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Canara Bank Q4 net up 0.35% at Rs 612.96 crore
Published on Monday, May 25, 2015 6:19 PM

State-run lender Canara Bank on Monday reported that its net profit for the fourth quarter ended March 31, 2015 climbed by 0.35 per cent at Rs 612.96 crore from the same period a year ago as asset quality weakened and net interest income fell. In Q4 FY 2013-14, the public sector bank had posted a net profit of Rs 610.83 crore, Canara Bank sai ...

Canara Bank Q4 net up 0.35% at Rs 612.96 crore
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Hiring in banking sector to surge up to 25pct in 2015
Published on Monday, May 25, 2015 4:34 PM

According to industry experts, hiring in banking sector are likely to rise up to 25 per cent in 2015 amid growing economy, policy refurbishment and improved business sentiments in Asia’s third biggest economy, said the media report. "We foresee an increase of about 25 per cent in hiring in the banking sector this year, compared to ...

Hiring in banking sector to surge up to 25pct in 2015
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Indian Inc expects more reforms in key areas from Narendra Modi government
Published on Monday, May 25, 2015 2:54 PM

As the Modi government completes one year in office, India Inc looks forward for more reforms in the next two quarters along with forward movement in key sectors along with more attention to rural sector, industry body Assocham said. Some major measures are also expected in the agriculture sector which needs huge public investment in areas li ...

Indian Inc expects more reforms in key areas from Narendra Modi government
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Traders ask government to annul 51% FDI policy in multi-brand retail
Published on Monday, May 25, 2015 2:44 PM

Traders body CAIT asked the government to scrap the policy of 51 per cent FDI in multi-brand retail sector, reported PTI. Confederation of All India Traders (CAIT) said the recent contradictory statements of Union Finance Minister Arun Jaitley and Commerce Minister Nirmala Sithraman on FDI retail notification, has created confusion in the tra ...

Traders ask government to annul 51% FDI policy in multi-brand retail
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Government to launch 360-degree media campaign to attract FDI
Published on Monday, May 25, 2015 2:41 PM

The Commerce and Industry Ministry has said that it is planning to undertake a "360-degree" media campaign to promote 'Make in India' and attract overseas and domestic investment, PTI reported. As per PTI report, the objective of the campaign is to generate awareness about investment opportunities and prospects of the countr ...

Government to launch 360-degree media campaign to attract FDI
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Divis Laboratories’ Q4 PAT climbs 17.8% at Rs 231.47 cr
Published on Monday, May 25, 2015 1:23 PM

Drug maker Divis Laboratories Ltd has reported a rise of 17.8 per cent in its consolidated net profit after taxes (PAT) at Rs 231.47 crore for the fourth quarter ended March 31, 2015, mainly on account of robust sales. “The consolidated PAT of the company stood at Rs 196.43 crore during the same period a year ago,” said Divis Labo ...

Divis Laboratories’ Q4 PAT climbs 17.8% at Rs 231.47 cr
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City Union Bank net rises 18.9% at Rs 99.08 crore in Q4
Published on Monday, May 25, 2015 1:22 PM

Private lender City Union Bank Ltd has reported a growth of 18.9 per cent in its net profit for fourth quarter ended March 31, 2015 at Rs 99.08 crore. The bank had posted the net profit of Rs 83.35 crore in corresponding quarter of previous fiscal, said City Union Bank in a filing to BSE on May 23, 2015.

Total income of the bank gr ...

City Union Bank net rises 18.9% at Rs 99.08  crore in Q4
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Natco Pharma Q4 profit jumps over 2-fold at Rs 54.44 crore
Published on Monday, May 25, 2015 10:01 AM

Hyderabad-based Natco Pharma Ltd has reported a jump of over 126 per cent in its consolidated net profits at Rs 54.44 crore for the fourth quarter ended March 31, 2015, helped by deferred tax reversal. “The consolidated net profit of the company stood at Rs 24.02 crore during the same period a year ago,” said Natco Pharma Ltd in a ...

Natco Pharma Q4 profit jumps over 2-fold at Rs 54.44  crore
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ITC shares fall after lower-than-expected earnings
Published on Monday, May 25, 2015 10:15 AM

MUMBAI  - Shares in ITC Ltd  fell 2.8 percent on Monday after India's largest cigarette maker reported lower-than-expected earnings as higher taxes on smokes and a government push to discourage tobacco consumption hurt business.

ITC said late on Friday it earned 23.61 billion rupees ($371.6 mill ...

ITC shares fall after lower-than-expected earnings
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