Popular Articles

Ratio of volatile capital to forex reserves moves up in FY09
The ratio of volatile capital flows, consisting of cumulative portfolio investments and short-term debt, to India’s foreign exchange reserve moved up to 51.1 per cent at March 2009-end from 45.4 per cent a year ago.

General Motors: Ready to Cruze?
Barely three months after emerging out of bankruptcy, General Motors has launched its luxury Sedan, the Chevrolet Cruze, in India. Built on a global platform called the 300 series, the Cruze will compete with the Honda Civic, Skoda Laura and Volkswagen Jetta for a space in the executive segment.

News of the day

HP clears Rs 250-cr Nestle project
Seventeen industrial proposals with a proposed investment of Rs 419 crore have been cleared by the Himachal Pradesh government. They also include a Rs 250-crore Nestle food processing unit.
Corporate

Pricol back in black with Rs 6.29 cr profit

Pricol has reported a net profit of Rs 6.29 crore for the quarter ended September 30, 2009 as compared to net loss of Rs 8.10 crore, a year ago. - Shyamal Majumdar: India Inc's labour pains">Shyamal Majumdar: India Inc's labour pains - Textile Ministry to approach Cabinet for funds to CCI - Rajesh Exports net dips 46% on high input cost - Frequent strikes might make Pricol move out of Coimbatore - "We"re responding with the lever in our control, cost" - BEL net up 92% to Rs 237 cr in Q2 The company had said that increase in imported raw materials and components prices due to adverse exchange rate flucuation has affected the profits for the half year. The company"s total income rose to Rs 185.51 crore from Rs 166.63 crore, an increase of 11 per cent.


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