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Advance tax collections shore up in Q2
Advance tax collection shored up in the second quarter of the financial year indicating expectations of profit for the September quarter.

Ranbaxy recalls skin disease drugs from US
Pharma major Ranbaxy Laboratories today said its US-based subsidiary, Ranbaxy Laboratories Inc Priceton NJ, is recalling capsules used in the treatment of acne (a type of skin disease) from the US market.

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Nifty crosses 5,000, Sensex near 17,000
The National Stock Exchange Nifty closed above the 5,000 mark for the first time in 16 months on Thursday after second-quarter advance corporation and personal income tax collections registered positive growth.
Public Relations

India Infoline posts 44% rise in profit

India Infoline has posted a consolidated net profit of Rs 58.02 crore for the quarter ended September 30, 2009 as compared to Rs 40.21 crore for the quarter ended September 30, 2008. - ITC beats expectations, Q2 net profit up 26% - Zee entertainment profit down 38% to Rs 111 cr - TVS Motor reports Rs 24 cr profit - Dr Reddy"s Q2 net zooms 107% at Rs 106 cr - Bharat Forge profit zooms 138%; rev dips - Binani Cement posts three-fold increase in Q2 profit Total Income has increased from Rs 276.67 crore for the quarter ended September 30, 2008 to Rs 313.60 crore for the quarter ended September 30, 2009. The Company has posted a net profit after tax (PAT) of Rs 35.43 crore for the quarter ended September 30, 2009 as compared to Rs 32.22 crore for the quarter ended September 30, 2008. Total Income has increased from Rs 163.95 crore for the quarter ended September 30, 2008 to Rs 207.84 crore for the quarter ended September 30, 2009.


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