Business News

Last updated: Monday, March 02, 2015 5:56:13 PM

With profits up, Sun TV proposes 50 percent dividend
Chennai, June 30 (IANS) Despite increasing competition in the Tamil satellite channel space, Sun TV Network closed the financial year 2007-08 with a turnover of Rs.8.61 billion and a net profit of Rs.3.66 billion - up from Rs.6.76 billion and Rs.2.68 billion respectively, posted the previous fiscal.

Monday, June 30, 2008 4:37:22 PM

West Bengal to introduce insurance for bus passengers
Kolkata, June 30 (IANS) In an innovative move, the West Bengal government is all set to introduce insurance benefits for the passengers of long-distance state transport buses.

Monday, June 30, 2008 4:24:28 PM

Market closes 340 points down
Mumbai, June 30 (IANS) The Indian equities market closed deep in red Monday.

Monday, June 30, 2008 4:24:10 PM

Pyramid Saimira increases turnover, profit but skips dividend
Chennai, June 30 (IANS) The city-based entertainment company Pyramid Saimira Theatre Ltd closed the 2007-08 fiscal with a revenue of Rs.7.49 billion and an after-tax profit of Rs.578.7 million.

Monday, June 30, 2008 3:32:40 PM

State Bank of Travancore hikes interest rates on deposits
Thiruvananthapuram, June 30 (IANS) State Bank of Travancore (SBT) Monday announced a 0.5 percent hike in interest rates for domestic term deposits and non-resident ordinary term deposits, with effect from Tuesday.

Monday, June 30, 2008 3:29:40 PM

Kalpataru to expand output on Rs.150 mn outlay
Gandhinagar, June 30 (IANS) The city-based Kalpataru Power Transmission Ltd, which early this month won the Dun and Bradstreet export excellence award, is augmenting its power transmission line capacity on an investment of Rs.150 million.

Monday, June 30, 2008 3:01:43 PM

Euro-2008 overtakes IPL euphoria merchandise sales
New Delhi, June 30 (IANS) Sports goods manufacturer Adidas said Monday that its merchandise sales during the just concluded Euro-2008 football tournament had exceeded that registered during the May-June Indian Premier League (IPL) cricket fest.

Monday, June 30, 2008 2:50:56 PM

Foreign toy companies eye growing Indian market
New Delhi, June 30 (IANS) The Rs.35 billion ($833 million) Indian toy industry accounts for just 0.5 percent of the global pie, but for top global firms like Mattel, Lego and Woolworth, this potentially big market is the one to focus on, stakeholders said at a major international fair here.

Monday, June 30, 2008 1:31:42 PM

Private buses off the roads in Chhattisgarh from midnight
Raipur, June 30 (IANS) Private bus operators in Chhattisgarh will launch an indefinite strike from Monday midnight after the state government rejected their proposal to hike fares by 50 percent following the fuel hike.

Monday, June 30, 2008 1:16:37 PM

Market trading with loss in afternoon trade
Mumbai, June 30 (IANS) The Indian equities market was trading with loss in afternoon trade Monday amidst volatility. Banking, realty and capital goods were under selling pressure.

Monday, June 30, 2008 12:53:40 PM

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