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May 23, 2013
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Companies
OVL net up 44% to Rs 3,929 crore
Net profit in 2012-13 at Rs 3,929 crore was 44.4 percent higher than Rs 2,721 crore in the previous fiscal, the company said in a statement.
Latest News
Hitachi unveils cloud solutions and services for enterprises
HDC claims that it is industry's first integrated file sync and share solution that is built, sold and supported for the enterprises entirely by a single vendor.
L&T net slips 7% to Rs 1,788 cr as finance cost soars 132%
The lower than expected numbers came even as net sales of the city-based company rose nearly 10 percent to Rs 20,293.83 crore during the quarter vis-a-vis Rs 18,460.90 crore a year ago.
HSBC slapped with fine of Rs 5.5 lakh for unfair trade practice
A consumer forum here has imposed a fine of Rs 5.5 lakh on banking major Hongkong and Shanghai Banking Corporation (HSBC) Ltd for unfair trade practice of keeping its customer's already settled loan account outstanding and charging interest from him.
Competition Commission looking into Jet-Etihad deal
The Competition Commission of India (CCI) has received an application seeking approval for the proposed Jet-Etihad transaction.
Zicom eyes consolidated revenue of Rs 1,000 cr by FY'15
The company's net profit rose 43.62 percent to Rs 2.14 crore in the quarter ended March 2013 as against Rs 1.49 crore during the previous quarter ended March 2012.
UAE Exchange eyes 10% rise in remittance inflows into India
"India is an important market for us. Last year we remitted over USD 5.8 billion through our GCC (Gulf Cooperation Council) corridor to India.
Panel to look into supply issues to power sector on May 31
Tapering linkage is provided to those coal consumers who have been allocated blocks for meeting the fuel requirement of their end-use plants but where the coal production does not meet the fuel needs.
Sacked Maruti Suzuki workers demand release of 100 workers
The sacked workers had planned to stage a protest demonstration on May 19, demanding release of 147 arrested workers and reinstatement of 546 permanent and 1,800 contract workers, who were terminated.
Shriram City Union Fin expects margin to slip to 11%
"We should be able to hold the margins at 10.5-11 percent levels," the Chennai-based Shriram Group firm Managing Director G S Sundararajan said over phone.
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L&T net slips 7% to Rs 1,788 cr as finance cost soars 132%
Phaneesh Murthy may lose $15 mn as severance benefits from iGate
Mumbai top investment destination for office properties
No cartelisation by telecom operators: Vodafone
'Sonia Gandhi, Nooyi among 10 most powerful women globally'
iGate sacks CEO Phaneesh Murthy after sexual harassment charge
Gold price today: Latest updates
Gold price today: Latest updates
New gadget recharges your cellphone in just 30 secs
Sony releases teaser trailer of PlayStation 4 console
Chevrolet Enjoy launched in India
Sensex tanks 430 points
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