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  • RIL-BP make huge gas discovery in KG-D6

    Press Trust of India:  New Delhi, May 25, 2013 at 0220 hrs ISTReliance Industries on Friday announced a huge natural gas discovery

  • Jet Airways net loss widens 66% to R495.63 cr in Q4

    fe Bureau: New Delhi, May 25, 2013 at 0222 hrs ISTAfter posting profits in the previous quarter, Naresh Goyal-promoted Jet Airways (India) has swung back to losses posting a net loss of R495.63 crore for the fiscal 2012-13 fourth quarter.

  • SpiceJet Q4 net losses drop 25% to Rs186 crore

    fe Bureau: New Delhi, May 25, 2013 at 0224 hrs ISTSpiceJet has posted a 25% drop in net loss at R185.7 crore for the quarter ended March in a traditionally weak quarter for the aviation industry, missing Street estimates of a R60 crore net loss for the period by a wide margin.

  • Aided by high seat factor, IndiGo tops in capacity addition

    Debabrata Das: New Delhi, May 25, 2013 at 0225 hrs ISTIndia’s largest passenger carrier IndiGo, whose market share reached nearly 30% in April

  • Wockhardt brings in consultants to help address USFDA concerns

    fe Bureau: Mumbai, May 25, 2013 at 0227 hrs ISTWockhardt, the Indian drug manufacturer, expects to take a hit of $100 million on an annualised basis due to an “import alert” issued by the USFDA against its manufacturing unit located at Waluj near Aurangabad in Maharashtra.

  • Uttam Galva Q4 net profit down 29.52%

    Press Trust of India: New Delhi, May 25, 2013 at 0228 hrs ISTHit by a 23 per cent decline in sales, Uttam Galva Steels on Friday reported 29.52% fall in standalone net profit at R28.19 crore for the fourth quarter ended March.
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  • Gaursons buys 300 acres from Jaypee for R1,500 cr

    Press Trust of India:  New Delhi, May 25, 2013 at 0229 hrs ISTIn a major land deal, realty firm Gaursons India on Friday said it has bought 300 acre on Yamuna Expressway in Greater Noida from Jaypee group for more than R1,500 crore to develop an integrated township.

  • Quick view

    May 25, 2013 at 0231 hrsFortis Healthcare on Friday said its Singapore-based subsidiary will receive A$270.38 million (around R1,452 crore) on completion of its stake sale in Dental Corporation Australia to Bupa Australia Health
  • JSW Steel Q4 net profit dips 24% to Rs 573.23 crore

    JSW Steel Q4 net profit dips 24% to Rs 573.23 crore

    fe Bureau:  Mumbai, May 24, 2013 at 0212 hrs ISTShortage of iron ore forces company to operate below capacity

  • BHEL’s net drops 6% in FY13

    fe Bureau:  New Delhi, May 24, 2013 at 0213 hrs ISTIndia’s largest power equipment maker BHEL’s net profit saw a marginal improvement and fell by 6% in the 2012-13 fiscal, according to audited results released by the company on Thursday.
  • Phaneesh Murthy asked 'pregnant' employee to seek abortion, leave iGate: Law firm

    Phaneesh Murthy asked 'pregnant' employee to seek abortion, leave iGate: Law firm

    Debojyoti Ghosh:  Bangalore, May 24, 2013 at 0216 hrs ISTAs a result of Murthy's influence over Roiz, she continued relationship with him, says the law firm.

  • Lifting mining ban will boost biz

    Prashant Mukherjee, Debabrata Das:  May 24, 2013 at 0218 hrsAfter posting a 79% increase in consolidated annual net profit despite absorbing the losses of JSW Ispat,
  • Daimler AG takes India ops global, to export under Fuso brand across 15 markets

    Daimler AG takes India ops global, to export under Fuso brand across 15 markets

    R Ravichandran:  Chennai, May 24, 2013 at 0223 hrs IST'Fuso' and will start exporting five models to 15 countries in the Asia and African regions: Daimler

  • Ssangyong receives Rs 400 cr from Mahindra

    Press Trust of India:  New Delhi, May 24, 2013 at 0225 hrs ISTSsangyong, part of Mahindra Group has receives the payment in lieu of the new shares offered to Indian firm.