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It's raining orders for India Inc
The trickle has turned into a deluge. India Inc’s order book has more than doubled to an all-time high of Rs 73,320 crore in the second quarter of the current financial year, compared to the first quarter. On a year-on-year basis, the increase is 21 per cent.

Govt borrowing to put pressure on interest rates: Rangarajan
The huge government borrowing is likely to put pressure on interest rates in the remaining part of this fiscal, Member of Parliament and former Reserve Bank Governor C Rangarajan said today.

News of the day

Budget' 10: Depts, ministries ask for the moon
Union ministries have together sought a whopping 82 per cent increase in gross budgetary support (GBS) for Plan outlay in fiscal 2010-11 over budget estimates for 2009-10.
Small Business

Bajaj Auto Finance Q3 net jumps over two-fold to Rs 27 cr

Bajaj Auto Finance today said its net profit jumped over two-fold to Rs 27.32 crore for the quarter ended December 31, 2009, over the same period last year. - Infosys Q3 net declines 3.6% YoY to Rs 1,582cr - Kinetic net profit at Rs 97.61 cr net in 2009 - "Differentiation is driving sales" - Net profit likely to jump 3-fold this sugar cycle - Money trail - Tata Steel sees Rs 2,700-cr loss, to cut some debt Total income rose to Rs 249.31 crore for the third quarter ended December, against Rs 157.45 crore in the same period previous fiscal, Bajaj Auto Finance said in a filing to the Bombay Stock Exchange. For the nine month ended December 31, the company has posted a net profit of Rs 64.22 crore, a jump of over three-fold from Rs 18.88 crore in the same period previous year. Shares of Bajaj Auto Finance were trading at Rs 353.50 on the BSE, down 1.49 per cent from previous close.


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