Business News

Last updated: Tuesday, October 17, 2017 10:58:05 PM

Petrochemical cluster to be developed in West Bengal
New Delhi, Oct 29 (IANS) The central government Thursday signed an agreement with West Bengal to develop a Petroleum, Chemicals and Petrochemicals Investment Region (PCPIR) at Haldia in the state.

Thursday, October 29, 2009 7:17:01 PM

Reliance Industries net profit drops 6.4 percent
Mumbai, Oct 29 (IANS) The net profit of oil-to-petrochemicals major Reliance Industries (RIL) dropped 6.41 percent to Rs.3,852 crore (approximately $815 million) for the quarter ended Sep 30, compared to the Rs.4,116 crore it netted in the corresponding period last fiscal.

Thursday, October 29, 2009 7:07:41 PM

Government to announce new guidelines for road projects
Mumbai, Oct 29 (IANS) The government plans to execute mega road projects worth Rs.5,000 crore with new guidelines, Road Transport Minister Kamal Nath said here Thursday.

Thursday, October 29, 2009 7:01:08 PM

Advocate moves apex court against DTC fare hike
New Delhi, Oct 29 (IANS) A Delhi-based advocate Thursday moved the Supreme Court challenging the Delhi government's decision to hike bus fares, terming it 'unjustified'.

Thursday, October 29, 2009 6:52:35 PM

India announces $263-mn credit for Congo
New Delhi, Oct 29 (IANS) India Thursday said it will offer $263 million line of credit for three projects in the Democratic Republic of the Congo and also set up an IT excellence centre in the Central African country.

Thursday, October 29, 2009 6:19:35 PM

Vijay Bank net up 36 percent in second quarter
Bangalore, Oct 29 (IANS) State-run Vijaya Bank posted a net profit of Rs.108 crore for the second quarter this fiscal as against Rs.79 crore earned in the like period last fiscal, registering a 36 percent growth year-on-year (YoY).

Thursday, October 29, 2009 6:19:10 PM

'Buy and Make' category in new defence procurement rules
New Delhi, Oct 29 (IANS) With an eye to the indigenisation of India's defence industry, the new defence procurement procedure (DPP) would have a new category of 'Buy and Make (Indian)' under transfer of technology.

Thursday, October 29, 2009 5:53:51 PM

High gas price only profits Reliance Industries: Court
New Delhi, Oct 29 (IANS) The Supreme Court Thursday observed that the country will stand to gain if natural gas from the Krishna-Godavari basin is sold at a lower price, while Reliance Industries alone will benefit if the consideration is higher.

Thursday, October 29, 2009 5:49:55 PM

Reliance Industries net profit drops 6 percent
Mumbai, Oct 29 (IANS) The net profit of oil-to-petrochemicals major Reliance Industries (RIL) dropped 6.41 percent to Rs.3,852 crore (approximately $815 million) for the quarter ended Sep 30, compared to the Rs.4,116 crore it netted in the corresponding period last fiscal.

Thursday, October 29, 2009 5:46:55 PM

Cairn India net up 60 percent
Mumbai, Oct 29 (IANS) Energy firm Cairn India, which operates the Mangala crude oil fields in Rajasthan, Thursday said its net profit for the quarter ended Sep 30 rose 60 percent to Rs.469.5 crore after declining in the previous two quarters.

Thursday, October 29, 2009 5:39:27 PM

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