Economic growth falls to 3-year low at 6.1 percent (Roundup)
February 29th, 2012 - 8:36 pm ICT by IANS
New Delhi, Feb 29 (IANS) India's economic growth slumped to a near three-year low of 6.1 percent in the quarter ended December due to poor performance of manufacturing and mining ... Read more...
Posted in Business |
GDP logs slowest quarterly growth in 3 years (Lead)
February 29th, 2012 - 3:18 pm ICT by IANS
New Delhi, Feb 29 (IANS) India's economy has logged its slowest pace of quarterly expansion in three years with gross domestic product (GDP) rising by a mere 6.1 percent in ... Read more...
Posted in Business |
GDP growth at 6.1 percent in December quarter
February 29th, 2012 - 2:04 pm ICT by IANS
New Delhi, Feb 29 (IANS) India's economy has logged its slowest pace of quarterly expansion in the recent past, with gross domestic product (GDP) rising by a mere 6.1 percent ... Read more...
Posted in Business |
Kingfisher cancels 30 flights, submits new schedule (Lead)
February 22nd, 2012 - 6:33 pm ICT by IANS
New Delhi, Feb 22 (IANS) Kingfisher Airlines cancelled around 30 flights in major metro cities across the country, forcing passengers to face another harrowing day Wednesday. Submitting to the ... Read more...
Posted in Business |
Tata Steel posts Rs.6 billion Q3 net loss
February 9th, 2012 - 11:42 pm ICT by IANS
Kolkata, Feb 9 (IANS) India's biggest steel maker Tata Steel Thursday reported a consolidated net loss of Rs 6.03 billion for the quarter ended December 2011, against a net profit ... Read more...
Posted in Business |
Uninor revenue rises, parent firm writes down investment
February 8th, 2012 - 9:07 pm ICT by IANS
New Delhi, Feb 8 (IANS) Uninor's revenue rose during the quarter ended December 2011 on an increased subscriber base while the parent company Telenor wrote down its investment of about ... Read more...
Posted in Business |
Srei Infra’s Q3 net slips by 51.8 percent
February 3rd, 2012 - 10:44 pm ICT by IANS
Kolkata, Feb 3 (IANS) Srei Infrastructure Finance Ltd, an infrastructure and construction equipment financing non-banking finance company (NBFC), Friday reported a 51.78 percent decline in its consolidated net profit for ... Read more...
Posted in Business |
UCO Bank’s Q3 net jumps 10 percent (Second Lead)
February 1st, 2012 - 9:04 pm ICT by IANS
Kolkata, Feb 2 (IANS) Public sector UCO Bank Wednesday reported a 10 percent jump in its net profit for the quarter ended December 2011 at Rs.3.33 billion from Rs.3.01 billion ... Read more...
Posted in Business |
UCO Bank’s Q3 net jumps 10 percent (Lead)
February 1st, 2012 - 7:27 pm ICT by IANS
Kolkata, Feb 1 (IANS) Public sector UCO Bank Wednesday reported a 10 percent jump in its net profit for the quarter ended December 2011 at Rs.3.33 billion from Rs.3.01 billion ... Read more...
Posted in Business |
UCO Bank’s Q3 net jumps 10 percent
February 1st, 2012 - 5:27 pm ICT by IANS
Kolkata, Feb 1 (IANS) Public sector UCO Bank Wednesday reported a 10 percent jump in its net profit for the quarter ended December 2011 at Rs.3.33 billion from Rs.3.01 billion ... Read more...
Posted in Business |
TVS Motor’s third quarter net profit up 1.39 percent
January 31st, 2012 - 5:53 pm ICT by IANS
Mumbai, Jan 31 (IANS) Two- and three-wheeler maker TVS Motor Tuesday reported a 1.39 percent rise in net profit for the quarter ending December at Rs.1,728.1 crore from Rs.1,437.02 crore ... Read more...
Posted in Business |
HDFC quarterly net profit rises 10 percent
January 12th, 2012 - 6:38 pm ICT by IANS
Mumbai, Jan 12 (IANS) India's largest home loan company Housing Development Finance Corporation (HDFC) Thursday reported a 10.1 percent jump in net profit at Rs.981.25 crore for the quarter ended ... Read more...
