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L&T fourth quarter net falls 27% to Rs 2,070 cr: Company blames it on slow execution of projects

May 30, 2015

L&T fourth quarter net falls 27% to Rs 2,070 cr: Company blames it on slow execution of projects

Engineering major Larsen & Toubro (L&T) on Saturday reported a 27.13 percent decline in net profit for the March quarter to Rs 2,069.64 crore due to slowdown in execution of projects. #Business #Larsen & Toubro #India #NewsTracker #L&T #AM Naik #Engineering sector #Q4 Loss
What GDP at 7.3% shows: Modi govt's political common sense works well for economy

May 30, 2015

What GDP at 7.3% shows: Modi govt's political common sense works well for economy

The new methodology of calculating GDP put growth at close to seven percent in 2013-2014. The base year revision gave a more than two percent push to the UPAs dismal numbers from 4.7 to 6.9. #Business #HowThisWorks #India #GDP #Congress #BJP #Narendra Modi #manufacturing sector #Modi government
Insight - Civilians emerge as pawns in South China Sea legal chess game| Reuters

May 30, 2015

Insight - Civilians emerge as pawns in South China Sea legal chess game| Reuters

HONG KONG/MANILA On tiny specks in the disputed Spratly archipelago of the South China Sea, Vietnamese and Filipino children skip to school each day. Not far away, China is building lighthouses and weather stations on reclaimed land. Further north, a Chinese cruise ship takes "patriotic" tourists to a separate group of contested islands #Business #United States #India #Technology #Middle East #science #Hillary Clinton #markets
U.S. military orders broad review as anthrax mishap widens| Reuters

May 30, 2015

U.S. military orders broad review as anthrax mishap widens| Reuters

WASHINGTON The U.S. military said on Friday it discovered even more suspected cases of inadvertent shipments of live anthrax than previously thought, both in the United States and abroad, and ordered a sweeping review of its practices for inactivating samples. "As of now, 24 laboratories in 11 states and two foreign countries are believed to have received suspect samples," the Pentagon said in a statement #Business #Economy #Technology #science #Africa #United Kingdom #Latin America #Mexico #opinion
Great Barrier Reef kept off UNESCO 'danger' list for now| Reuters

May 30, 2015

Great Barrier Reef kept off UNESCO 'danger' list for now| Reuters

PARIS A heritage committee of the UNESCO cultural agency stopped short of placing Australia's Great Barrier Reef on an "in danger" list, but the ruling on Friday raised long-term concerns about its future. The long-awaited ruling by UNESCO's World Heritage Committee welcomed Australian efforts to maintain the environmentally sensitive region but noted its outlook was "poor" and called on the government to stick rigidly to commitments to protect it. "Climate change, poor water quality and impacts from coastal development are major threats to the property's health...," the statement said after delegates held discussions in the German city in Bonn. #Business #Sports #Australia #science #Health #markets #Africa #United Kingdom #Latin America #Entertainment #Mexico #opinion

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Moral of Subrata Roy's story don't mess with SC, public sentiment

Mar 06, 2014

Moral of Subrata Roy's story don't mess with SC, public sentiment

The judiciary is not something to be scoffed at and neither is public sentiment. #Business #HowThisWorks #India #Delhi #Supreme Court #protest #Subrata Roy #Sahara #lUCKNOW #Ink
Sahara's tricks on Sebi, SC won't work

Nov 27, 2013

Sahara's tricks on Sebi, SC won't work

Sahara's goose is cooked up. It is one thing to manipulate incompetent/corrupt revenue officers of state govts to get land deals, quite another to try such tricks with independent organizations like SC, SEBI. #Business #Supreme Court #SEBI #Sahara #Sahara advertisement