Business News

Last updated: Thursday, August 28, 2014 2:06:14 PM

Indiabulls to set up power plant in Madhya Pradesh
New Delhi, July 30 (IANS) Indiabulls Power Services Ltd, a wholly-owned subsidiary of Indiabulls Real Estate Ltd, Wednesday announced that it has signed an agreement with the Madhya Pradesh government to set up a 2,640-MW power project in the state.

Wednesday, July 30, 2008 9:41:01 PM

Tata Communications records Rs.983 mn net profit
Mumbai, July 30 (IANS) Tata Communications Ltd, part of the $55 billion Tata group, Wednesday announced a net profit of Rs.983 million ($23.4 million) for the first quarter of 2008-09 against Rs.1.29 billion of the year-ago period.

Wednesday, July 30, 2008 9:40:47 PM

Usha Martin net profit up 73 percent
Kolkata, July 30 (IANS) Speciality steel and wire rope manufacturer Usha Martin Ltd Wednesday announced a net profit of Rs.650.8 million ($15.5 million) for the first quarter of the current fiscal, compared to Rs.376.8 million over the same period last year, an increase of 73 percent.

Wednesday, July 30, 2008 9:17:16 PM

Greenpeace campaigns in Chandigarh for fuel efficent cars
Chandigarh, July 30 (IANS) International environment NGO Greenpeace conducted a campaign here Wednesday, asking people to sign a declaration that urges the government to make it mandatory for automobile manufacturers to produce only fuel-efficient cars.

Wednesday, July 30, 2008 9:16:56 PM

Mahindra and Mahindra posts Rs.1.59 bn net profit
Mumbai, July 30 (IANS) Auto major Mahindra and Mahindra Wednesday announced a net profit of Rs.1.59 billion ($37.85 million) for the first quarter of 2008-09 compared to Rs.779 million over the same period last fiscal.

Wednesday, July 30, 2008 9:01:02 PM

Industry disappointed at WTO failure, but backs India's stand
New Delhi, July 30 (IANS) India Inc Wednesday expressed disappointment over the collapse of Doha Round negotiations on world trade in Geneva, but backed the government's firm stand on trade issues.

Wednesday, July 30, 2008 8:56:00 PM

Adlabs Cinemas launches audience research
Mumbai, July 30 (IANS) Adlabs Cinemas, part of the Anil Dhirubhai Ambani Group (ADAG), Wednesday announced that it has initiated a study on the demographic patterns of the Indian movie-going audience, their cinema habits and exposure to the media.

Wednesday, July 30, 2008 8:55:43 PM

62 MoUs worth Rs.880 billion signed at two-day Investors meet
Gwalior, July 30 (IANS) Sixty-two deals worth Rs.88,000 crore (Rs.880 billion) were signed in the two-day investors' meet that concluded here Wednesday, officials said.

Wednesday, July 30, 2008 8:46:49 PM

RPG to close 10 percent of Spencer's stores
Kolkata, July 30 (IANS) The RPG Group has decided to close down around 10 percent of the 410 outlets of its retail arm Spencer's across India citing low revenues and 'very high rents'.

Wednesday, July 30, 2008 8:43:48 PM

Reliance Capital net profit up five percent
Mumbai, July 30 (IANS) The Anil Dhirubhai Ambani Group (ADAG)-promoted Reliance Capital Ltd (RCL) Wednesday announced a consolidated net profit of Rs.3.43 billion ($81.67 million) for the first quarter of 2008-09 compared to Rs.3.25 billion over the corresponding period last year, recording a growth of five percent.

Wednesday, July 30, 2008 8:03:57 PM

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