Business News

Last updated: Monday, August 29, 2016 6:42:06 PM

Gopalakrishna Raju sent to police custody for two days
Hyderabad, Jan 29 (IANS) A city court Thursday dismissed the bail petition of Gopalakrishna Raju, an accused in the Satyam fraud, and sent him to police custody for two days.

Thursday, January 29, 2009 8:53:55 PM

Usha Martin plans to cut steel production cost from March
Kolkata, Jan 29 (IANS) Speciality steel and wire rope producer Usha Martin is planning to scale down cost of steel production from March, aimed at increasing its operating margin, a top company official said here Thursday.

Thursday, January 29, 2009 8:27:36 PM

McLeod Russel net profit up 61.5 percent
Kolkata, Jan 29 (IANS) Tea plantation major McLeod Russel Thursday said its net profit rose 61.5 percent to Rs.485.9 million (Rs.48.59 crore/$10 million) in the quarter ended Dec 31 from Rs.300.9 million a year ago.

Thursday, January 29, 2009 8:04:04 PM

'India will maintain 7 percent growth'
New Delhi, Jan 29 (IANS) The Indian economy will grow at 7 percent in the current fiscal, External Affairs and stand-in Finance Minister Pranab Mukherjee said here Thursday.

Thursday, January 29, 2009 7:26:18 PM

India's growth will retard, debate only over quantum
New Delhi, Jan 29 (IANS) Leading think tanks, institutions and policymakers Thursday came out with their own projections of India's growth rate but with one common thread - the country's economic expansion will be sharply lower than 9.1 percent logged last fiscal.

Thursday, January 29, 2009 7:14:38 PM

Work on GMR's Chhattisgarh project to begin by September
Raipur, Jan 29 (IANS) GMR Energy will begin construction work on its ambitious, albeit contentious, 1,200 MW Chhattisgarh power project by September, a top company official said Thursday.

Thursday, January 29, 2009 7:03:51 PM

Air Arabia slashes fares on Bangalore-Sharjah route
Bangalore, Jan 29 (IANS) Air Arabia Thursday announced new fares for its Bangalore -Sharjah route, starting from Rs.1,340, exclusive of taxes.

Thursday, January 29, 2009 6:49:10 PM

Court adjourns hearing on SEBI plea on Satyam fraud
Hyderabad, Jan 29 (IANS) The Andhra Pradesh High Court Thursday adjourned to Friday hearing on a petition by the market regulator Securities and Exchange Board of India (SEBI) seeking permission to record statements of disgraced Satyam Computer founder B. Ramalinga Raju and his brother B. Rama Raju in the Rs.70 billion fraud.

Thursday, January 29, 2009 6:30:39 PM

Bharat Petroleum's third quarter profit up 172 percent
New Delhi, Jan 29 (IANS) State-run refiner Bharat Petroleum Corp Ltd (BPCL) Thursday announced 172 percent rise in net profit for the quarter ended Dec 31 over the year-ago period.

Thursday, January 29, 2009 6:24:36 PM

Government approves six-laning of nine highways
New Delhi, Jan 29 (IANS) The Cabinet Committee on Economic Affairs has approved a Rs.182.38-billion (Rs.18,238-crore) project for the six-laning of nine existing four-lane national highways.

Thursday, January 29, 2009 5:40:50 PM

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