quarter ended march

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 |

Indian economy grows at a sluggish 5.5 percent in Q1 (Lead)


August 31st, 2012 - 3:36 pm ICT by IANS
New Delhi, Aug 31 (IANS) The Indian economy grew at a sluggish 5.5 percent in the first quarter of this fiscal in comparison to 8 percent in the corresponding quarter ... Read more...

Posted in Business |

Low cost tablets gain market share


August 12th, 2012 - 6:07 pm ICT by IANS
New Delhi, Aug 12 (IANS) Low-cost sleek tablets, some with exceptional features, have flooded the price-conscious Indian market in recent months, challenging expensive brands.According to Vishal Tripathi, principal research analyst, ... Read more...

Posted in Sci-Tech |

Don’t draw unwarranted conclusions, PM tells rating agencies


August 11th, 2012 - 3:38 pm ICT by IANS
New Delhi, Aug 11 (IANS) Prime Minister Manmohan Singh Saturday took international rating agencies to task for cutting India's growth forecast and asserted that the fundamentals of the economy ... Read more...

Posted in Business |

Chidambaram’s efforts will help revive growth: FICCI


August 7th, 2012 - 8:10 pm ICT by IANS
New Delhi, Aug 7 (IANS) Enthused by Finance Minister P. Chidambaram's assurance of fine-tuning policies, industry body FICCI Tuesday said this would help revive economic growth."It is quite obvious ... Read more...

Posted in Business |

Crisil cuts India’s growth forecast to 5.5 percent


August 7th, 2012 - 4:54 pm ICT by IANS
Mumbai, Aug 7 (IANS) Research and ratings agency Crisil Tuesday cut India's economic growth forecast to 5.5 percent for the 2012-13 financial year from its earlier estimate of 6.5 percent, ... Read more...

Posted in Business |

Economic growth will fall below 6 percent: Kaushik Basu


July 31st, 2012 - 6:35 pm ICT by IANS
New Delhi, July 31 (IANS) India's economic growth will fall below 6 percent in the first half of the current fiscal but would pick up thereafter and inflation would moderate ... Read more...

Posted in Business |

Indian economy to grow 6 to 6.5 percent in 2012-13: Montek


July 31st, 2012 - 3:39 pm ICT by IANS
New Delhi, July 31 (IANS) Indian economy is expected to grow by 6 to 6.5 percent in the current financial year and would take at least two years to reverse ... Read more...

Posted in Business |

RBI cuts growth forecast to 6.5 percent, warns on inflation


July 30th, 2012 - 8:28 pm ICT by IANS
Mumbai, July 30 (IANS) India's economic growth is likely to fall to 6.5 percent, inflation accelerate and fiscal deficit widen, the Reserve Bank of India said Monday, painting a gloomy ... Read more...

Posted in Uncategorized |

Don’t single out PM for economic woes: Ratan Tata


July 19th, 2012 - 4:17 pm ICT by IANS
New Delhi, July 19 (IANS) Tata Group Chairman Ratan Tata has come out in strong defence of Prime Minister Manmohan Singh, saying the architect of 1991 reforms should ... Read more...

Posted in Business |

Time terms Manmohan an underachiever (Second Lead)


July 8th, 2012 - 10:42 pm ICT by IANS
New Delhi, July 8 (IANS) Time magazine in a harsh critique of Prime Minister Manmohan Singh has termed him an "underachiever" - one who "seems unable to control his ... Read more...

Posted in Entertainment |

Time calls Manmohan an underachiever (Lead)


July 8th, 2012 - 5:35 pm ICT by IANS
New Delhi, July 8 (IANS) Prime Minister Manmohan Singh, who as India's finance minister in 1991 ushered in reforms that liberalized the economy, has been termed by Time magazine ... Read more...

Posted in Entertainment |

Time magazine terms Manmohan Singh underachiever


July 8th, 2012 - 4:46 pm ICT by IANS
New Delhi, July 8 (IANS) Time magazine has termed Prime Minister Manmohan Singh an "underachiever", flaying him for not acting decisively when the country's economy was slowing.The magazine features ... Read more...

Posted in Business |

Diana Tea eyes 10-15 percent turnover growth


June 23rd, 2012 - 10:27 pm ICT by IANS
Kolkata, June 23 (IANS) Diana Tea Company Limited (DTCL), an Aares Group company, Saturday said it is eyeing 10 percent to 15 percent increase in its turnover this year."Currently, our ... Read more...

Posted in Business |

India’s potential growth rate has come down: RBI


June 19th, 2012 - 8:55 pm ICT by IANS
Mumbai, June 19 (IANS) A day after keeping the key policy rates steady, the central bank Tuesday said India's potential of maintaining a high economic growth has come down."Potential growth ... Read more...

Posted in Business |

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 |

RIL to invest Rs.1 trillion in five years: Mukesh Ambani


June 7th, 2012 - 5:01 pm ICT by IANS
Mumbai, June 7 (IANS) Reliance Industries Limited (RIL) plans to invest nearly Rs.1 trillion ($18 billion) on expansion of its retail, petrochemical and telecom businesses in India over the next ... Read more...

Posted in Business |

Mahindra and Mahindra’s Q4 net up 44.17 percent


May 30th, 2012 - 9:20 pm ICT by IANS
Mumbai, May 30 (IANS) Mahindra and Mahindra Wednesday reported a 44.17 percent rise in net profit for the quarter ended March 31 at Rs.874.48 crore from Rs. 606.54 crore in ... 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 |

Sistema Shyam’s net loss narrows to Rs.528 crore


May 29th, 2012 - 8:43 pm ICT by IANS
New Delhi, May 29 (IANS) Telecom service provider Sistema Shyam Teleservices (SSTL) Tuesday said it has narrowed its net loss to Rs.528 crore during the quarter ended March 31.The company, ... Read more...

