT by IANS
Kolkata, June 13 (IANS) The net profit of RP-Sanjiv Goenka Group's power utility company CESC Ltd declined by 11 percent in the 2011-12 fiscal compared to the year-ago period, the ... Read more...

Posted in Business |

Pranab asks banks to reduce non-performing assets


June 12th, 2012 - 8:45 pm ICT by IANS
New Delhi, June 12 (IANS) Finance Minister Pranab Mukherjee Tuesday asked banks to reduce non-performing assets (NPAs) for the financial health of the sector."I am happy that banks have ... 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 |

Ashok Leyland net in 2011-12 down by 10 percent


May 14th, 2012 - 10:52 pm ICT by IANS
Chennai, May 14 (IANS) Hit by higher finance cost, increased depreciation and a muted market in its southern strongholds, Hinduja group's flagship company Ashok Leyland posted around 10 percent reduction ... Read more...

Posted in Business |

New Zealand banks register rise in profits


April 24th, 2012 - 1:18 pm ICT by IANS
Wellington, April 24 (IANS) New Zealand's registered banks reported combined profits of 3.3 billion NZ dollars ($2.68 billion) last year, despite the fact that borrowing continued to be slow, ... Read more...

Posted in Business |

Listed Chinese companies see narrowing profits


April 23rd, 2012 - 2:40 pm ICT by IANS
Beijing, April 23 (IANS) China's listed companies saw narrowing profits in the first quarter as the country's economy ran at the slowest pace since the third quarter of 2009, reports ... Read more...

Posted in Business |

China Mobile profits go up


March 16th, 2012 - 1:13 pm ICT by IANS
Beijing, March 16 (IANS) Chinese telecommunications giant China Mobile said its net profits hit 125.9 billion yuan ($19.92 billion) in 2011, an increase of 5.2 percent year-on-year.Operating revenues grew 8.8 ... Read more...

Posted in Business |

Afghanistan and China sign multi-billion oil development deal


December 29th, 2011 - 8:35 pm ICT by BNO News
KABUL, AFGHANISTAN (BNO NEWS) -- The governments of Afghanistan and China agreed to an oil development deal on Wednesday which is expected to deliver up to $7 billion in profits for Afghanistan, ... Read more...

Posted in Business |

Air China Q3 profits fall


October 28th, 2011 - 1:26 pm ICT by IANS
Beijing, Oct 28 (IANS) Air China Ltd, China's largest airline, said Friday its net profits in the third quarter of 2011 decreased 26.46 percent year-on-year due to weak international demand ... Read more...

Posted in Business |

Bharti Airtel’s quarterly net profit drops


August 3rd, 2011 - 3:31 pm ICT by IANS
Mumbai, Aug 3 (IANS) Telecom major Bharti Airtel Wednesday reported a 25.8 percent fall in its net profit at Rs.1,432.3 crore for the quarter ended June 30, according to Indian ... Read more...

Posted in Business |

Ashok Leyland’s Q4 profit up 33.33 percent


May 20th, 2011 - 1:58 am ICT by IANS
Mumbai, May 20 (IANS) Hinduja Group-promoted heavy vehicles company Ashok Leyland Thursday reported an increase of 33.33 percent in its net profits for the fourth quarter of the last fiscal ... Read more...

Posted in Business |

Reliance Industries net profit up 14 percent


April 21st, 2011 - 7:52 pm ICT by IANS
New Delhi, April 21 (IANS) India's largest private sector firm Reliance Industries (RIL) Thursday reported a 14.1 percent rise in net profit at Rs.5,376 crore for the quarter ended March ... Read more...

Posted in Business |

Brazilian firm to invest $9 bn in projects around the world


March 14th, 2011 - 11:34 am ICT by IANS
Brasilia, March 14 (IANS/EFE) Brazilian mining giant Vale plans to invest $9 billion in about a dozen countries around the world through 2014, the O Globo newspaper reported, citing company ... Read more...

Posted in Business |

Prada eyes Hong Kong stock market for first public listing


January 28th, 2011 - 12:09 pm ICT by IANS
Milan, Jan 28 (IANS/AKI) Leading Italian fashion house Prada said Thursday it had chosen the Hong Kong bourse to make an initial public offering. The Intesa Sanpaolo, Credit Agricole and Goldman Sachs ... Read more...

