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Zandu Pharma Q1 profit doubles at Rs 11.12 cr
Zandu Pharmaceutical Works, the manufacturer of ayurvedic health care products, today reported a growth of over twofold in its net profit for the quarter ended June at Rs 11.12 crore, over the corresponding period a year ago.

SP flays Maya for supporting division of UP
Uttar Pradesh’s main Opposition Samajwadi Party today opposed the division of the state into four smaller states as suggested by Chief Minister Mayawati.

News of the day

Life insurance sector to grow by 15%
India’s life insurance sector is expected to grow by almost 15 per cent in the current financial year and touch a total premium income of Rs 2,55,000 crore (about $ 50 billion).
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Sensex slips again; realty index down 2%

The Sensex after attempting recovery has once again slipped into the red. The index is now at 16,677, down 108 points. The NSE Nifty is at 4,947, down 42 points. - Markets trade flat - Markets remain in negative territory - Markets have a sedate start - Sensex falls most in two weeks - FII-TO-FII TRADES: PNB traded at 7% premium - Thermax bags Rs 478 cr order from Orissa-based firm Among the Sensex-30 stocks, Reliance Infrastrcuture and Bharti Airtel have slipped 2.5% each to Rs 1,077 and Rs 285, respectively. ICICI Bank, Wipro and DLF have dropped 2% each to Rs 866, Rs 632 and Rs 359, respectively. Tata Steel, Mahindra & Mahindra, SBI, Maruti, TCS and Sun Pharma have declined 1-2% each. ACC on the other hand has added 2% at Rs 747 and HDFC is up 1% at Rs 2,783, respectively. The market breadth is negative, out of 2,557 shares traded on the BSE, 1,375 have declined and 1,102 have advanced so far on the BSE. The BSE realty and the consumer durable indices are down 2% each. They are followed by TECk, metal and IT indices, down 1% each.


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