Jul 24, 2014 07:45 PM
Finnish telecom equipment maker Nokia on Thursday posted a higher operating profit at 284 million euros in April-June this year and said it expects net sales for the network business to grow in the second half of 2014.Nokia, which sold its handset busines
Jul 24, 2014 07:36 PM
Livpure Foundation, the CSR arm of SAR group, on Thursday came together to announce an initiative to spread awareness on safe drinking water as water borne diseases are one on the biggest causes of mortality in India, especially among children under five.
Jul 24, 2014 07:20 PM
Ambuja Cement, owned by Swiss cement major, Holcim, reported a 26 per cent rise in net profit for the quarter ended June 2014 at Rs. 409 crore. The company’s net sales for the period rose 15.4 per cent to Rs. 2,706 crore while operating profit was u
Jul 24, 2014 07:15 PM
Indian pharmaceutical major, Glenmark Pharmaceuticals reported a 44 per cent rise in consolidated net profit at Rs. 185 crore for the first quarter of 2014-15 with contributions from its businesses across the globe. The consolidated revenue for the period
Jul 24, 2014 07:00 PM
India on Thursday made a third payment of $550 million to Iran to take the total amount cleared over past one month to $1.65 billion.Indian refiners had paid the first instalment of $550 million on June 26 and second on July 8. After payment of the third
Jul 24, 2014 06:35 PM
In contrast to rising equities, the rupee on Thursday retreated from nearly two-week highs and ended three paise lower at 60.12 against the Greenback on late dollar demand from importers.The domestic currency also snapped its two-day up-move when it had g
Jul 24, 2014 05:16 PM
A late flurry of buying lifted benchmark Sensex on Thursday by 125 points to log a new closing peak of 26,271.85 in the eighth consecutive session of gains as investors cheered the government’s steps to attract higher overseas investments. Besides
Jul 24, 2014 04:56 PM
Indian pharmaceutical manufacturer, Ipca Laboratories has voluntarily stopped the shipments of Active Pharmaceutical Ingredients (API) made at its Ratlam facility to the U.S.This follows a recent inspection of the facility by USFDA (Food and Drug Administ
Jul 24, 2014 04:51 PM
Cement manufacturer ACC Ltd on Thursday reported a 7 per cent dip in its consolidated net profit at Rs. 243.15 crore for the April-June quarter due to higher cost of manufacturing and distribution.It had registered a profit of Rs. 261.76 crore in the same
Jul 24, 2014 04:05 PM
The government on Thursday said some banks have initiated the process of declaring debt-ridden Kingfisher Airlines as wilful defaulter.“Some banks have already started the process,” Financial Services Secretary G.S. Sandhu said when asked as t
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