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Popular Articles

M&A deals slump 41% to $3.3 bn in Q2
The volume of merger and acquisition (M&A) deals by India Inc slumped by 41 per cent to $3.3 billion in the June quarter over the previous three-month period due to the impact of the global economic slowdown, a report by consultancy firm Ernst & Young has said.

PTC Q1 net up 77% at Rs 33 cr
PTC India Ltd, the country’s largest power trading firm, has posted a 76.8 per cent rise in net profit for the quarter ended June 2009 owing to increased trading volume and higher treasury income.

News of the day

Tata Steel to start work at Orissa plant in December
Tata Steel would start work on its Kalinganar plant in Orissa from December. The company had 3,200 acres in possession but could not start work as 20 per cent of the project-affected persons were yet to be relocated, according to Managing Director H M Nerurkar.
Small Business

Raymond ends flat after a strong start

Raymond extended gains to touch a high of Rs 207 - up 6%. However, it could not hold on to gains and ended flat at Rs 197. Over 125,500 shares changed hands 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 company plans to set up franchisees in the tier-IV and V towns and is targetting 712 towns. It is hoping to take its store count to 800 in 18 months, with the addition of 50 new stores every quarter. Raymond currently has 464 shops and a total turnover of Rs 950 crore.


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