Showing posts with label Bussiness. Show all posts
Showing posts with label Bussiness. Show all posts

Tuesday, 9 June 2015

India Agile Week meet on June 13

India Agile Week meet on June 13

India Agile Week meet on June 13

HYDERABAD: Unicom Learning, a Global B2B platform for IT industry along with India Agile Week (IAW 2015) will be hosting India Agile Conference 2015 on June 13, 2015 in Hyderabad to promote Agile and Agile Methodologies to the IT community of India and also to find the most knowledgeable Agile professional in India.


The Agile movement proposes alternatives to traditional project management. Agile approaches are typically used in software development to help businesses respond to unpredictability.

Tags:India Agile Week meet on June 13, #UNICOM, #IT industry, #KTR
GlaxoSmithKline to review CCI order

GlaxoSmithKline to review CCI order

GSK to review CCI order

NEW DELHI: GlaxoSmithKline Pharmaceuticals (GSK) will review the order passed by Competition Commission of India (CCI) and consider all options, including filing an appeal, the company said. The CCI levied penalty to the extent of 3 percent of the turnover both on GSK and Sanofi, aggregating to 60.49 crore and 3.04 crore, respectively

Tags:GlaxoSmithKline to review CCI order, GSK,CCI, Sanofi,

Monday, 11 May 2015

Bank of Baroda Q4 profit declines

Bank of Baroda Q4 profit declines

Bank of Baroda Q4 profit declines

Bank of Baroda has declared the results for the quarter & year ended March 31, 2015.The Bank has posted a net profit of Rs 5,983.50 million for the quarter ended March 31, 2015, as against to Rs 11,572.70 million for the same period last year. The total income has risen from Rs 1,16,148.50 million for the quarter ended March 31, 2014 to Rs 1,20,573.90 million for the quarter ended March 31, 2015.


As for the year ended results, the bank has posted a net profit of Rs 33,984.30 million for the year ended March 31, 2015, as against Rs 45,410.80 million for the year ended March 31, 2014.


The total income has witnessed a surge from Rs 4,34,024.50 million for the year ended March 31, 2014 to Rs 4,73,655.50 million for the year ended March 31, 2015.

Tags:Bank of Baroda, Banks, RBI, Net Quater Results, Quater Profits, Closeings

Friday, 8 May 2015

SBH net increases 29%

SBH net increases 29%

SBH net increases 29%

State Bank of Hyderabad has recorded a net profit of `1,317.13 crore, compared to `1,019.51 crore in March 2014, an increase of 29.19 per cent. Net interest income increased by 10.49 per cent from `3,975.99 crore to `4,392.61 crore. The Capital Adequacy Ratio as per Basel III norms as on March 15 stood at 11.26 per cent, which is much above RBI prescription.

The Bank said, "Intensive NPA recovery efforts taken by the Bank have yielded results, and the GNPAs declined from `5,824.20 crore in March 2014 to `4,984.77 crore in March 2015. As a result, GNPA ratio declined from 5.89 per cent to 4.59 per cent (decrease in 130 bps), and Net NPA ratio reduced from 3.12 per cent to 2.24 per cent (decreased by 88 bps), during the period.

Provision coverage ratio (PCR) improved from 54.50 per cent in March 2014 to 61 per cent in March 2015. Bank’s total business stood at `2,40,775 crore as of March 2015, consisting of total deposits of `1,32,022 crore and total advances of `1,08,753 crore. The Credit Deposit Ratio was 82.89 per cent as on March 2015, up from 82.13 per cent in March 2014. CASA deposit increased by 16.87 per cent YoY, from `36,882 crore in March 2014 to `43,105 crore in March 2015.