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Popular Articles

Indian i-bankers upstage global big boys in volumes
The year 2009 was a difficult year for Indian merger and acquisition (M&A) deals. However, it established the supremacy of Indian investment bankers (i-bankers) by catapulting them to the top of the league table, leaving their international peers far behind.

Indo-Pak meeting receives mixed reaction in Kashmir
India and Pakistan"s decision to carry on with the dialogue process drew mixed response in Kashmir today with mainstream parties welcoming it and separatists insisting that the Sharm-el-Sheikh meeting was "inconclusive" without the participation of Kashmiris.

News of the day

ICICI's UK arm accused of mistreating whistleblower: report
India"s leading private lender ICICI Bank"s UK subsidiary has been accused by the Employment Tribunals in London of mistreating a whistleblower, a media report says.
Corporate

Merck Q2 net down 34% at Rs 12 cr

Drug firm Merck today reported a net profit of Rs 11.88 crore for quarter ended on June 30, 2009, a decrease of 34 per cent over the same period last year. - Merck Q1 net dips 46% at Rs 8.6 cr - Sanofi mulls diagnostics, animal-health buys - Merck deal puts pressure on drugmakers AstraZeneca, Sanofi, J&J - Merck"s $41.1 billion Schering bid seeks science - Merck arm to hire 300, expand vaccines portfolio - Pennar Q1 net profit at Rs 38 crore The company had reported a net profit of Rs 18 crore in the quarter ended June 30, 2008, Merck said in a statement. During the quarter under consideration, the total income of the company stood at Rs 135.39 crore registering an increase of 28 per cent compared to Rs 105.06 crore in the corresponding quarter last year.


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