Saturday, October 30, 2010

DTN News: India - Latest Headlines News Dated October 31, 2010

DTN News: India - Latest Headlines News Dated October 31, 2010
Source: DTN News - - This article compiled by Roger Smith from reliable sources
(NSI News Source Info) KOTTAKKAL, Kerala, India - October 31, 2010: Comprehensive daily news related to India - Latest Headlines News for the world of TODAY.
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Refining margins provide the boost

Calcutta Telegraph - ‎10 minutes ago‎
Mumbai, Oct. 30: Reliance Industries - the country's largest private conglomerate - today reported a 27.8 per cent increase in net profits for the second quarter ended September 30 at Rs 4923 crore buoyed by the resurgence in gross refining margins.

Higher royalties, input costs tell on Maruti Suzuki's Q2 profit

Hindu Business Line - ‎2 hours ago‎
Booming demand:Mr Nakanishi, Managing Director and CEO, Maruti Suzuki Ltd, with Mr Ajay Seth, CFO, addressing a press conference in the Capital on Saturday.

RBI lends Rs 11k cr sought by banks under LAF

Business Standard - ‎2 hours ago‎
The Reserve Bank of India (RBI), which today opened a special window for banks to meet any shortage of funds, lent the entire Rs 11025 crore sought by the banks at the special repo auction under its liquidity adjustment facility (LAF) window.

Joint forces to remain in Maoist-hit areas: Pranab

The Hindu - ‎5 hours ago‎
PTI The Hindu Union Finance Minister Pranab Mukherjee releases a book during the celebration of 125th anniversary of Indian National Congress in Kolkata on Saturday.

AI moving 11 flights to new terminal today

Times of India - ‎12 minutes ago‎
NEW DELHI: While domestic operations are expected to shift to the integrated terminal T3 at IGI Airport only by the middle of November, Air India will be shifting 11 of its domestic flights to the new terminal on October 31.

SKNL Q2 net profit at Rs 638.7mn

India - ‎14 hours ago‎
SKNL, a leading brand-led conglomerate involved in design, manufacturing, marketing and distribution of high quality fabrics and ready-to-wear garments, has announced its results for the second quarter and half year ended 30 September, 2010.

CWG probe: IT department to share documents with other agencies

The Hindu - ‎Oct 29, 2010‎
PTI In a bid to strengthen the multi-agency probe into the alleged corruption in the Commonwealth Games-related works, the Income Tax Department will share the documents seized by it during its two rounds of raids with the Enforcement Directorate and ...

J&K wants protection of special status in GST regime

Business Standard - ‎8 hours ago‎
PTI / Srinagar October 30, 2010, 18:12 IST Jammu and Kashmir Finance Minister Abdul Rahim Rather has said that the state's special constitutional status should be protected while implementing the Goods and Services Tax, a new regime that would subsume ...

Sensex loses 133 points in volatile week

The Hindu - ‎11 hours ago‎
Indian equity market's benchmark indices closed in the red in volatile trading this week on negative Asian cues and disappointing results of some companies.

Finance firm office looted in Gzb

Times of India - Lalit Kumar - ‎1 hour ago‎
GHAZIABAD: After the recent unsolved abduction and murder of jewellery chain owner, Atul Goel, Ghaziabad witnessed another shocking incident when about a dozen armed men struck at the Shalimar Garden Extension II branch of Muthoot Finance on Saturday ...

Few Metro police stations in place

Times of India - Dwaipayan Ghosh - ‎1 hour ago‎
NEW DELHI: Even as the Metro widened its network by adding two more stations on Saturday - it extended its blue line from Noida and Anand Vihar to Dwarka sector-21 instead of Dwarka sector-9 - the Metro railway police is in a quandary.

Loan repayments and disbursals in AP hit, says SKS chief

Hindu Business Line - Naga Sridhar - ‎2 hours ago‎
Repayment collections and disbursals of new loans have been hit in Andhra Pradesh in the last couple of weeks due to the row over alleged harassment of clients and the the ordinance issued by the State Government regulating micro-finance institutions, ...

NALCO Q2 net climbs 40.27% - ‎2 hours ago‎
National Aluminium Company (NALCO) has announced a rise in standalone net profit for the quarter ended September 2010. During the quarter, the profit of the company rose 40.27% to Rs 2240.40 million from Rs 1594.90 million in the same quarter previous ...

Workers' strike stops work at GM's Halol unit

Business Standard - ‎Oct 29, 2010‎
Production came to a halt at General Motors India's factory at Halol, Gujarat, with 900 workers going on strike for more pay. The facility, 30 km from Vadodara, churns out 150 vehicles in two shifts every day.

Prop for oil retailers

Calcutta Telegraph - ‎7 minutes ago‎
New Delhi, Oct. 30: State-run oil firms will receive an additional Rs 3000 crore as subsidy from the government to meet the revenue losses during the first half of the fiscal.

M&M's net profit up 7.8 per cent in Q2

domain-B - ‎6 hours ago‎
Mahindra & Mahindra (M&M), India's largest maker of utility vehicles, on Friday reported a 7.8 per cent rise in quarterly net profit, driven by higher sales.

Godrej Consumer offers 2.5 million equity to employees

domain-B - ‎6 hours ago‎
Godrej Consumer Products Ltd has approved issue of fresh equity shares of up to 2.5 million of face value Re1 each to eligible employees of the company under the Employee Stock Grant Scheme 2011.

Govt steel companies pitch for big Railways projects

Business Standard - Ishita Ayan Dutt - ‎2 hours ago‎
Public-public partnership is the new business model for the Indian Railways. While Steel Authority of India Ltd (SAIL) is looking to participate in the railways' wagon, diesel electric multiple unit (DEMU) and railway track projects, Rashtriya Ispat ...

ITC net up 23.5% at Rs 1247 crore - Ritwik Mukherjee - ‎13 hours ago‎
turnover oft Rs 5061 crore in the Q2, up by 16.3 per cent. While the pre-tax profits of the company increased by 22.7 per cent to Rs.1830 crore, post-tax profits registered a growth of 23.5 per cent at Rs.1247 ...

Aditya Birla Nuvo net up 73 times

Business Standard - ‎2 hours ago‎
Aditya Birla Nuvo, part of the Aditya Birla group, has posted 73 times increase in its consolidated net profit at Rs 104.79 crore for the quarter ended September compared with Rs 1.44 crore in the previous corresponding quarter.

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