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Lakshmi Mittal (right), Chairman and CEO, ArcelorMittal, and CS.Verma, Chairman, SAIL, signing the MoU in
London on Thursday. Also seen is Aditya Mittal (left), CFO and CEO, ArcelorMittal Europe. - PTI
Lakshmi Mittal (right), Chairman and CEO, ArcelorMittal, and CS.Verma, Chairman, SAIL, signing the MoU in London on Thursday. Also seen is Aditya Mittal (left), CFO and CEO, ArcelorMittal Europe. - PTI

SAIL, ArcelorMittal ink pact for plant in India

Our Bureau

ArcelorMittal and Steel Authority of India Ltd have signed a memorandum of understanding... »

Companies often exaggerate their profits: survey

PTI

Most respondents say corrupt practices are widespread in business dealings »

ITC Q4 net up at Rs 2,361 cr; proposes Rs 6.25/share dividend

Jayanta Mallick

Diversified group ITC Ltd has reported a net profit of ₹2,361.18 crore for the fourth quart... »

Cipla to acquire 51% stake in Uganda’s Quality Chemicals

PTI

Drug major Cipla has inked a pact with Uganda’s Quality Chemicals to acquire majority stake in t... »

Strides posts ₹532-cr net in fiscal 2015

Our Bureau

Drug firm Strides Arcolab has posted a net profit of ₹532.3 crore for the 2015 financial... »

Companies

Natco Pharma Q4 profit rises to Rs 54 cr

PTI

Natco Pharma today reported over two fold jump in consolidated net profit to Rs 54.44 crore for... »

Companies

Radico Khaitan net jumps 50% to Rs 14.90 cr

PTI

Liquor firm Radico Khaitan today reported 50.5 per cent increase in its standalone net profit at... »

Companies

NBCC net profit jumps 30%

Navadha Pandey

National Buildings Construction Corporation has reported a 30 per cent rise in net profit at Rs... »

Companies

MRPL Q4 net up 9.6%

A J Vinayak

Mangalore Refinery and Petrochemicals Ltd (MRPL) has recorded a net profit of ₹1,169.70 crore du... »

Companies

Titan targeting tier-II cities, says MD

Our Bureau

Titan Company is eyeing tier-II cities for opening its showrooms and expanding its market s... »

Companies

Punj Lloyd posts Rs 269-cr net profit

Debabrata Das

Diversified engineering, procurement and construction firm Punj Lloyd has reported a standalone... »

Mineral Rules: govt comes out with two types of licences

Our Bureau

There will be two types of licence/lease – Mining Lease and a Composite License – that will be electronically auctioned under the Mines and Minerals (Development and Regulation) Amendment, Act... »

Ceat net jumps 50% in Q4

Our Bureau

Automotive tyremaker Ceat has posted a 50.44 per cent rise in consolidated net profit at ₹93.91 crore for the fourth quarter ended March 31, compared with ₹62.42 crore recorded during the same per... »

Coal India to buy high-capacity wagons for ₹515 cr

Pratim Ranjan Bose

Likely to procure at least 1,700 wagons »

Zee Media net loss at Rs 7.17 cr in Q4

PTI

Zee Media Corporation Ltd (ZMCL) today reported a consolidated net loss of Rs 7.17 crore for the fourth quarter ended March 31, 2015. The company had posted a consolidated net profit of Rs... »

Titan targeting tier-II cities, says MD

Our Bureau

Titan Company is eyeing tier-II cities for opening its showrooms and expanding its market share in watches, jewellery and eyewear products, according to Bhaskar Bhat, the Managing Direct... »

Suven Life secures 2 patents for neurodegenerative drug

Our Bureau

 Suven Life Sciences Ltd secured two product patents, one each from Mexico and Singapore, corresponding to the New Chemical Entities (NCEs) for the treatment of  disorders associated wit... »

Pawan Goenka appointed honorary ambassador for Korea

Pawan Goenka, Executive Director, Mahindra & Mahindra (file photo)

Our Bureau

Mahindra & Mahindra’s (M&M) Executive Director Pawan Goenka was appointed Honorary Ambassador of Foreign Investment Promotion for Korea at a ceremony held in Mumbai. He was confer... »

