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Energy

ONGC Q2 2009 net profit up 6% on lower subsidies, higher oil prices

Friday, October 30, 2009 14:59

Oil & Natural Gas Corp. (ONGC), India’s biggest government-owned energy explorer, said net profit in the three months ended September 30, 2009 climbed 5.8 percent to 5,090 crore rupees on higher earnings from crude oil sales.

Reliance Q2 2009 net profit down 6.4 %

Friday, October 30, 2009 7:28

Reliance Q2 2009 quarterly report released; net profit down 6.4 %

NALCO plans to set up nuclear power plant

NALCO plans to set up nuclear power plant

Thursday, September 17, 2009 5:20

The state-owned National Aluminium Company (NALCO) has started exploratory discussions to set up a nuclear power plant with the backing of the Nuclear Power Corporation of India Limited (NPCIL) in Ganjam district of Orissa.

Issues

New Direct Taxes Code will alter investment behaviour in India

Tuesday, September 29, 2009 8:42

The proposed new Direct Taxes Code (DTC) is widely expected to transform the savings and investment behaviour in India.

Jet Airways strike continues; 224 domestic and 26 international flights cancelled, 5 more pilots sacked

Thursday, September 10, 2009 10:06

The strike by the pilots of Jet Airways continued, on September 10, 2009, the third day of the strike, with no compromise in sight for the face-off between the pilots and management that began after two pilots were dismissed.

Economy

Bharti Airtel profit growth slips in 2009

Wednesday, November 4, 2009 8:14

Bharti Airtel, India's largest telecom operator, posted its lowest profit growth in 2009, in nearly six years.

Versace to cut jobs, faces losses in 2009

Friday, October 30, 2009 10:31

Versace, the Italian fashion house, has decided to cut jobs in the wake of low demand for designer merchandise. The layoffs will affect almost one fourth of Versace's total employees around the world.

Mahindra Satyam may lay off 5,000 benchers

Friday, October 23, 2009 15:11

Even though Mahindra Satyam had promised its employees that their jobs are secure, many employees on the Virtual Pool Program (VPP) of the company have received an e-mail regarding a formal notice of two months.

Featured

India, Saudi Arabia agree to issue multiple-entry visas to businessmen

Tuesday, November 3, 2009 19:19

India and Saudi Arabia have jointly decided to issue multiple-entry visas to businessmen in an attempt to overcome regulatory obstacles that block the growth of two-way trade between the two countries.

New Direct Taxes Code will alter investment behaviour in India

Tuesday, September 29, 2009 8:42

The proposed new Direct Taxes Code (DTC) is widely expected to transform the savings and investment behaviour in India.