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Dark nights loom as discoms default

Debt-ridden power distribution companies (discoms) have started defaulting on payments for merchant power, triggering supply cuts that could sink many…

SBT posts R256.20 cr net profit

State Bank of Travancore has posted R256.20 crore net profit in the half year ended 30 September 2011-2012. In the…

IDBI net profit increases 20%

IDBI Bank on Thursday reported a 20% y-o-y rise in profits for the September quarter to R515.9 crore.

Yes Bank net rises 33.3%

Yes Bank has reported a 33.3% y-o-y increase in net profits for the three months to September to R235 crore.

MindTree target price up at R470

MindTree reported robust quarter with revenues of $101 million, +9.5% qoq, better than HSBC/Consensus estimate of $99million/$96million. Robust growth in…

Sky high

With Aakash, the $35 tablet developed by his company DataWind, Suneet Singh Tuli is dreaming of bridging the digital divide.…

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