The government plans to prepay Rs 5,188 crore (Rs 51.88 billion) worth of high cost debts of Asian Development Bank in the current fiscal, after having prepaid Rs 6,378 crore (Rs 63.78 billion) to the World Bank a few days back.
Private equity major DE Shaw is investing Rs 630 crore (Rs 6.3 billion) in Noida-based International Amusement Ltd (IAL), the promoters of Appu Ghar. This is the country's first private equity (PE) deal in an amusement park.
The revised salaries of central government employees are likely to be paid from July 1, 2016.
Spectrum auction took off on Wednesday from Rs 58,980.29 crore (Rs 589.80 billion) mark with demand for the premium 900 Mhz band seemingly tapering off at the end of 56 rounds.
The size of the Tata group's nine acquisitions in 2005 is only marginally lower than the Rs 4,380 crore spent so far by India Inc on buying companies abroad in the year.
Enforcement Directorate to approach court to attach industrialist's properties worth Rs 4,000 crore
This was disclosed at a high-level inter-ministerial meeting chaired by Home Minister Rajnath Singh in New Delhi on Thursday
FMCG major Hindustan Unilever Ltd on Monday reported a net profit of Rs 408.06 crore (Rs 4.08 billion) for the quarter ended September 30, while the same was Rs 520.74 crore (Rs 5.21 billion) in the corresponding period last fiscal. The company's total income stood at Rs 3470.49 crore (Rs 34.70 billion) for the quarter under review, while it was at Rs 3162.82 crore (Rs 31.63 billion) in the same quarter previous year.
Construction major L&T was the biggest gainer among the Sensex components, spurting 2.30 per cent, after the company said its board has approved a Rs 9,000-crore share buyback plan.
State-run telecom firms BSNL and MTNL have to recover a massive Rs 4,469 crore (Rs 44.69 billion) outstanding dues from states, centre, defence establishments and private subscribers, the Rajya Sabha was informed on Thursday.
It has earned Rs 61 crore (Rs 610 million) so far in the current fiscal.
While most of the amount has been spent on hunger, poverty, healthcare and education, the least was spent on sports, armed forces veterans and technology incubators.
However, the cumulative gains of these six companies at Rs 35,716.85 crore was less than the total loss seen by the four firms - TCS, ITC, HDFC and CIL
IT firm HCL Technologies on Wednesday said its net profit declined by 42 per cent to Rs 152.57 crore (Rs 1.52 billion) in the third quarter ended March 31, 2009.
Reliance Industries was the only stock which defied the broader market trend
The government has forgone Rs 6,300 crore (Rs 63 billion) through cuts in customs duties announced since June 2006 to bring relief to the common man from high inflation, which stood at 4.80 per cent for the week ended June 2.
The company had a net profit of Rs 8,079 crore (Rs 80.79 billion) in the corresponding quarter of the last fiscal, the Mukesh Ambani-led firm said in a filing to the Bombay Stock Exchange. The total turnover also dipped 8.75 per cent to Rs 31,563 crore (Rs 315.63 billion) during the quarter under review from Rs 34,590 crore (Rs 345.9 billion) in the year-ago period.
The index rising for the fourth straight session surged 564 points.
The government collected over 40 per cent more revenue from taxes at Rs 44,463 crore (Rs 444.63 billion) during the first quarter of this fiscal against Rs 31,668 during the corresponding period of 2005-06.
CCI's ruling came on a complaint filed by Express Industry Council of India.
Tata Consultancy Services on Monday announced a consolidated net profit of Rs 5,026.02 crore (Rs 50.26 billion) for the year ended March 31, 2008, an increase of 19.3 per cent as compared to the corresponding period a year-ago.The total income of the group stood at Rs 23,349.45 crore (Rs 233.49 billion) for the year ended March 31, 2008, compared to Rs 18,914.26 crore (Rs 189.14 billion) for the corresponding period a last year.
The m-cap of HDFC Bank soared Rs 13,030.16 crore to Rs 3,10,188.96 crore, emerging as the biggest gainer among the top-10 firms.
A Rs 559.91 crore (Rs 56 billion) deficit budget (2003-04) that proposes to generate Rs 170 crore (Rs 1.7 billion) additional resources through taxes was presented on Monday by Madhya Pradesh Finance Minister Ajay Narayan Mushran in the Assembly.
In 2013-14, the funds witnessed outflow of Rs 2,293 crore
The government has detected over Rs 1 lakh crore of undisclosed income in the last financial year, a figure more than double as compared to the search and seizure action undertaken by the Income Tax department during 2012-13 to check black money.
Over the past week, BSE Sensex fell sharply by 701.24 points to 27,366.07
Ashok Leyland Ltd has posted a net profit of Rs 232.87 million for the quarter ended December 31, 2002 as compared to Rs 135.18 million in the quarter ended December 31, 2001.
The total income of the company rose by 34.64 per cent at Rs 4,883.6 crore (Rs 48.83 billion) for the quarter reviewed against Rs 3,627 crore (Rs 36.27 billion) for the same quarter last year, Wipro said in a communique to the Bombay Stock Exchange.
This is BSE Sensex's best weekly rise since October 31, 2014.
Home grown steel major, Tata Steel on Wednesday reported over six-fold per cent leap in its profit after tax at Rs 6,388 crore
Only CIL, SBI and HDFC Bank made gains
Excluding the pension outgo, the allocation in the Union Budget for the armed forces stands at Rs 3.62 lakh crore.
This year's auctions will wrap up in one day.
A round-up of Ranji matches played on Saturday.
A summary of Thursday's matches in the Vijay Hazare Trophy limited-overs' tournament.
Investor wealth slumped by Rs 1.55 lakh crore on Thursday today, dragged down by massive selling in the stock markets where nearly seven out of ten shares closed lower.
The airlines were penalised for 'concerted action in fixing and revising Fuel Surcharge (FSC) for transporting cargo.'
