Saturday, April 28, 2012

Maruti Suzuki net profit down by 29%

Maruti Suzuki net profit down by 29%


Maruti Suzuki net profit down by 29%

Posted: 28 Apr 2012 02:55 PM PDT

Maruti Suzuki on Saturday reported a 29% decline in net profit for the year ended March 31, at Rs 1,635 crore, compared with Rs 2,289 crore in the previous fiscal year. The results were weighed down by sluggish sales and a strike at company's factory at Manesar.


India, Japan to hold 1st economic talk

Posted: 28 Apr 2012 07:51 AM PDT

India and Japan will hold their first ever "economic dialogue' on Monday, a move reflecting closer trading ties between two of Asia's biggest democracies, the Indian government said.


Piaggio to launch 3-4 wheelers, bikes

Posted: 28 Apr 2012 06:07 AM PDT

Piaggio, the largest European scooter-maker, on Saturday said it will invest 20 million euros in its India unit.


Gold soars to new high

Posted: 28 Apr 2012 05:37 AM PDT

Gold prices surged for the third consecutive trading session today to touch a new peak at the bullion market here, driven by consistent investment and speculative demand.


'India to be home to 500m workforce by 2022'

Posted: 28 Apr 2012 05:18 AM PDT

By 2022, India would be home to over 500 million skilled workforce and it would play a significant role in the growth of country's economy, a British lawmaker today said here.


Maruti Suzuki Q4 profit falls 3%

Posted: 28 Apr 2012 03:28 AM PDT

Maruti Suzuki, India's biggest carmaker, beat estimates with a smaller-than-expected 3 percent fall in fourth quarter net profit, its third consecutive quarterly slide on sluggish sales growth and tighter margins.


Gold regains record level of Rs 29,540

Posted: 28 Apr 2012 02:57 AM PDT

Gold prices spurted by Rs 100 to regain the all-time high level of Rs 29,540 per 10 grams in the bullion market on Saturday on strong demand triggered by the ongoing wedding season amid firm global cues.


Sensex moves up 53pts in special trade

Posted: 28 Apr 2012 01:03 AM PDT

The BSE benchmark sensex moved up by 53 points in a special 90-minute trading today on investors purchasing banking and realty stocks.


Need to rationalise petroleum prices: PM

Posted: 28 Apr 2012 12:48 AM PDT

Prime Minister Manmohan Singh today said India needs to rationalise the prices of petroleum products while insulating the common man from its effects.


No decision yet on Pakistan fuel trade: HPCL

Posted: 28 Apr 2012 12:23 AM PDT

Hindustan Petroleum Corp Ltd (HPCL) has not finalised any agreements with Pakistan on exporting fuel to that country, the company's chief said at the opening of a new refinery on Saturday near the border between the two countries.


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