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Overseas business margins under pressure: SBI
Mumbai :: India | 7 days ago
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Country's largest banker, State Bank of India, today said it would review returns from its foreign and domestic business after margins overseas came under pressure. "Overseas business margins are under pressure. My sense is domestic RoE (return of
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Sun TV to pay Rs. 2 final dividend
Mumbai :: India | 8 days ago
Credibility
Sun TV Network has reported a rise in its standalone revenues at Rs...On a consolidated basis, revenues were up by 4.1 per cent at Rs...With the interim of Rs.7.50 per share already paid, the total dividend works out to 9.50 per share...It has
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BSE Sensex edges lower, Ambuja Cements, Grasim Industries shares jump
Mumbai :: India | 8 days ago
Credibility
India's main index the BSE Sensex was down 0.09 percent while the broader NSE Nifty index fell 0.07 percent as banks get hit by profit-booking after a strong rally this week. Shares in India's cement companies such as Ambuja Cements Ltd and Grasim
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Pharma cos fall on government price control policy
Mumbai :: India | 8 days ago
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The policy, which will curtail prices of costly brands sold by domestic and international drugmakers, was approved by the government in November. Glenmark Pharmaceuticals Ltd fell 1.68 per cent, Ranbaxy Laboratories Ltd slipped 1.65 per cent, while
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SBI opens ten branches simultaneously in Rae Bareli
New Delhi :: India | 8 days ago
Credibility
The branches were launched by Minister of State for Finance Namo Narain Meena and SBI Chairman Pratip Chaudhuri. Mr Meena also interacted via video link with the Branch Managers, staff and the customers of newly opened branches at Jagatpur,
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Canara Bank sanctions MC Rs 100-cr loan
Mumbai :: India | 9 days ago
Credibility
While proposal was presented by F&CC last year, documentation for keeping two zonal offices as security is still not complete. Although the Ludhiana Municipal Corporation has got successful in getting the loan of Rs 100 crore passed from Canara Bank,
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How Prime Minister Manmohan Singh makes his money grow
Guwāhāti :: India | 9 days ago
Credibility
Prime Minister Manmohan Singh's financial acumen is reckonable. He puts his money in fixed deposits and reinvests the returns on maturity. Prime Minister Manmohan Singh , whose financial acumen is reckonable, knows well how to make his money grow. He
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AAI files lawsuits against KFA
Mumbai :: India | 10 days ago
Credibility
T he Airports Authority of India (AAI) has filed two lawsuits against the Vijay Mallya-promoted Kingfisher Airlines Ltd to recover Rs 300 crore in unpaid airport usage fees. We have filed a criminal lawsuit against Kingfisher, as cheques of Rs 117
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A dummy's guide to creating virtual credit cards
Mumbai :: India | 10 days ago
Credibility
W hile the advent of information technology has made life easier and convenient making everything just a click away, but it has also increased the susceptibility towards frauds as well. In that case, virtual credit cards can be very useful for all
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Dr. Reddy's Lab profit up 18 %
Shreveport :: LA :: USA | 11 days ago
Credibility
For 2012-13, DRL's consolidated net profit was Rs.1,677.6 crore, up 17.62 per cent from Rs.1,426 crore. Revenues were estimated at Rs.11,626.6 crore against Rs.9,673.7 crore, up 20.18 per cent. Revenues from the global general segment were Rs.8.260
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