News tagged with “billion rupees”. Found:
40 tagged news reports.
Your Search Returned 40 tagged news reports
India: Satyam fraud $1 billion more than founder claimed
Mumbai :: India | about 2 hours ago
Credibility
India — Investigators in India have said the fraud at Satyam Computer Services, once India's fourth-largest software services firm, was at least 47.39 billion rupees ($1 billion) more than initially thought...Ramalinga Raju confessed in January to inflating...
Tags: Satyam Computer Services, Indian, billion rupees, India, Mumbai, Corporate crime, Mahindra Satyam, Fraud, Accounting scandals, Telugu people, Business Finance, Byrraju Ramalinga Raju, Software companies of India, Maytas, Tech Mahindra
Foreign insurance firms eye Reliance Capital life unit
Mumbai :: India | 2 days ago
Credibility The firm, which has operations in asset management, insurance, mortgages, and broking, and owns stakes in two commodity bourses, plans to set up a small investment banking team by March and close a private equity fund by this year, Sam Ghosh told the...
Tags: Sam Ghosh, Reuters India Investment Summit, Max India, Reliance Life, Reliance Capital Asset Management, life insurers, equity fund, investment banking, private equity, billion rupees, India, Mumbai, Underwriting, Insurance, Reliance Anil Dhirubhai Ambani Group, Dhirubhai Ambani, Finance, Reliance Capital, Service industries, Business Finance
Why Multan is getting all attention and money
Islamabad :: Pakistan | 6 days ago
Credibility All development projects for the southern belt are located in Multan, documents indicate and officials endorse. The government has pledged special grants to the tune of over Rs 35 billion for Multan while this huge allocation was meant for the entire...
Tags: New Multan City, Multan Package, Multan-Trinda Muhmand Pannah Road, Punjab Package, South Punjab, southern punjab, estimated cost, billion rupees, Bahauddin Zakariya University, plans division, Pakistan, Islamabad, Punjab, Bosan, Multan District, Multan, Layyah
Mauritius Union Assurance gets nod to buy rival
Port Louis :: Mauritius | 8 days ago
Credibility Mauritius Union Assurance Company said on Tuesday shareholders of rival National Mutual Fund (NMF) had given it the green light to buy a controlling stake. Mauritius oldest insurance company, MUA, which has around 4.5 billion rupees ($151 million) under...
Tags: MUA, Mauritius Union Assurance Company, NMF General Fund, billion rupees, NMF Property Trust, Mauritius, Port Louis, Mauritian rupee, Non-negative matrix factorization, Business Finance
HDFC Standard Life aims to break even by FY12
Mumbai :: India | 9 days ago
Credibility Standard Life Insurance Co expects to break even by 20/11/12 as it aims to bring down operating expense ratio to about 20 percent in the current financial year, a top official said on Monday. "It will take us two more years to break even," Paresh Parasnis,...
Tags: India, billion rupees, life insurers, HDFC Standard Life, Paresh Parasnis, Mumbai, Housing Development Finance Corporation, Underwriting, Finance, Insurance, Life insurance, Business Finance
Cricket World Cup schedule to be announced tomorrow
Lahore :: Pakistan | 18 days ago
Credibility The match schedule of the ICC Cricket World Cup 2011 will be announced in Mumbai on Monday (November 9), said an ICC statement issued on Saturday. After the announcement of the match schedule, ICC Vice-President and Chairman of the ICC Cricket World Cup...
Tags: India-Pakistan, Indian, ICC, PCB, billion rupees, world cup, cricket world, wants pakistan, cricket wants, pcb approved
GRM fall hurts
Mumbai :: India | 27 days ago
Credibility Profitability was impacted on account of 51.4% decline in the earnings before interest and tax (ebit) of the refining & marketing business to Rs 1,347 crore. This was mainly because of the decline in gross refining margins (GRMs) to $6 per barrel from...
Tags: Reliance Industries Ltd., Reliance Natural Resources, refining margins, net profitability, billion rupees
Tata Motors net doubles in Q2
Mumbai :: India | about 1 month ago
Credibility Tata Motors on Monday said its profit after tax for the quarter ended September 30 more than doubled to Rs 729.14 crore compared to Rs 346.99 crore in Q2 of FY 2008-09 on the back of better operating margins, volume recovery and cost reduction efforts.
Tags: Tata Motors Ltd., net profit, Tata Steel, quarter net, billion rupees, RNRL, truck sales, quarter ended
Healthy demand outlook
Mumbai :: India | about 1 month ago
Credibility A revival in the US financial services sector and better cost management would help TCS sustain profitable growth. Helped by higher spending by US-based clients from financial services, healthcare and utilities sectors, Tata Consultancy Services (TCS)...
Tags: India, Tata Motors, billion rupees
Maruti Suzuki sees 93 per cent quarterly profit
New Delhi :: India | about 1 month ago
Credibility Boosted by good festive season sales and robust exports, the country's largest carmaker, Maruti Suzuki India, on Saturday reported a nearly two-fold jump in its net profit at Rs 570 crore for the second quarter of FY'10. The company had a net profit of...
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