L&T Finance Q1 net profit up 20% at R144.9 crore
L&T Finance Holdings,financial services arm of Larsen & Toubro posted 20 per cent rise in consolidated net profit at Rs 144.9 crore for the first quarter,driven by higher lending to the retail segment.
Kumar Mangalam Birla resigns from RBI Board
New Delhi: Weeks after his group firm applied for a bank licence from the Reserve Bank of India,Kumar Mangalam Birla on Tuesday said he has resigned from the Board of the central bank to avoid any conflict of interest.
ICWAI elects Suresh C Mohanty as president
The Institute of Cost Accountants of India said Suresh Chandra Mohanty has been elected as president. He will have a term of one year.
SAT upholds Sebi rulings in CIS cases
The Securities Appellate Tribunal (SAT) upheld Sebi orders for refund of money by three entities Alchemist Infra Realty,Maitreya Services and NGHI Developers that were running collective investment schemes (CIS) as realty business.
EGoM on gas to meet on July 25
New Delhi: The empowered group of ministers (EGoM) will meet on Thursday to consider making available natural gas to power plants from sources other than Reliance KG-D6 fields.