Business News

Last updated: Tuesday, September 23, 2014 10:32:14 AM

CESC posts net profit decline in 2007-08
Kolkata, July 1 (IANS) CESC Ltd has posted a decline in profit after tax (PAT) at Rs.6.27 billion for the financial year ended March 31, 2008 compared to Rs 6.37 billion during the previous year.

Tuesday, July 01, 2008 5:58:18 PM

Hyundai Motors posts 45.3 percent growth in June
Chennai, July 1 (IANS) India's second-largest passenger car manufacturer Hyundai Motors India Ltd (HMIL) has sold 40,182 units during June this year -- up 45.3 percent over the corresponding period last year.

Tuesday, July 01, 2008 5:52:27 PM

Subhash Projects eyes Rs 10 bn incremental business
Kolkata, July 1 (IANS) Engineering construction and project management company Subhash Projects & Marketing Ltd (SPML) plans to generate Rs.10 billion incremental business from urban infrastructure in the next three years, a top company official said here Tuesday.

Tuesday, July 01, 2008 5:36:41 PM

Chennai fuel shortage will end soon, says official
Chennai, July 1 (IANS) The acute shortage of petrol and diesel in the city would ease and become normal by Tuesday evening as oil tankers would be arriving at the port shortly, a senior oil company official said here Tuesday.

Tuesday, July 01, 2008 5:17:13 PM

Market crashes again, loses 500 points
Mumbai, July 1 (IANS) Bears took full control of the Indian bourses as the equities market plunged again following huge sell-off in European markets. Realty, banking, oil and gas were the worst hit.

Tuesday, July 01, 2008 4:51:09 PM

Union Bank plans major overseas expansion
Dubai, July 1 (IANS) The state-owned Union Bank of India (UBI) is planning a major overseas expansion after opening representative offices in Abu Dhabi in the United Arab Emirates (UAE) and Shanghai in China last year, a newspaper report said.

Tuesday, July 01, 2008 4:26:18 PM

Bank of Baroda expects higher loan, deposit portfolio
Kolkata, July 1 (IANS) Bank of Baroda expects to register a 27 percent growth in loans and 24 percent growth in deposits in the first quarter of the current fiscal, a top official said here Tuesday.

Tuesday, July 01, 2008 4:19:44 PM

Market closes 500 points down
Mumbai, July 1 (IANS) The Indian equities market again closed deep in red Tuesday.

Tuesday, July 01, 2008 4:19:20 PM

Highways Authority awards Rs.3.4 bn contract
New Delhi, July 1 (IANS) Hindustan Construction Co. Ltd, an infrastructure development company, has bagged a Rs.3.4 billion order from the National Highways Authority of India (NHAI) to construct a highway near here, the company announced Tuesday.

Tuesday, July 01, 2008 4:13:09 PM

Steel Authority to maintain prices in July
New Delhi, July 1 (IANS) The state-run Steel Authority of India Ltd (SAIL) Tuesday said it will maintain its prices for the domestic market during July, and has asked its dealers to ensure the same for consumers.

Tuesday, July 01, 2008 3:56:23 PM

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