Despite controversies, Barack Obama agenda marches on
Associated Press | Saturday May 18, 2013
Despite Democratic fears, predictions of the demise of President Barack Obama's agenda appear exaggerated after a week of cascading controversies, political damage control by the administration and party leaders in Congress, and lack of evidence to d...
NIIT Technologies Q4 net up 22 per cent at Rs 56.6 crore
Friday May 17, 2013
IT solutions provider NIIT Technologies on Friday reported a 22 per cent increase in its net profit at Rs 56.6 crore for the quarter ended March 31, 2012, backed by all-round growth especially in the travel vertical.
S&P expects India's GDP to grow 6 per cent in FY14
Friday May 17, 2013
Standard & Poor's expects India to grow around 6 per cent in the current fiscal year ending March 2014, said credit analyst Takahira Ogawa.
Chris Gayle and AB de Villiers' guidance helped in Test format: Cheteshwar Pujara
Press Trust of India | Friday May 17, 2013
Pujara, who made his first double hundred against England at Ahmedabad in November 2012 and followed up with another double century against Australia in March 2013, said scoring heavily in Test matches has helped him gain in confidence.
ITC Q4 net profit jumps over 19% to Rs 1928 crore
Friday May 17, 2013
ITC, India's biggest cigarette maker, has reported higher than estimated profit for the January to March quarter on account of strong performance by the tobacco vertical and a turnaround in the FMCG sector.
Gujarat State Fertilisers and Chemicals Q4 net profit down 75%
Thursday May 16, 2013
Gujarat State Fertilisers and Chemicals (GSFC) today reported 75 per cent decline in the net profit at Rs 58.44 crore for the fourth quarter ended March on account of higher expenses.
IPL spot-fixing: investigators intercepted calls from Dubai number
Press Trust of India | Thursday May 16, 2013
Investigators got tip off in the middle of March about bookies' plan to indulge in spot-fixing in this IPL season and kept them under surveillance during which they intercepted calls from a Dubai number.
RBI can buy $9 billion more forex from market: Bank of America-Merrill Lynch
Thursday May 16, 2013
The Reserve Bank, which had bought $840 million of forex in March in an effort to shore up the reserves after a two-year hiatus, has leg room to snap up $9 billion more from the market, brokerage Bank of America Merrill Lynch (BofA-ML) said in a repo...
Mahindra Satyam Q4 net down by 15%, declares 30% dividend
Thursday May 16, 2013
Software services provider Mahindra Satyam's net profit declined by 15 per cent to Rs 454.12 crore for the fourth quarter ended March 31, 2013. Net profit stood at Rs 534.21 crore in the same period last year.
Reliance Capital Q4 net profit declines by over 19 per cent
Thursday May 16, 2013
Reliance Capital today reported over 19 per cent decline in net profit at Rs 265 crore for the quarter ending March 2013, mainly due to drop in income from operations.
Gold hits one-month low, eyes longest downturn since 2009
Thursday May 16, 2013
If gold ends lower on the day, it would be its longest losing streak since March 2009.
Bajaj Auto reports flat Q4, net dips to Rs 766 crore
Thursday May 16, 2013
Two-wheeler manufacturer Bajaj Auto on Thursday reported flat sales and profits for the quarter ended March 2013 amid sluggish growth in the auto industry. However, higher than expected margins sent Bajaj Auto's shares higher by as much as 3.5 per ce...
Vedanta profit rises 21 per cent as oil offsets iron ore hit
Thursday May 16, 2013
Vedanta said earnings before interest, tax, depreciation and amortisation for the year to the end of March totaled $4.89 billion, in line with market forecasts.
Gold hits longest losing streak in 4 years
Thursday May 16, 2013
Gold fell for a sixth session on Thursday in its longest losing streak since March 2009, after holdings in exchange-traded funds fell to their lowest in four years as rallying stock markets dulled bullion's safe-haven appeal.
Adani Ports Q4 net profit up 197% to Rs 710.31 crore
Wednesday May 15, 2013
Adani Ports and SEZ today posted 197 per cent increase in its consolidated net profit at Rs 710.31 crore for the fourth quarter ended March, 2013, on account of one-time gain of Rs 420 crore as it divested its holding in Australia's Abbot Point termi...
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