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May 25, 2013
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| IPL spot-fixing: Gurunath Meiyappan in police custody till May 29 |
| India Infoline News Service/18:48,May 25, 2013 |
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According to reports, Metropolitan Magistrate M P Paaghe handed over Meiyappan's custody to the crime branch after it said his further custodial interrogation was needed to unravel the the alleged IPL betting racket. |
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| Gurunath Meiyappan neither owner nor CEO of CSK: India Cements |
| India Infoline News Service/18:45,May 25, 2013 |
| India Cements follows zero tolerance policy and if anyone is proved guilty, strict action will be taken immediately. India Cements assures full co-operation with BCCI and the Law Enforcement authorities
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| P Chidambaram inaugurates Canara Bank’s new office premises in BKC |
| India Infoline News Service/18:34,May 25, 2013 |
| This new Canara Bank building will house many offices of the Bank, viz., the Bank’s Treasury, a Retail Assets Hub, ARM Branch, a Subsidiary of the Bank, a general banking Branch, a SME Sulabh Branch, a Prime Corporate Branch and a mid-corporate Branch. |
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| Oil India net profit at Rs. 35.9 bn |
| India Infoline News Service/18:04,May 25, 2013 |
| State-run Oil & Gas company Oil India Ltd. (OIL) posted a net profit of Rs. 35.92 billion for the year ended March 31, 2013 as compared to Rs. 34.46 billion for the year ended March 31, 2012.
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| CONCOR profit-after-tax stands at Rs. 9.3bn; up 7.5% YoY |
| India Infoline News Service/16:19,May 25, 2013 |
| Container Corp. of India profit after tax (PAT) stands at Rs. 9.31bn from last year's 8.66 bn which is up 7.5% YoY |
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| Audi inaugurates world-class showroom in Bhubaneswar |
| India Infoline News Service/10:23,May 25, 2013 |
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“We have achieved stellar sales performance in FY 2012-13 and in the first quarter of 2013 and became the No.1 luxury car brand in India. Our dealer expansion strategy has helped us to tap the underlying growth potential of the luxury automotive market of India and reach the maximum number of potential buyers across the country, " said Michael Perschke, Head, Audi India.
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| Petroleum Ministry refutes allegations regarding proposed gas price revision |
| India Infoline News Service/09:48,May 25, 2013 |
| The Committee submitted its Report in December, 2012 and the Ministry of Petroleum & Natural Gas is in the process of finalizing a Cabinet Note to be placed before the Cabinet Committee of Economic Affairs for a decision on the recommendations of the Dr. Rangarajan Committee. |
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| Britannia Industries Q4 net profit up 66% |
| India Infoline News Service/09:47,May 25, 2013 |
| Standalone revenue for Q4 at Rs. 1,487 crores and for the year at Rs. 5,564 crores increased 13.5% & 12.5% respectively. |
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| Spicejet Q4 loss at Rs1.86bn |
| India Infoline News Service/09:45,May 25, 2013 |
| Its Q4 loss stood at Rs1.86bn, while sales for the quarter stood at Rs14.38bn. |
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| We must find answers for reversing degradation of values: President |
| India Infoline News Service/09:30,May 25, 2013 |
| The rising incidents of crime against women and children call for effective measures to ensure their safety and security. |
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| Datamatics Global Q4 PAT at Rs39.8mn |
| India Infoline News Service/09:15,May 25, 2013 |
| Revenues increased by 27.17% to Rs 149.67 crore as compared to Rs. 117.69 crore in the corresponding period ended March 31, 2013. |
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| Jet Airways defers change in agreement on Sebi concerns: reports |
| India Infoline News Service/09:00,May 25, 2013 |
| The proposal of finalising the agreement that will stipulate the nature of control and say of Etihad in important business matters of its Indian partner airline, was deferred after Sebi and a few shareholders sought clarifications over same |
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| RBS shutting shop in 23 of 31 India branches |
| India Infoline News Service/02:05,May 25, 2013 |
| The decision came after Reserve Bank of India put a roadblock in its plan to sell its retail and commercial business business to HongKong and Shanghai Banking Corpororation (HSBC) |
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| Mum Police arrests India Cem CEO after grilling for 2-1/2 hrs |
| India Infoline News Service/00:43,May 25, 2013 |
| Vindoo Dara Singh scandal the Reality TV star and son of late actor-wrestler Dara Singh, earlier confessed placing bets on behalf of 35-year old Meiyappan, following which Mumbai Police summoned Meiyappan for questioning |
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May 24, 2013
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| RIL, BP make huge gas dicovery at KG-D6 block |
| India Infoline News Service/19:08,May 24, 2013 |
| The biggest ever discovery by Reliance Industries Ltd. and its UK-based partner British Petroleum at KG-D6 block is expected to add to the hydrocarbon resources in the KG D6 block. Appraisal will now commence to better define the scale and quality of the field. |
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| NSE to cut securities transaction tax from June 1 |
| India Infoline News Service/18:50,May 24, 2013 |
| NSE to revise STT as per the Finance Act 2013 (Act No.17 of 2013), which received the Presidential assent on May 10, 2013.
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| Jet Airways Q4 loss at Rs4.96bn |
| India Infoline News Service/18:48,May 24, 2013 |
| Total Income has increased from Rs. 170670.40 mn for the year ended March 31, 2012 to Rs. 194092.20 mn for the year ended March 31, 2013.
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| Wockhardt takes steps to address USFDA concerns
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| India Infoline News Service/18:46,May 24, 2013 |
| The impact of the import alert on the revenues is estimated to be in the range of $100m on an annualised basis.
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| McNally Bharat bags order worth Rs2.77bn |
| India Infoline News Service/18:45,May 24, 2013 |
| The contractual completion period is within 22 months.
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| Nestle India appoints Etienne Benet as new MD |
| India Infoline News Service/18:44,May 24, 2013 |
| Etienne Benet is currently the Chief Executive Officer of Nestle Central and West Africa Region. |
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