Business News

Last updated: Thursday, October 30, 2014 6:36:16 PM

Tech Mahindra's Q2 net jumps by 14 percent
Hyderabad, Oct 29 (IANS) Tech Mahindra, a leading software service firm, has posted a quarter-on-quarter growth of 14.1 percent in net profit during the second quarter ended September, at Rs.719.7 crore against Rs.630.7 crore in the previous quarter.

Wednesday, October 29, 2014 8:54:14 PM

Dr Reddy's Q2 net down by 17 percent
Hyderabad, Oct 29 (IANS) Pharmaceutical major Dr Reddy's Laboratories Limited has reported 17 percent decline in net profit during the second quarter ended September, at Rs.574.10 crore against Rs.690.25 crore in the corresponding quarter last year.

Wednesday, October 29, 2014 8:46:18 PM

Air India signs code share pact with Air Astana
New Delhi, Oct 29 (IANS) National carrier and Star Alliance member Air India has signed a free flow code-share agreement with Air Astana JSC, the flag carrier of Kazakhstan, an official statement said here Wednesday.

Wednesday, October 29, 2014 8:34:05 PM

Hero Electric launches AVIOR e-cycles in India
New Delhi, Oct 29 (IANS) Hero Electric, a flagship company of the Hero Eco Group, Wednesday launched its latest product, AVIOR e-cycles.

Wednesday, October 29, 2014 7:40:10 PM

Telecom industry gears up to tackle cyclone threat in Gujarat
New Delhi, Oct 29 (IANS) Private telecom companies have geared up to provide continuing mobile communication services to public with minimum disruption during the impending Gujarat cyclone.

Wednesday, October 29, 2014 7:32:17 PM

Special team to probe 627 Indians with foreign bank accounts (Roundup)
New Delhi, Oct 29 (IANS) The sealed envelope with the names of 627 Indians holding bank accounts overseas, against whom a probe is on to ascertain conformity with domestic tax laws, is to be passed on to a special team set up under the Supreme Court's direction.

Wednesday, October 29, 2014 7:26:19 PM

Moody's turns moody, posts negative outlook for Indian banks
Chennai, Oct 29 (IANS) Credit rating agency Moody's Investors Services (MIS) Wednesday gave a negative outlook for Indian banking system on the grounds that high leverage in the corporate sector could prevent meaningful recovery in asset quality.

Wednesday, October 29, 2014 7:12:34 PM

Business aircraft operators cry foul over new fleet norms
New Delhi, Oct 29 (IANS) The Business Aircraft Operators' Association of India has taken strong exception to a recent notice of the aviation regulator that sets the minimum fleet size for a non-scheduled airline company at three aircraft.

Wednesday, October 29, 2014 5:24:03 PM

LPG costlier by Rs.3 per cylinder
New Delhi, Oct 29 (IANS) The price of subsidised cooking gas, or LPG, has gone up by Rs.3 per cylinder following the government's decision to hike the commission paid to dealers.

Wednesday, October 29, 2014 4:08:04 PM

Dayanidhi Maran, others summoned in Aircel-Marxis deal case
New Delhi, Oct 29 (IANS) Former telecom minister Dayanidhi Maran was Wednesday summoned by a special court hearing the Aircel-Marxis deal, as part of the larger 2G spectrum allocation case, to appear before it March 2.

Wednesday, October 29, 2014 2:02:13 PM

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