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Royal Sundaram to continue focus on retail business

Royal Sundaram to continue focus on retail business

Non-life insurance company Royal Sundaram would continue to lay focus in growing retail business particularly in retail health and SME business, a top company official said. Royal Sundaram is a…

Private life insurers join to fight phony investment fraud

Private life insurers join to fight phony investment fraud

Amid a continuing Sebi probe into a phony investment syndicate active in the national capital region, six private life insurers have joined hands to fight the menace of mis-selling of…

Mindtree’s Q4 net profit up 14% at Rs 78.9 cr

Mindtree’s Q4 net profit up 14% at Rs 78.9 cr

Mid-sized IT firm Mindtree said its standalone net profit has increased 14 per cent to Rs 78.9 crore for the quarter ended March 31, 2013.This is against Rs 69.2 crore…

Gold plunge may hit banks: India Ratings

Gold plunge may hit banks: India Ratings

The impact of ongoing steep fall in gold prices on the jewellery industry will be mixed and will depend on gold sourcing norms of individual retailers, but the crash may…

Railway revenue earnings up by 19.63%

Railway revenue earnings up by 19.63%

Railways has generated a revenue of Rs 1,24,814.87 crore in the last financial year as against Rs 1,04,334.61 crore the previous fiscal, registering an increase of 19.63 per cent. Of…

Rupee continues to rule firm vs dollar, up by 11 paise

Rupee continues to rule firm vs dollar, up by 11 paise

The Indian rupee continued to rule firm against the American currency in the late morning trade and was quoted up by 11 paise to 54.70 per dollar on selling of…

Mahindra Holidays adds Dubai to its network

Mahindra Holidays adds Dubai to its network

Leisure hospitality provider Mahindra Holidays and Resorts India, which is part of the USD 15.9 billion Mahindra Group, has added Dubai to its growing network of international destinations. According to…

Singapore seeks Indian IT, pharma investments

Singapore seeks Indian IT, pharma investments

An Indian pharmaceutical major is expected to set up a regional office in Singapore this year, while several other IT companies will join the growing number of Indian enterprises already…

Foreign investors waiting for polls to invest in India: Fitch

Foreign investors waiting for polls to invest in India: Fitch

Asserting that foreign investors are convinced about growth potential here, global ratings major Fitch’s Indian unit chief says that much of the investments would start pouring in after general elections.…

NRI wins Healthcare business award

NRI wins Healthcare business award

NRI entrepreneur Kartar Lalvani has been conferred with the Healthcare Businessman of the Year Award 2013 at the Asian Business Awards ceremony here. The founder-chairman of Vitabiotics, UK’s largest supplier…