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 […]
While Glenmark Pharmaceuticals reported that the consolidated net profit declined by 46.70% to Rs 46.11 crore from the previous year’s Rs 86.52 crore, BHEL reported a net profit of Rs.1432 crore against Rs.1412 crore in the previous quarter, during the quarter ending December 30th, 2011. Shares of Glenmark closed at Rs 312.15 on BSE, down […]
NTT Communications Corporation (NTT Com), a Tokyo based corporations, has acquired 74% stake in Netmagic Solutions Private Ltd an Indian data centre solutions provider Netmagic Solutions presently operates 7 data centers in major cities of India like Mumbai, Chennai, Noida (Delhi-NCR) and Bangalore and provides services such as collocation. It has been successful in managing […]
Four major companies in India, Larsen & Toubro, India’s biggest engineering conglomerate; Maruti Suzuki India’s biggest carmaker; Jindal Steel & Power and GAIL (India) Ltd have announced the results for the end of quarter year on December 30th. While L&T reported an 18% rise in net profit, Maruti Suzuki and Jindal Steel & Power saw […]
Bajaj Auto reported a 19% increase in its net profit for the third quarter of the current fiscal, during October to December at Rs.795 crore compared to Rs.667 crore in the period of 2010-11 on Thursday. The company has improved its operating EBITDA (earnings before interest, taxes, depreciation, and amortisation) margin from 20.1 percent in […]