Cancer Genetics Inc. to ramp up India presence

M Somasekhar

Cancer Genetics Inc., which provides DNA-based diagnostics for various cancers, is strengthening its India operations. The New Jersey headquartered company has appointed Mandar Kulkarni... »

Punj Lloyd posts Rs 269-cr net profit

Debabrata Das

Diversified engineering, procurement and construction firm Punj Lloyd has reported a standalone net profit of ₹ 269 crore for the fourth quarter of fiscal 2014-15. In the same quarter last year, t... »

KGI Clothing lays foundation stone of production unit at Sri City

V Rishi Kumar

KGI Clothing, the Chennai-based garments company, has laid the foundation stone for its new production unit at Sri City, marking the start of construction. The plant will produce garments for... »

DLF to file for REIT listing by fiscal-end

CESC wants users to pay part of penalty

SCI profit leaps 7-fold

EID Parry bags Bonsucro certification for sustainable sugarcane farming

Bajaj Auto: Poor quarter, but better times ahead

MMTC net up 16% to Rs 38 cr in Q4

Spencer’s net loss higher at Rs 114 cr in 2014-15

GE unveils digital wind farms in power push

ONGC, OIL freed from sharing subsidy, but with riders

Our Bureau

Public sector oil exploration and production firms ONGC and Oil India have been exempted from paying fuel subsidy if global oil prices average up to $60 a barrel, but will have to share a part... »

Natco Pharma profit doubles in Q4

Our Bureau

Natco Pharma Ltd’s consolidated net profit more than doubled at ₹54 crore in the fourth quarter ended March 15, 2015, against ₹24 crore in the year-ago period. This was driven by a r... »

EMA suspends medicines over `flawed’ studies at GVK Biosciences

G Naga Sridhar

The European Medicines Agency (EMA) has confirmed its earlier recommendation to suspend a number of medicines for which authorisation in the European Union (EU) was primarily based on clinical stu... »

Natco Pharma Q4 profit rises to Rs 54 cr

PTI

Natco Pharma today reported over two fold jump in consolidated net profit to Rs 54.44 crore for the quarter ended March 31, 2015 mainly on account of a deferred tax reversal.It had posted a... »

Radico Khaitan net jumps 50% to Rs 14.90 cr

PTI

Liquor firm Radico Khaitan today reported 50.5 per cent increase in its standalone net profit at Rs 14.90 crore for the quarter ended March 31, 2015.The company had posted a profit of Rs 9.... »

MRPL Q4 net up 9.6%

A J Vinayak

Mangalore Refinery and Petrochemicals Ltd (MRPL) has recorded a net profit of ₹1,169.70 crore during the fourth quarter of 2014-15 against a net profit of ₹1,067.04 crore in the corresponding peri... »

NBCC net profit jumps 30%

Navadha Pandey

National Buildings Construction Corporation has reported a 30 per cent rise in net profit at Rs 133.63 crore for the fourth quarter of financial year 2014-15 compared with Rs 102.73 crore during t... »

TN to wait longer for cheap power as tribunal rules against Jindal, KSK

M Ramesh

The Appellate Tribunal for Electricity has ruled against two companies who wanted transmission lines allocated to them so that they could supply power to Tamil Nadu.   The t... »

Suven gets 2 product patents for neurodegenerative drug

PTI

Biopharmaceutical firm Suven Life Sciences today said it has been granted one patent each by Mexico and Singapore for a drug used in the treatment of neurodegenerative diseases.Neurodegener... »

India sets April-June oil subsidy rules, no discounts if oil below $60

Reuters

India's oil ministry has set interim rules that exempt state-run upstream companies from giving any discount on crude and refined fuel sales if global oil prices average up to $60 a barrel this qu... »

Former Star, Cola executives’ venture to raise $25-30 million

Tuned in for expansion, Xone to set up Chennai unit

Merc launches armoured version of S-Class sedan at ₹ 8.9 crore

Wockhardt gets special status in US on antibiotics

Nestle rebuts UP’s order on Maggi noodles recall

Fortis Healthcare redeems $ 100 m FCCBs

Voltas Q4 profit up 17.55% at Rs 118 cr

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