SSTL net loss widens to Rs 391 crore in Q1

Last Updated: Tuesday, June 2, 2015, 12:33

Sistema Shyam Teleservices, which operates mobile services under MTS brand, on Tuesday reported widening of its net loss to Rs 391 crore during the first quarter ended March 31.

Sebi asks GMR Infra to restate accounts

Last Updated: Monday, June 1, 2015, 18:48

GMR Infrastructure said it received a "letter from Sebi dated April 27, 2015, whereby Sebi has reiterated its earlier advice for restatement of financial results", according to the note.

Govt mulling to sell 8 ITDC hotels to strategic investors

Last Updated: Monday, June 1, 2015, 15:31

Officials from Tourism Ministry and the department of disinvestment in the Finance Ministry are expected to meet soon to decide the way forward, official sources said.

Suzlon Energy's Q4 net loss widens to Rs 1,212.06 crore

Last Updated: Friday, May 29, 2015, 21:44

Wind turbine maker Suzlon Energy on Friday reported widening of consolidated net loss at Rs 1,212.06 crore for the quarter ended March 31, 2015.

Indian Hotels' Q4 net loss narrows to Rs 119.15 crore

Last Updated: Friday, May 29, 2015, 19:46

Tata group hospitality major Indian Hotels Company has narrowed its standalone net loss to Rs 119.15 crore for the quarter ended March 31, 2015.

Unitech posts Rs 162.54 cr net loss in Q4 of FY'15

Last Updated: Friday, May 29, 2015, 19:44

Realty firm Unitech on Friday reported consolidated net loss of Rs 162.54 crore for the fourth quarter of last fiscal on lower sales and higher expenditure.

NIIT registers net loss of Rs 151.2 cr in Q4

Last Updated: Wednesday, May 27, 2015, 15:32

The city-based firm had initiated a business transformation programme in the second quarter of 2014-15 to streamline the group operations.

United Spirits logs Q4 net loss at Rs 1,799 crore

Last Updated: Wednesday, May 27, 2015, 11:32

Liquor firm United Spirits Ltd (USL) on Wednesday reported a standalone net loss of Rs 1,799.28 crore for the three months ended March 2015 on account of increasing debt and liabilities.

Govt to privatise 8 sick ITDC hotels, will retain Ashok

Last Updated: Sunday, May 24, 2015, 15:36

Government will soon privatise eight loss-making hotels run by India Tourism Development Corporation (ITDC) as it plans to "offload" all the sick units, Tourism Minister Mahesh Sharma said.

Tata Steel trims capex by 25% to Rs 10,000-cr this fiscal

Last Updated: Thursday, May 21, 2015, 00:32

Tata Steel, which reported a massive Rs 5,674 crore loss in the March quarter due to non-cash write downs, Wednesday said it will spend Rs 10,000 crore in capex this fiscal as it hopes demand conditions to improve over the next few quarters.

Tata Steel's Q4 loss at Rs 5,674 cr; to exit non-core assets

Last Updated: Wednesday, May 20, 2015, 18:44

Tata Steel Wednesday reported a consolidated net loss of Rs 5,674.29 crore for the quarter ended March 31, 2015, mainly due to non-cash write downs and a "challenging" 2014-15 fiscal.

GVK suffers Q4 net loss at Rs 109 crore

Last Updated: Saturday, May 16, 2015, 15:36

GVK Power and Infrastructure Ltd (GVK PIL) on Saturday said its net loss for the fourth quarter of FY15 stood at Rs 109 crore against Rs 235 crore in the same quarter of 2013-14.