State Bank of India, country’s leading bank operator is now in a difficult situation. SBI needs to raise funds of about $3 billion (Rs. 15000 Crore) to meet the loan demand. Apart from $1.6 billion (Close to Rs. 8000 crore) assured by the government, the bank needs to raise more funds. Worsening economy is resulting […]
FMCG major Dabur India registered a 11.9% increase in the net profit to Rs 172.82 crore while ICICI Bank declared a 20% rise in its net profit at Rs 1,728 crore and Punjab National Bank (PNB) reported a 5.5% jump in the net profit at Rs 1,150 crore; for the quarter, which ended on December […]
Right from the initiation in 1979, TCS has always given significant contribution to the US. Tata Consultancy Services (TCS) has now expanded its presence in US by opening a new facility in the Silicon Valley. This centre will serve as the worldwide headquarters TCS’s mobility Solutions unit; the primary duty being to benefit emerging technologies. […]
2011 was a year which marked high rise in prices of Gold and the trend do not seem to change in the near future. Gold has touched a 6 week high as a result of overseas market. Strong rupee value however, managed to hold a bit. On the Multi Commodity Exchange, gold ended 0.25% at […]
India is a country with huge demand for diesel cars owing to the ever increasing petrol prices. Keeping this in mind, Japanese car major Honda Motor is testing its newly developed diesel technology, common rail i-DTEC version of the 2.2 litre diesel engine. Honda is planning to launch its first diesel car, the diesel version […]
Mumbai – the Financial capital of our country is now becoming cheaper for a common man. In a survey for global cities made for the last year, Mumbai’s high-end residential area has witnessed a steep fall in prices though property prices are on the costlier side. We have already told you that Real Estate sales […]
