Saturday, 27 April 2013

Get tough with rogue cos, SC tells SEBI

Get tough with rogue cos, SC tells SEBI

Get tough with rogue cos, SC tells SEBI

The Supreme Court has asked the Securities and Exchange Board of India (SEBI) to deal sternly with companies indulging in manipulative and deceptive practises to send a clear message that market abuse will not be tolerated in the country. “SEBI, the ...
Suzuki chief meets Narendra Modi; says work on Gujarat plant to start soon

Suzuki chief meets Narendra Modi; says work on Gujarat plant to start soon

GANDHINAGAR: Chairman of Japan's Suzuki Motor Corp (SMC) Osamu Suzuki on Friday met Gujarat Chief Minister Narendra Modi and informed him that the board of company's Indian subsidiary MSI has decided to start the work at Gujarat plant.
Gold price logs weekly gain of Rs 1000

Gold price logs weekly gain of Rs 1000

New Delhi: Gold prices regaining the psychological Rs 28,000 mark after two weeks was the feature of trading in the bullion market during the past week. The precious metal's prices gained on renewed buying by stockists and retailers for the ongoing ...
Jaypee Infratech Q4 net profit down 57% at Rs 148 crore

Jaypee Infratech Q4 net profit down 57% at Rs 148 crore

New Delhi: Jaypee Infratech reported on Saturday a 57.48 per cent fall in its standalone net profit at Rs 148.51 crore for the fourth quarter ended March 31, 2013, largely due to many fold increase in its interest outgo. The company, which operates the Yamuna ...
Fearing Iran entry, US congressmen favour export of natural gas to India

Fearing Iran entry, US congressmen favour export of natural gas to India

US Gas The US Department of Energy is in the final stages of taking a policy decision on export of natural gas to countries like India. (Reuters). Related. Letters to the editor · Bling patrol: Dubai's $550,000 squad car, a Lamborghini · Petronet to take 26% stake ...
Polaris profit dips 28% in Q4

Polaris profit dips 28% in Q4

Polaris Financial Technology Ltd has reported a 28 per cent drop in net profit to Rs 44 crore for the quarter ended March 31, 2013, against Rs 61 crore in the corresponding quarter previous year. The company had an adverse effect of Rs 11.89 crore due to ...
NIIT bags Rs 344 crore AII contract

NIIT bags Rs 344 crore AII contract

BANGALORE: NIIT Technologies has signed a multi-year Rs 344 crore value contract with the Airports Authority of India (AAI) for the implementation of Airport Operations Control Centers (AOCC), in partnership with SITA, the global air transport IT and ...
Anger, panic as BMC gives Worli residents 48-hr eviction notice

Anger, panic as BMC gives Worli residents 48-hr eviction notice

Two months after the Supreme Court ordered that the upper floors of six buildings in Campa Cola Compound, Worli, be demolished, residents received eviction notices from the BMC on Friday. It didn't take long for word to spread that demolition was imminent ...