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Popular Articles

Bajaj motorcycle sales rise 14.62% in September
The country"s second largest two-wheeler maker, Bajaj, today reported a 14.62 per cent increase in its motorcycle sales at 2,49,133 units in September.

Shri Renuka Sugars acquires Brazilian VDI
Shri Renuka Sugars has acquired "Vale Do Ivai S.A Acucar E Alcool (VDI)", a Brazilian sugar and ethanol production company. The acquisition includes two sugar and ethanol production facilities located in the southern state of Parana with a combined cane crushing capacity of 3.1 mn tonnes per annum. In addition, VDI holds strategic stakes in several logistics assets including terminals for staoarge and loading of sugar and ethanol at the port of Paranagua. Larger part of the sugarcane requirements at VDI are met through its own cultivation of more than 18,000 hectares of land on long lease.

News of the day

Cipla to raise Rs 1,500 cr by issue of shares
Drug maker Cipla today said it will raise Rs 1,500 crore from international market by issue of securities.
Small Business

Power Grid ends in red inspite of jump in Q4 net

The stock could not hold gains and slipped to a low of Rs 117. It finally ended with a loss of 3% at Rs 119. Over 1.6 million shares were traded at the counter today. _______________________________________________________ UCO Bank seeks shareholders" nod for fund raising Negative view on state-run oil cos: Fitch Jan cement sales in high double-digit The stock opened flat at Rs 122. It added 3% to touch a high of Rs 126 and is now up 1% at Rs 124. Around 515,100 shares have changed hands at the counter on the BSE today. The company posted a 156 % jump in net profit for the quarter ended March 2009, following clearance of past transmission charges by the regulator. The company posted a net profit of Rs 616 crore in the quarter, against a net profit of Rs 240 crore in the corresponding quarter the previous year. Total income of the company in the quarter also increased 35% at Rs 2,334 crore as compared to Rs 1,729 crore posted in the corresponding quarter the previous year.


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