FPIs take out Rs 800 crore from market in a fortnight

Last Updated: Sunday, August 16, 2015, 21:18

Spooked by a possible derailment of key economic reforms, foreign investors have pulled out over Rs 800 crore from the Indian capital market in the last fortnight.

Govt announces Rs 300 crore relief package to farmers

Last Updated: Wednesday, August 12, 2015, 23:24

The government Wednesday announced a relief package of Rs 300 crore to provide diesel and seed subsidy, among others, in order to save standing kharif crops in the eventuality of drought and deficit rainfall.

Adani Group firms get nod to raise up to Rs 26,000 crore

Last Updated: Wednesday, August 12, 2015, 22:49

Three Adani Group firms -- Adani Power, Adani Enterprises and APSEZ -- have received approval of shareholders to raise up to Rs 26,000 crore to expand business operations and manage capital expenditure.

Maggi row: Claims from Nestle India can go beyond Rs 640 cr, says Govt

Last Updated: Wednesday, August 12, 2015, 22:29

Government's claim from Nestle for selling "defective and hazardous" Maggi noodles may exceed Rs 640 crore as it is tabulating further damages to be sought, even as the company termed the class action suit as disappointing and an unprecedented step.

Fake currency with Rs 136.43 cr face value seized in 3 years

Last Updated: Tuesday, August 4, 2015, 17:04

More than 27.31 lakh pieces of Fake Indian Currency Notes (FICN), with face value of Rs 136.43 crore, were seized in three years through 2014, Parliament was informed Tuesday.

ITC Q1 net up 3.61% at Rs 2,265.44 crore

Last Updated: Thursday, July 30, 2015, 13:10

ITC Ltd Thursday posted 3.61 percent rise in net profit at Rs 2,265.44 crore for the first quarter ended June 30, as compared to Rs 2,186.39 crore during the same period of 2014-15 fiscal.

Eicher Motors Q2 net profit rises 41% to Rs 222 crore

Last Updated: Tuesday, July 21, 2015, 21:30

Eicher Motors Tuesday reported 40.89 percent rise in its consolidated net profit at Rs 221.83 crore for the second quarter ended June, 2015.

Fairfax India to buy 74% stake in NCMSL for Rs 800 crore

Last Updated: Monday, July 20, 2015, 23:05

Fairfax India Holdings Corporation Monday announced that it has agreed to acquire approximately 74 per cent in commodities storage and services firm National Collateral Management Services (NCMSL), through its wholly-owned subsidiary FIH Mauritius Investments, for about Rs 800 crore.

NIIT Q1 net profit up at Rs 15 crore

Last Updated: Friday, July 17, 2015, 17:17

Skills and talent development firm NIIT Friday posted big growth in net profit to Rs 15 crore for the quarter ended June 15, 2015 on back of strong growth in its corporate learning segment and transformation of skills and careers business.

Axis Bank's mobile transactions double in June

Last Updated: Wednesday, July 8, 2015, 00:49

Third-largest private sector lender Axis Bank Tuesday reported doubling of its number of mobile transactions for June, with the total value touching the Rs 2,400 crore mark.

HDFC Q1 tax out go up 12% at Rs 465 crore

Last Updated: Monday, June 15, 2015, 19:14

Mortgage major HDFC Monday reported 12 percent increase in its advance tax outgo to Rs 465 crore for the first quarter of the current fiscal.

Railways to launch new projects worth Rs 10,000 cr: Suresh Prabhu

Last Updated: Wednesday, June 3, 2015, 19:21

New projects worth over Rs 10,000 cr will be launched and several old projects will be completed by Railways during its ongoing fortnight programme, Union minister Suresh Prabhu said Wednesday.