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Maruti Suzuki’s Q4 net profit up 16%

Mumbai, April 27 Automobile major Maruti Suzuki on Thursday reported a rise of 15.8 per cent in its net profit for the fourth quarter of 2016-17. According to the company, its net profit for the quarter under review increased to Rs 1,709 crore from Rs...

Axis Bank’s Q4 net profit down 43%

Mumbai, April 27  Lending major Axis Bank on Wednesday reported a decline of 43.13 per cent in its net profit for the fourth quarter (Q4) of Fiscal 2016-17. The company’s net profit decreased to Rs 1,225.10 crore from Rs 2,154.28 crore reported...

RIL’s 2016-17 oil, gas revenues fall over 30%

Mumbai, April 24 (IANS) Reliance Industries (RIL) on Monday posted a 30.9 per cent fall in revenue from its oil and gas business in the last fiscal at Rs 5,191 crore, as compared with Rs 7,514 crore during the like period in 2015-16, owing to lower gas...

RIL’s Q4 consolidated net up 12.3%, annual profit rises 18.8%

New Delhi, April 24 (IANS) Industrialist Mukesh Ambani-led Reliance Industries Limited’s (RIL) consolidated net profit for the fourth quarter (January-March) of 2016-17 Fiscal moved up by 12.3 per cent, a company statement said here on Monday. The...
L&T Technology Services wins Smart City & Campus project

L&T Technology Services wins Smart City & Campus project

•  Expanded partnership with Microsoft to deliver Smart City & Campus solutions that can lower customer energy bills by up to 40 percent •  Jointly wins multi-million dollar Smart office project in Israel; will use Microsoft’s Digital User...
Jain Irrigation to build micro-irrigation project in Karnataka

Jain Irrigation to build micro-irrigation project in Karnataka

Bengaluru, April 21 (IANS) Jain Irrigation Systems Ltd (JISL) would build an integrated micro-irrigation project in Karnataka’s Mandya district, a top official of the farm equipment maker said on Friday. “The Cauvery Neeravari Nigama Ltd has...

‘Renewable industry policy needed to achieve target’

New Delhi, April 21 (IANS) India needs to have state-level renewable energy policies to achieve the national target of 175 GW by 2022, a report said on Friday. “The ecosystem of Renewable Energy in India is still fraught with constraints,in particular...

HDFC Bank’s Q4 net profit up 18%

Mumbai, April 21 (IANS) HDFC Bank on Friday reported a rise of 18.25 per cent in its standalone net profit for the fourth quarter (Q4) of 2016-17. The company’s net profit rose to Rs 3,990.09 crore from Rs 3,374.22 crore reported in the fourth quarter...

SpiceJet to start second daily Kolkata-Dhaka flight from May 16

New Delhi, April 22  Low-cost carrier SpiceJet on Friday said it would launch its second daily direct flight on the Kolkata-Dhaka route from May 16. The airline, which now operates to seven international destinations, is the only low-cost carrier to...

RIL commissions giant ethane project in Gujarat

Mumbai, April 20  Reliance Industries (RIL) on Wednesday announced the commissioning of its ethane gas project at its Dahej manufacturing facility in Gujarat, including the ethane receipt and handling facilities and ethane cracking, all within a record...

AirAsia India launches its first flight from Kolkata, Ranchi

Bengaluru, April 17  AirAsia India, a joint venture between Tata Sons and AirAsia, on Saturday launched its first flight from Kolkata and Ranchi as a part of its continued expansion. The carrier will connect Kolkata-Ranchi and Ranchi-New Delhi with double...

Reliance Power Q4 net zooms three-fold at Rs 216 crore

Mumbai, April 14  Reliance Power on Wednesday posted a whopping over 250 per cent surge in consolidated net profit for the fourth quarter ended March 31 at Rs 216 crore, boosted by a 40 per cent fall in tax expenses during the period. The company had...

Infosys net up 6.4% for fiscal 2016-17

Bengaluru, April 13  Global software major Infosys Ltd has posted Rs 14,353 crore consolidated net profit for the fiscal 2016-17, registering 6.4 per cent annual growth from Rs 13,491 crore in the fiscal 2015-16. In a regulatory filing to the BSE on...
Reliance Power seals Bangladesh project deals worth $1 bn

Reliance Power seals Bangladesh project deals worth $1 bn

New Delhi, April 10  Reliance Power on Monday executed project agreements with Bangladesh Power Development Board (BPDB) for Phase I of the 750 MW liquefied natural gas (LNG) power project at Meghnaghat, near Dhaka, a company statement said here. These...

Jio to withdraw 3 months complimentary Summer Surprise offer

New Delhi, April 7  Advised by the telecom regulator, Reliance Jio on Thursday said it will withdraw the three months complimentary benefits of Jio Summer Surprise, “as soon as operationally feasible, over the next few days”.“Today,...

Microsoft Windows 10 offers more transparency to users

New York, April 6  A week after Microsoft announced its Windows 10 Creators Update, the company introduced new privacy tools that will offer customers more transparency and control.According to a post by Terry Myerson, Executive Vice President of Windows...

India added 5,400 MW wind power capacity in last fiscal

New Delhi, April 2 (IANS) India added over 5,400 MW of wind energy generation capacity during 2016-17 — bettering its target of 4,000 MW, an official said on Sunday. “The Ministry of New and Renewable Energy (MNRE) has set a record in wind...

Jet fuel rates cut by over 5%

New Delhi, April 2 (IANS) With the recent dip in global crude oil prices to around $50 a barrel levels, the price of aviation turbine fuel (ATF), or jet fuel, has been cut by over 5 per cent — reversing a trend of hikes over the last two months. State-run...

India’s April-February fiscal deficit at 113.4% of full year target

New Delhi, March 31 (IANS) India’s fiscal deficit in the April-February period of the current fiscal touched Rs 6.06 lakh crore or 113.4 per cent of Budget estimates for 2016-17 – as against 107.1 per cent of Budget in the same period of...

Samsung launches flagship Galaxy S8, S8 Plus

New York, March 30  After much speculation over its built and specifications over past few months, South Korean giant Samsung on Wednesday launched its flagship device, Galaxy S8, that has a voice assistant. The device comes in two variants with different...
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