Business

Finance in the second quarter of the country’s largest bank, State Bank of India ( SBI ) in profits fell 33 per cent to Rs 3072.77 crore in the corresponding period of last fiscal year was in the back of the net profit of Rs 4575.31 . Bank profits fall so heavily involved in the provision of credit has to go . The bank’s earnings and the increase in the annual 53118.63 crore compared to Rs 49917.47 crore reached Arundhati Bhattacharya will be the new chairperson of SBI Mahindra’s net profit rose 9.72 per cent M & M in the …

IBM said its third-quarter net profit rose 6 percent, but it could not land turnover Wall Street’s expectations. The company’s shares fell businesses grew. The company posted a profit of $ 4.04 billion in the same period in the previous year, he had a net profit of $ 3.82 billion . Per share increased from $ 3.33 to $ 3.68 per share was received . One-off charges be dropped if the company’s earnings per share were $ 3.99 per share to $ 3.96 per share that Wall Street ‘s estimates above . However, the company’s revenue fell 4 percent to …

India’s fourth largest software services exporter HCL Technologies ‘s consolidated net profit September 30, 2013 ended the quarter rose 63.8 per cent to Rs 1,416 crore. The company said in a filing to the Bombay Stock Exchange in the same quarter last year, it had a net profit of Rs 864 crore. The company said its consolidated revenue in the quarter rose 31.2 per cent to Rs 7961 crore to Rs 6069 crore in the same period last year was. HCL Tech Chairman Shiv Nadar said , ” HCL encouraging economic trend of this kind of result underscores the strong position …

The country’s largest car maker Maruti Suzuki India has decided to increase the price of all its models. Maruti on all models from the first week of October 3000, the price will increase to Rs 10,000. Maruti Suzuki India Mayank Pareek said COO costs increased due to weak rupee sometime we were going to appreciate. Although the market was not favorable. But now it has become necessary to increase. Pareek said the price increase amounts vary according to different models and versions. This increase will be effective from the first week of October. He rose from Rs 3,000 to Rs …

Soon you can get the news that the country’s largest bank, State Bank of India (SBI) has been appointed as the next head Arundhati Bhattacharya. Her current MD and CFO of SBI Bhattacharya appointed as the Chairperson of the Finance Minister P Chidambaram has given its approval. Now only the Appointment Committee of the Cabinet (ACC) is yet to be cleared. It may be announced by the end of September. SBI chairman Pratip Chaudhuri current is going to retire until September. Prime Minister’s Office is to be announced by the new chairman.

Cheap loans in the road just before the festive season Inflation has once again become a wall . To overcome this, the Reserve Bank of India ( RBI) governor, as Raghuram Rajan debt in its first review of the monetary policy rate ( repo rate ) per cent and 7.50 per cent increase in the quarter . The hike from the car to the dream house will be expensive . Raghuram Rajan banks have announced steps to increase the availability of cash so that they can easily give loans . But Rajan is clear that all measures to control inflation …

This festive season, consumer electronics and white goods companies offering freebies are set to Byers . Price hike of 10 per cent in the past two months following the increase in demand , companies are going to do . Samsung , LG , Sony and Panasonic, the leading brand of 20-30 per cent this year compared to last year has set an aggressive sales target . Nearly five years after the return of such offers in the market , getting a free gift instead of the companies focus on value-added bundled deals and extended warranty . These companies Onam Diwali …

39th annual general meeting of CIL close for an hour on Wednesday interrupted some shareholders at the meeting because they allow management not included against the slogans and disrupt the meeting. shareholders alleged that they had reached the time for the meeting, the officer responsible for entering appearance more shareholders refused to enter the name of the news.With some shareholders by push-President of India also mukki. Cole Narasimha Rao and other officials assured that the charges will be investigated only after the intervention of the President meeting. start.

Promoters of the company rather than for the purpose stated in the prospectus of the money raised from the public -use elsewhere , so it may have to return money to investors . Standard corporate governance is being done to improve . It is in the interest of investors . Sebi will soon rule for it . Accordingly , the promoter of the public funds used elsewhere , so that investors do not agree , they must return their money . In such cases, the regulator will decide the exit price . Earth Prime Database chairman of Haldia said , …

Reliance Industries , Bajaj Auto and Hindalco as blue – chip stocks are sharply recently . Experts say that the best of these companies market share of export revenue . Therefore rupee dollar value will be lower than export them . Why the market is bullish on these companies . Some of these companies even get half the revenue from exports . The economic slowdown and market fluctuation remain largely by the impact of their shares . Geojit BNP Paribas Financial Services Research Head Alex Mathews said , ” until the rupee against the dollar remains above the 60 level …