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Tamil Nadu Newsprint and Papers Ltd (TNPL), established by the government of Tamil Nadu, is one of the most efficient newsprint producers using bagasse, a sugarcane residue, as the principal raw material. Over the years, TNPL has expanded capacity which today stands at 245,000 tonnes a year. Thanks to a rising demand for newsprint and other paper in India and since many international...
The Standard & Poor’s 500 Index has recorded its best monthly advance in decades. Markets from Russia to India and from Brazil to London are in the grip of a huge upsurge that has confounded doomsayers. Is this the beginning of a new bull market? Here are two articles that shed light. The first one is an analysis of price pattern of the Sensex by Mehrab Irani and the second is a...
State Bank of India, the country's largest lender reported 46 percent jump in fourth quarter net profit on higher interest revenues and operating income.
For the quarter to end-March, SBI reported a net profit of Rs27.42 billion from Rs18.83 billion as revenues increased to Rs220.61 billion from Rs163.94 billion a year ago.
SBI posted a full year net profit of Rs91.21 billion...