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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.

Coimbatore units more open to equity tie-ups
Entrepreneurs in this traditional town of family- managed companies, popularly known as the Manchester of south India, are now more open to entering into equity collaborations with both domestic and international partners.

News of the day

Markets weak in morning trades
The markets opened on a flat note amid mixed global cues. However, bears were soon seen active following yesterday"s weakness. The Sensex drifted to a low of 16,778, down 109 points from the day"s high.
Small Business

S Kumars Nationwide FY'09 net at Rs 60 cr

Textile company S Kumars Nationwide today said its net profit stood at Rs 60.09 crore for the year ended March 31, 2009, while it had a net profit of Rs 178.13 crore in the same period previous fiscal. - J K Cotton Mill ready for competition after 19 yrs of closure - Lodha Group top bidder for NTC prime land in Mumbai - Maran to visit Japan for promoting textiles industry - Textile industry attracts 50% more investments in FY"09 - Maran to led trade delegation to Japan - Raymond re-appoints Gautam Hari Singhania as CMD "The financial results of the company for the year ended March 31, 2009 are not comparable with the results for the year ended March 31, 2008 on account of the subsidiarisation of "Reid & Taylor" with effect from January 1, 2008," S Kumars Nationwide said in a filing to the Bombay Stock Exchange (BSE). Net sales stood at Rs 1,550.23 crore in the latest quarter, however, it had a net sales of Rs 1,605.72 crore in the same quarter previous fiscal. S Kumars Nationwide was trading at Rs 39.75 on the BSE, up 2.45 per cent from previous close.


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