- 26 May 1312:48 AMState-run Oil India posted a 72 per cent increase in net profit for the fourth quarter of this fiscal at Rs 764.55 crore against Rs 444.81 crore reported in the year-ago period.12:28 AMGoogle Inc intends to finance, build and help operate wireless networks from sub-Saharan Africa to Southeast Asia, hoping to connect a billion or so people in emerging countries to the internet, the Wall Street Journal reported on Friday.12:26 AMKKR & Co and Silver Lake Management are vying with Yahoo! to acquire Hulu LLC, escalating a bidding war that has attracted cable and satellite TV, private equity, a talent agency and media mogul Peter Chernin.12:26 AMJet Airways (India) Ltd's domestic operations contributed to a bulk of its Rs 743 crore consolidated loss for the fourth quarter, whereas its international business made a profit.12:24 AMVisa Inc and MasterCard Inc sued trade groups and retailers that rejected a $7.25-billion settlement in a price-fixing suit and asked a court to rule that the card companies' fee practices weren't illegal.
- 25 May 1308:38 PMFinance Minister P Chidambaram has asked the country's largest insurer Life Finance minister P Chidambaram has asked the country’s largest insurer, Life Insurance Corp of India (LIC), to open 1,800 new offices this financial year.08:17 PMSaradha investors rush to its offices Acting tough on fraudulent financial entities duping innocent investors, the Odisha government has decided to get these cases settled by a fast track court.07:49 PMThe Phaneesh Murthy saga may be an extreme case of employee misconduct, but India Inc says it is treating it as a wake-up call to make sure that their work ethics and disclosure policies are foolproof.07:42 PMOnce the most valued of IPL teams, the Mahendra-Singh-Dhoni-led Chennai Super Kings (CSK) today finds itself in a spot following the controversy surrounding the involvement of CEO Gurunath Meiyappan in illegal betting.07:01 PMInox Wind, part of the $2-billion Inox group, is planning to do 500 Mw of wind power plants this year with 300 Mw orders, worth roughly Rs 1,800 crore, already on its books.06:20 PMThis would be a growth of 12.5 per cent over Rs 40,000 crore which Sidbi disbursed in last fiscal.09:52 AMAirAsia, which smashed order records for Airbus jets to become Asia's largest budget carrier, could buy another 50 planes as it targets aggressive expansion in India, Chief Executive Tony Fernandes said.03:44 AMAsia's largest budget carrier, AirAsia , may order an additional 50 Airbus A320 jets on top of its existing record order for 475 of the Airbus model, Chief Executive Tony Fernandes said on Friday.03:17 AMLow-cost airline SpiceJet today said its net loss has narrowed to Rs 186 crore for the fourth quarter ended March 31, 2013 on the back of higher passenger traffic and fare hikes.02:40 AMHindustan Motors (HM), a C K Birla Group firm, will launch a new model of its iconic car Ambassador, powered by a 1.5 litre BS IV-compliant diesel engine.02:38 AMState Bank of India today said it has signed an agreement with Spain-based bank Banco Bilbao Vizcaya Argentaria, SA (BBVA), to support business operations of clients of both the banks.02:30 AMChhattisgarh government is mooting a proposal to take stringent action against Hyderabad-based Coramandel Infrastructure Limited (CIL) for the alleged negligence committed in executing Rajiv Gandhi Rural Electrification Programme.02:01 AMThe Centre today moved the Delhi High Court seeking contempt proceedings against telecom major Idea Cellular Ltd for "wilful and deliberate" disobedience of a judicial order by allegedly providing 3G facilities to new customers in circles where01:51 AMIt had posted net profit of Rs 100.32 crore for the January-March quarter of 2011-12 fiscal. It had posted net loss of Rs 189 crore in the previous quarter (Q3) of 2012-13 fiscal.01:26 AMThe countdown has begun for companies that have not yet complied with the minimum public shareholding norms issued by the Securities and Exchange Board of India in June 2010. Under these norms, listed companies would have to have a minimum public