Posted in Life Style |

Black Eyed Peas in legal soup over ‘I Gotta Feeling’, ‘Boom Boom Pow’


October 30th, 2010 - 4:20 pm ICT by ANI
New York, Oct 30 (ANI): The musicians who claim that the Black Eyed Peas stole material for their hit songs "I Gotta Feeling" and "Boom Boom Pow" has slapped the group with ... Read more...

Posted in Entertainment |

Sensex closes 94 points lower, Wipro loses on poor results (Roundup)


October 22nd, 2010 - 6:10 pm ICT by IANS
Mumbai, Oct 22 (IANS) A benchmark index of Indian equities closed 94 points lower Friday with selling pressure intensifying in frontline stocks, erasing most of the gains from earlier sessions.The ... Read more...

Posted in Business |

HDFC Bank net profit rises 32.7 percent


October 19th, 2010 - 7:16 pm ICT by IANS
Mumbai, Oct 19 (IANS) India's second largest private lender HDFC Bank Tuesday reported a 32.7 percent rise in net profits at Rs.912.1 crore for the quarter ended Sep 30.Net revenues of the ... Read more...

Posted in Business |

L&T quarterly net profit rises 32 percent


October 18th, 2010 - 3:20 pm ICT by IANS
Mumbai, Oct 18 (IANS) Engineering and construction major Larsen and Toubro (L&T) Monday reported a 32 percent rise in net profits at Rs.765 crore for the quarter ended Sep 30, compared to ... Read more...

Posted in Business |

Airline industry’s second quarter net profit $4.4 bn: IATA


October 4th, 2010 - 7:44 pm ICT by IANS
New Delhi, Oct 4 (IANS) The International Air Transport Association (IATA) Monday reported a net profit of $4.4. billion for the international airlines sector and outlined a positive growth trajectory for the ... Read more...

Posted in Business |

Tata Motors boosts profits with demand for JLR’s


August 11th, 2010 - 6:43 pm ICT by ANI
London, Aug 11 (ANI): The rising global demand for cars coming out of the Birmingham-based Jaguar Land Rover (JLR) division is helping Indian owner Tata Motors back into profit.According to The Independent, ... Read more...

Posted in Business |

Reliance Industries net up 32 percent


July 27th, 2010 - 8:24 pm ICT by IANS
Mumbai, July 27 (IANS) India's largest private sector company Reliance Industries (RIL) Tuesday reported a 32.3 percent increase in net profits at Rs.4,851 crore ($1.03 billion) for the quarter ended June, its ... Read more...

Posted in Business |

SAIL fourth quarter net rises 40 percent


May 28th, 2010 - 4:39 pm ICT by IANS
Mumbai, May 28 (IANS) Steel Authority of India (SAIL) Friday reported a 40.37 percent rise in net profit at Rs.2,084.9 crore for the quarter ended March 31, 2010 over Rs.1,485.2 crore logged ... Read more...

Posted in Business |

Reliance ADAG’s 3 firms post PAT growth in 2009-10


May 15th, 2010 - 7:57 pm ICT by IANS
New Delhi, May 15 (IANS) Three companies of the Reliance Anil Dhirubhai Ambani Group (ADAG) Saturday announced their annual results for the 2009-10 financial year, each of them reporting a growth in ... Read more...

Posted in Business |

State Bank of India profits for the first time in three years


May 15th, 2010 - 5:19 pm ICT by ANI
Kolkata, May 15 (ANI): The State Bank of India (SBI) has registered a 32 per cent drop in the net profits in the fourth financial quarter (Q4), which ended on March ... Read more...

Posted in National |

Sensex slides, pressure on RIL, SBI (Lead)


May 14th, 2010 - 4:13 pm ICT by IANS
New Delhi, May 14 (IANS) A benchmark Indian equities index slid into the red in afternoon trade Friday due to selling of heavyweights Reliance Industries and the State Bank of India. ... Read more...

Posted in Business |

Emirates Group posts 248 percent increase in profits


May 13th, 2010 - 3:38 pm ICT by IANS
Dubai, May 13 (IANS/WAM) The Emirates Group's net profits increased 248 percent to 4.2 billion UAE dirhams ($1.1 billion) during the financial year 2009-10. The figures were revealed in its 2009-10 annual report ... Read more...

Posted in Business |

Suzuki profits up for full year


May 10th, 2010 - 4:51 pm ICT by IANS
Tokyo, May 10 (DPA) Japan's Suzuki Motor Corp said Monday its fourth-quarter net profit almost doubled year-on-year, as the carmaker profited from consumers switching to smaller cars. Suzuki, Japan's forth-biggest carmaker, is ... Read more...

Posted in Business |

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