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Wednesday, May 14, 2014

NTPC cancels contract with Punj Lloyd
NTPC has cancelled the Bongaigaon district contract worth Rs 210-crore with Punj Lloyd due to alleged poor performance of the private infrastructure company.

PNB Q4 net dips 29% at Rs 806 crore

Punjab National Bank reported a 28.69 per cent decline in net profit at Rs 806.35 crore for the quarter ended March 31, mainly on account of higher provisioning for bad loans.

Dr Reddy's Labs Q4 net dips 16% to Rs 481.6 cr

Dr Reddys Laboratories 15.64 percent dip in net profit to Rs 481.60 crore for the quarter ended March 31, 2014 mainly on account of increase in expenditure.

Tata Coffee tumbles after weak Q4 earnings
Tata Coffee fell 4.64% after consolidated net profit fell 35.3% to Rs 16.32 crore on 0.3% decline in net sales to Rs 374.27 crore in Q4 March 2014 over Q4 March 2013.

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