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RIL reports highest ever quarterly profit

Our Bureau

Reliance Industries reported its highest ever quarterly consolidated net profit at ₹6,381 crore... »

Temasek to invest ₹945 crore in Glenmark Pharma

Our Bureau

Move will help ease drug co’s debt load »

Piramal to buy majority stake in Health SuperHiway

Our Bureau

Piramal Enterprises Ltd (PEL) has agreed to acquire a majority stake in Health SuperHiway... »

Yamaha launches 125cc motorcycle Saluto priced at Rs 52,000

Our Bureau

Two-wheeler manufacturer Yamaha Motor India launched a 125cc motorcycle Saluto marking its entry... »  

CIL revives plan to reopen abandoned mines

Pratim Ranjan Bose

The proposal was mooted in 2008. Private sector miners were keen to enter joint ventures with... »

Companies

Bhaskar Chatterjee

‘CSR rule impacts 25K companies involving Rs 28K cr annually’

Our Bureau

Dr Bhaskar Chatterjee, whose untiring efforts led to the legislation of Section 135 in the Compa... »

Companies

The company had reported net profit of Rs 68.71 crore in the same period last year. File Photo

Crisil Q4 profit down 18% at Rs 56.32 cr

PTI

Ratings firms Crisil today reported 18.03 per cent decline in consolidated net profit at Rs 56.3... »

Companies

Deutsche said it agreed with Rolta India's response that Glaucus had made factual errors in its report

Deutsche upgrades Rolta India bonds,disputes short-seller report

Reuters

Deutsche Bank has raised its investment recommendation on software firm Rolta India bonds to buy... »

Companies

Refining comeback buoys RIL

Anand Kalyanraman

The strong comeback of the refining business has saved Reliance Industries (RIL) the blus... »

Companies

Want to play golf? Go to the mall

Bindu D Menon

Rooftops of malls are the new playground for city-slickers. Several malls are using their roo... »

Companies

Volkswagen plans to make India low-cost export hub

PTI

German auto major Volkswagen is planning to make India a low-cost manufacturing hub, catering to... »

Want to play golf? Go to the mall

Bindu D Menon

Rooftops of malls are the new playground for city-slickers. Several malls are using their rooftops for activities such as football, box-league cricket and golf for the young and restless to swe... »

Govt steps to boost economy are in the right direction, says TVS chief

Venu Srinivasan, Chairman, TVS Motor Company (file photo)

Rutam Vora

Lauding the measures being taken by the Prime Minister Narendra Modi-led NDA government at the Centre to overcome the stagnancy, TVS chairman and MD, Venu Srinivasan on Friday stated that the gove... »

‘CSR rule impacts 25K companies involving Rs 28K cr annually’

Bhaskar Chatterjee

Our Bureau

Dr Bhaskar Chatterjee, whose untiring efforts led to the legislation of Section 135 in the Companies Act, related to corporate social responsibility (CSR), had been “dissuaded” not only by corpora... »

De-reservation of products meant for MSME sector decried  

Our Bureau

The de-reservation of 20 products meant for the micro and small enterprises such as pickles, mustard oil, bread and wooden furniture by the Union Government will hit the MSMEs in the country hard,... »

Deepak Fertilisers sells 18.45% stake in MCF for Rs 192 cr

PTI

Deepak Fertilisers has sold 18.45 per cent stake in Mangalore Chemicals and Fertilizers Ltd for nearly Rs 192 crore over two days this week, backing down from the takeover bid with rival Zuari gro... »

Chinese solar, electronics firms evince interest in AP

V Rishi Kumar

Chinese electronics company TCL Corporation, Trina Solar and JA Solar Holding Company were among several companies who expressed their interest to make investments in Andhra Pradesh during the ong... »

Sachin Bhamri to head Myra’s Maharashtra sales

Our Bureau

Sachin Bhamri, head of sales and marketing in Goa for Myra Vineyards has been elevated to head the wine company’s S&M for Maharashtra and Goa. The new role comes in the wake of Myra’s... »

Oil India commissions 54 MW wind energy project

PTI

Oil India, the nation’s second largest state-owned oil explorer, today said it has commissioned a 54 MW wind energy project in Gujarat and Madhya Pradesh.Saddled between the two States, the... »

