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Popular Articles

Rallison launches Fire Survival Cables,eyes Rs 500 cr turnover
Rajasthan-based Rallison Electrical Private Limited today launched the country"s first Fire Survival Cable and targeted to achieve turnover of Rs 500 crore in the current fiscal.

All police complaints to be treated FIRs
In a fallout of the Ruchika molestation case, all complaints received at police stations are to be treated as FIRs, while a move is afoot for automatic revoking of police and gallantry medals awarded to convicted officers.

News of the day

IT searches at ABG Shipyard offices, official residences
Income Tax authorities are carrying out search operations at various establishments of the shipbuilding and repairing firm, ABG Shipyard, for alleged tax evasion, an Income Tax Department source has said.
Management

Jindal Steel & Power Q3 net dips 3.2% to Rs 874 cr

Jindal Steel & Power (JSPL) today said its consolidated net profit declined by 3.20 per cent to Rs 874.35 crore for the third quarter ended December 31, compared to the same period corresponding fiscal. - Federal Bank Q3 net plunges 46% - Colgate-Palmolive Q3 net up 50% at Rs 116 cr - Tata Tea Q3 net declines 76% to Rs 92 cr - Apollo Hospitals Q3 net up 48% at Rs 44 cr - J&K Bank Q3 net up 16% to Rs 140 cr - Cairn India Q3 net up 23% to Rs 291 cr Total income declined to Rs 2,687.10 crore for the latest quarter against Rs 2,948.57 crore for the same period previous fiscal, JSPL said in a filing to Bombay Stock Exchange (BSE). For the nine month period ended December 31, 2009, the company posted a net profit of Rs 2,671.18 crore against Rs 2,109.24 crore last fiscal. On a standalone basis, the company reported a net profit of Rs 325.62 crore for the quarter ended December 31, against Rs 325.17 crore for the same period a year ago. Shares of JSPL today closed at Rs 652.25 on the BSE, up 0.94 per cent from its previous close.


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