Business News

Last updated: Sunday, December 21, 2014 9:12:09 PM

Grasim industries posts marginal rise in net profit at Rs.67.18 bn
Mumbai, July 25 (IANS) Grasim Industries, flagship company of the Aditya Birla Group, has posted a marginal rise in net profit at Rs.67.18 billion for the quarter ending June 2008 as compared to Rs.66.96 billion for the corresponding period of the previous year.

Friday, July 25, 2008 2:49:05 PM

Himachal serves notice to Brakel on power project deal
Shimla, July 25 (IANS) After dilly dallying for more than a fortnight, the Himachal Pradesh government has finally served show-cause notice to Brakel Corp NV of Netherlands asking why a multimillion dollar hydro power project contract awarded to it should not be cancelled, a government official said Friday.

Friday, July 25, 2008 2:05:36 PM

Market trading with huge loss at afternoon trade
Mumbai, July 25 (IANS) The Indian equities market extended its loss in the afternoon trade with heavy selling pressure seen in banking and oil and gas stocks.

Friday, July 25, 2008 12:57:34 PM

Oil find beneath Fayed estate makes Harrods' boss rich
London, July 25 (IANS) Mohamed Fayed of Harrods has been awarded a share of the profits from three oil wells beneath his estate in Surrey, England.

Friday, July 25, 2008 10:56:55 AM

Markets trading with heavy loss at early trade
Mumbai July 25 (IANS) The Indian equities market opened on a mixed note Friday but slipped into red during early trade, mirroring weak global markets. Banking stocks were under heavy selling pressure at initial trade.

Friday, July 25, 2008 10:31:18 AM

Indian equities market opens on mixed note
Mumbai, July 25 (IANS) The 30-share benchmark sensitive index of the Bombay Stock Exchange opened Friday with a loss of 325.06 points at 14,451.95 points.

Friday, July 25, 2008 10:14:24 AM

GAIL, Bharat Petroleum sign accord
New Delhi, July 24 (IANS) Gas Authority of India Ltd (GAIL) and Bharat Petroleum Corp Ltd (BPCL) could set up a joint venture for city gas distribution, said GAIL managing director U.D. Choubey Thursday.

Thursday, July 24, 2008 8:29:24 PM

40 British students to soak in Indian business experience
Chennai, July 24 (IANS) As many as 40 British students will spend six weeks in India with leading companies to have a closer understanding of the business environment and culture of the country.

Thursday, July 24, 2008 8:12:14 PM

SCI to build country's largest container terminals
Kolkata, July 24 (IANS) Shipping Corporation of India (SCI) Ltd, India's shipping major, will build two of the country's largest container terminals - one each at Navi Mumbai and Ennore ports - said a top company official here Thursday.

Thursday, July 24, 2008 7:19:32 PM

India invites bids for 197 military helicopters
New Delhi, July 24 (IANS) India Thursday invited bids for 197 utility helicopters for the army and the air force Thursday, with the choppers expected to be inducted by 2010 in a deal that has been valued at Rs.30 billion ($750 million), an official said.

Thursday, July 24, 2008 7:17:36 PM

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