M&M announces weak NP numbers
January 31, 2009 by admin
Filed under Company News
Mahindra & Mahindra has reported a net profit of Rs 1.19 crore for the December 2008 quarter as compared to Rs 405.15 crore for the December 2007 quarter.
RCF announces rise in net by 14.40% in Dec qtr
January 31, 2009 by admin
Filed under Company News
Rashtriya Chemicals & Fertilizers (RCF) has declared its unaudited results for the quarter ended December 31, 2008.
Grasim Industries announces NP numbers for Dec’08 qtr
January 31, 2009 by admin
Filed under Company News
Grasim Industries has reported a 40.49% decline in the net profit to Rs 329.56 crore for the December 2008 quarter as against Rs 553.79 crore for the December 2007 quarter.
ONGC gets board’s nod for 2nd phase of Mumbai High North projectJanuary 31, 2009 by admin Oil and Natural Gas Corporation (ONGC) has secured the board’s approval for initiating the second phase of the Mumbai High North (MHN) redevelopment project. PNB to slash PLR by 50 bps from February 1January 31, 2009 by admin Punjab National Bank (PNB) has decided to reduce benchmark lending rate by 50 basis points to 11.50%. The bank will also cut housing loan rate, car loan rate and education loan rates by 50 bps. Fortis Healthcare acquires 56% stake of Bangalore based Apollo RMJanuary 31, 2009 by admin Fortis Healthcare has acquired 56% stake in Bangalore based Apollo RM hospital for an undisclosed amount through one of its wholly owned subsidiaries. However reports quoted that the deal was close to Rs 10 crore. India to grow at 7-7.5% in FY10: NathJanuary 31, 2009 by admin Expressing hopes of quick economic revival, commerce and industry minister Kamal Nath has said that the Indian economy would be able to manage 7-7.5% of growth in next fiscal. It is interesting to note that International Monetary Fund has projected India’s growth in 2009 at 5.1%, much below Nath’s expectations. Elecon Group to foray into hospitality businessJanuary 31, 2009 by admin
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