BUSINESS - Automobile


  • Marginal increase in Vijaya Bank third quarter net profit

     
    Buffeted by the slackening credit offtake and shrinking interest spreads, Vijaya Bank, on Friday, reported a marginal increase in net profit during 2012-13. It made a net profit of Rs.585.61 crore, 0...... More

  • Biocon profit rides on insulin

     
    Biotechnology drugs company Biocon announced a 50 per cent jump in its net profit at Rs. 509 crore for 2012-13, largely due to an exceptional income of Rs. 202 crore from the U.S. major Mylan for insu..... More

  • Manufacturing cannot be halted: Anil Agarwal

     
    Asserting that 'I have no fear and don’t do anything wrong,' Chairman of the controversy-ridden Vedanta Group, Anil Agarwal, has warned that a country like India cannot afford any stoppage in manufact..... More

  • Maruti posts record Q4 net

     
    Notwithstanding slowdown in the domestic automobile industry, Maruti Suzuki India (MSI), on Friday, reported its highest-ever quarterly profit at Rs.1,147.5 crore during January-March 2013 (fourth qua..... More

  • No instances of money laundering: Kochhar

     
    ICICI Bank, on Friday, conceded that some 'transactional errors' had been discovered in the audit done following a sting operation by a news portal but insisted that there was no money laundering. 'Th..... More

  • Tata Tech to buy U.S. firm Cambric Corporation

     
    Tata Technologies (TTL) has signed definitive agreements to acquire U.S.-based Cambric Corporation, an engineering services company, for $32.5 million (around Rs.177 crore). Tata Technologies provides..... More

  • ICICI Bank Q4 net up 21 %

     
    ICICI Bank reported a 29 per cent growth in net profit at Rs.8,325 crore for the year ended March 31, 2013, against Rs.6,465 crore in the previous year due to rise in income and improvement in margins..... More

  • Crude oil, natural gas production miss 2012-13 target

     
    Crude oil and natural gas production in 2012-13 were 0.6 per cent and 14.5 per cent less respectively compared to the previous fiscal. The refineries turned in a better performance with their cumulati..... More

  • Taking stock

     
    He is neither a bull nor a bear in the stock market. In fact, he does not invest in stocks. But strangely C. J. George MD, promoter and founder of Geojit, is one of the most defining names in the world..... More

  • Samsung Galaxy S4 rings in India

     
    Samsung on Friday launched the fourth-generation of its Galaxy range of phones, S4 in India at Rs. 41,500. The phone, packed with newer imaging features as well as gesture-control technology will be a..... More
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