The benchmark index, CSE-40 declined 124.43 points during the day. The market had declined 282.83 points in the previous trading session. The index opened at 6077.57 points and during the day it slipped and closed at 5953.34 points. The trading
The report takes into consideration drug-based firms, as these companies provide the best numbers to track the progress of biotech sector, Bangalore-based Biocon said in a statement. Companies have been ranked by revenue and by income and Biocon Limited is
Traditional fishing is in loss across the world, where as aquaculture has proved to increase fish production," Ahmed told the Legislative Council. Aquaculture, he said, is nothing but fishing in small ponds, tanks instead of sea. It implies cultivation of
I met RBI Governor Y V Reddy. Governor said there is still pressure on prices... I am in broad agreement with him," Chidambaram told reporters after a Cabinet meeting. "So, if these monetary measures take effect, Governor expects some moderation
Reddy feels that the measures being taken by the RBI would help ease pressures on prices. "I met RBI Governor Y V Reddy. Governor said there is still pressure on prices ... I am in broad agreement with him," Chidambaram
The physical laying of the pipeline from Kakinada in Andhra Pradesh to Bharuch in Gujarat has been completed, an industry source said. After mechanical completion, the pipeline is tested first by water flooding and then filling it with gas to
The 3-week group project, namely 'Protection of IPR' from July 21 to August 8, is one of the US government's most prestigious professional exchange programmes from foreign leaders, IMI sources said here. According to the sources, IMI today ranked third
While the company's hot metal production stood at 1.38 million tons and that of crude steel at 1.23 million tons during the period of review, a statement from Tata Steel said. It added that the company's saleable steel production touched
Around 300 schools have already been identified for the job by a high-level committee of the Corporation which is now in the midst of preparing a detailed report on implementing the action plan. "The fund will be utilised to develop
Parryware Roca is a 50:50 JV with the bathroom ceramics major Roca of Spain. The JV company offers products of international quality and designs and enable Parryware to access international markets. EID Parry India in a filing to the Bombay
We are in talks with an European company for forming either a marketing tie-up or a marketing joint venture. The joint venture company will sell the European company's premium brand of innerwear in the country," Maxwell Vice-Chairman and Managing Director
The carnival, part of a bigger plan to penetrate the burgeoning market in the Bengal heartland, evoked spontaneous response customers, a Maruti spokesman said. The event, which showcased different variants like Alto, WagonR, Alto Standard, offered special sops for rural
Airtel's initiative, Grameena Mobile Kranthi, is aimed at enabling every individual in rural India to have tele-connectivity through mobile. Addressing reporters jointly here today, Deepak Mehrotra, Executive Director, Bharti Airtel (south) and Vikram Akula, CEO of SKS Microsoft said that
However, castorseeds bold and its oil firmed up further on sustained industrial demand. In the edible section, groundnut oil dropped by Rs 5 to Rs 720 from Rs 725 previously and refined palmolein eased by Rs 4 to Rs 570
Setting aside the orders of the AO and Commissioner of Income Tax (Appeals) in case of Delhi-based Genesis Overseas case, the ITAT has ruled that tax sleuths cannot impose penalty without clearly mentioning the grounds for such action.
The 'Jetta' will be available in three variants and two engines including 1.6L petrol trendline, 1.9L diesel trendline and top of the line Jetta 1.9L diesel comfortline
HDFC has denied reports suggesting that the Citi group which is raising resources for its survival would be selling its 11.74% stake in the housing finance company. Citi stake in the HDFC would be worth around Rs 5500-Rs 6000 crore.
HDFC has reported a profit after tax of Rs 468.11 crore for Q1 2008-09 as compared to Rs 372.81 cr in the corresponding quarter of the previous year, showing an increase of 26%.
The expenditure on human resources works out to 50 to 55 per cent of the reveneus of the company and it expects to optimise its cost through a proper mix of hiring trainees and profesionals. Ajoyendra Mukherjee, Vice-President and Head,
