Company plans to invest Rs 650 crore in FY16 on expansion across country
Operating profit also declined by 44% to Rs 14 crore
Britannia Industries, Biocon, Canara Bank, USL and MCF are other companies
In the year-ago period, the net loss was Rs 5,380 cr; no dividend recommended
The company is targeting Rs 300-cr sales from home furnishing products division in next three years
The bank has convened an annual general meeting on June 26 to seek approval from shareholders for the proposed capital raising plan
The Bengaluru-based hotel chain currently operates 28 hotels and is looking at management contracts to expand its network
Interview with Managing director, Britannia Industries
India's coffee exports have seen a decline of 6% from January to mid-May
Biotech start-up, founded by alumnus of IIT Madras, has commercialised its first product based on seaweeds to Mahindra Group exclusively for nine years
The company's new diesel engine plant will start commercial production in early 2016
The company has till now trained around 500 rural youth in Karnataka and provided them jobs in its car manufacturing plant
PSU has been struggling to source iron ore for its pellet plant after SC order forced it to wind up mining in Western Ghats
The company has also roped in Bollywood actress Deepika Padukone as brand ambassador
She is holding talks with current CM and her close aide O Panneerselvam at her Chennai residence
Programme designed as a three month internship for women professionals keen to resume their careers post marriage
Pradhan Mantri Jeevan Jyoti Yojana will be launched nationwide on May 9
Currently, the Coastal Regulation Zone-1 norms prevent states from taking up any construction within the 500-metre high tide area
Herbal health care products maker is in talks with a clutch of strategic investors
Total income goes up 12.4% to Rs 2,051 cr