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Updated: Jan 30, 2015 04:14 PM
ICICI Bank, the country’s biggest private sector lender, booked a 14 per cent rise in net profit at Rs 2,889 crore for the third quarter ended December 2014 on the back of stable loan growth and treasury gains. The net profit was at Rs 2,532 crore i
Updated: Jan 30, 2015 04:35 PM
Five minutes prior to closing of the Rs 22,612.58 crore, Coal India offer-for-sale (OFS) was just oversubscribed at 1.04 times with orders for 66,20,45,720 shares entered. Of this, non-retail investors had subscribed to 60,83,62,813 shares or 1.2 times
Updated: Jan 30, 2015 04:34 PM
Indian equity shares plunged more than 1.6 per cent on Friday after earlier hitting a record high for a seventh session in eight, as ICICI Bank and Bank of Baroda posted disappointing results, while Coal India fell on the government's discounted stake sal
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30 minutes ago
To go live in Feb, the centre acts a single-window for all their info needs About five crore micro, small and medium enterprises (MSMEs) will soon have an online resource to tap for all their information needs. Being set by business chambers ASSOCHAM
35 minutes ago
The Maharashtra Government has apparently allowed agricultural bodies and companies to conduct field trails of four genetically-modified (GM) crops. According to a source in the know, no-objection certificates (NOC) were provided for trials of brinjal, ric
36 minutes ago
The Centre is planning to come out with a pan-India drive to enrol workers in the unorganised sector aimed at providing a social security net. The move extends crores of workers spread across the country, even in the remotest parts, via smart card Ident
40 minutes ago
Two more players joined the bandwagon to apply for the small and payments bank licence, just a couple of days ahead of the RBI deadline to apply for these differentiated banks.Business Correspondent firm Fino Paytech applied to become a payments bank and h
41 minutes ago
Union Minister for Micro Small and Medium Enterprises (MSME) Kalraj Mishra on Friday said the Centre was focussing on developing entrepreneurial skills in the youth of North East.“The Central government is focussing on development of leadership qual
Jan 30, 2015 12:53 PM
Bank stocks came under the hammer with the Bank Nifty losing more than 400 points to emerge as the biggest loser among sectoral indices on the NSE today. What probably added to the weak sentiment towards the bank stocks was the poor Q3 numbers of Bank o
Jan 30, 2015 10:15 AM
The rupee was trading weak by 6 paise at 61.93 against the dollar at 3.05 pm local time on fresh dollar selling by exporters and heavy capital outflows from the domestic equity market. After opening strong by 6 paise at 61.81 per dollar against the prev
Jan 30, 2015 12:30 PM
Gold prices rose Rs 73 to Rs 27,482 per 10 gram at the futures trade as speculators engaged in enlarging positions amid a better trend overseas.On the Multi Commodity Exchange, gold for delivery in February was up by Rs 73 or 0.23 per cent to Rs 27,482 pe
Jan 29, 2015 09:30 PM
Stop-loss:$1,232; target:$1,295 Comex gold futures were lower on Thursday, after the Federal Reserve painted a bullish picture of the US economy, signalling it was on course to lift interest rates this year. The prospect of a hike in US rates makes zero-
Jan 30, 2015 10:25 AM
HCL Technologies beat market expectations to record a 28 per cent growth in consolidated net profit at Rs 1,915 crore during the second quarter ended December 31, 2014. During the same quarter last fiscal, the company has posted a net profit of Rs 1,496 c
Jan 30, 2015 05:42 PM
Berger Paints India Ltd reported an over 11 per cent increase in standalone net profit to over Rs 73 crore for the quarter ending December 31, 2014. Net profit (standalone) stood at Rs 65.65 crore in the corresponding quarter last fiscal. During the per
Jan 30, 2015 04:42 PM
Adani Enterprises Ltd (AEL), the flagship company of diversified conglomerate Adani Group, on Friday, reported a 551 per cent increase in consolidated profit after tax (PAT) and a 30 per cent increase in consolidated income in the third quarter of 2014-15
Jan 29, 2015 10:44 PM
Report suggests 5 commercial divisions and 3-4 district-level commercial courts Just a day after the Centre decided against appealing in Vodafone tax dispute, the Law Commission has recommended dedicated legal infrastructure for resolving commercial disp
Jan 29, 2015 04:33 PM
Cities and towns will have to meet qualifying norms on urban reforms and quality of governance before they are identified for the Government of India smart cities projects, according to M Venkaiah Naidu, Union Urban Development Minister. Over the next t
Jan 29, 2015 10:29 PM
Sees momentum shifting to fresh investments Mergers and acquisitions in the renewable energy sector in Asia Pacific has grown 22 per cent in 2014 to $6 billion, driven by JSW Energy’s $1.6-billion acquisition of Jaypee Group’s hydro power ass
Jan 29, 2015 08:39 PM
While the Centre has been cautious about borrowing overseas, corporate India has been most imprudent As an appreciating dollar worsens sovereign debt problems across Europe, there seems to be a sense of relief — even complacency — in India ab
Jan 29, 2015 06:19 PM
As cat.a.lyst marks its first birthday, Indian marketers can celebrate many positive changes Let me begin by wishing cat.a.lyst a very happy first birthday. May this newspaper continue to delight practitioners and students of marketing with its many ne
Jan 29, 2015 07:04 PM
Addendum is a weekly column that takes a sometimes hard, sometimes casual, sometimes irreverent, yet never malicious look at some of the new or recent advertisements and comments on them. As cat.a.lyst completes one year in its new avatar I would like t
Jan 29, 2015 06:04 PM
Fifty-two weeks ago, the revamped version of this marketing supplement set out on a mission to become the change agent for Indian marketing. For those who have followed the progress of The Hindu Business Line for over 20 years, it was cat.a.lyst’s r
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