Tata Steel’s first quarter net profit up 67.24 percent

Mumbai, Aug 13 (IANS) Steel major Tata Steel Wednesday reported an increase of 67.24 percent in its stand alone net profit for the first quarter of the current fiscal. The company posted a net profit of Rs.2,267.98 crore for the quarter ended June 30, 2014 from Rs.1,356.11 crore for the quarter ended June 30, 2013. According […]

National Aluminium Company’s net profit up 69.68 percent

Mumbai, Aug 13 (IANS) National Aluminium Company Wednesday reported an increase of 69.68 percent in it’s net profit for the first quarter of current fiscal at Rs.270.99 crore. The company had posted a net profit of Rs.159.70 crore for the quarter ended June 30, 2013. According to the company, its total income in the quarter under […]

Honeywell to set up Rs.1,400 crore campus in Bangalore

Bangalore, Aug 12 (IANS) US multinational Honeywell will soon invest Rs.1,400 crore ($228 million) to set up a new campus in this tech hub, S.R. Patil, Karnataka IT, biotech, science & technology minister, said Tuesday. “Honeywell’s investment proposal will be soon placed before the high-level committee for clearance. The new campus will be set on 5.4 […]

Ending corruption only way to remove poverty: Modi

Leh (Jammu and Kashmir), Aug 12 (IANS) Prime Minister Narendra Modi Tuesday said his government would carry the war against corruption to its logical conclusion, which was the only way to eradicate poverty in the country. Addressing a public rally at the Polo Grounds here, Modi said corruption was destroying the edifice of the country and […]

Tata Motors scrips up almost 6 percent

New Delhi, Aug 12 (IANS) Scrips of auto major Tata Motors settled around 6 percent higher Tuesday a day after the company clocked a three-fold jump in its consolidated net profit for the first quarter (April-June) of 2014-15. According to Tata Motors, the growth in business was due to strong demand for new products and richer […]

Ban TV soaps, says BSP lawmaker

New Delhi, Aug 12 (IANS) BSP parliamentarian Satish Chandra Mishra Tuesday urged the government to take steps to ban daily TV soaps, saying they depict women in poor light. He also objected to the poster of Aamir Khan’s new film “PK”, saying it was “obscene”. “TV serials show women to be scheming all the time. It […]

Government bats for parliament’s supremacy

New Delhi, Aug 12 (IANS) The government Tuesday said it favoured an independent judiciary, but also wanted parliament’s sanctity to be maintained. “We all want an independent judiciary, but the sanctity of parliament is equally important, which we all appreciate,” Law and Justice Minister Ravi Shankar Prasad said while moving for the consideration of the Lok […]

Southwest monsoon likely to be deficit: Minister

New Delhi, Aug 12 (IANS) The southwest monsoon this year will be deficit, with 87 percent of average rainfall, but there is no threat of drought as the rains will pick up in August and September, Earth Sciences Minister Jitendra Singh said Tuesday. The deficit rainfall in June and July has affected overall average rainfall for […]

Watchdog restricts entry of political parties, corporates in media

New Delhi, Aug 12 (IANS) To ensure unbiased dissemination of news and views, the broadcast regulator has restricted entry of political parties and corporates in television and newspaper business. The Telecom Regulatory Authority of India (TRAI) Tuesday released the “Recommendations on the Issues relating to Media Ownership”, which propose a single independent media regulatory authority for […]