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TN aerospace park to attract Rs 1,000 cr investment

Chennai, Oct 25 (IANS) Tamil Nadu Chief Minister K. Palaniswami on Wednesday laid the foundation for a 245-acre aerospace components park in Kanchipuram district that is expected to attract an...

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Bailing out banks with public money worst crony capitalism: CPI-M

New Delhi, Oct 25 (IANS) The Centre’s decision to recapitalise public sector banks “being looted by corporates” by infusing Rs 2.11 lakh crore is the “worst expression of crony capitalism”, the CPI-M...

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PNB expects to clock business of Rs 11.50 lakh cr by fiscal-end

Kolkata, Oct 25 (IANS) State-run lender Punjab National Bank (PNB), which is eyeing a total business of about Rs 11.50 lakh crore by the end of the current financial year, is hoping to bring down the...

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Bharatmala project to increase national corridors to 50: Gadkari

New Delhi, Oct 25 (IANS) The Centre’s Bharatmala Paroyojana will increase the number of national corridors from six to 50, double freight on national highways to around 80 per cent and help connect...

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Sensex crosses 33k-points, state-run banks stocks shine (Roundup)

Mumbai, Oct 25 (IANS) Healthy buying in state-run banks stocks lifted the key Indian equity indices — S&P BSE Sensex and NSE Nifty 50 — to breach their respective intra-day and closing record...

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HUL’s Q2 net profit up 16%

Mumbai, Oct 25 (IANS) FMCG major Hindustan Unilever Limited (HUL) on Wednesday reported a rise of 16.46 per cent in its net profit for the second quarter of 2017-18. According to the FMCG major, its...

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SC reserves order on JAL plea for hiving off toll collection

New Delhi, Oct 25 (IANS) The Supreme Court on Wednesday reserved its order on Jaypee Associates’ plea on hiving off toll collection on the Yamuna Expressway to raise Rs 2,000 crore, as the Centre told...

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Biocon’s arm Syngene revenue up 10% in Q2

Bengaluru, Oct 25 (IANS) Biocon’s leading subsidiary Syngene International Ltd on Wednesday reported Rs 352 crore revenue for the second quarter of 2017-18, registering 10 per cent annual growth from...

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Exide Industries net profit down over 25% in Q2

Kolkata, Oct 25 (IANS) Battery major Exide Industries on Wednesday reported a 25.46 per cent fall in its net profit to Rs 135.52 crore for the quarter ended September 30, 2017 as compared to Rs 181.81...

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Emami net profit up 49.69% in Q2

Kolkata, Oct 25 (IANS) Fast moving consumer goods company Emami Ltd on Wednesday reported a 49.69 per cent rise in its consolidated net profit to Rs 98.60 crore for the quarter ended September 30,...

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