HT Media has reported decline of 57.78% at Rs 22.62 crore in its consolidated net profit for the fourth quarter ended March 31, 2012 as compared to Rs 53.58 crore in the same period previous fiscal. The ...

Mannapuram Finance has reported a jump of 83.65% in its net profit at Rs 186.96 crore for the quarter ended March 31, 2012 as compared to Rs 101.80 crore for the same quarter a year agoThe company’s total ...

Aditya Birla Group has agreed to make a financial investment of 27.5% in Living Media India, part of India Today Group, through its private investment company. According to few media reports, the company ...

Shriniwas Power and Infrastructure (formerly known as Concurrent (India) Infrastructure) has secured order worth Rs 81.25 crore from GTL. The contract is to be completed before January 2014.The scope of ...

According to the latest press release from the Reserve Bank of India (RBI), the country’s forex reserves decreased by $1.37 billion to $291.80 billion during the week ended May 11, 2012. The decrease in ...

Celebrity Fashions has been awarded for the Best SEZ (other than MSME: readymade garments) by Export Promotion Council for EOUs & SEZs by Minister of State for Commerce & Industry on May 17, 2012 at New ...

Tecpro Systems has secured contract worth Rs 83.7 crore from Kanti Bijlee Utpadan Nigam, a subsidiary of NTPC, for supply of ash handling system package for Muzaffarpur thermal power project, stage-II ...

Crude oil prices snapped a volatile session with large cuts of over a percent on the week’s last trading session and furthered the southward journey for the sixth time on the trot as exacerbating problems ...

The final cabinet note on the issue of allowing foreign airlines to buy upto 49% stake in domestic airline has been moved and it is expected that the government will soon take a view on it. It is also ...

India's biggest mortgage company, Housing Development Finance Corporation (HDFC)’s board has given approval for raising foreign institutional investors (FIIs) shareholding limit to 100 per cent. The move ...

BF Investment has reported results for fourth quarter and year ended March 31, 2012.On the standalone basis, the company has posted a rise of 132.90% in its net profit at Rs 17.98 crore for the quarter ...

Hindustan Oil Exploration Company has reported results for fourth quarter and year ended March 31, 2012.On the standalone basis, the company has posted a fall of 69.09% in its net profit at Rs 7.55 crore ...

Alok Industries has reported results for fourth quarter and year ended March 31, 2012. On the standalone basis, the company has posted a rise of 77.73% in its net profit at Rs 283.50 crore for the quarter ...

Intec Capital has reported results for fourth quarter and year ended March 31, 2012. On the standalone basis, the company has posted a rise of 265.93% in its net profit at Rs 3.33 crore for the quarter ...

In a bid to generate higher revenue, large chit funds in states like Andhra Pradesh, Kerala, Karnataka, New Delhi and Tamil Nadu are planning to branch out their business into financial product distribution ...

Falling international prices of iron ore and coking coal are expected to increase profit margins for domestic steel manufacturers by 3% in this financial year. However, it is expected that the margins ...

The government has set an export target of $350 billion for the next fiscal year and is optimistic of attaining the target inspite of gloomy economic condition. Minister of State for Commerce and Industry ...

Deepak Fertilisers & Petrochemicals Corporation has reported results for fourth quarter and year ended March 31, 2012.On standalone basis, the company has posted a fall of 13.73% in its net profit at Rs ...

It has been suggested that the government considers the option of exporting surplus wheat to deal with the problem of storage, which is expected to pose problems in the near future. A Committee headed ...

Bajaj Holdings & Investment has reported results for fourth quarter and year ended March 31, 2012.On the standalone basis, the company has posted a rise of 29.57% in its net profit at Rs 42.85 crore for ...

Jaiprakash Power Ventures, on the standalone basis, reported a fall of 59.93% in its net profit to Rs 6.78 crore for the fourth quarter ended March 31, 2012, against net profit of Rs 16.92 crore for the ...

Empower India has reported results for fourth quarter and year ended March 31, 2012.On standalone basis, the company has reported net loss of Rs 1.18 crore for the quarter ended March 31, 2012, against ...

Aurobindo Pharma has received final approvals from the US Food & Drug Administration (USFDA) to manufacture and market Clopidogrel Tablets USP 75mg, which is being launched.Clopidogrel Tablets USP 75mg ...

Gujarat Automotive Gears has reported results for fourth quarter and year ended March 31, 2012.On standalone basis, the company has posted a fall of 67.23% in its net profit at Rs 1.16 crore for the quarter ...

