Wednesday, Oct 23 2019 | Time 23:12 Hrs(IST)
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  • Trump says Turkey agreed to make Syria ceasefire permanent, US lifting all sanctions
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  • Cooperative movement achieves rural economy prosperity: LS Speaker Om Birla
  • Diggy’s brother meets Shivraj
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  • Former Uttarakhand CM Harish Rawat booked by CBI on corruption charges
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  • 'Merge, mismanage, show mega losses, sell cheap to crony capitalist': Rahul on MTNL-BSL merger
  • Penalty for traffic violation brings down in Kerala
  • No truck with any party in UP Assy polls, says Akhilesh Yadav
  • Stage set for counting of votes for Mah Assembly tomorrow
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Business Economy


NettLinx posts net profit of Rs 1.44 cr in Q3

Hyderabad, Feb 14 (UNI) Hyderabad-based Internet services provider, NettLinx Limited, today reported a net profit of Rs 1.44-crore for the third quarter ended December 31,2016, up from Rs 0.83-crore in the second quarter of the current fiscal.

Driven by consolidation of its subsidiaries and restructuring of the group, NettLinx Limited is on the path to emerge into a strong player in its segment, the company claimed in a statement here.

NettLinx recently forayed into the highly lucrative European market by acquiring 95 per cent stake in Berlin-based business management company, Salion SE (Germany).

Commenting on the financial results, the company Managing Director Rohith Loka Reddy said we have posted strong results in the Q3 for the current financial year. By merging our subsidiaries like NettLinx Aqua into the parent, and by investing in sunrise business segments, NettLinx is putting the right foot forward for future.

Consolidated total income for the quarter ended December 31, 2016 stood at Rs 448.53-lakh as compared to Rs 586.86-lakh in the corresponding period last year.

Earnings per share (EPS) for Q3 are Rs 1.44 as compared to Rs 0.83 in the corresponding quarter for last fiscal.
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Gujarat-based Torrent registers 36 pc growth in Q2 net profit

23 Oct 2019 | 7:38 PM

Ahmedabad, Oct 23 (UNI) Gujarat based multinational Pharma major Torrent Pharmaceuticals Ltd (Torrent), on Wednesday recorded a net profit at Rs 244 crore in the the second quarter of the current fiscal, as against Rs 179 crore in Q2 of the last year, up by 36 per cent.

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Diwali gift: Gujarat dairies announce hike in procurement price

23 Oct 2019 | 6:52 PM

Himmatnagar, Oct 23 (UNI) In a Diwali gift of sorts for over six lakh milk producers of North Gujarat, Sabarkantha District Co-operative Milk Producers’ Union Limited (Sabar Dairy) and Banaskantha District Co-operative Milk Producers' Union Ltd ( Banas Dairy), two of the 18 dairies of Gujarat associated with brand Amul, have announced to increase their milk procurement prices.

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Banks sanctions loans worth Rs 327 Cr to 3177 customers during Customer Outreach prog

23 Oct 2019 | 6:04 PM

Hyderabad, Oct 23 (UNI) Banks have sanctioned loans amounting to Rs 327.

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Isuzu Motors India inaugurates 3S dealership facility of Mahavir in Bhimavaram

23 Oct 2019 | 5:54 PM

Vijayawada, Oct 23 (UNI) As part of its rural network expansion, Isuzu Motors India inaugurated a new 3S (Sales, Service & Spares) dealership facility of Mahavir ISUZU at Bhimavaram in West Godavari District of Andhra Pradesh, on Wednesday.

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India, Sweden enjoy strong relationship: Piyush Goyal

India, Sweden enjoy strong relationship: Piyush Goyal

23 Oct 2019 | 5:42 PM

New Delhi, Oct 23 (UNI) Commerce and Industry Minister Piyush Goyal said on Wednesday that India and Sweden enjoy a strong relationship and excellent cooperation in regional and international fora.

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