Business News

Last updated: Sunday, January 25, 2015 9:28:04 PM

MMTC second quarter net up 30 percent
New Delhi, Oct 31 (IANS) Public sector trading major MMTC Friday said its net profit has grown 30.32 percent at Rs.487.8 million for the second quarter ended Sep 30 against Rs.374.3 million in the corresponding period last year.

Friday, October 31, 2008 6:18:39 PM

Aviation fuel price likely to come down further
New Delhi, Oct 31 (IANS) Aviation fuel costs will come down by Rs.6,000 per kilolitre when oil prices are revised Saturday, a top official of an oil major indicated Friday.

Friday, October 31, 2008 6:18:12 PM

Redpill Solutions launches operations in India
Chennai, Oct 31 (IANS) Singapore-based customer management consulting company RedPill Solutions has launched its services in India and said it will target sectors like banking, telecom, retail and hospitality.

Friday, October 31, 2008 6:08:18 PM

Average Indian spends just Rs.440 on food per month
New Delhi, Oct 31 (IANS) An Indian spends just Rs.440 or less than $10 per month on food, says a government survey released here Friday.

Friday, October 31, 2008 6:03:13 PM

CPI-M opposes hiking foreign capital ceiling in insurance
New Delhi, Oct 31 (IANS) The Communist Party Of India-Marxist (CPI-M) Friday disapproved of the central government's decision to raise the ceiling for foreign capital entry into the Indian insurance sector.

Friday, October 31, 2008 5:15:14 PM

Hindalco Industries second quarter net up 12 percent
New Delhi, Oct 31 (IANS) Hindalco Industries, the Aditya Birla group flagship company, Friday said its net profit for the second quarter increased by 12.03 percent to Rs.7.2 billion, against Rs.6.43 billion in the corresponding period last year.

Friday, October 31, 2008 5:12:59 PM

Ranbaxy posts Rs.49 mn global operating loss
Gurgaon, Oct 31 (IANS) India's largest drug maker Ranbaxy Laboratories posted a global operating loss of Rs.49 million ($1.01 million) in the third quarter ended Sept 30, down 103 percent from an operating profit of Rs.1.62 billion ($36 million) that the company earned in the comparable period last year, top company officials said here Friday.

Friday, October 31, 2008 5:12:26 PM

Indian Oil posts Rs.70 bn loss
New Delhi, Oct 31 (IANS) India's largest oil marketing company, the state-run Indian Oil Corp, has slipped into the red in the second quarter due to the depreciation of the rupee and falling petroleum product prices.

Friday, October 31, 2008 5:10:50 PM

Tata Motors net dips 34.1 percent, volumes hit
Mumbai, Oct 31 (IANS) Commercial and passenger vehicles manufacturer Tata Motors Friday reported it has posted second quarter profits of Rs.3.47 billion (around $77.11 million), a fall of 34.1 percent when compared to the performance in the last corresponding quarter.

Friday, October 31, 2008 5:08:31 PM

Airtel revenue up 42 percent, touches Rs.90 bn
New Delhi, Oct 31 (IANS) Telecom major Bharti Airtel Friday said its consolidated revenue has grown 42 percent to Rs.90.2 billion (Rs.9,020 crore) in the quarter ended Sep 30.

Friday, October 31, 2008 4:35:01 PM

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