49% Foreign Direct Investment (FDI) in the aviation sector, which was on the back-burner for months now, could finally see the light of the day over next few weeks, as the government is reportedly waiting ...

In a bid to curb money laundering, Insurance Regulatory and Development Authority (IRDA) has banned players in insurance space from accepting premium payments in advance beyond 30 days. In this regard, ...

Retail inflation, as measured by the Consumer Price Index (CPI) has moved up to 10.36% in April 2012 as compared to 9.38% in March. Cost of living has also become more expensive for the urban consumer ...

State Bank of India, on the standalone basis, reported a 194 fold jump in its net profit to Rs 4050.27 crore for the fourth quarter ended March 31, 2012, against net profit of Rs 20.88 crore for the corresponding ...

Crude oil prices extended the declining streak for the fifth successive session, falling around a quarter percent on Thursday as disconcerting reports from both sides of Atlantic prompted investors to ...

According to the data released by NSE, the Foreign Institutional Investors (FIIs) were net sellers of Rs 32.50 crore in index futures and options segments on Thursday, May 17, 2012.FIIs were sellers of ...

Jaypee Infratech, a subsidiary of the Jaypee Group, has registered a rise of 39.69% in the net profit to Rs 349.30 crore for the fourth quarter ended March 31, 2012. The company had posted a net profit ...

Kothari Sugars and Chemicals has received credit rating certificate from Credit rating agency ICRA, who has assigned BBB rating to Kothari Sugars and Chemicals’ long term Debt Programme. The rating agency ...

Texmaco Rail & Engineering has signed a joint venture (JV) agreement with a French group-Touax Rail, a leading lease finance company, having vast expertise in the business of leasing out freight cars (Wagons) ...

State Bank of India (SBI), country’s largest public sector lender is likely to offer a loan of Rs 1,400 crore to Damodar Valley Corporation (DVC) to part-fund its 500-MW Bokaro Thermal Power Station (A) ...

Koutons Retail India is planning to mop up $200 million through issuing preferential shares to promoters and others. The company will raise the same through various routes such as preferential allotment, ...

Union Bank of India (UBI), country’s largest public sector lender has inaugurated its first UnionXperience branch to facilitate improved experience to its customers. The bank has located this branch at ...

Global telecommunications company, Bharti Airtel has slashed 3G services tariff rates by up to 70 per cent, thereby setting off battleground in the 3G space even as the industry appears to be crawling ...

Sundaram Clayton, one of the largest suppliers of aluminium die castings in the country has started production at its new plant in the auto hub of Oragadam, 45 km from Chennai. In the last month plant ...

Satyam Computer Services has reported results for fourth quarter and year ended March 31, 2012.On the standalone basis, the company has reported net profit of Rs 446.69 crore for the quarter ended March ...

Larsen & Toubro (L&T)’s subsidiary - L&T Construction’s Building and Factories IC has won new order worth Rs 2,592 crore during the first quarter of FY13. Of which, the company has bagged order worth Rs ...

Bajaj Auto is planning to begin commercial production of RE60, its mini four-wheeler commercial vehicle by end of FY’13 and will also launch the vehicle at the same time, targeting three wheeler customers.The ...

HCL Infosystems, India’s premier hardware, services and ICT systems integration and distribution company is likely to apply its technology solutions at Narayana Hrudayalaya chain of hospitals. This solution ...

Zee News has reported results for fourth quarter and year ended March 31, 2012.The company has reported net loss of Rs 4.35 crore for the quarter ended March 31, 2012, against net profit of Rs 3.99 crore ...

Premier (formerly Premier Automobiles) has signed three year pact with FIAT India Automobiles for supply of FIAT’s 1.3-litre multi-jet diesel engine to be used in Premier’s compact SUV Rio.Fiat will initially ...

Bajaj Finserv has received its board’s approval to raise fund up to Rs 1000 crore through issue of equity shares and / or securities convertible into equity shares, by way of a qualified institutions placement, ...

Bajaj Auto has reported results for fourth quarter and year ended March 31, 2012.On the standalone basis, the company has posted a fall of 44.87% in its net profit at Rs 772.0 crore for the quarter ended ...

The FIIs as per Thursday’s data were net sellers in equities while they were net buyers in debt segments, according to data released by the Securities and Exchange Board of India (SEBI).In equity segment, ...

Sri Adhikari Brothers Television Network has reported results for fourth quarter and year ended March 31, 2012.On the standalone basis, the company has reported net loss of Rs 3.70 crore for the quarter ...