 |
| • Emami Q1 net profit up 126.7 percent |
| Diversified consumer non-durables group Emami posted a 126. |
| |
| • Samsung Electronics posts record second-quarter profit |
| South Korean electronics giant Samsung Electronics Co today posted a record 83 percent net profit rise for the second quarter, boosted by strong demand for chips and flatscreen televisions. |
| |
| • Rs.4,868 crore compensation to public sector banks |
| The government today approved compensation of Rs. |
| |
| • Prior price approval mandatory for scheduled drugs |
| The government has referred 39 cases to state drug controllers to prosecute firms selling scheduled drugs without securing the mandatory approval of their prices, Minister of State for Chemicals Srikant Jena said today. |
| |
| • Mercedes to launch new models to stay ahead of competition |
| Luxury car maker Mercedes Benz India is planning to launch new models, start a second shift and continue brand spend to stay ahead of competition in a market that is slated to grow at 50 percent this year. |
| |
| • Sensex subdued, Asian cues negative |
| A benchmark index for Indian equities today afternoon was trading quiet, tracking negative other Asian markets. |
| |
| • Private airlines owe Rs.304.65 crore to Airport Authority |
| Private airlines owe Rs. |
| |
| • Ashok Leyland takes 26 percent stake in British Optare |
| Ashok Leyland has bought 26 percent stake in Britain-based bus maker Optare for $7. |
| |
| • Noel Tata is new MD of Tata Internatinal |
| The Tata Group today appointed Noel N. |
| |
| • Graphite India Q1 net profit at Rs.34 crore |
| Graphite electrodes manufacturer Graphite India Ltd (GIL), posted a standalone net profit of Rs. |
| |
| • Air India, Jet lost Rs.127 crore due to strikes: Patel |
| Air India and Jet Airways have lost Rs. |
| |
| • Qualcomm's Indian arm to sell 26 percent stake |
| Cellphone chipmaker Qualcomm plans to sell 26 percent stake in its Indian arm to local partners, the company said today. |
| |
| • Sensex closes flat, global cues mixed |
| Indian equities markets closed the July future series on a dull note today with a benchmark index ending a meagre 39 points up from its previous close. |
| |
| • SAIL net profit drops 11.55 percent in the first quarter |
| State-run steel producing giant Steel Authority of India Limited (SAIL) today reported a 11. |
| |
| • Maharashtra, Delhi, Andhra have largest number of inactive companies |
| Maharashtra, Delhi and Andhra Pradesh topped a list of states that are home to inactive companies, according to data available with the corporate affairs ministry. |
| |
| Updated: 22 minutes ago |
