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Godrej Industries Q3 net profit rises 53.30 percent at Rs 138.97 crore

Godrej Industries Q3 net profit rises 53.30 percent at Rs 138.97 crore

12 Feb 2016

New Delhi: Godrej Industries today reported 53.30 percent increase in consolidated net profit at Rs 138.97 crore for the quarter ended December.

Godrej Industries,   Q3 net profit,   Godrej Quarter report,   Latest Business News,  
Domestic car sales down in January

Domestic car sales down in January

12 Feb 2016

New Delhi: Car sales in India fell for the first time after 14 months of continued growth in January as discounts dried up during the month with automakers correcting inventory at dealer levels post year-end freebies dole out.

Domestic car sales,   car sales in January,   car sale decline,   Total car sale in January,   latest Business News,  
Gold inches closer to Rs 30,000-mark

Gold inches closer to Rs 30,000-mark

12 Feb 2016

New Delhi: Gold skyrocketed to Rs 29,650 per ten grams today by adding Rs 850, largely in tandem with a firming trend overseas.

Gold,   silver,   gold price,   silver price,   global demand of gold,   Latest Business News,  
Interesting facts about Indian rupee!

Interesting facts about Indian rupee!

12 Feb 2016

New Delhi: The Indian rupee is the official currency of our country. Issuance of Indian currency is controlled by Reserve Bank of India, which is the decision making authority for most cash inflows and outflows. But do we know enough about our currency? I guess no.

Indian rupee,   Facts about Indian rupee,   Indian rupee facts,   Latest business News,  
Walmart moves India unit to EM portfolio

Walmart moves India unit to EM portfolio

12 Feb 2016

New Delhi: US retail giant Walmart Stores Inc today realigned its business structure by removing India unit from Asia region and moving it to emerging markets portfolio.

Walmart,   Walmart new business structure,   Walmart India unit,   Walmart on India unit,   Latest Business News,  
BHEL reports net loss of Rs 1,101.99 crore

BHEL reports net loss of Rs 1,101.99 crore

12 Feb 2016

Mumbai: Shares of state-run power equipment maker BHEL today tumbled 12 percent to hit a one-year low level after the company reported standalone net loss of Rs 1,101.99 crore for the quarter ended December 31.

BHEL,   BHEL shares,   BHEL rvenue,   BHEL losses,   Latest Business News,  
Startup with overseas unit can open foreign currency account abroad

Startup with overseas unit can open foreign currency account abroad

12 Feb 2016

Mumbai: RBI yesterday said a start-up with an overseas subsidiary is permitted to open foreign currency account abroad to pool the foreign exchange earnings.

Startups,   RBI on startups,   Reserve Bank of India,   Startups with foreign subsidiary,   Latest Business News,  
Sensex posts biggest weekly fall in over 6 years

Sensex posts biggest weekly fall in over 6 years

12 Feb 2016

Mumbai: A day after bloodbath, the benchmark BSE Sensex today managed to end 34 points higher at 22,986.12, but logged its biggest weekly fall in over six years as fears of a global slowdown and disappointing quarterly numbers of blue-chips, especially banks, hammered stocks during the week.

Sensex,   BSE,   nifty,   NSE,   Asian market,   share market,   Latest Business News,  
Wipro to acquire US-based HealthPlan Services

Wipro to acquire US-based HealthPlan Services

12 Feb 2016

New Delhi: Wipro yesterday said it will acquire HealthPlan Services for USD 460 million (about Rs 3,150 crore), a move that will help the country's third-largest software services firm strengthen its position in the US health insurance market.

Wipro,   Wipro to acquire healthplan,   Wipro and healthpaln services,   Latest Business News,  
Rupee at 29-month low; sinks 7 paise against dollar in morning trade

Rupee at 29-month low; sinks 7 paise against dollar in morning trade

12 Feb 2016

Mumbai: The rupee weakened by 7 paise to quote at an over 29-month low of 68.37 against the dollar in morning trade at the Interbank Foreign Exchange market today on sustained demand for the American currency from importers and banks.

Rupee,   rupee value,   dollar,   rupee in morning trade,   rupee vs dollar,   Latest Business News,  

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