The national per capita income in 2013-14 stood at Rs 87,748.
Overall expenses in Q2 stood at Rs 6,473.68 crore, as against Rs 5,871.25 crore in the year-ago period.
Sales tax continues to top the state's largest source of income.
The erosion in the standalone net profit is mainly on account of higher provisioning against bad loans, operating expenses, including employee cost besides tax outgo of over Rs 900 crore (Rs 9 billion).
Nestle's Maggi 'shock therapy' worked. Nestle probably required such shock treatment as the June 2015 ban on Maggi noodles to jerk it out of its ennui, suggests Suresh Narayanan, now chairman and managing director of Nestle's India business.
Kumar Mangalam Birla will be the non-executive chairman and Balesh Sharma the new CEO of the merged entity, which will remain listed.
Tata Consultancy Services Ltd informed the Bombay Stock Exchange on Wednesday that its revenues for the first quarter of 2010-11 increased by 6.21 per cent over the previous quarter to Rs 8,217 crore (Rs 82.17 billion).
The total revenue in the September quarter grew 14.5 per cent to Rs 3,451 crore
While Vodafone will hold 45.1% of the shares in the new entity, to be renamed at a later stage, Kumar Mangalam Birla and other promoters of Idea group will hold 26%. Vodafone India will also transfer 4.9% of its shareholding to Idea's promoters for a cash consideration of Rs 38.74 lakh crores.
Maintaining its impressive growth, the Indian Railways earned over Rs 45,106 crore (Rs 451.06 billion) from April to December 2006 as compared to Rs 38,580 crore (Rs 385.80 billion) during the same period
With the new entity coming in force, Bharti Airtel will lose the tag of India's biggest telecom service provider to the new entity.
Wipro Limited Profit After Tax grew by 45% year on year (yoy) to Rs. 6.20 billion (Rs. 620 Crores), Total Revenue increased by 39% yoy to Rs. 31.43 billion (Rs. 3,143 Crores)
Why are investors gung-ho about State Bank? asks Tamal Bandyopadhyay.
To help the country emerge as a true welfare State, political parties must put the country's interests first before strategising to win elections and short-term goals, argues Ramesh Menon.
ICICI Bank has posted a net profit of Rs 522 crore [Rs 5.22 billion ($116 million)] for the year ended March 2004, under the US GAAP, as against a net loss of Rs 798 crore [Rs 7.98 billion ($177 million)] in 2002-03.
The government sold 63.16 crore shares or 10 per cent stake in Coal India through an offer for sale (OFS) on January 30.
However, TCS, ITC, Infosys, HDFC Bank, ICICI Bank and Sun Pharma added Rs 27k cr in m-cap
The merger will result in substantial cost and capex synergies with an estimated net present value of around USD 10 billion after integration costs and spectrum liberalisation payments, with estimated savings of USD 2.1 billion annually from the fourth year of the merger.
Indian economy had grown at decade low rate of 4.5 per cent in 2012-13. The economic growth in 2013-14 was 4.7 per cent.
Consolidated net debt of Airtel increased by 24 per cent to Rs 97,395.2 crore.
'India and China are at new inflection points, domestically and internationally. India needs to throw up a new leader whose vision is clear, experience laden with wisdom and articulation brimming with restraint and tolerance,' says Ambassador K C Singh.
'I am only asking about his travel bills and expenditure.'
This was the fifth consecutive quarter when the Indian markets have seen positive flows from FIIs.
The call drop rate should not be more than 2 per cent and for worst affected cells it should not be more than 3 per cent.
Under its Turnaround 2.0 programme, Tata Motors will work to improve its sales capabilities -- "as the product itself is not enough" -- use experiential marketing to excite the market and cut costs to make its offerings more competitive.
Bimal Jalan, has recommended to the government that it cut fiscal deficit to 3.6 per cent of the GDP during 2015-16.
The government managed to raise revenues by sending notices to high net individuals to did not file I-T returns last year.
ICICI Bank on Monday said it sees no impact of the Greek debt crisis on the bank as it has no exposure to Europe.
The branch is likely to be inaugurated on Saturday by Prime Minister Narendra Modi, who is on a three-day visit to China
Nestle says newly manufactured Maggi found safe in tests; to start retail sales this month.
The 50-share NSE Nifty gained 53.30 points or 0.61 per cent to 8,778.
Oil firms' borrowings could fall by up to Rs 15,000 cr, govt's subsidy bill by 12% .
The breadth, indicating the overall health of the market, turned negative. On the BSE, 1,581 shares declined and 1,246 shares fell. A total of 165 shares were unchanged.
Banks and exporters preferred to reduce their dollar position in view of its weakness.
The calculation excludes cross-holding of listed group cos in each other.
Investors lost around Rs 1.57 lakh crore in market valuation on Friday.
James Wilson explains why Indians are destined to silently suffer the cash shortage for half a dozen more months.
Net profits may dip 4.9% y-o-y, but the silver lining is that performance may be better than the preceding quarter
Sensex ended at 26,272 up 125 points and Nifty ended at 7,831 up by 35 points.
Biju Janata Dal members had staged a walk-out while NDA ally Shiv Sena did not participate in the voting.
