corporate news

Higher fund cost crimps L&T Fin Q4 consolidated net at Rs187cr

For the full year, net profit, excluding interest cost rose 23 per cent to Rs 1,406 crore, Sivaraman said. Reuters

L&T Finance Holding today reported a tepid 7 per cent growth in consolidated net profit at Rs 187 cr...

Credit quality should stabilise by year endL&T Finance Q4 net up 9%
The tweet had attracted sharp criticism, raising corporate governance issues.
Kiran Mazumdar-Shaw apologises for Rohan Murty tweet
Biocon chairman Kiran Mazumdar-Shaw, who is also an independent director on the board of Infosys, ap...

Suspected Russian cyber criminals try to hack Naukri.com site

Naukri.com today said cyber criminals, suspected to be from Russia, tried to hack its website earlie...

Taj can keep Mansingh, no need to even bid: Solicitor General Mohan Parasaran

The land on which the hotel is located belongs to NDMC which was leased to IHCL.

Amazon ups the ante to tap sellers in Indian market

Aiming to increase its seller base in India, e-commerce major Amazon today launched two initiatives ...

Ultratech Cement Jan-Mar net profit up 15% to Rs 838 cr

For the year 2013-14, Ultratech Cement's net profit dipped to Rs 2,144 cr from Rs 2,655 cr a year ag...
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Indiabullls Housing Finance Q4 net rises 23% at Rs 451 crore
Indiabulls Housing Finance today reported 23 per cent rise in net profit at Rs 451.5 crore for the q...
Canon India targeting 30 per cent market share in 2014
Leading digital imaging company Canon India is eyeing 30 per cent market share in Inkjet business in...
Tata-AirAsia deal: HC allows plea to make DGCA party to PIL
"Nothing is going to happen till May 1," the bench said, adding that it will also take up the contem...
Indiabulls Real Estate Q4 net profit down 20 per cent at Rs 41.67 crore
Indiabulls Real Estate posted a net profit of Rs 51.94 crore in the year-ago period.
Cairn India Q4 profit up 18% as Rajasthan output increases
Cairn India declared a final dividend of Rs 6.50 per share for the year ended March 31, 2014.
DGCA allows in-flight use of mobile phones, tablets on flight mode
Flyers can now turn on their cellphones, tablets or laptops on 'flight mode' to work, play games.
Mukesh Ambani is wealthiest Indian cricket team owner, worth $21.2 bn: report
Mukesh Ambani's fortune is 10 times the personal fortune of media baron Kalanithi Maran, who is in ...
Lupin Lab forms JV with Japan's Yoshindo
Lupin-Yoshindo entity will be responsible for conducting clinical development of certain biosimilars...
House of lax: Supertech Noida issue not one-off, 5 such cases with Allahabad HC
Recent HC order asking Supertech to demolish two towers in Noida has left residents in the lurch.
Zensar Q4 Net jumps 41.3% to Rs 55.25 cr
The Pune-headquartered firm had posted a net profit of Rs 39.10 crore in the year-ago period.
ICAI to soon bar three auditors in Satyam scam
Accounting regulator ICAI will soon officially bar three of its members -- Srinivas Talluri, S Gopal...
HAL Offshore to acquire Technip's majority stake in Seamec for up to Rs 246 cr
The stake in Seamec is held by Technip's fully-owned subsidiary Coflexip Stena Mauritius.
Cognizant acquires US-based digital video solutions firm
Cognizant will acquire digital video solutions firm itaas for an undisclosed amount, a move that wil...
Nissan to recall over 22,000 Micra, Sunny cars in India
The company will start recalling the vehicles in coming, Nissan official says.
Toyota Kirloskar Motor stalemate ends, workers resume duty
Toyota Kirloskar Motor had on March 16 declared a lockout.
Blackberry, other mobile companies woo IPL fans
Blackberry has launched a BBM channel that streams IPL matches on its messenger service.
GlaxoSmithKline swaps oncology for vaccines with Novartis AG
GlaxoSmithKline Plc will sell oncology to Novartis AG for $16 bn, buy the vaccines piece for $7 bn.
MRF Q2 net profit dips 19 pct at Rs 171 cr
Tyre maker MRF today reported 18.86 per cent decline in net profit at Rs 170.87 crore for the quarte...
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