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Editor's Desk NMDC has announced its unaudited results for the quarter ended June 30, 2009. The company has posted a net profit of Rs 773.75 crore for the quarter ended June 30, 2009 against Rs 981.31 crore for the quarter ended June 30, 2008, down 21.15%. The total income of the company for the quarter has registered … Read more NMDC reports weak numbers for Q1 of FY10
Tata Steel has posted 46.93% decline in the net profit to Rs 789.83 crore for the June 2009 quarter as against Rs 1488.4 crore for the June 2008 quarter. The company’s total income dropped 8.16% from Rs 6165.14 crore for the June 2008 quarter to Rs 5661.89 crore for the June 2009 quarter.
Hindustan Dorr Oliver (HDO), an Indian EPC company plans, to foray into the new business of execution of nuclear power plants and allied activities including mining, etc. The company has received an approval from its Board of Directors for the same. The company operates business activities such as Engineered Solutions, technologies and EPC installations in … Read more Hindustan Dorr Oliver to foray into nuclear power plant projects
According to a government data, there are more than five lakh people who have subscribed to New Pension Scheme (NPS) as at June-end. Launched by the government for government employees, the benefits of NPS were extended to all citizens of the country from May 1, 2009. NPS allows 50% of the funds to invest in … Read more New Pension Scheme subscribers touch 5 lakh mark: Govt
This is reference to an article that appeared in India’s Business Standard newspaper on 22 July 2009 under the same title. It reviews a recent book, India and the Global Financial Crisis, by Dr Y. V. Reddy, who was governor of Reserve Bank of India (RBI) over 2003–08. This period saw exceptional challenges to macro … Read more The man who saved India during Global Economic Crisis – Dr. Y. V Reddy
Reporing Live from Rliance Natural Resources Ltd Annual General Meeting. The high profile Chairman who has been a victim after family separation attacked his older brother and Chairman of Reliance Industries Ltd – Mukesh Ambani. Mr. Anil said, Despite binding commercial agreement, RIL has tried every trick to fall out of its contractual obligation. he … Read more Anil Ambani attacks RIL’s Mukesh and Murli Deora – Ambani Sepration MoU