New Delhi, Aug. 13: Trade ministers of India and the 10-nation Asean today asked their negotiating officials to “step-up efforts” and show greater flexibility for early conclusion of the free trade pact in services and investments. The services sector is of key interest to India as it contributes over 55 per cent to its GDP.
Mumbai, Aug. 13: Reliance Communications, an Anil Ambani group firm, today reported a 37.2 per cent dip in consolidated net profit at Rs 157 crore for the first quarter of this fiscal. The net profit of another Anil firm, Reliance Capital, dropped 55 per cent to Rs 34.8 crore in the first quarter of the current fiscal.
Bhubaneswar, Aug. 13: National Aluminium Company Limited (Nalco), a navaratna PSU, has registered a 32 per cent rise in net profit at Rs 377 crore in the first quarter ended June 30, 2011, against Rs 284 crore in the corresponding period last year.
