Maruti Suzuki Net Jumps 18% to Rs 802 Crore in Q3
Maruti Suzuki, India’s largest car maker, reported an 18 per cent year-on-year (y-o-y) jump in its net profit to Rs 802 crore for the quarter ending December 31, 2014. Its net sales rose over 15 per cent y-o-y to Rs 12,263 crore. Higher volumes, lower raw material costs and favourable foreign... read more »
Union Bank Of India Q3 profit falls 13%
Union Bank of India, a public sector bank in India, has posted a fall of 13.33% in net profit to Rs 3,024.20 million for the quarter ended December 31, 2014 as compared to Rs 3,489.40 million in the corresponding quarter, a year ago. Total Income has increased by 8.39% to Rs. 89,210 million for the... read more »
Swiss gold exports to India cross Rs 1.2 lakh crore
Switzerland’s gold exports to India crossed Rs 1.2 lakh crore in 2014 even as concerns persist over bullion being used to channel illicit funds into the Indian shores. The value of precious metal imported from Switzerland touched 17.1 billion Swiss francs (over Rs 1.2 lakh crore) during the... read more »
America can be India’s best partner: Obama
Nothing fills me with more hope than when I see young people speak. To the people of this great nation, I bring you the friendship of the American people. Thank you so much for welcoming us back to India. ‘Bahut Dhanyavad’. It’s my great honour to be the first US president to join... read more »
Installed solar capacity crosses 3 GW
New capacity addition in the clean energy sector was up nine per cent during the first 9-month of this fiscal. The total installed capacity of solar power in the country crossed 3,000 MW... read more »
Obama’s trade and tax wish list may impact India
While India found no mention in U.S. President Barack Obama’s annual State of the Union (SOTU) address, certain policy proposals that he made to both houses of Congress on Tuesday... read more »
Toyota tops in global vehicle sales, beats VW, GM
Toyota Motor stayed at the top in global vehicle sales in 2014, selling 10.23 million vehicles, beating Volkswagen and General Motors. Volkswagen AG of Germany sold 10.14 million vehicles... read more »
Facebook’s impact on Indian economy pegged at $4 billion
Facebook enabled $4 billion economic impact on the Indian economy and contributed to 3,35,000 jobs in some or the other way during last year, according to a study. The study titled... read more »
Gold regains Rs 28,000 mark on seasonal demand, global cues
Continuing its rising streak for the third consecutive day, gold crossed the Rs 28,000 level after over four months by gaining Rs 100 at the bullion market in the national capital on Monday. The... read more »
