Business News

Last updated: Saturday, August 27, 2016 8:36:04 PM

MMTC net profit falls 23 percent
Mumbai, July 30 (IANS) State-run trading firm MMTC Ltd Thursday posted a net profit of Rs.41.27 crore for the quarter ended June 30 as against Rs.53.76 crore in the like period last year, registering a fall of 23.2 percent.

Thursday, July 30, 2009 7:04:48 PM

Reliance Infrastructure net up 25 percent
Mumbai, July 30 (IANS) Power utility and infrastructure major Reliance Infrastructure, part of the Anil Dhirubhai Ambani Group, Thursday posted 25 percent increase in net profit to Rs.317 crore ($66 million) for the quarter ended June 30.

Thursday, July 30, 2009 6:59:49 PM

World's largest solar steam system comes up in Shirdi
Shirdi (Maharashtra), July 30 (IANS) Hindu and Muslim pilgrims visiting the shrine of Sai Baba in this town will be served food cooked with the help of a solar steam system, inaugurated by New and Renewable Energy Minister Farooq Abdullah Thursday, that officials say is the world's largest.

Thursday, July 30, 2009 6:39:35 PM

Printer sales up one percent last fiscal
New Delhi, July 30 (IANS) Despite the economic slowdown, printer sales in India grew one percent to 1.61 million units last fiscal as compared to the year before, an IT hardware manufacturers' lobby said Thursday.

Thursday, July 30, 2009 6:35:38 PM

Nestle India net up 33.8 percent
Mumbai, July 30 (IANS) Food products major Nestle India Thursday reported a 33.8 percent increase in net profit to Rs.162 crore for the quarter ended June 30 as compared to Rs.121 crore in the like period last fiscal.

Thursday, July 30, 2009 6:29:40 PM

Rs.1,000 bn for road development this fiscal: Kamal Nath
New Delhi, July 30 (IANS) The government will spend Rs.1 lakh crore (Rs.1,000 billion/$21 billion) this fiscal and an equal amount in subsequent years with a target of building 20 km of road every day, Minister for Road, Transport and Highways Kamal Nath said Thursday.

Thursday, July 30, 2009 5:57:48 PM

Short covering, profit booking help Sensex gain 214 points
Mumbai, July 30 (IANS) Buoyed by a good set of corporate earnings, a key index of the Indian equities markets Thursday closed 214 points higher than its last closing figure.

Thursday, July 30, 2009 5:37:15 PM

UCO Bank reports higher net profit
Kolkata, July 30 (IANS) State-owned UCO Bank posted a net profit of Rs.178.85 crore for the quarter ended June 30, compared to Rs.133.44 crore for the first quarter of the previous year.

Thursday, July 30, 2009 5:35:24 PM

Shirdi gets world's largest solar steam system
Nasik, July 30 (IANS) New and Renewable Energy Miniser Farooq Abdullah Thursday inaugurated a large solar steam system at the pilgrim town of Shirdi, some 90 km from here, which officials say is the world's largest that can generate 3,500 kg of steam every day - enough to cook food for 20,000 people.

Thursday, July 30, 2009 5:25:05 PM

India adds 11.9 mn subscribers in June
New Delhi, July 30 (IANS) India's telecom industry continued its robust growth story in June by adding 11.91 million new subscribers to take the total subscription base to 464.82 million, a government statement said Thursday.

Thursday, July 30, 2009 5:17:47 PM

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