Business

October 20, 2011 10:30 PM

Bajaj Auto Q2 net rises 6%

Two-wheeler major, Bajaj Auto on Thursday reported a quarterly profit after tax of 726 crore rupees, up 6 per cent compared to the same period last fiscal.Bajaj said growth in PAT was lower mainly on account of a forex loss of 95 crore rupees on valuation of forward contracts that have been charged ...

October 20, 2011 8:59 PM

Govt to set up agency to take suo-motto action against mis-leading ads

An independent agency is being set up to take suo-motto action against mis-leading advertisements. Consumer Affairs Minister K V Thomas told AIR that the agency will have experts from various fields to check the exaggerated claims about their products and services in their advertisements.Mr. Thomas ...

October 20, 2011 8:55 PM

Growth prospects good in 12th Plan: Montek

The Deputy Chairman of Planning Commission Mr. Montek Singh Ahluwalia has expressed hope that though the rate of economic growth is slower this fiscal, the prospects are good in 12th Plan beginning next fiscal.Talking to reporters during Economic Editors' Conference in New Delhi on Thursday...

October 20, 2011 8:35 PM

Ruling out any move to disinvest in the national carrier Air India, the government on Thursday said at present all its efforts were focused on bringing the airline back on the track. Talking to the media on the sidelines of a seminar in New Delhi, Minister for Civil Aviation Vayalar Ravi said, there...

October 20, 2011 6:59 PM

12th Intl conference on mineral processing begins in Udaipur

12th International conference on mineral processing has begun in Udaipur on Thursday. Joint secretary in Ministry of Mines G Srinivas inaugurated the 3 days conference.He said that mining industry has played important contribution in development of countries economy.On this occasion Chief controller...

October 20, 2011 6:51 PM

Kerala govt meets companies to bring down medicine prices

In order to bring down prices of essential medicines, Kerala government has held a high level meeting with medicine manufacturing companies from across the country on Thursday in Thiruvananthapuram.Seventy one firms participated in the meeting chaired by Chief Minister Oommen Chandy and health minis...

October 20, 2011 6:34 PM

Govt to set up agency to take suo-motto action against mis-leading ads

An independent agency is being set up to take suo-motto action against mis-leading advertisements. Consumer Affairs Minister K V Thomas told AIR that the agency will have experts from various fields to check the exaggerated claims made by companies in their advertisements.Mr. Thomas said that his mi...

October 20, 2011 6:26 PM

Sensex ends down by 148 points<br/>

The Sensex at the Bombay Stock Exchange dropped 148 points, or 0.9 percent, to again close below the 17,000 mark, at 16,937, as a rise in food inflation sparked fears of interest rate hikes, and as global stock markets fell on Thursday.The Nifty at the National Stock Exchange declined 47 points, or ...

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