Business News

Last updated: Wednesday, July 27, 2016 4:28:06 PM

Infosys projects 5.4 percent revenue decline for third quarter
Bangalore, Oct 9 (IANS) Infosys Technologies Ltd has projected revenue of Rs.54.76 billion (Rs.5,476 crore) for the third quarter (October-December) of this fiscal (2009-10), indicating a decline of 5.4 percent year-on-year (YoY) as per the Indian accounting standard.

Friday, October 09, 2009 10:02:16 AM

Infosys net up 7.5 percent in second quarter
Bangalore, Oct 9 (IANS) Infosys Technologies Ltd. posted net profit of Rs.15.40 billion (Rs.1,540 crore) for the second quarter (July-Sep) of this fiscal, registering 7.5 percent year-on-year (YoY) growth as per the Indian accounting standard.

Friday, October 09, 2009 9:42:39 AM

Infosys, Biocon to build houses for flood-hit in Karnataka
Bangalore, Oct 8 (IANS) India's IT bellwether Infosys Technologies Ltd and biotechnology major Biocon Ltd pledged to re-build around 6,000 houses at a cost of Rs.60 crore for the flood-affected people of north Karnataka, Chief Minister B.S. Yeddyurappa said Thursday.

Thursday, October 08, 2009 10:53:03 PM

Apex court allows limited mining in Aravali ranges
New Delhi, Oct 8 (IANS) The Supreme Court Thursday agreed to allow mining of building materials in 600 hectares of the Aravali ranges in Haryana, if the state government sets up a fool-proof mechanism to recuperate land degraded by the activity.

Thursday, October 08, 2009 9:07:02 PM

Draft paper on new tax regime by October-end
New Delhi, Oct 8 (IANS) The government is likely to release a draft paper on Goods and Service Tax (GST) by October-end to facilitate implementation of the new tax regime by April 1 next year.

Thursday, October 08, 2009 8:20:55 PM

Steel Authority sales up 14 percent
New Delhi, Oct 8 (IANS) State-run Steel Authority of India Ltd (SAIL) Thursday said it registered sales of over 3 million tonnes in the second quarter this fiscal, a growth of 14 percent.

Thursday, October 08, 2009 8:08:55 PM

Treaty will lead to more investment in India: US envoy
New Delhi, Oct 8 (IANS) The completion of the bilateral investment treaty by India and the US will lead to increased investment by American companies in infrastructure sectors, US Ambassador Timothy J. Roemer said here Thursday.

Thursday, October 08, 2009 8:01:52 PM

Satluj Jal Vidyut declares Rs.320 crore as dividend
Shimla, Oct 8 (IANS) Hydropower major Satluj Jal Vidyut Nigam that owns and operates the 1,500-MW Nathpa-Jhakri project in Himachal Pradesh has declared a dividend of Rs.320 crore for 2008-09.

Thursday, October 08, 2009 8:00:11 PM

Bharti Axa General resets its business focus on villages
Chennai, Oct 8 (IANS) Private non-life insurer Bharti Axa General Insurance Company Ltd has decided to focus on personal lines of business, targeting people in rural and semi-urban areas, instead of its earlier plan of pitching for corporate business.

Thursday, October 08, 2009 7:53:14 PM

Commonwealth inspection leads to traffic snarls
New Delhi, Oct 8 (IANS) Thursday's tour of the Indian capital by Commonwealth delegates seeking to assess the state of preparedness for the mega event a year away led to traffic jams -- and frayed tempers too.

Thursday, October 08, 2009 7:51:13 PM

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