After cutting losses by 70 per cent to Rs 259.70 crore last fiscal, Industrial Finance Corporation of India on Friday said it hopes to breakeven this fiscal, provided liabilities worth Rs 4,000 crore are restructured.
The shareholders of Hikal Ltd have approved the issue of bonus shares in the ratio of one equity share for every two equity shares held.
The 66-year-old Ray Mali, a former president of the Border Cricket Union in the town of East London takes over from Percy Sonn.
Oil marketing company Bharat Petroleum Corporation Ltd, on Monday announced a mega foray into oil exploration and production business and has earmarked a budget of Rs 1,000-1,500 crore (Rs 10-15 billion).
Indian Aluminium Company Ltd vice-chairman A K Agarwal on Wednesday ruled out the merger of the company with its parent Hindalco Industries Ltd.
The agribusiness division revenues in Q1 was Rs 1,418 crore and the profit before tax for the segment was Rs 54 crore, against a revenue of Rs 1,111 crore and PBT of Rs 47 crore in Q1 of the last financial year.
Consumer goods major Hindustan Lever Ltd said on Friday that each of its mega brands is capable of generating a sale of Rs 1,000 crore (Rs 10 billion) in the foreseeable future.
Health insurance coverage should be hiked periodically to keep pace with medical inflation, or increase in healthcare costs.
There is a scope for 30 per cent reduction in mobile tariffs if the government brings down current taxes on telecom industry, Sunil Mittal, chief managing director, Bharti Enterprises said on Tuesday.
Finance Minister P Chidambaram on Thursday said it was not sufficient to attain a high 8 per cent growth in one year but necessary to sustain it in the coming years.
The Board of Control for Cricket\nin India today informed the Supreme Court that Jagmohan\nDalmiya is discharging functions as the President of the Board.
The Sports Ministry on Friday lifted the suspension on the Indian Olympic Association with immediate effect after it removed the corruption-tainted duo of Suresh Kalmadi and Abhay Singh Chautala as life presidents following widespread outrage.
The BWF said that it was also looking at options to host its annual general meeting and members' forum which were due to take place in Aarhus in August.
Maharashtra, by this month end, would become only the second state after Uttar Pradesh to sell ethanol doped petrol at all retail outlets, Petroleum Minister Ram Naik said on Monday.
Shaw Wallace & Company Ltd, the liquor and beer manufacturer, will go in for 'settlement' of income tax claims on it, amounting to Rs 300 crore (Rs 3 billion), as per provisions of the Income Tax Act.
The Tata Group on Wednesday announced that it would set up a cancer hospital in Kolkata and make further investment in West Bengal.
Ramalingam Kalirajan explains the pros and cons of both investment types.
Top Muslim body Jamiat Ulama-i-Hind (JuH) on Thursday passed a resolution stating that Kashmir is an 'integral part' of the country and said the welfare of the people in the valley lies in their integration with India.
A crammed international calendar in three formats of the game and the added strain of playing in biosecure bubbles during the COVID-19 pandemic have pushed players like Trent Boult to breaking point.
The Marylebone Cricket Club (MCC) on Wednesday announced its decision to recommend former Sri Lanka captain Kumar Sangakkara for a second term as president due to the disruptions caused by the coronavirus pandemic. The former wicketkeeper-batsman had became the first non-British President of the club after he assumed office on October 1 last year.
Reliance Energy Ltd shareholders on Wednesday approved a proposal to buy back a part of its equity shares at maximum Rs 525 per share aggregating up to Rs 350 crore.
Enthused by the high 8.4 per cent growth in the second quarter, the Reserve Bank of India on Wednesday revised upwards the economic growth for 2003-04 at 7 per cent.
President A P J Abdul Kalam on Wednesday asked the industry to encourage entrepreneurship to achieve an economic growth of 10 per cent and help eliminate poverty in the country.
Prof Ratnakar Shetty was elected joint secretary.
Jagmohan Dalmiya, who will be going for his third term, is unlikely to face any challenge.
Bajaj Auto Ltd has no plan to offer the Japanese company Kawasaki an equity stake in Bajaj Auto or any of its subsidiaries, Rahul Bajaj, chairman and managing director of the company, said in Pune on Saturday.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances