Business News

Last updated: Wednesday, August 24, 2016 6:06:04 PM

Birla Corporation completes RCCPL acquisition
Kolkata, Aug 22 (IANS) Birla Corporation Limited on Monday said it has completed acquisition of the entire cement business of Anil Ambani- controlled Reliance Infrastructure Limited (RIL) by acquiring 100 per cent equity shares of Reliance Cement Company Private Limited (RCCPL).

Monday, August 22, 2016 9:36:04 PM

HPCL net profit up 30% in Q1
Mumbai, Aug 22 (IANS) Hindustan Petroleum Corporation Ltd (HPCL) on Monday reported a 30 per cent rise in its net profit to Rs 2,098.38 crore in the quarter ended June 30 as compared to Rs 1,614.13 crore in the corresponding period last year.

Monday, August 22, 2016 9:22:04 PM

Bengal Chemicals narrows its losses, no shut-down plan
Kolkata, Aug 22 (IANS) Bengal Chemicals and Pharmaceuticals (BCPL) is not aware of any government plan to close it down and is, on the contrary, on a turnaround path, Managing Director P.M. Chandraiah asserted on Monday.

Monday, August 22, 2016 7:50:04 PM

Reliance Infra concludes sale of cement subsidiary
Mumbai, Aug 22 (IANS) Reliance Infrastructure, a part of the Anil Ambani-led group, on Monday said it has concluded a 100-per cent sale of its cement company to Birla Corp. The deal values the company's cement business at 4,800 crore, or Rs 140 per tonne, the company said.

Monday, August 22, 2016 6:28:08 PM

JK Tyre rolls out 10 millionth truck radial
Mysuru, Aug 22 (IANS) JK Tyre and Industries on Monday said it has become the first Indian company to roll out one crore truck radial tyres from its Vikrant plant here, a feat it has achieved 10 years after producing its millionth tyre from the facility.

Monday, August 22, 2016 5:32:04 PM

Redmi Note 3 highest shipped smartphone in India: IDC
New Delhi, Aug 22 (IANS) After selling 1.75 million units in just five months, Chinese smartphone-maker Xiaomi's Redmi Note 3 device has become the highest shipped smartphone in the history of India's online market in any given quarter, a new report claimed on Monday.

Monday, August 22, 2016 4:22:04 PM

Indian equity markets slip on negative global cues
Mumbai, Aug 22 (IANS) Indian equity markets were suppressed by negative global cues and a weak rupee during the mid-afternoon session on Monday.

Monday, August 22, 2016 3:42:04 PM

Gionee launches selfie-focussed smartphone in India
New Delhi, Aug 22 (IANS) Chinese smartphone-maker Gionee on Monday launched a new smartphone S6s in India that will help enhance the selfie experience of its customers.

Monday, August 22, 2016 2:26:04 PM

Embracing Cloud can help India master digital era: Oracle (IANS Interview)
New Delhi, Aug 22 (IANS) India is poised to become the world's leading market for Cloud, and for US software major Oracle, Cloud is a force-multiplier that the country must embrace to leapfrog into the digital era, a top company executive has said.

Monday, August 22, 2016 1:06:04 PM

CEA to modify standards of power plants
Kolkata, Aug 21 (IANS) With the integration of large scale renewable energy sources, the Central Electricity Authority is planning to modify the standards of the power plants and power equipment, CEA Chairman S.D. Dubey said on Sunday.

Sunday, August 21, 2016 12:22:04 PM

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