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Toyota can leave: chavez
Venezuelan President Hugo Chavez ordered an investigation of Toyota Motor Corp, saying the world’s largest carmaker “can leave” should it fail to meet production quotas and technology-transfer laws.

Fortis Healthcare net rises 23% at Rs 13 cr
Driven by robust growth in its larger units, hospital chain Fortis Healthcare today reported a 23.4 per cent increase in net profit at Rs 12.9 crore for the second quarter ended on September 30, 2009.

News of the day

SC to commence final hearing on Ambani gas row on Oct 20
The Supreme Court today decided to commence final hearing on the high-profile gas dispute between the group firms of Mukesh Ambani and his younger brother Anil from October 20.
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Marico FY09 net profit at Rs 189 cr

FMCG major Marico today said its consolidated net profit for the year ended March 31, 2009 stood at Rs 188.71 crore, while it had a net profit of Rs 169.07 crore in the same period ended March 2008. "During the previous year, the company changed its method of accounting depreciation on factory building. Consequently, the figures for current year ended March 31, 2009 are not comparable with the corresponding previous year figures," Marico said in a filing to the Bombay Stock Exchange.


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