Indianapolis based First Internet Bancorp has made an announcement that they have seen their earnings grow in the first quarter of the year 2013.

The company said that the first quarter financial net income has dropped by almost 50% but they have still managed to beat the Wall Street analysts expectations.

The report claims that the home sales in the city grew only 1.2% in March compared to the number of home sales agreements that have happened in March 2012.

Indianapolis based Eli Lilly and Company said that they are prepared for the revenue slumps that they might see in the future as the company will lose patent protection on two of their best selling drugs.

The report indicates that the low home rates have been the key factor for attracting many home buyers to Indianapolis.

OneAmerica Financial that handles life insurance and retirement benefits have said that they have experienced better profits soon after they focused on the new employee health plan.

On the other hand, GM believes that Indianapolis is really one of the best cities in terms of automobile industry.

Fort Worth based Briljent has made an announcement that they are working on their new restructuring plans and they have decided that they will cut down their Indianapolis based staff in the next few weeks.

The department said that the unemployment rate has actually moved up in February 2013 to 8.7% from 8.6% in January 2013.

Indianapolis-based athletic shoe and apparel retailer Finish Line has made an announcement that they have not been able to make better profit in the fourth quarter of the year 2012 but they will still remain positive with the

Indianapolis based Celadon Group Inc has made an announcement that they have decided to add more jobs to the firm in the next ten years that will allow the company to grow in Indianapolis and across the state.

The report indicates that there are not many buyers in the market and therefore only selected homes are being bought at the moment because of the location and the facilities that are provided in and around the home.

Indianapolis based Axia Technology Partners has made an announcement that they have decided that they are going to expand their business in the city.

The new report provided by Indiana Department of Workforce Development said that the unemployment rate has increased by 0.3% across the state and has moved to 8.6% in the month of January 2013.

There are many smaller firms in the automobile industry, technology and health sector that are doing well and they have good support of venture capital firms that are ready to spend on it.

Indianapolis based United Package Liquors Inc has made an announcement that they have been bought by Bloomington based Big Red Liquors that will take over all their assets and operations.

The company said that they would like to add more jobs because they are focusing on better growth in the year 2013.

Michigan based Ficosa North America Corp has made an announcement that they have decided to cut down their employees that were working in the Indiana plant because they are shutting it down.

Indianapolis based CountryMark has made an announcement that they are looking for better oil fields in Indiana that can allow them to grow in the city in the future.

Indianapolis based Baldwin and Lyons has made an announcement that they have decided to move headquarters from Indianapolis to Carmel that will allow them to get more business in the future.