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Popular Articles

Dish TV to raise $200 mn via securities issue
Direct-To-Home company Dish TV today said it will raise up to $200 million (about Rs 1,000 crore) through issue of securities in the domestic and international market.

M&M open to alliance in two-wheeler space
Market leader in utility vehicles in India, Mahindra & Mahindra (M&M), today said the company was open to alliance in the two-wheeler space, but nothing is on the anvil.

News of the day

J K Lakshmi January sales up 38%
J K Lakshmi Cement today clocked a 38 per cent increase in sales at 5.06 lakh tonnes for the month of January, 2010.
Small Business

Nalco Q3 profit drops 29% to Rs 155 cr

State-run aluminium major National Aluminiun Company (Nalco) today posted a decline of 29.29 per cent in its net profit at Rs 155.18 crore for the third quarter ended December 31, 2009, over the same period a year ago. - DLF Q3 net declines 30% to Rs 468 cr - HPCL back in black with Rs 31 cr net in Q3 - Union Bank Q3 profit slides 20% to Rs 534 cr - Dabur Q3 net jumps 28% to Rs 138 cr - SAIL clocks Rs 1,675 cr profit in Q3 - KEC Intl Q3 net surges 85% to Rs 46 cr The navratna company had a net profit of Rs 219.46 crore during the December quarter of FY09. However, total income of the company rose to Rs 1,417.61 crore during the October-December quarter of current financial year from Rs 1,035.95 crore of the corresponding quarter last fiscal, Nalco said in a filing to the Bombay Stock Exchange (BSE). For the nine-month period ended December 31, 2009, the company posted a net profit of Rs 441.12 crore, against Rs 1,189.25 crore of the same period a year earlier. Shares of Nalco today closed at Rs 406.70, down 2.78 per cent on the BSE.


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