For the quarter ended September 30, 2013, Adani Ports and SEZ on October 26 reported over 24 per cent jump in consolidated net profit at Rs 341.83 crore. The firm had reported a net profit of Rs 275.56 crore in the July-September, 2012-13 fiscal.
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Govt shelves plan to infuse Rs 14K cr into State-run banks
The Union government is to wait for some more time to infuse Rs 14,000 crore into State-run banks, at least till the next quarter. The Union Finance Ministry has deferred the as it wants to assess the banks' needs after the second quarter results before pumping the cash to shore up their capital adequacy ratio (CAR).