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Reality check on growth show

Growth for 2012-13 has been revised downwards to 4.5 per cent from the estimate of 5 per cent made in May last year....   | Read..
 

December core growth slows to 2%

The poor performance of coal, petroleum refinery products and natural gas pulled the core sector growth down to 2.1 per cent in December 2013 from 7.5 per cent in the sam...   | Read..
 

Tata Power pulls out of Indonesia mine

Tata Power will sell its entire 30 per cent stake in Indonesian coal producer PT Arutmin for $500 million (Rs 3,150 crore)....   | Read..
 

Bad loans hurt PSU bank bottomlines

Three public sector banks have reported a substantial decline in net profit for the third quarter ended December owing to higher provisioning for bad loans. ...   | Read..
 

Cairn denies tax dodge

Scottish oil explorer Cairn Energy today said it was fully compliant with Indian tax laws during the period a tax claim was made on the company for transferring its India...   | Read..
 

Penalty heat on HUL

The Securities and Exchange Board of India (Sebi) today imposed a cumulative penalty of Rs 50 lakh on seven promoter entities of Hindustan Unilever Ltd (HUL) for delays i...   | Read..
 

Magma Fin net profit takes a hit

Calcutta- based asset finance company Magma Fincorp today reported a drop in net profit for the third quarter ended December at Rs 35.2 crore against Rs 36.4 crore a year...   | Read..
 
Sticking to stand
Cairn denies tax dodge


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