Posted in Business |

Reliance Communications posts Rs.332 crore net profit


May 28th, 2012 - 8:43 pm ICT by IANS
Mumbai, May 28 (IANS) India`s second-biggest telecom service provider Reliance Communications Monday reported a 78 percent increase in net profit at Rs.332 crore for the quarter ended March 31 against ... Read more...

Posted in Business |

Indian Oil posts Rs.12,670 crore quarterly net profit


May 28th, 2012 - 5:33 pm ICT by IANS
Mumbai, May 28 (IANS) The Indian Oil Corporation posted a massive increase in net profit at Rs.12,670 crore for the quarter ended March 31 against Rs.3,905 crore during the like ... Read more...

Posted in Business |

ITC quarterly net profit grows 26 percent


May 25th, 2012 - 9:16 pm ICT by IANS
New Delhi, May 25 (IANS) Diversified conglomerate ITC Friday posted a 26 percent rise in net profit at Rs.1,614 crore for the quarter ended March 31 against Rs.1,281.5 crore during ... Read more...

Posted in Business |

BHEL quarterly net profit rises 21 percent


May 23rd, 2012 - 4:49 pm ICT by IANS
Mumbai, May 23 (IANS) Bharat Heavy Electricals Ltd (BHEL) Wednesday posted a 21 percent increase in net profit at Rs.3,379.8 crore for the quarter ended March 31 against Rs.2,798 crore ... Read more...

Posted in Business |

Reliance Capital nets 329 crore profit in Jan-March quarter


May 19th, 2012 - 9:11 pm ICT by IANS
Mumbai, May 19 (IANS) Reliance Capital Saturday said it has posted Rs.329.32 crore ($65 million) profit in the January-March 2012 period as against Rs.6.46 crore loss during the corresponding quarter ... Read more...

Posted in Business |

SBI annual net profit surges nearly 42 percent (Lead)


May 18th, 2012 - 9:44 pm ICT by IANS
Kolkata/Mumbai, May 18 (IANS) India's biggest lender, the State Bank of India (SBI), Friday reported a 41.66 percent rise in net profit year-on-year to Rs.11,707 crore in 2011-12 fiscal ... Read more...

Posted in Business |

Sensex closes 80 points up, on SBI and rupee shows (Lead)


May 18th, 2012 - 6:58 pm ICT by IANS
Mumbai, May 18 (IANS) A benchmark index for Indian equities market recouped intra-day losses to close over 82 points up Friday. Good buying was seen in banks, FMCG and ... Read more...

Posted in Business |

SBI quarterly profit soars to Rs.4,050 crore


May 18th, 2012 - 4:36 pm ICT by IANS
Mumbai, May 18 (IANS) The country's largest lender State Bank of India (SBI) Friday reported a massive hike in net profit at Rs.4,050 crore for the quarter ended March ... Read more...

Posted in Uncategorized |

Mahindra Satyam net profit at Rs.534 crore


May 17th, 2012 - 9:10 pm ICT by IANS
New Delhi, May 17 (IANS) Leading IT service provider Mahindra Satyam Thursday posted a consolidated net profit of Rs.534 crore for the quarter ended March 31.The firm had posted a ... Read more...

Posted in Business |

Airtel ranked best operator by Nigerian telecom regulator


May 11th, 2012 - 3:55 pm ICT by IANS
New Delhi/Lagos, May 11 (IANS) Nigerian telecom regulator has ranked Indian telecom giant Bharti Airtel's Nigerian unit -- Airtel Nigeria -- as the best operator for good quality of service.Of ... Read more...

Posted in Sci-Tech |

Usha Martin Q4 net dips almost 60 percent


May 10th, 2012 - 8:49 pm ICT by IANS
Kolkata, May 10 (IANS) Leading wire rope and specialty steel manufacturer Usha Martin Ltd Thursday reported a 58.75 percent dip in its consolidated net profit to Rs.14.91 crore for the ... Read more...

Posted in Uncategorized |

Jubilant FoodWorks quarterly net profit rises 52 percent


May 10th, 2012 - 5:45 pm ICT by IANS
Mumbai, May 10 (IANS) Jubilant FoodWorks (JFL), which operates pizza vendor Domino's, Thursday posted an increase of 52 percent in net profit at Rs.29.3 crore for the quarter ended March ... Read more...

Posted in Uncategorized |

Canara Bank quarterly net profit declines 7.76 percent


May 10th, 2012 - 4:36 pm ICT by IANS
New Delhi, May 10 (IANS) Canara Bank Thursday posted a decline of 7.76 percent in net profit at Rs.829 crore for the quarter ended March 31 against Rs.898 crore during ... Read more...

Posted in Business |

Union Bank of India quarterly net profit up


May 9th, 2012 - 3:44 pm ICT by IANS
Mumbai, May 9 (IANS) Public sector lender Union Bank of India Wednesday reported 29 percent increase in net profit, at Rs.773 crore for the quarter ended March 31 against Rs.597.57 ... Read more...

Posted in Uncategorized |

Punjab National Bank quarterly net profit rises 18.6 percent


May 9th, 2012 - 2:55 pm ICT by IANS
Mumbai, May 9 (IANS) State-owned Punjab National Bank Wednesday posted 18.6 percent increase in net profit at Rs.1,424 crore for the quarter ended March 31 as against Rs.1,200.9 crore during ... Read more...

Posted in Business |

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