Business

Nalco registers net profit of Rs 722 crore in Q3 of 2017

Bhubaneswar: Navaratna Public Sector Company NALCO has achieved a record 
net profit of Rs 722 crore in the third quarter of 2017 that ended in December last as against Rs. 235 crore in the preceding quarter and Rs. 144 crore in the corresponding quarter of previous fiscal.

According to the review financial results for third quarter of the financial year 2017-18 at its Board meeting held here today NALCO has registered a growth of 207 per cent.

The net sales in the 3rd Quarter was Rs 2,360 crore. -UNI

Banks Face Nearly 20,000 Cr Blow In Nirav Modi Case: Tax Dept

New Delhi: Indian banks could take a hit of more than $3 billion from loans and corporate guarantees provided to diamond companies at the centre of th...

Adani kin buys majority stake in Air Odisha

Mumbai: The Ahmedabad-based GSEC Aviation and Monarch Networth Capital has acquired majority stake in Air Odisha, which is set to launch its services ...

Will Take "Supervisory Action" In PNB Fraud Case: RBI

New Delhi: The Reserve Bank of India has carried out an assessment of the control systems at the Punjab National Bank, the central bank announced in a...

PNB fraud: Nirav Modi, Mehul Choksi's passport suspended

New Delhi: The passport issuing authority in the Ministry of External Affairs (MEA) on Friday suspended the validity of passports of Nirav Modi and Me...