Business News

Last updated: Thursday, August 21, 2014 10:36:16 AM

RCom profit after tax Rs.15.12 bn in April-June
Mumbai, July 31 (IANS) Anil Dhirubhai Ambani Group (ADAG)-promoted Reliance Communication (RCom) has announced consolidated profit after tax (PAT) of Rs.15.12 billion compared to Rs.12.2 billion for the corresponding period in the previous year.

Thursday, July 31, 2008 6:22:02 PM

Srinivasan retires as petroleum secretary
New Delhi, July 31 (IANS) After six consecutive years in the petroleum ministry, M.S. Srinivasan retires Thursday as its Secretary.

Thursday, July 31, 2008 6:18:18 PM

India hopes global trade talks will resume soon
New Delhi, July 31 (IANS) India's Commerce Minister Kamal Nath Thursday hoped that the global trade talks would resume soon and said his position at the World Trade Organisation (WTO) had the backing of at least 100 developing nations.

Thursday, July 31, 2008 6:17:30 PM

Yes Bank hikes PLR by 50 bps to 17 percent
Mumbai, July 31 (IANS) Private lender Yes Bank has increased its prime lending rate (PLR) by 50 basis points (bps) to 17 percent effective Friday, a company statement Thursday said.

Thursday, July 31, 2008 3:47:36 PM

Insurance schemes for women, rural poor get Rs.15 bn
New Delhi, July 31 (IANS) The government Thursday released Rs.15 billion for augmenting two schemes of the Life Insurance Corporation (LIC) targeted at women and rural landless households.

Thursday, July 31, 2008 3:46:29 PM

Central Bank net profit down to Rs.593.20 million
Mumbai, July 31 (IANS) The state-owned Central Bank of India announced a net profit of Rs.593.20 million during the first quarter of the current fiscal against Rs.983.50 million for the corresponding period last year.

Thursday, July 31, 2008 3:46:12 PM

Rush for tax returns thins as e-filing gets popular
New Delhi, July 31 (IANS) With barely hours left to beat the July 31 deadline to file income tax returns, thousands of assessees and consultants queued up at the special collection centre in the capital Thursday, but not in the numbers seen in the past years, thanks to the provision of e-filing.

Thursday, July 31, 2008 3:42:00 PM

Federal Bank first quarter profit reaches Rs.681 mn
New Delhi, July 31 (IANS) Federal Bank Ltd has posted a net profit of Rs.681.5 million for the quarter ended June 30, as compared to Rs.669.4 million in the corresponding quarter last year, the company announced Thursday.

Thursday, July 31, 2008 3:18:26 PM

Aligarh Muslim University to run Islamic insurance course
Aligarh, July 31 (IANS) Aligarh Muslim University (AMU), which has decided to introduce a course in Islamic banking from the next academic session, will also offer separate courses in Islamic insurance and finance, a university official said Thursday.

Thursday, July 31, 2008 2:38:39 PM

Arvind Mills net profit declines 35 percent
Mumbai, July 31 (IANS) Textile manufacturer Arvind Mills Ltd announced a net profit of Rs.40 million during the first quarter this fiscal year, compared to Rs.60 million in the same period the previous year, a decline of 35 percent.

Thursday, July 31, 2008 2:37:22 PM

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