Business News

Last updated: Monday, May 25, 2015 9:52:12 AM

Nirmala Sitharaman to lead business delegation to Algeria
New Delhi, May 23 (IANS) Commerce Minister Nirmala Sitharaman will lead a business delegation to Algeria from May 26 to June 1, 2015, a FICCI statement said here on Saturday.

Saturday, May 23, 2015 3:40:03 PM

Indian designers to give global face to Banarasi weaves
New Delhi, May 23 (IANS) Age-old Banarasi weaves from Varanasi, Prime Minister Narendra Modi's constituency, are poised for a facelift, courtesy a string of high-end Indian designers who are hoping to put their forces behind improving the livelihood of skilled workers and forging the global popularity of the fabric as a Make In India product.

Saturday, May 23, 2015 1:26:12 PM

Ceat's net profit up by 50 percent during Q4
Kolkata, May 22 (IANS) RPG Group owned tyre maker Ceat on Friday said its net consolidated net profit during the fourth quarter of 2014-15 rose by over 50 percent at Rs.93.91 crore against Rs 62.42 crore during the same period in 2013-14.

Friday, May 22, 2015 11:40:03 PM

Lupin to replace Tata Power in BSE Sensex from June 22
Kolkata, May 22 (IANS) Drug major Lupin will be replacing integrated power company, Tata Power Co Ltd in the S&P BSE Sensex from June 22.

Friday, May 22, 2015 11:26:17 PM

Strong leadership, well-capitalised institutions needed: Rajan
Chennai, May 22 (IANS) There is a need for stronger political leadership globally and better capitalised multilateral institutions for widespread legitimacy, RBI Governor Raghuram Rajan said on Friday.

Friday, May 22, 2015 10:58:02 PM

Rajasthan High Court bars new 4G towers
Jaipur, May 22 (IANS) The Rajasthan High Court on Friday ordered all base towers for fourth generation (4G) telecom services erected without permission from the city authorities to be removed. Reliance Jio, the respondents, said their towers meet and exceed all the norms.

Friday, May 22, 2015 9:22:10 PM

ITC net profit up by 8.6 percent in 2014-15
Kolkata, May 22 (IANS) Kolkata-based diversified group, ITC on Friday said its net consolidated profit during 2014-15 rose by 8.62 percent at Rs.9,765.63 crore compared to Rs.8,990.62 crore in 2013-14.

Friday, May 22, 2015 9:10:04 PM

SBI applies for two more managing director posts
Kolkata, May 22 (IANS) The nation's largest commercial bank, State Bank of India (SBI), which is undergoing restructuring, on Friday said it has applied to authorities for creating two more posts of managing director.

Friday, May 22, 2015 9:04:03 PM

Insider trading charge: Murugappa Group chairman steps aside
Chennai, May 22 (IANS) After being charged by Securities and Exchange Board of India (SEBI) with insider trading, A. Vellayan has stepped aside as the executive chairman of the Murugappa Group board and chairman of Coromandel International Ltd, a statement said.

Friday, May 22, 2015 9:02:08 PM

SBI to hold loan defaulter's week May-end
Kolkata, May 22 (IANS) The country's largest commercial bank, State Bank of India (SBI) said on Friday that it will be holding a resolution week from may 25 for its genuine loan defaulters where they can arrive at an amicable solution with the bank.

Friday, May 22, 2015 9:00:03 PM

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