SBI has reported net rises of 23% to Rs 3742 crore in Q4
Nation’s top lender by assets, State Bank of India, on Friday reported a 23.1% rise in its Q4 profit. The bank has reported a rise...
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FinMin has sanctioned Rs 5,223 crore fuel subsidy for IOC, BPCL
For the January- March quarter, the Finance Ministry has sanctioned Rs 5,223 crore fuel subsidy to cover almost all of the revenue loss that the...
Govt is planning to provide essential medicines at 60 percent lower rates
The Union Minister Ananth Kumar said on Friday that the Centre is planning to provide essential medicines at 40-60 percent lower rates through its ‘Jan-Aushdi’...
DLF’s Pia Singh resigns from the post of whole time director
DLF said that Pia Singh, daughter of company’s chairman K P Singh has resigned from the post of whole-time director and will continue as a...
A. Vellayan, Murugappa group chairman charged of insider trading by SEBI
On Thursday, the Market regulator SEBI has charged A. Vellayan the chairman of Murugappa group and three other persons of insider trading. In an order,...
BS Ltd plans to acquire assets of four companies for Rs 937 crore
Bs Ltd, the Hyderabad based integrated power transmission and distribution services provider has announced its plan for the acquisition of synergetic and operative assets from...
Ola to expand its auto services in 25 Indian cities by March 2016
Ola is looking to expand its facility to 25 Indian cities by the end of the fiscal. Anand Subramanian, Ola Director Marketing Communications said, “Autos are...
NPCI likely to tie up with China UnionPay
National Payment Corp of India (NPCI) that runs the RuPay payment card network said that it had received RBI’s approval for a tie up with...
DLF Q4 profit down 22% to Rs 171.62 crore
On Wednesday, the largest realty firm of India DLF has reported 22 percent decline in its consolidated net profit at Rs 171.62 crore for the...
Mahindra & Mahindra signs an agreement to acquire 33% stake in Mitsubishi Agricultural Machinery Co.
On Thursday, Mahindra & Mahindra signed a definitive agreement to acquire 33% stake in Mitsubishi Agricultural Machinery Co. for 25 million dollars (Rs 159.24 crore),...