Posted in Business |
Mahindra Satyam posts 3 percent revenue growth in Q3
February 14th, 2011 - 9:06 pm ICT by IANS
Hyderabad, Feb 14 (IANS) Mahindra Satyam, formerly Satyam Computers, has posted three percent growth in its revenues for the third quarter ended December 2010.The revenues during the quarter were Rs.1,279 crore ... Read more...
Posted in Business |
MTNL Q3 loss drops to Rs.671.04 crore
February 11th, 2011 - 11:05 pm ICT by IANS
Mumbai, Feb 11 (IANS) State-run Mahanagar Telephone Nigam Ltd (MTNL) Friday posted a net loss of Rs.671.04 crore for the third quarter ended December 2010 against a net loss of Rs.919.97 crore ... Read more...
Posted in Business |
CESC sees 11 percent rise in profit before tax
February 10th, 2011 - 6:23 pm ICT by IANS
Kolkata, Feb 10 (IANS) RPG group company CESC Thursday reported an 11 percent rise in its profit before tax (PBT) to Rs.137 crore for the quarter ended December 2010. This is up ... Read more...
Posted in Business |
Bharti Airtel net slumps 41 percent on spectrum cost, margins (Lead)
February 2nd, 2011 - 3:02 pm ICT by IANS
New Delhi, Feb 2 (IANS) Telecom giant Bharti Airtel Wednesday reported a 41 percent decline in its net income for the quarter ended December 2010 at Rs.1,303.3 crore owing to weaker margins ... Read more...
Posted in Business |
DLF quarterly profit dips marginally
February 1st, 2011 - 3:27 pm ICT by IANS
Mumbai, Feb 1 (IANS) India's real estate firm DLF Tuesday reported a marginal decline in the net profit at Rs.465.67 crore for the quarter ended December 2010 as against Rs.467.89 crore during ... Read more...
Posted in Business |
HCL Infosystems Q3 net profit dips marginally
January 28th, 2011 - 10:05 pm ICT by IANS
New Delhi, Jan 28 (IANS) HCL Infosystems Ltd Friday reported a marginal decline of 0.19 percent in its net profit during the quarter ended December 2010 at Rs.55.98 crore as against Rs.56.09 ... Read more...
Posted in Business |
Hindustan Motors posts Rs.15.80 crore Q3 net profit
January 27th, 2011 - 8:49 pm ICT by IANS
Kolkata, Jan 27 (IANS) Hindustan Motors Ltd Thursday reported a net profit of Rs.15.80 crore during the quarter ended December 2010 as compared to loss of Rs 24.89 crore in the ... Read more...
Posted in Business |
Jaypee Infratech quarterly net profit falls 2.58 percent
January 25th, 2011 - 4:03 pm ICT by IANS
New Delhi, Jan 25 (IANS) Infrastructure major Jaypee Infratech Limited (JIL) has posted a decrease of 2.58 percent in net profit at Rs.378.51 crore during the quarter ended December 2010 as against ... Read more...
Posted in Business |
Idea Cellular quarterly net profit at Rs.243.05 crore
January 24th, 2011 - 9:26 pm ICT by IANS
Mumbai, Jan 24 (IANS) Telecom service provider Idea Cellular Monday said its consolidated net profit stood at Rs.243.05 crore during the quarter ended December 2010. The net profit for the same ... Read more...
Posted in Business |
HCL Technologies quarterly net profit rises 12 percent
January 19th, 2011 - 3:21 pm ICT by IANS
New Delhi, Jan 19 (IANS) HCL Technologies Wednesday reported an increase of 12 percent in the net profit at Rs.285.97 crore for the quarter ended December 2010 as compared to Rs.255.44 crore ... Read more...
Posted in Business |
Larsen and Toubro Q3 net profit up 10.77 percent
January 17th, 2011 - 8:52 pm ICT by IANS
Mumbai, Jan 17 (IANS) Engineering and construction major Larsen and Toubro Monday reported a 10.77 percent rise in the net profit at Rs.840.53 crore (about $180 million) for the third quarter ended ... Read more...
