New Delhi | August 28, 2014 22:31 (IST)
The Noida-based company had posted a net loss of Rs 40.25 crore in the same quarter last fiscal, HCL Infosystems said in a filing to the BSE.
Paris | August 28, 2014 21:54 (IST)
Half of this amount was booked in the first quarter of its April 2014-March 2015 fiscal year and the other half will be booked in the second quarter, the company said in a statement.
Mumbai | August 28, 2014 21:46 (IST)
Adani Power Ltd has reduced output at its Mundra facility in Gujarat by about 2,300 megawatts due to a shortage of coal, two senior officials at state-owned power transmission utility Power Grid Corp of India Ltd said.
New Delhi | August 28, 2014 20:02 (IST)
CBI sources said the enquiries will look into alleged irregularities in the extension of credit facilities by UCO Bank and Bank of Maharashtra in the borrowers account facilitated by Pawan Bansal of Altius Finserve, an accused in the Syndicate Bank bribery scandal, and his associates.
New Delhi | August 28, 2014 19:48 (IST)
As part of the deal, the Hewlett Packard-owned IT services firm will offer end-to-end customer relationship management (CRM) services that includes inbound phone banking, outbound calling and complaints management for the bank.
New Delhi | August 28, 2014 19:43 (IST)
The board of ONGC at its meeting today approved "investing Rs 5,219 crore towards Daman Development project to enhance production of natural gas and condensate in its Tapti Daman Block in Arabian Sea," the company said in a statement.
New Delhi | August 28, 2014 19:40 (IST)
Bajaj Electricals Ltd today said its engineering and project business unit has bagged four new orders worth Rs 602.12 crore.
New Delhi | August 28, 2014 19:26 (IST)
CBI has registered a case against Bengal India Global Infrastructure for allegedly cheating Central Bank of India of over Rs 139 crore by availing loans on forged documents.
Kolkata | August 28, 2014 18:49 (IST)
A division bench comprising Justice Jayanta Biswas and Justice Iswar Chandra Das dismissed the appeal of grounded Kingfisher Airlines, upholding a single judge order.
New Delhi | August 28, 2014 18:00 (IST)
Suzlon Group chairman and managing director Tulsi Tanti said, "We welcome new government's decisions to restore accelerated depreciation (AD). This will create 20,000 new jobs annually in the wind energy space."
Chennai | August 28, 2014 17:56 (IST)
Hindustan Motors, the manufacturers of the famous Ambassador range of cars, in a BSE filing, said, "the company is one of the parties against which the order has been issued. The Competition Commission of India has levied a fine of Rs 13.85 crore on the company".
New Delhi | August 28, 2014 17:36 (IST)
Tyre maker Ceat, which plans to raise up to Rs 500 crore through issue of securities, will use majority of the fund to finance expansion of its ongoing projects in Bangladesh and Gujarat.
Mumbai | August 28, 2014 17:24 (IST)
The company, which had earlier put on hold the expansion at the plant and considered other options citing lack of support from the Maharashtra government, said the fresh infusion would take its total investment in Chakan to Rs 8,000 crore.
August 28, 2014 17:12 (IST)
The written test is the first step in the recruitment of SBI probationary officer, which will be followed by group discussion and personal interview.
New Delhi | August 28, 2014 16:49 (IST)
IOC, the nation's largest company, in a filing to the stock exchanges said, "K Jairaj, Nesar Ahmad, Sunil Krishna and Sayan Chatterjee have ceased to be Independent Directors on the Board of the company on August 27, 2014."
New Delhi | August 28, 2014 16:34 (IST)
The company has been incurring losses since 2012, which at the end of fiscal ending March 31, 2014, had eroded peak net worth of previous four years of Rs 2,252.89 crore by 92 per cent.
Kochi | August 28, 2014 16:27 (IST)
Railways is also keen to modernise railway stations with the help of private players. They are also prepared to lease out its properties for 30-35 years, but a share should be given to the Railways, he said.
Seoul | August 28, 2014 15:45 (IST)
The world's biggest smartphone maker has been pushing hard to develop the wearable devices market as it looks to counter slowing earnings in its mobile division, which led to weaker-than-expected second-quarter earnings.
Noida | August 28, 2014 15:32 (IST)
The new X3 is available only in diesel option and is being locally produced at the company's Chennai plant. It goes on sale across the country from today onwards.