Oct 30, 2014 03:28 PM
ICICI Bank on Thursday reported 15 per cent rise in net profit at Rs. 2,709 crore for the second quarter ended September 30.The bank’s net profit on standalone basis was Rs. 2,352 crore in the same period last fiscal, ICICI Bank said in a statement.
Oct 30, 2014 04:05 PM
Cement manufacturer ACC Ltd on Thursday reported a whopping 62 per cent rise in its consolidated net profit for July-September quarter at Rs 192.60 crore on better cost management and improved realisations. The company, which follows January-December as a
Oct 30, 2014 04:03 PM
State-owned Allahabad Bank on Thursday reported 49 per cent decline in net profit at Rs 141.44 crore for the second quarter ended September on higher tax outgo and fall in other income. The bank’s net profit in the corresponding quarter of 2013-14 s
Oct 30, 2014 08:57 PM
The Securities Appellate Tribunal (SAT) on Thursday asked realty giant DLF to submit an affidavit to the tribunal and market regulator SEBI detailing its immediate fund requirements and their end-use to secure an interim relief to access money stuck in mu
Oct 30, 2014 08:53 PM
Chinese computer maker Lenovo on Thursday announced completion of USD 2.91 billion acquisition of Motorola Mobility from Google, a move that will make it the third largest smartphone maker in India. Talking to journalists over a conference call, Yang Yu
Oct 30, 2014 08:28 PM
The Tata group has invested in a Swiss start-up solar company as several companies from the European country vie for a share in the Indian solar energy market, which is seen as having a huge potential due to its growing energy needs. “Tata is an i
Oct 30, 2014 07:30 PM
Coca-Cola Amatil shares rise 5% Coca-Cola Co will help out Australian affiliate Coca-Cola Amatil Ltd. by taking a minority stake in a struggling Indonesian unit for $500 million. Coca-Cola Amatil's Sydney-listed shares rose 5 percent after its United
Oct 30, 2014 07:10 PM
Taking the patent battle to Novartis, India’s Cipla has launched low-cost generic version of the Swiss drug maker’s respiratory drug Indacaterol sold under the Onbrez brand, while asking the government to revoke patents over the medicine. Cipl
Oct 30, 2014 07:02 PM
Public sector lender Andhra Bank on Thursday said its net profit for the quarter ended September 30 rose by over two-fold on year-on-year basis to Rs 114.5 crore on account of higher interest income. It reported Rs 70.7 crore net profit for the same quart
Oct 30, 2014 06:15 PM
Bharti Airtel, country’s largest mobile operator, on Thursday reported nearly three-fold jump in consolidated net profit to Rs 1,383 crore for the second quarter ended September 30, 2014 on the back of higher mobile data revenue. The company had repo
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