18 May, 2012
Tata Steel Q4 profit disappoints, net down 95% at Rs 203 cr
Tata Steel, one of the 10 largest steel companies in world, has reported a consolidated net profit of Rs 203 crore on net sales of Rs 33,998 crore for the fourth quarter of financial year 2011-12.
Source: Moneycontrol.com
Click here for the full article.18 May, 2012
SBI to pitch to Moody's for upgrade
State Bank of India , the country's biggest lender, plans to pitch to Moody's Investors Services for a ratings upgrade, Chairman Pratip Chaudhuri said. The bank was downgraded by ratings agency
Source: Sify.com
Click here for the full article.18 May, 2012
Dr Reddy's Labs launches Clopidogrel tablets in US
Pharma major Dr Reddy's Laboratories has launched Clopidogrel tablets in the US market with 180-days exclusivity. The tablets are a bioequivalent generic version of Plavix of Bristol Myer...
Source: The Hindu Business Line
Click here for the full article.18 May, 2012
Suzlon seeks more time for foreign bond repayment
Indian wind turbine maker Suzlon Energy said on Friday it was seeking up to 45 days more for repayment of foreign bonds due in June, as it is working with lenders to raise up to $300 million. "In
Source: Sify.com
Click here for the full article.18 May, 2012
SBI sees 16-18 pct loan growth in fiscal 2013
State Bank of India , the country's top lender, expects a growth of 16 percent to 18 percent in credit demand in the fiscal year that started on April 1, its chairman said on Friday. The state-run
Source: Sify.com
Click here for the full article.18 May, 2012
Techno Electric sees positives in Tamil Nadu
Kolkata-based Techno Electric & Engineering Ltd, which has over 100 MW of wind power projects in Tamil Nadu, says things are looking better in the state. The company, like other wind...
Source: The Hindu Business Line
Click here for the full article.18 May, 2012
Union Bank looking to upgrade overseas offices
Union Bank is looking to upgrade its overseas representative offices into full-fledged branches, Mr Debabrata Sarkar, Chairman and Managing Director, said here on Friday. The bank has rep...
Source: The Hindu Business Line
Click here for the full article.18 May, 2012
Karnataka Bank Q4 profit dips 8%
The net profit of Karnataka Bank recorded a decline of 8.43 per cent for the fourth quarter ended March 31, 2012. The bank recorded a net profit of Rs 83.16 crore in the fourth quarter of 2011-12...
Source: The Hindu Business Line
Click here for the full article.18 May, 2012
Deepak Fert plans to invest Rs 415 cr on expansion
Deepak Fertilisers and Petrochemicals Corp Ltd plans to invest Rs 415 crore in expanding its fertiliser capacity this year. The company proposes to invest around Rs 360 crore in doubling...
Source: The Hindu Business Line
Click here for the full article.18 May, 2012
Bharti Airtel cuts 3G data plan rates by 70%
In order to boost usage of third generation (3G) mobile services in the country, Bharti Airtel on Thursday, cut its 3G data plan rates by up to 70%. This is the first price cut ever by an operator in three years.
Source: BloombergUTV.com
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