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Last updated: Thursday, May 26, 2016 8:08:03 PM

Reliance Industries also objects to 17-year gas supply tenure
New Delhi, Oct 22 (IANS) The Mukesh Ambani-led Reliance Industries Thursday told the Supreme Court that both the 17-year tenure for gas supply from Krishna-Godavari basin to younger sibling Anil Ambani's firm and the price of $2.34 per unit were unacceptable.

Thursday, October 22, 2009 3:46:02 PM

Piramal's second quarter net at $25.39 mn
Mumbai, Oct 22 (IANS) Healthcare firm Piramal Healthcare has posted a net profit of $25.39 million (Rs.114.22 crore) for the quarter ended Sep 30 as compared to $15.5 million (Rs.69.44 crore) earned in the like period last year, the company said Thursday.

Thursday, October 22, 2009 3:15:42 PM

India to fall short of power generation target
New Delhi, Oct 22 (IANS) Out of the 78,000 MW of capacity addition during the 11th Five-Year Plan, India will fall short by as much as 17 percent, a member of the country's top policy making body said Thursday.

Thursday, October 22, 2009 2:49:54 PM

Kobelco to set up excavator plant near Chennai
Chennai, Oct 22 (IANS) Japanese earthmoving equipment company Kobelco Construction Machinery will invest around Rs.46 crore ($9.85 million) to set up a hydraulic excavator factory in the Sri City industrial estate, 55 km from here.

Thursday, October 22, 2009 2:43:37 PM

Delhi's abattoir shut amid protests
New Delhi, Oct 22 (IANS) The raging five-year battle between the civic agency and meat trader associations in the national capital saw its final turn Thursday when the centuries old Eidgah slaughterhouse near the walled city was closed down on Supreme Court's directives.

Thursday, October 22, 2009 2:40:37 PM

Larsen and Toubro net up 26 percent
Mumbai, Oct 22 (IANS) The net profits of construction and engineering major Larsen and Toubro (L&T) rose 26 percent to Rs.580 crore ($124.92 million) in the quarter ended Sep 30, as compared to Rs.460 crore ($99 million) posted in the corresponding quarter last fiscal.

Thursday, October 22, 2009 2:34:39 PM

Sensex moves down further, 1.17 percent in red
Mumbai, Oct 22 (IANS) A key Indian equity index moved further into the red an hour before closing bell Thursday and was ruling 1.06 percent lower than its previous close owing to widespread selling pressure.

Thursday, October 22, 2009 2:33:50 PM

Biocon's second quarter net at $13.85 mn
Mumbai, Oct 22 (IANS) Bangalore-based biotech major Biocon posted a net profit of $13.85 million (Rs.62.36 crore) in the quarter ended Sep 30 compared to $7.45 million (Rs.33.5 crore) earned in the like period of the previous year, the company said in a filing Thursday.

Thursday, October 22, 2009 2:17:29 PM

United India logs nearly 18 percent growth
Chennai, Oct 22 (IANS) The city-based non-life insurer United India Insurance has logged a 17.55-percent growth in the first half this fiscal.

Thursday, October 22, 2009 1:33:04 PM

Inflation rate rises to 1.21 percent
New Delhi, Oct 22 (IANS) India's annual rate of inflation, based on wholesale prices, rose to 1.21 percent for the week ended Oct 10 from 0.92 percent the week before, data released Thursday showed.

Thursday, October 22, 2009 1:27:41 PM

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