UB Group to fund airline, KF tells DGCA |
- UB Group to fund airline, KF tells DGCA
- Indian Overseas Bank’s (IOB) net falls 24%
- DLF to revive fashion biz with 3 international brands
- StanC puts office block up for sale
- Indian Hotels reaches out to Orient-Express
- Telenor signs up new JV partner for telecom auction
- HUL Q2 volumes disappoint
- US economic growth improves to 2% in Q3
- Sensex closes133 points down
- Hindustan Unilever Q2 profit up 17%
- ICICI Bank Q2 net profit up 30%, beats forecast
- Kingfisher stock gains after staff ends strike
- Toyota global vehicle sales up 28% in Jan-Sept
- Sensex down 94 points on profit booking
- Sensex down 75 points on profit-booking
| UB Group to fund airline, KF tells DGCA Posted: 26 Oct 2012 05:11 PM PDT With no funds flowing from any quarter like bank loans or equity infusion through FDI, Kingfisher Airlines CEO Sanjay Agarwal on Friday told DGCA chief Arun Mishra that the airline would be supported financially by the parent UB Group. 
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| Indian Overseas Bank’s (IOB) net falls 24% Posted: 26 Oct 2012 05:10 PM PDT City-headquartered Indian Overseas Bank's (IOB) net profit for the second quarter of FY13 dipped 24% to Rs 158.43 crore as against Rs 207.46 crore during the second quarter of FY12 . 
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| DLF to revive fashion biz with 3 international brands Posted: 26 Oct 2012 04:44 PM PDT DLF is revving up its fashion retail play after a hiatus. DLF Brands, a subsidiary of the New Delhi based-real estate major, is poised to strike fresh joint ventures with three international lifestyle brands — Forever 21, Beverly Hills Polo Club and Kiko. 
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| StanC puts office block up for sale Posted: 26 Oct 2012 04:34 PM PDT The Standard Chartered Bank has put its 1.5lakh square feet office block in Goregaon up for sale and is looking at realising Rs 300 crore against the purchase price of Rs 325 crore five years ago. 
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| Indian Hotels reaches out to Orient-Express Posted: 26 Oct 2012 04:28 PM PDT R K Krishna Kumar, vice chairman of Indian Hotels, the company that has made an "unsolicited" $1.8 billion offer to buy Orient-Express Hotels, has reached out to the British chain's board of directors, including chairman J Robert Lovejoy, for an amicable deal. 
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| Telenor signs up new JV partner for telecom auction Posted: 26 Oct 2012 07:21 AM PDT Norway's Telenor will bring Lakshdeep Investments & Finance Pvt. Ltd into its new Indian Telewings venture to bid jointly for new mobile telephone licenses, Telenor said on Friday. 
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| Posted: 26 Oct 2012 07:19 AM PDT Hindustan Unilever, India's largest consumer goods maker, posted a better-than-expected 17 per cent rise in net profit but disappointing sales volumes sent the company's shares down as much as 2.9 per cent. 
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| US economic growth improves to 2% in Q3 Posted: 26 Oct 2012 06:32 AM PDT Gross domestic product expanded at a 2 percent annual rate, the US Commerce Department said on Friday, accelerating from the second quarter's 1.3 percent pace. 
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| Posted: 26 Oct 2012 04:31 AM PDT The BSE Sensex fell 133 points, pulled down by HUL and ICICI Bank which posted their quarterly results on Friday, as cautious investors booked profits ahead of the RBI monetary policy review meeting next week and a weak trend in equity markets globally. 
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| Hindustan Unilever Q2 profit up 17% Posted: 26 Oct 2012 02:59 AM PDT Hindustan Unilever (HUL) has posted a 17% rise in net profit at Rs 807 crore for the quarter ended September 30, 2012. 
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| ICICI Bank Q2 net profit up 30%, beats forecast Posted: 26 Oct 2012 12:38 AM PDT India's No. 2 lender ICICI Bank Ltd posted a forecast-beating 30% rise in second quarter net profit, bolstered by strong loan growth and higher fee-based income, it said on Friday. 
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| Kingfisher stock gains after staff ends strike Posted: 25 Oct 2012 10:58 PM PDT Kingfisher stock opened the day 4.59 per cent higher and hit the day's upper circuit of Rs 11.40 on the BSE, defying a weak stock market. 
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| Toyota global vehicle sales up 28% in Jan-Sept Posted: 25 Oct 2012 10:50 PM PDT Toyota sold 7.4 million vehicles around the world in the first nine months of this year, up 28 per cent from a year earlier. 
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| Sensex down 94 points on profit booking Posted: 25 Oct 2012 10:48 PM PDT The BSE sensex slipped further and was trading 94 points down on Friday morning on fresh selling pressure from investors on profit booking. 
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| Sensex down 75 points on profit-booking Posted: 25 Oct 2012 09:25 PM PDT The BSE benchmark sensex on Friday fell by over 75 points in opening trade due to profit-booking at higher levels amid a weakening trend on other Asian bourses. 
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