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Popular Articles

Sahara Prime holds talks to raise $214 mn
Sahara Prime City Ltd, the company planning India’s second-largest real estate initial public offering in more than two years, is in talks to raise as much as Rs 1,000 crore ($214 million) from private equity investors.

Yes Bank raises $225 mn via share sale
Private sector lender Yes Bank today said it has raised $225 million (about Rs 1,034 crore) through private placement of shares to institutional investors.

News of the day

PE investment in telecom to look up in 2010
Private equity investment in the country"s telecom sector is likely to surge next year with the introduction of 3G services and rural penetration by telcos, experts say.
Small Business

Reliance Power Q3 net rises 26% to Rs 134 cr

Reliance Power today reported a 26.46 per cent increase in its net profit at Rs 133.64 crore for the third quarter ended December 31, 2009. - BEL Q3 net jumps nearly twofold to Rs 224 cr - Info Edge Q3 PAT dips 9% to Rs 15 cr - CPCL Q3 net at Rs 220 cr - IOC Q3 profit plunges 76% to Rs 697 cr - NTPC Q3 net up 5% to Rs 2,365 cr - Apollo Tyres Q3 net zooms over 18 times on topline growth The company had a net profit of Rs 105.68 crore in the December quarter of FY09, Reliance Power said in a filing to the Bombay Stock Exchange (BSE). Total income grew by 36.44 per cent to Rs 179.16 crore in the third quarter from Rs 131.31 crore in the corresponding period a year-ago. Shares of Reliance Power settled at Rs 146, up nearly 1 per cent from the previous close on the BSE.


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