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Thursday, October 29, 2009
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Step up credit to job-creating sectors, Pranab tells banks
Scale up efforts to reach banking to inaccessible regions
India Cements second quarter net remains flat
Sluggish demand for the building material in the South
RBI gets new Deputy Governor
NEW DELHI: Global rating agency Standard and Poor’s (S&P) Asia-Pacific Chief Economist Subir Gokarn will be the new Deputy Governor of the Reserve Bank of India (RBI), Finance Minister Pranab Mukherjee said here on Wednesday. ...
4 % growth in core sector in September
NEW DELHI: The core infrastructure sector grew at 4 per cent in September against 7.1 per cent growth recorded in August. However, the overall growth in the first half of the current fiscal stood at 5 per cent against 3.4 per cent registered ...
M&M launches compact truck
Mahindra Gio is priced between Rs. 1.65 lakh and Rs. 1.68 lakh
New notebooks from HP
Laptops are priced between Rs. 23,500 and Rs. 60,000
Andhra Bank Q2 net profit up 70 %
SEBI signs MoU with DFSA of Dubai
MUMBAI: Securities and Exchange Board of India (SEBI) has signed a bilateral memorandum of understanding (MoU) with Dubai Financial Services Authority to establish a general framework for cooperation and consultation and mutual assistance to ...
ACC net profit up 60 % in second quarter
CHENNAI: ACC has reported a rise of 60 per cent in net profit at Rs. 415.51 crore in the second quarter ended September 30, 2009, against Rs. 259.98 crore in the corresponding period in the previous year. Sales turnover grew by 9.3 per cent to ...
Spurt in Shree Cement net profit
CHENNAI: Shree Cement has reported a sharp rise in net profit at Rs. 289 crore for the quarter ended September 30, 2009, against Rs. 107 crore in the year-ago period. The turnover has risen by 43 per cent to Rs. 900 crore from Rs. 628 crore. ...
Madras Cements pays interim
CHENNAI: Madras Cements has reported higher and sales and profit in the half year ended September 30, 2009. Net sales have risen to Rs. 1,616.34 crore from Rs. 1,279.32 crore in the year-ago period. The net profit has increased to Rs. 308.30 ...
Dalmia Cement half-year profit up
CHENNAI: Dalmia Cement (Bharat) has reported a turnover of Rs. 1,111 crore for the half-year ended September 30, 2009, against Rs. 864 crore in the same period in the previous year, a growth of 29 per cent. The net profit has risen by 24 per ...
Bank of Baroda net up 72 %
CHENNAI: Bank of Baroda has reported a net profit of Rs. 1,320 crore in the six months ended September 30, 2009 against Rs. 766.14 crore in the same period in 2008-09, a growth of 72 per cent. Total income has risen to Rs. 9,465.90 crore from ...
Reliance Data offers cloud computing solution
CHENNAI: Reliance Data Centre, part of Reliance Communications, has announced the launch of Reliance Cloud Computing Services — hosted infrastructure service for its customers, based on the Microsoft platform. According to a release, the ...
CRISIL upgrades ratings of microfinance PTCs
CHENNAI: Following the first rated securitisation of micro-loans in India, the pass-through certificates (PTCs) from the transaction have received a rating upgrade from CRISIL. The ratings of the senior and junior tranches of PTCs have been ...
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