Maruti Suzuki Net Jumps 18% to Rs 802 Crore in Q3
Maruti Suzuki, India’s largest car maker, reported an 18 per cent year-on-year (y-o-y) jump in its net profit to Rs 802 crore for the quarter ending December 31, 2014. Its net sales rose over 15 per cent y-o-y to Rs 12,263 crore. Higher volumes, lower raw material costs and favourable foreign... read more »
Union Bank Of India Q3 profit falls 13%
Union Bank of India, a public sector bank in India, has posted a fall of 13.33% in net profit to Rs 3,024.20 million for the quarter ended December 31, 2014 as compared to Rs 3,489.40 million in the corresponding quarter, a year ago. Total Income has increased by 8.39% to Rs. 89,210 million for the... read more »
Swiss gold exports to India cross Rs 1.2 lakh crore
Switzerland’s gold exports to India crossed Rs 1.2 lakh crore in 2014 even as concerns persist over bullion being used to channel illicit funds into the Indian shores. The value of precious metal imported from Switzerland touched 17.1 billion Swiss francs (over Rs 1.2 lakh crore) during the... read more »
America can be India’s best partner: Obama
Nothing fills me with more hope than when I see young people speak. To the people of this great nation, I bring you the friendship of the American people. Thank you so much for welcoming us back to India. ‘Bahut Dhanyavad’. It’s my great honour to be the first US president to join... read more »
India’s growth rate to surpass China’s in 2016: IMF
WASHINGTON: India is expected to grow at 6.3 per cent this year and 6.5 per cent in 2016 by when it is likely to cross China’s projected growth rate, the IMF said on Tuesday while... read more »
Nifty hits record high; HDFC & Axis Bank up 3-4%, GAIL dips
The Nifty touched record high at 8628 today, up 68.55 points or 0.80 percent at 8619.25 while the Sensex rose 249.88 points or 0.88 percent to 28511.89. About 1557 shares have advanced,... read more »
Air traffic rises 15% in December, SpiceJet registers highest percentage of cancellations
New Delhi: Domestic air passenger traffic increased by 15.29 percent in December to 64.40 lakh passengers — up from 55.86 lakh in the corresponding month last year, official data... read more »
Twitter acquires Indian mobile marketing startup ZipDial
Twitter has just acquired an Indian startup ZipDial, a mobile marketing and analytics company based in Bangalore. ZipDial came into prominence in 2013, when it effectively converted missed... read more »
Sri Lanka: Police raids Mahinda Rajapaksa’s country home
Colombo – Embattled former Sri Lankan president Mahinda Rajapaksa’s country home in the southern province has been raided by police who were looking for a luxury sports car but the search... read more »
