Business News

Last updated: Monday, April 21, 2014 7:28:07 PM

'Four-year undergrad programmes need of the hour'
New Delhi, April 17 (IANS) Ashoka University, a philanthropic higher-education initiative of a group of entrepreneurs and business leaders, is set to open its doors in August with four-year undergraduate programmes in the liberal arts. Similar term courses in Delhi University have led to widespread resentment and criticism.

Thursday, April 17, 2014 3:00:04 PM

Rupee falls to 60.50 against dollar on oil demands
Mumbai, April 17 (IANS) The Indian rupee fell to 60.50 against a US dollar Thursday, registering decline for the fourth straight session on high demands for the greenback from oil importers.

Thursday, April 17, 2014 2:30:09 PM

HCL Technologies' Q3 net up
New Delhi, April 17 (IANS) IT services exporter HCL Technologies posted 59 percent increase in net profit in the quarter ended March 31, a company statement said here Thursday.

Thursday, April 17, 2014 1:04:04 PM

Sensex surges over 200 points during pre-noon trade
Mumbai, April 17 (IANS) A benchmark index of Indian equities markets surged 202.71 points or 0.91 percent during the pre-noon trade Thursday.

Thursday, April 17, 2014 12:14:05 PM

CAG can audit telecom operators: SC
New Delhi, April 17 (IANS) The Supreme Court Thursday said the national auditor CAG can audit telecom operators.

Thursday, April 17, 2014 11:36:20 AM

TCS posts robust net profit for quarter, fiscal
Mumbai, April 16 (IANS) India's largest software exporter, Tata Consultancy Services, (TCS) Wednesday reported a record net profit of Rs.5,297 crore for the fourth quarter (January-March) of 2013-14, registering 52 percent year-on-year (YoY) growth and 2.3 percent sequentially, as per Indian accounting standards.

Wednesday, April 16, 2014 9:50:04 PM

Order for release on interim bail unworkable: Subrata Roy to SC
New Delhi, April 16 (IANS) Sahara Group chief Subrata Roy Wednesday told the Supreme Court that its order sending him to judicial custody and the conditions to secure his release on interim bail was "unworkable".

Wednesday, April 16, 2014 9:02:11 PM

Complete drain de-silting work by May 15: Jung
New Delhi, April 16 (IANS) Delhi Lieutenant Governor Najeeb Jung Wednesday instructed senior state officials and municipal commissioners to finish de-silting of drains by May 15 and buckle up before the monsoon sets in.

Wednesday, April 16, 2014 8:34:04 PM

Diesel under-recovery falls to Rs.5.49/litre
New Delhi, April 16 (IANS) The under-recovery, or revenue loss, on diesel for the second fortnight effective April 16 has been pegged lower at Rs.5.49 per litre from Rs.5.93 during the first fortnight of the month, the petroleum ministry said Wednesday.

Wednesday, April 16, 2014 8:04:05 PM

TCS net up 38 percent for fiscal 2013-14
Mumbai, April 16 (IANS) Indian IT bellwether Tata Consulting Services (TCS) posted a net profit of Rs.19,117 crore for fiscal 2013-14, registering a 38 percent year-on-year (YoY) growth as per Indian accounting standards.

Wednesday, April 16, 2014 7:24:04 PM

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