BPCL hires four banks for US dollar bond offering

The fundraising will be off the refiner's US$2bn MTN programme. File Photo

Reuters

Indian state-owned refiner Bharat Petroleum Corp has mandated four banks for a potential US dollar bond offering.Deutsche Bank, Citigroup, HSBC and Standard Chartered will lead the offering... »

Ministry okays coal linkage transfer of Panipat thermal plant to new unit

Our Bureau

The Coal Ministry has approved transfer of existing coal linkage of the Panipat Thermal Power Station to a new supercritical plant which will be set up at the same location. “The decisio... »

Lafarge, Holcim detail US disposals ahead of merger

Hindalco Industries gains; LIC raises stake

Deutsche upgrades Rolta India bonds,disputes short-seller report

Jindal Saw, JSW Steel in ₹10,000-cr deal

HCC sells stake in Dhule Palesner

Mytrah Energy raises $60 m from Merrill Lynch

Pradhan visits ONGC's Assam Asset

Two new GMs take charge at BEL

Refining comeback buoys RIL

Anand Kalyanraman

The strong comeback of the refining business has saved Reliance Industries (RIL) the blushes in the March quarter. The other major segments — petrochemicals and oil & gas explora... »

Grundfos India showcases water pumping solutions

V. Rishi Kumar

Grundfos Pumps India showcased its energy efficient pumping solutions at the Indian Plumbing Conference 2015 held here on Friday. The company products on display included... »

Eisai companies amalgamate subsidiaries

Our Bureau

    Eisai Pharmaceuticals India Pvt. Ltd Managing Director Sanjit Singh Lamba has made an announcement that Eisai Pharmatechnology and Manufacturing Pvt. L... »

Piramal to buy majority stake in Health SuperHiway

PTI

Piramal Enterprises will acquire majority stake in Health SuperHiway Pvt Ltd, a healthcare analytics company promoted by Indian Hospitals Corporation.Apollo Hospitals Group Founder Chairman... »

Crisil Q4 profit down 18% at Rs 56.32 cr

The company had reported net profit of Rs 68.71 crore in the same period last year. File Photo

PTI

Ratings firms Crisil today reported 18.03 per cent decline in consolidated net profit at Rs 56.32 crore in the fourth quarter ended March 31, 2015.The company had reported net profit of Rs... »

Rolls-Royce wins $9.2 bln engine order from Emirates

Reuters

Rolls-Royce said it had won a $9.2 billion order to supply engines for 50 A380 aircraft for Dubai's Emirates airline, providing a boost for the British company after a torrid year of profit warnin... »

Linc Pens is official sponsor for Hyderabad team this IPL

Our Bureau

Kolkata-based Linc Pen & Plastics Ltd has tied up as the official team sponsor of the IPL team, Sunrisers Hyderabad. Linc Pens will have a presence on the leading side of the cap / helmet of t... »

Volkswagen plans to make India low-cost export hub

PTI

German auto major Volkswagen is planning to make India a low-cost manufacturing hub, catering to both the emerging as well as developed markets.Also, as part of Prime Minister Narendra Modi... »

NTPC on vendor enlistment drive

Our Bureau

NTPC has initiated a pan-India vendor enlistment drive for its plants across the country. The value of spares sourcing is estimated at Rs 2,000 crore and another Rs 1,600 crore for servi... »

Nestle first quarter sales up more than expected

The company behind KitKat bars, Gerber baby food and Perrier water said sales rose to 20.9 billion Swiss francs. File Photo

Reuters

Nestle, the world's leading packaged food maker, reported on Friday a slightly better-than-expected first-quarter sales, helped by gains in volume and prices. The company behind KitKat ba... »

TCS down 4% post Q4 results; top loser on Sensex, Nifty

Udupi-based Robosoft Tech gets funding from Ascent Capital

Ola gets $400 million funding from a clutch of investors old and new

Shop CJ to break even next fiscal

Woodland to invest ₹100 crore this fiscal

Blue Star looking to start facility in South

ErosNow joins hands with Asianet Broadband for movie streaming service

Others

Private Placement

L&T Infrastructure Finance Company Ltd has informed BSE that the Company intends to issue Sec... »
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