Chandigarh, Dec 16 (IANS) Chandigarh’s residential property market seems unaffected by the global financial slump. A 500 square yard plot was Wednesday auctioned for Rs.4.06 crore, more than double the reserve price of Rs.2 crore.
Similarly, a 125 square yard plot went for Rs.1.4 crore against the reserve price of Rs.43 lakh.
‘The administration had put 42 [...]
Ranchi, Nov 13 (IANS) Former Jharkhand chief minister Madhu Koda, who is at the centre of a Rs.2,500 crore money laundering scam, has ‘disappeared’ from his home, a senior Income Tax official said Friday.
Ujjawal Choudhary, director Income Tax investigation, told IANS that Koda had told probe officials he wanted to rest and asked them to [...]
New Delhi, Oct 31 (IANS) Realty major Unitech Saturday reported a 50.44 percent fall in its consolidated net profit at Rs.177.86 crore for the quarter ended Sep 30.
‘The total income of the company decreased by 48.29 percent to Rs.509.49 crore in the quarter under review,’ the company said in a regulatory statement.
Unitech said it had [...]
Mumbai, Oct 31 (IANS) India’s largest lender State Bank of India (SBI) Saturday said its net profit for the quarter ended Sep 30 rose 10.19 percent to Rs.2,490 crore from Rs.2,260 crore in the like period of last fiscal.
The state-owned bank said its total income for the quarter under review was up 14.19 percent at [...]
Bangalore, Oct 30 (IANS) State-run Syndicate Bank posted a net profit of Rs.178 crore for the second quarter this fiscal, a 32 percent decline compared to the Rs.262 crore earned in the corresponding period last fiscal.
In a regulatory filing Friday, the Manipal-based bank said its total income, including interest on advances and discount on bills, [...]
Mumbai, Oct 30 (IANS) State-owned Steel Authority of India Ltd (SAIL) Friday reported a 17 percent drop in second-quarter profit on account of lower prices.
Its net profit declined to Rs.1,660 crore in the quarter ended Sep 30 from Rs.2,009 crore in the like quarter last year, the company said in a regulatory statement.
The total income [...]
Mumbai, Oct 30 (IANS) Telecom major Bharti Airtel’s scrip Friday fell 6.38 percent lower than its previous close at the Bombay Stock Exchange (BSE) as investors dumped the stock because of disappointing second quarter results.
The scrip, which had fallen to an intra-day low of Rs.290.30 from Thursday’s closing figure of Rs.312.05, ended the day at [...]
Mumbai, Oct 30 (IANS) Tata Power Friday reported a 28 percent fall in net profit at Rs.182.1 crore for the second quarter this fiscal as compared to Rs.252.9 crore it logged in the like period last year.
The company’s net sales went down 12 percent to Rs.1,721.1 crore during the quarter under review from Rs.1,958.9 crore [...]
Mumbai, Oct 30 (IANS) Telecom major Bharti Airtel Friday posted a 43.1 percent increase in net profit to Rs.2,297 crore (Rs.22 billion) for the quarter ended Sep 30, 2009, as against Rs.1,605 crore in the same period last fiscal.
The total income increased 7.5 percent to Rs.8,927 crore in the period under review from [...]
Mumbai, Oct 23 (IANS) State-run power utility NTPC, formerly National Thermal Power Corp, Friday reported a marginal 1.96 percent increase in net profits to Rs.2,151.95 crore for the quarter ended Sep 30, as compared to Rs.2,110.51 crore in the corresponding period last fiscal.
Net sales during the period under review grew 11.6 percent to Rs.10,782.79 crore [...]
Mumbai, Oct 23 (IANS) Tobacco, hospitality and paper products giant ITC posted a 25.81 percent increase in net profits at Rs.1,009.91 crore for the quarter ended Sep 30, compared to Rs.802.72 crore in the corresponding quarter the last fiscal.
Its total income grew 11.08 percent to Rs.4,413.72 crore in the period under review from Rs.3,973.12 crore [...]
Agra, Oct 20 (IANS) Bollywood megastar Amitabh Bachchan, the brand ambassador of Max New York Life Insurance’s new product Max Vijay, Tuesday urged common people to invest in it saying the ’scheme will benefit the whole of India’.
‘When Max Life Insurance came to me with this initiative and introduced me to this scheme, I realised [...]
Kolkata, Oct 15 (IANS) State-owned UCO Bank has posted a net profit of Rs.207.72 crore for the second quarter of the current fiscal, it said Thursday.
‘The bank has posted a net profit of Rs.2,077.20 million (Rs.207.72 crore) for the quarter ended September 30, 2009 as compared to Rs.1,500.90 million for the quarter ended September 30, [...]
New Delhi, Oct 14 (IANS) Four men, wearing traffic police uniforms, robbed a businessman of Rs.22 lakh (Rs.2.2 million) in the national capital Wednesday, police said.
‘The incident took place around 11.45 a.m. in Keshavpuram area. The victim, Akshay Aggarwal, was going in his car to a bank to deposit Rs.2.2 million in cash when two [...]
New Delhi, Oct 14 (IANS) Real estate major FIRE Luxur Developer has started developing the first phase of its Bangalore township, ‘The Empyrean’, the company said Wednesday.
FIRE Luxur, a joint venture between private equity fund FIRE Capital Fund and the city-based Nilgiris Group, will invest $350 million to develop the first phase of the project.
Sprawling [...]
Mumbai, Oct 12 (IANS) HDFC Bank, the country’s second largest private lender, has posted a 24.27 percent increase in net profit at Rs.663.9 crore for the quarter ended Sep 30 as compared to Rs.534.23 crore it logged in the like period last year.
The bank’s total income stood at Rs.2,850.2 crore in the second quarter, up [...]
New Delhi, Sep 29 (IANS) With the housing market slowly picking up, realty major Omaxe Ltd is planning to launch four projects shortly, a top official said here Tuesday.
‘We are planning to launch four projects in the next two to three months with an investment of about Rs.1,500 crore,’ Rohtash Goel, chairman and managing director [...]
