Business News

Last updated: Friday, May 29, 2015 10:50:02 AM

Task force to make India cyber security hub
New Delhi, May 25 (IANS) Indian IT industry body Nasscom and the Data Security Council of India on Monday set up a task force to make the country a global hub for providing cyber security solutions.

Monday, May 25, 2015 10:58:03 PM

Canara Bank net profit up 11 percent in 2014-15
Bengaluru, May 25 (IANS) State-run Canara Bank posted net profit of Rs.2,703 crore for 2014-15, registering 11 percent growth over Rs.2,438 crore in 2013-14.

Monday, May 25, 2015 9:00:04 PM

Essar Oil posts Rs.1,521 crore profit
Chennai, May 25 (IANS) Essar Oil Ltd on Monday said it closed last fiscal with a net profit of Rs.1,521 crore up from Rs.126 crore posted during 2013-14.

Monday, May 25, 2015 8:46:08 PM

Hindustan Motors posts Rs.41.9 crore loss
Mumbai, May 25 (IANS) Country's oldest but sick car maker Hindustan Motors Ltd on Monday said it closed last fiscal with revenue of Rs.15.10 crore and a loss of Rs.41.90 crore.

Monday, May 25, 2015 8:00:04 PM

Bombay Dyeing to sell processing unit for Rs.230 crore
Chennai, May 25 (IANS) Textiles major Bombay Dyeing and Manufacturing Company Ltd on Monday said it has decided to sell off its textiles processing unit to Delhi-based Oasis Procon for Rs.230 crore.

Monday, May 25, 2015 7:46:18 PM

India's key stock market index ends over 300 points down (Roundup)
Mumbai, May 25 (IANS) A benchmark index for Indian equities, the 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange, closed over 300 points or 1.00 percent down on Monday due to some poor corporate results and indications of a sooner-than-anticipated hike in US interest rates.

Monday, May 25, 2015 7:34:03 PM

Women's power extends beyond banking: Naina Lal Kidwai (IANS Interview)
New Delhi, May 25 (IANS) Women have broken through the glass ceiling not just in India's financial services space, holding top positions in top banks, but have also made a significant mark in a host of other industries, says Naina Lal Kidwai, executive director of HSBC Asia Pacific.

Monday, May 25, 2015 7:06:15 PM

'Odisha committed to Posco project'
Bhubaneswar, May 25 (IANS) Seeking to counter charges by union Commerce Minister Nirmala Sitharaman that the Odisha government was responsible for the uncertainty about the $12 billion Posco steel plant, state Steel and Mines Minister Prafulla Mallick on Monday said the government was committed to the project.

Monday, May 25, 2015 6:38:03 PM

Higher tax collections to help improve fiscal deficit: Jaitley
New Delhi, May 25 (IANS) Finance Minister Arun Jaitley on Monday said direct tax collections for the current financial year were likely to increase by 14-15 percent, enabling the government to improve upon its fiscal deficit target of 3.9 percent.

Monday, May 25, 2015 5:52:11 PM

Blaster Headphone: Simple looks, but sound companion (Tech Review)
New Delhi, May 25 (IANS) Creative Technology on Monday announced the launch of Ultra-Light Sound Blaster JAM, a Bluetooth headset which aims to compete with the already heated up sub-Rs.4,000 headphones segment.

Monday, May 25, 2015 5:50:04 PM

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