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Siemens Q3 net rises 13-fold to Rs.168 cr

Siemens Q3 net rises 13-fold to Rs.168 cr

Automation and solutions provider Siemens“ net beat expectations, rising 13-fold to Rs 168.26 crore for the third quarter of FY2015, compared to Rs 13 crore in the year-ago period. The company“s sales growth was muted at Rs 2,322.01 crore compared to Rs 2,318.74 crore. provider Siemens“ net beat expectations, rising 13-fold to Rs 168.26 crore for the third quarter of FY2015, compared to Rs 13 crore in the year-ago period. The company“s sales growth was muted at Rs 2,322.01 crore compared to Rs

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ABB Q1 net up 19% to Rs.57 cr

ABB Q1 net up 19% to Rs.57 cr

ABB India Ltd has posted a rise in net profit by 18.75 per cent to Rs 57.45 crore for its second quarter ending June. The Indian unit of the Swedish power equipment firm said revenue grew 6 per cent during the quarter to Rs 1,932.64 crore.

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CIL“s e-auction sales at 12% of Q1

CIL“s e-auction sales at 12% of Q1

Coal India e-auction sales in the first quarter this year once again reached 16 million tonnes (MnT), which is more than the total disposed in the immediate preceding quarter. E-auction volumes were 16 MnT, while realisation from the sales stood at Rs 3,494 crore.

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Coal mine closure, Itarsi fire hits CR revenue

Coal mine closure, Itarsi fire hits CR revenue

The route relay interlocking (RRI) failure near Itarsi, coupled with the closure of Karnataka-EMTA coal mines, has left the Nagpur division of Central Railway (CR) bleeding. First quarter earnings show the division“s total revenue down by a substantial Rs 21.38 crore.

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Coal prices fall to 12-yr low

Coal prices fall to 12-yr low

Coal futures have fallen to 12-year lows, hit by soaring production and a slowdown in global buying, including from India and China, which have until recently been pillars of strong demand.

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SMARTNESS IS RELATIVE

SMARTNESS IS RELATIVE

The word ?smart? has suddenly shot into prominence. Everybody is talking smartly about everything that is turning ?smart?. It all started with smart phones, then spread like wildfire, to smart technology, smart grids, smart schools, smart networks, smart cards, smart buildings, smart what not...and finally settled down with ?smart cities?.