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Steel demand to grow 7-8% this year: SAIL

Monday, 29 Apr 2013 | PTI | New Delhi

Country’s largest steel maker SAIL has said it expects the domestic demand for the metal to grow by 7-8 per cent this year, although prices may hover at the current level. “If you see the demand for the first four months of the current calendar year, year-on-year basis globally, even...

Companies Bill likely in Rajya Sabha this week

Monday, 29 Apr 2013 | PTI | New Delhi

The much-awaited Companies Bill, which seeks to replace the more than five-decades old regulations that govern corporates in the country, is likely to be tabled in the Rajya Sabha this week. The Companies Bill 2012, which envisages a slew of changes to rules governing the functioning as well as social...

SW steel plant in Bengal is not stalled: Partha Chatterjee

Monday, 29 Apr 2013 | PTI | Kolkata

Even as the JSW Chairman and Managing Director Sajjan Jindal said that the steel major has put on hold plans to set up its 10 million tonnes steel plant in West Bengal, Industry Minister Partha Chatterjee today claimed that the project has not been stalled. "The state government along with JSW...

Maruti posts best ever quarterly profit

Saturday, 27 Apr 2013 | PNS | New Delhi

Maruti Suzuki India smashed all forecasts by announcing highest ever 79.4 per cent jump in its standalone net profit for the quarter ended March 31 at Rs1,147.5 crore on the back of good sales of models like Ertiga, DZire and Swift. Maruti shares zoomed 5.26 per cent and ended...

Suzuki chief meets Modi

Saturday, 27 Apr 2013 | PNS | Ahmedabad

Suzuki Motor Corp Chairman Osamu Suzuki on Friday met Gujarat Chief Minister Narendra Modi to review the progress of the two projects in the state being set up by its subsidiary Maruti Suzuki India. Suzuki was accompanied by Maruti Suzuki India (MSI) Chairman R C Bhargava and company's MD and...

Hero Q4 net down 5% at Rs 574 crore; third decline in a row

Saturday, 27 Apr 2013 | PNS | New Delhi

Rising competition in the motorcycle market is continuously hurting two-wheeler market leader Hero MotoCorp’s quarterly profit as the company of Friday reported 4.86 per cent decline in its net profit at Rs574.23 crore for the fourth quarter ended March 31, 2013, its third successive fall in quarterly profits. The company...

Swiss central bank keeps some gold in UK, Canada

Saturday, 27 Apr 2013 | AP | Geneva

The Swiss National Bank has for the first time disclosed where it stashes its 1,040 tons of gold, saying almost a third is kept overseas, in Britain and Canada. Swiss National Bank President Thomas Jordan told an annual shareholders' meeting today that 70 percent of the reserves are stored in...

Honda's annual net profit soars to $3.7 bn

Saturday, 27 Apr 2013 | AP | Tokyo

Japanese automaker Honda said on Friday its net profit for the year to March soared 73.6 per cent to $3.7 billion, thanks to robust overseas sales, a weaker yen, and cost cutting. The rosy bottom line figure underscores a recovery among the nation's major automakers after Japan's quake-tsunami disaster in...

Ever-greening of patents cannot be permitted: DIPP

Saturday, 27 Apr 2013 | PNS | New Delhi

Amid concerns expressed by multi-national companies over the Supreme Court's judgement in the Novartis case, India on Friday said its laws are WTO compliant and no country could allow "ever-greening" of patents. "There has been a lot of debate about a judgement given by the Supreme Court. I suppose it's...

ICICI Bank net up 21% at Rs2304 cr

Saturday, 27 Apr 2013 | PNS | Mumbai

ICICI Bank on Friday reported 21 per cent jump in net profit at Rs2,304.07 crore for the fourth quarter ended March 31. It had earned a net profit of Rs1,902 crore in the same period last year, ICICI Bank said in a statement. Total income of the country's largest private...


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DU admissions to continue till June 28; 2nd cut-off list on July 1

25 Jun 2017 | Shipra Parashar/ Srishti Garg | New Delhi

With Delhi University declaring its first cut-off list on Friday, SGTB Khalsa college came out with the highest 99.66 per cent for BSc (Hons) Electronics...

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Police conducts mapping of incidents to bust snatching gangs

27 Jun 2017 | MUKESH RANJANA | Ranchi

Baffled with regular incidents of chain, wallet and mobile snatching in the State Capital, Ranchi police will now work on a multi-pronged strategy after conducting thorough mapping of the areas, targets, timing, modus operandi etc. of the incidents taking place in the recent days and ensure that the culprits are caught immediately after committing the crime...

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