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Koda Case: ED conducts searches at Emaar MGF's offices
The Enforcement Directorate today conducted searches on the premises of realtor Emaar MGF in connection with the multi-crore illegal Hawala and investment case involving former Jharkhand Chief Minister Madhu Koda.

Bank charges may be capped
Banks may soon have to cap the charges on basic services such as issuing a draft, remittances or for stop-payment instructions.

News of the day

Sun TV Network profit surges 20% to Rs 130 cr
Media house Sun TV Network today reported a rise of 20.54 per cent in its net profit at Rs 130.56 crore for the second quarter ended September 30, over the same period a year earlier.
Online Business

MTNL incurs net loss of Rs 47 cr in Q1

State-run telecom services provider Mahanagar Telephone Nigam (MTNL) today announced a net loss of Rs 46.84 crore in the first quarter ended June 30, 2009. - Monster Worldwide posts Q2 loss of $1.37 mn - Surajeet Das Gupta: So what's a brand between friends?">Surajeet Das Gupta: So what's a brand between friends? - Tata Teleservices incurs Q1 net loss of Rs 34 cr - MTNL for JVs in India, overseas markets: MoU - Sunil Jain: Don"t dial this merger">Sunil Jain: Don"t dial this merger - BSNL-MTNL merger best option for both, says Kuldeep Goyal The company had a net profit of Rs 112.53 crore in the June quarter last fiscal, MTNL said in a filing to the Bombay Stock Exchange. The total income of the company decreased to Rs 1,085.36 crore in the quarter under review from Rs 1275.57 crore during the same period previous year, it said. Shares of the company closed at Rs 102.65, up 0.69 per cent from the previous close on the BSE.


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