SpiceJet registers first profit in eight quarters; Q4 profit at Rs 22.51 crore

Last Updated: Thursday, May 28, 2015, 18:41

After seven quarters of losses, budget carrier SpiceJet Thursday flew back into black with a net profit of Rs 22.51 crore in the January-March period of the last fiscal helped by renegotiated contracts and settlements and provisioning for re-delivery expenses among others.

Future Retail Q4 net profit up at Rs 10.31 crore

Last Updated: Monday, May 25, 2015, 21:03

Future Retail Ltd Monday posted standalone net profit of Rs 10.31 crore in the fourth quarter ended March 31.

RIL to raise Rs 10,000 crore through NCD

Last Updated: Wednesday, May 20, 2015, 18:52

Reliance Industries plans to raise Rs 10,000 crore through a privately placed non-convertible debenture issue to fund its ongoing capital expenditure.

Vedanta to refinance loans worth $1.6 bn in Indian markets

Last Updated: Sunday, May 17, 2015, 14:46

Minerals and mining major Vedanta is eyeing the expected low interest rates in India to refinance its short-term loans of up to USD 1.6 billion (about Rs 10,200 crore) with long-term options in this fiscal ending March 2016.

Trilux plans to invest Rs 100 cr in India by 2016

Last Updated: Sunday, May 17, 2015, 12:54

Germany-based lighting solutions company Trilux plans to invest Rs 100 crore in India by 2016 to scale up business, including setting up of a production unit.

Prevented coal pilferage worth thousands of crores: CVC

Last Updated: Thursday, May 14, 2015, 23:03

With the use of modern surveillance gadgets and introduction of e-payment, the Central Vigilance Commission has been able to prevent pilferage exceeding thousands of crore of rupees in the coal sector, Central Vigilance Commissioner (acting) Rajiv said here on Thursday.