Grasim Industries Q1 net marginally down at Rs 485 cr

Last Updated: Friday, August 7, 2015, 15:31

The company had posted a consolidated net profit of Rs 487.13 crore during the same period of the previous fiscal, Grasim Industries said in a BSE filing.

HC to decide on Aug 11 bench to hear RIL, Centre pleas

Last Updated: Thursday, August 6, 2015, 22:13

The Delhi High Court Thursday said it will decide on August 11 the bench that will hear RIL and the Centre's pleas against the city government's decision to lodge an FIR against two former Union ministers in connection with alleged irregularities in raising the price of gas from the company's KG6 basin.

PSUs in pharma sector will not be sold: Ananth Kumar

Last Updated: Wednesday, August 5, 2015, 22:03

Public sector undertakings in pharmaceuticals sector will not be sold but their assets will be leveraged to make them financially viable, the government said today.

India defers FTA talks with EU over ban of 700 pharma products

Last Updated: Wednesday, August 5, 2015, 17:36

Expressing disappointment and concern over the EU banning sale of around 700 pharma products clinically tested by GVK Biosciences, India has deferred the talks with the European Union on the proposed free trade agreement.

Britannia aiming to be a total foods company: Berry

Last Updated: Wednesday, August 5, 2015, 15:07

FMCG major Britannia Industries has said it is aiming to be a total foods company, which formed the long-term strategy of the primarily biscuit manufacturing firm.

Reliance, Essar Oil to supply diesel to Railways

Last Updated: Monday, August 3, 2015, 23:00

Private refineries Reliance Industries and Essar Oil will supply diesel to the Railways, Lok Sabha was told Monday.

Govt recovers Rs 368 crore additional profit from RIL

Last Updated: Monday, August 3, 2015, 17:28

Government has recovered nearly a third of the USD 195.34 million additional profit it is claiming from Reliance Industries' KG-D6 field as a result of penalty imposed for gas output lagging targets, Oil Minister Dharmendra Pradhan said Monday.

Punj Lloyd bags Rs 477 cr tankage order

Last Updated: Monday, August 3, 2015, 13:26

Punj Lloyd on Monday said it has bagged Rs 477 crore (USD 75 million) new tankage order from Japan-based Mitsubishi Heavy Industries, taking its order backlog to Rs 22,171 crore.

SRL lines up Rs 100 crore to add 100 labs by 2016-end

Last Updated: Sunday, August 2, 2015, 13:32

Leading laboratory network SRL Diagnostics is planning to invest around Rs 100 crore to add 100 labs across the country by the end of 2016 as part of its expansion plan.

Viacom Inc acquires 50% stake in Prism TV for Rs 940 crore

Last Updated: Friday, July 31, 2015, 20:40

US-based media firm Viacom Inc on Friday acquired 50 percent stake in Prism TV -- an entity of Reliance Industries-owned Network18 Group -- which owns and operates regional entertainment channels in India, including ETV Marathi and ETV Gujarati, for Rs 940 crore.

Infra sector growth slows down to 3% in June

Last Updated: Friday, July 31, 2015, 18:30

The sharp decline in the pace of growth during June follows a six-month high rate of 4.4 percent in May this year.

Growth in eight core infra industries rises by 3% in June

Last Updated: Friday, July 31, 2015, 17:35

The eight sectors contribute 38 percent to the overall industrial production, a parameter that the RBI takes into account while framing its monetary policy.