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Saturday, October 31, 2009
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Bengal Aerotropolis project gets first tranche of land
Construction is expected to start by March next
‘Withdrawal of fiscal package not before March’
Finance Minister to take a call on policy issue after scrutinising the growth numbers of second, third quarters
CASE signs MoU with Cyprus firms to set up solar plants
Nicosia: President Pratibha Patil arrived in Nicosia, capital of the tiny Mediterranean island of Cyprus, on Thursday night on a two-day state visit focussed on trade and business. The Indian Presidential visit commenced on Friday with ...
Shell in ‘exclusive’ talks with Essar
LONDON: British energy giant Royal Dutch Shell is in “exclusive” talks to sell three European refineries to Indian conglomerate Essar, a company spokesman told AFP. The spokesman said that the assets comprised ...
Bharti Airtel profit up 13 % at Rs. 2,321 crore
Show cause notice issued to Vodafone
NEW DELHI: The Income-tax Department on Friday issued a show cause notice to telecom firm Vodafone International Holdings over non-payment of tax at source towards $11.2 billion it paid to buy Hutchison’s operation in India in 2007. The ...
New health drink from Britannia
CHENNAI: Britannia Industries, manufacturers of diverse products in biscuits, bakery and dairy categories, has launched ‘Actimind’, milk-based health drink for children. It is a unique drink with seven active brain nutrients that ...
Ashok Leyland posts higher net profit
CHENNAI: Ashok Leyland has reported a higher net profit of Rs. 88.61 crore for the quarter ended September 30, 2009, against Rs. 67.24 crore in the same period in the previous year. Net sales were lower at Rs. 1,577.68 crore against Rs. ...
52 % rise in Corporation Bank’s Q2 profit
MANGALORE: The net profit of Corporation Bank rose by 52 per cent to Rs. 291.67 crore during the second quarter ended September, 30, 2009, from Rs. 191.51 crore in the year-ago period. For the half-year ended September 30, 2009, it increased ...
Syndicate Bank first half net at Rs. 439 crore
Rs. 439 crore in the first half of 2009-10, a rise of 26 per cent over the previous year and an operating profit of Rs. 1,019 crore, an increase of 36 per cent. Net interest income fell by 3.34 per cent to Rs. 1,203 crore from Rs. 1,245 ...
Sharp rise in KVB’s first half net
Rs. 161.25 crore for the first six months ended September 30, 2009, against Rs. 92.77 crore, a growth of 74 per cent over the corresponding period in the previous year. Total income has risen to Rs. 979.46 crore from Rs. 769.68 crore. Interest ...
ABB reports lower revenue and profits
BANGALORE: ABB India announced that its revenues declined by 6 per cent to Rs. 1,468.93 crore in the third quarter ended September 30, 2009 (according to the company’s international accounting standard) from Rs.1,556.27 crore in the ...
Fidelity to expand operations
CHENNAI: The U.S.-based Fidelity Information Services (FIS), providers of core banking solutions, plans to expand its India-based IT and BPO services. The company has a headcount of 4,200 people. FIS will increase the headcount by 20 per cent ...
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