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BSE Sensex closes at 27,848 Points ahead of Policy Review
Mumbai, June 1 (IANS): Investor anxiety -- on the eve of RBI's monetary policy review -- over whether the apex bank would cut key lending rates led a barometer index of the Indian equities markets to end flat on Monday.
The benchmark…
Mahindra reports 3 Percent Decline in May Sales
New Delhi, June 1 (IANS): Automobile manufacturer Mahindra and Mahindra on Monday reported a decline of three percent in its sales for May which stood at 36,706 units down from 37,869 units in the corresponding month of 2014.
“The auto…
Hyundai Motor India’s May sales up 1.5 Percent
New Delhi, June 1 (IANS): Hyundai Motor India (HMIL) on Monday reported a 1.5 percent rise in its sales for May at 52,515 units. The company had sold 51,718 units in the corresponding month of 2014.
"In a market experiencing low growth…
Raja conspired with others to favour ineligible Telecom Firms
New Delhi, June 1 (IANS): The Enforcement Directorate (ED) on Monday told a special court hearing a money laundering case related to allocation of 2G spectrum that former telecom minister A. Raja had conspired with other accused to grant…
Maruti Suzuki Sales go up by 14% in May 2015
New Delhi, June 1 (IANS): Automobile manufacturer Maruti Suzuki on Monday reported an increase of 13.8 percent in its total sales for May which stood at 114,825 units, up from 100,925 units sold in the corresponding month of 2014.…
I-T Return Deadline extended till August 31, 2015
New Delhi, May 31 (IANS): After complaints by individual income tax payers over the new forms announced in April, the government on Sunday notified a fresh set -- each of no more than three pages -- and did away with the much-resented…
Nalco posts Double Profits in Q4 @ Rs 355 Crore
New Delhi, IANS: State-run National Aluminium Company (Nalco) on Saturday reported a more than doubling of its net profit of Rs.354.87 crore for the fourth quarter ended March on the back of an exceptional gain as against Rs.172.45 crore in…
Suzlon Energy’s Q4 losses widens to Rs.1,212.06 Crore
Kolkata, May 29 (IANS): Suzlon Energy's losses during the fourth quarter of 2014-15 widened to Rs.1,212.06 crore from Rs.603.45 crore in the corresponding time period in 2014.
The company's revenue, in the period under review, shrank by…
Bharat Electronics Net Profit up 25 Percent in 2014-15
Bengaluru, May 29 (IANS): State-run Bharat Electronics Ltd (BEL) posted net profit of Rs.1,167 crore for 2014-15, registering 25 percent growth over Rs.932 crore in 2013-14.
In a regulatory filing to the Bombay Stock Exchange (BSE)…
NTPC posts near 5 Percent fall in Q4 Net Profit
New Delhi, May 29 (IANS): State-run power generator NTPC on Friday posted a fourth quarter 2015 fall in net profit by 4.8 percent year-on-year at Rs.2,944 crore caused by lower revenues and other income, as well as by higher finance costs.…