Categories

Business Ideas
Business Opportunities
Corporate
Home Business
International Business
Management
Online Business
Public Company
Public Relations
Small Business

Popular Articles

Pig iron prices up 6-8% on rising steel demand
Encouraged by a sudden spurt in demand from the steel and foundry sectors, pig iron producers have raised prices by six to eight per cent for its spot delivery. With this revision, pig iron for steel consumption was quoted at Rs 16,500-18,000 a tonne, while that for the foundry sector at Rs 18,500-20,000 a tonne — a rise of about Rs 1,200-1,500 a tonne.

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

Sobha Developers soars on land sale talks
The stock surged 8% to touch a high of Rs 251 and finally ended with a gain of 7% at Rs 249. Around 117,955 shares were traded on the BSE today.
Business Opportunities

ONGC Q1 net dips 27% at Rs 4,848 cr

Oil & Natural Gas Corporation (ONGc), the country"s largest public sector undertaking, has posted a decline of 26.95 per cent in its net profit for the quarter ended 30 June, 2009 at Rs 4,847.92 crore as compared to Rs 6,636.33 crore in the corresponding quarter last year. The company"s net sales from operations during the quarter, too, dipped to Rs 14,879.27 crore from Rs 20,052 crore, down 25.8 per cent. - MRPL reaches understanding on buying crude oil from Cairn - Andhra Bank to increase bank branches to 2,000 within 4 yrs - GAIL India to buy gas from ONGC at $5.5 per mmBtu - Banks asked to open branch in each minority dominated block - ONGC taps Citi for $3-bn Ghana deal - UPDATE:Phase-I of ONGC"s Brazil project starts The company witnessed dip in revenues in both of its offshore as well as onshore segments. The revenue generation from its offshore segement plunged by 22.2 per cent to Rs 11,331 crore from Rs 14,564.41 crore. Similarly, revenues from the onshore business got a hit of 32.8 per cent at Rs 3,847.45 crore as against Rs 5,724.73 crore. Though the proft from the onshore segment almost doubled to Rs 1,456.04 crore from Rs 738.29 crore, the profits from the offshore segment dipped to Rs 5,344.59 crore from Rs 8,515.62 crore, down 37.24 per cent. On the Bombay Stock Exchange, the company"s shares closed almost flat at Rs 1,092.85 today.


Add your comment:
Name:
Site address: http://
Your message:
Enter today\\\\'s date, 2 digits
(spam protection):

© Copyright 2009