Business

Punjab National Bank net zooms to Rs 207 crore

Tue, 02/07/2017 - 18:40

Chennai, Feb 7 (IANS) The government-owned Punjab National Bank (PNB) on Tuesday said it closed the third quarter of the current fiscal with a net profit of Rs 207.18 crore.

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RBI likely to hold interest rates at Wednesday's review

Tue, 02/07/2017 - 18:16

Mumbai, Feb 7 (IANS) The Reserve Bank of India (RBI) is expected to hold key interest rates at its final monetary policy review for this fiscal on Wednesday -- its second after November's note ban -- in the wake of banks being flush with funds post-demonetisation and a firming up of global oil prices.

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Belkin launches 'Lightning Audio Plus Charge RockStar' at Rs 4,999

Tue, 02/07/2017 - 18:04

New Delhi, Feb 7 (IANS) Consumer electronics manufacturer Belkin on Tuesday launched 'Lightning Audio Plus Charge RockStar' adapter for iPhone 7 and iPhone 7 Plus in India at Rs 4,999 that offers dual functionality for charging and listening.

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BHEL's Q3 net profit at Rs 94 crore, stocks surge

Tue, 02/07/2017 - 18:04

Mumbai, Feb 7 (IANS) Bharat Heavy Electricals (BHEL), a state-run firm, on Tuesday reported a standalone net profit of Rs 93.54 crore for the quarter ended December 31, 2016.

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Taiwan expects more Indian visitors at top ICT event

Tue, 02/07/2017 - 18:00

New Delhi, Feb 7 (IANS) More Indian visitors are expected in this year's edition of Taiwan's leading information and communication technology (ICT) show, Computex, one of its organisers said here on Tuesday.

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Jaitley moves demonetisation bill for passage in Lok Sabha

Tue, 02/07/2017 - 17:42

New Delhi, Feb 7 (IANS) Finance Minister Arun Jaitley on Tuesday moved the Specified Bank Notes (Cessation of Liabilities) Bill for passage in the Lok Sabha to formally make the banning of Rs 500 and Rs 1,000 notes a law, which includes provision of penalty for holding the demonetised notes.

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Lava launches 4G enabled feature phone

Tue, 02/07/2017 - 17:30

New Delhi, Feb 7 (IANS) Domestic mobile handset maker Lava on Tuesday launched "Lava 4G Connect M1", a 4G enabled feature phone at Rs 3,333.

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Centre assures realty sector of revenue neutral GST rate

Tue, 02/07/2017 - 17:10

Kolkata, Feb 7 (IANS) The Centre has assured that the rate of Goods and Services Tax (GST) would be revenue neutral both for real estate developers and consumers, the Confederation of Real Estate Developers' Associations of India (CREDAI) said on Tuesday.

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Oil firms' merger will face big challenges: Fitch

Tue, 02/07/2017 - 15:34

New Delhi, Feb 7 (IANS) The proposed merger of the Indian state-run oil and gas companies would face significant execution challenges in managing integration of employees, addressing overcapacity in the merged entity and getting support for the merger from private shareholders, US rating agency Fitch Ratings said on Tuesday.

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China approves two electric car projects

Tue, 02/07/2017 - 15:28

Beijing, Feb 7 (IANS) China announced on Tuesday that it has approved two electric car projects worth 6.15 billion yuan ($896 million).

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Job vacancy boom in China after Spring Festival

Tue, 02/07/2017 - 14:32

Beijing, Feb 7 (IANS) Demand for new employees in China's Guangdong province increased after the Spring Festival vacation, when migrant workers return to their hometowns for the holiday, the media reported on Tuesday.

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