3 PSUs to bid for building submarines

Hindustan Shipyard Limited (HSL) and two other public sector undertakings have come together to float a consortium for building submarines. The two other PSUs are Bharat Heavy Electricals Limited (BHEL) and Mishra Dhatu Nigam Ltd (Midhani). Continue Reading

India Cements Q4 net profit at Rs 62 crore

According to the firm, overall cement sales including clinker was at 33.30 lakh tonnes for the quarter as against 30.93 lakh tonnes in the year ago period, registering a growth of eight per cent for the quarter under review. Continue Reading

US campaign not powerful for other countries to follow: Huawei

“We have been communicating with leaders of different countries. Every country has its own interests. The campaign of the US will not be powerful enough to call on everyone to follow them,” he said. Continue Reading

Mobile subscribers’ base shrinks in March

Wireless subscriber base reduced to 1,162 million in March, down by 21.9 million from the previous month while the active wireless subscriber base remained steady at 1,022 million as against 1,023 million in February. Continue Reading

JSW Steel Q4 net profit falls 48%

The company, which had posted a consolidated net profit of Rs 2,879 crore in the year-ago quarter, has got an approval from the board for new capital expenditure (capex) proposals entailing a spend of Rs 5,700 crore over the next two years. Continue Reading