Maruti profit jumps

New Delhi, Jan. 25: Maruti Suzuki India's December-quarter standalone net profit rose 47.46 per cent at Rs 1,744.5 crore against Rs 1,183 crore a year ago, on an increased share in the higher segment models, lower sales and promotion expenses and cost reduction exercise. Total income from operations was Rs 19,173.1 crore against Rs 16,957.6 crore a year ago.

GAIL bonus

New Delhi, Jan. 25: State gas utility GAIL (India) today approved the issuance of one bonus share for every three held and an interim dividend of 85 per cent to shore up the government's revenues. The interim dividend will give the government Rs 604.94 crore. Besides, it will get a dividend tax.

BSE offer

New Delhi, Jan. 25: The BSE's Rs 1,243-crore initial public offer got subscribed 51 times, as the first share sale by a domestic bourse saw bids worth over Rs 44,000 crore on the last day today.

Nadella role

New York, Jan. 25: Microsoft's India-born CEO Satya Nadella has been nominated to join the board of Starbucks for his "invaluable insight" on international operations and distribution.

Natco Pharma

Hyderabad, Jan. 25: The US drug regulator has noted that Natco Pharma did not follow quality control measures "fully" at its Kothur formulation plant in Telangana. The regulator has made six observations after the completion of its inspection.