Posted in Business |
Economy may grow close to 8 percent in fourth quarter: Assocham
March 28th, 2010 - 12:57 pm ICT by IANS
New Delhi, March 28 (IANS) The Indian economy could grow close to 8 percent in the last quarter of the current fiscal, while the overall growth for the year could be between ... Read more...
Posted in Business |
Jet Airways posts profit in third quarter
January 25th, 2010 - 7:09 pm ICT by IANS
New Delhi, Jan 25 (IANS) Leading private carrier Jet Airways Monday announced net profit of Rs.105.8 crore for the quarter ended December 2009, while it suffered a net loss of Rs.214.18 crore.
In ... Read more...
Posted in Business |
Bharti Airtel records two percent profit in third quarter
January 22nd, 2010 - 6:05 pm ICT by ANI
New Delhi, Jan 22 (ANI): Bharti Airtel on Friday announced that its net income after taxes grew by over two percent in the third quarter.Telecom service provider Airtel reported a small rise ... Read more...
Posted in Business |
India’s external debt rose to $230.85 bn
March 31st, 2009 - 10:30 pm ICT by IANS
New Delhi, March 31 (IANS) India's total external debt rose to $230.85 billion at the end of December from $224.65 billion at September-end, the finance ministry said Tuesday.
"The total external debt marginally ... Read more...
Posted in Business |
iGATE joins fray to buy majority stake in Satyam
March 13th, 2009 - 12:57 pm ICT by IANS
New York, March 13 (IANS) Nasdaq listed IT and outsourcing solutions major iGATE Friday announced its interest in acquiring a 51-percent stake in scam-hit Indian firm Satyam Computer Services by registering for ... Read more...
Posted in World |
Punjab National Bank’’s third quarter profit zooms up by 85.8 percent
January 31st, 2009 - 2:22 pm ICT by ANI
New Delhi, Jan 31 (ANI): State-run Punjab National Bank (PNB) reported hefty increases in its quarterly profit, helped by treasury gains and rising net interest incomes.
This was disclosed by K C ... Read more...
Posted in Business |
Less jobs created in IT, hospitality, financial services: Assocham
January 22nd, 2009 - 6:07 pm ICT by IANS
New Delhi, Jan 22 (IANS) Job creation dipped 38 percent in three critical sectors in the quarter ended December 31, 2008, an industry lobby report released Thursday said.The Associated Chambers of ... Read more...
Posted in Business |
Polaris to double revenue from insurance vertical (Lead)
January 20th, 2009 - 8:14 pm ICT by IANS
Chennai, Jan 20 (IANS) The city-based banking software major Polaris Software Lab hopes to double its revenue to $40 million next year from insurance vertical following the acquisition of US-based insurance product ... Read more...
Posted in Uncategorized |
Polaris Software net profit rises 94 percent
January 20th, 2009 - 7:18 pm ICT by IANS
Chennai, Jan 20 (IANS) The net profits of Polaris Software rose 94 percent to Rs.371 million for the quarter ended December compared to Rs.191 million in the corresponding period last fiscal.The revenue ... Read more...
Posted in Uncategorized |
Software major Mindtree Limited posts 16.6 percent growth in Q3
January 19th, 2009 - 7:27 pm ICT by ANI
Bangalore, Jan.19 (ANI): Global IT company Mindtree Limited announced its results today for the third quarter ended December 31, 2008 as approved by its Board of Directors.
The company announced that its ... Read more...
Posted in Business |
ICICI allots shares under Employees Stock Option Scheme
March 14th, 2008 - 12:17 am ICT by admin
Mumbai, March 13 (IANS) India's biggest private lender ICICI Bank has allotted 7,525 equity shares of face value of Rs.10 each under the Employees Stock Option Scheme, 2000 (ESOS). The bank registered ... Read more...
Posted in Business |
Impressive performance by Triton Corp
February 1st, 2008 - 8:27 pm ICT by admin
New Delhi, Feb 1 (ANI-Business Wire India): Triton Corp Limited, a leading company, engaged in the business of IT and IT enabled services has posted a strong performance for the quarter ended ... Read more...
Posted in Business |