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FINANCIAL PERFORMANCE: Tata Chem Q2 net grows 33%
Demand from Latin America, Europe props up profits. Mumbai, Oct. 30 Buoyed by good demand for soda ash in Latin America, Tata Chemicals has reported a 33 per cent rise in net profit in the second quarter of the financial year ended ...

OUTLOOK: Strides Arcolab readies for oncology drive
To roll out 32 of its own anti-cancer products soon. Bangalore, Oct. 30 Strides Arcolab will be joining key oncology players in the domestic market in early 2009 when it starts rolling out 32 of its own anti-cancer products over the next six ...

FINANCIAL PERFORMANCE: Sundram Fasteners posts 55% drop in Q2 net
Rs 20-cr hit on restatement of foreign currency loans. Chennai, Oct. 30 Due to a Rs 20-crore hit on account of restatement of foreign currency loans in the July-September quarter of the current year, compared with a gain of Rs 6.33 crore in the ...

OUTLOOK: GM expects Indian operations to grow 20%
In spite of a recession in the auto sector, General Motors expects its Indian operations to grow 20 per cent during this year beating industry growth rate of about 7 ...

NEW BUSINESS: Bharat Biotech wins Rs 100 cr park project in Orissa
Bharat Biotech International (BBI) has been selected by the Orissa Government as ‘Developer’ of its first public-private-partnership (PPP) ‘Biotech Pharma IT’ Park in ...

NEW PROJECTS: Hindujas to set up 4th foundry with Rs 150 cr outlay
Hinduja Foundries Ltd, on Thursday, laid the foundation stone for their fourth foundry unit in the country slated to come up at Toopran about 40 km from here with an outlay of Rs ...

FINANCIAL PERFORMANCE: Dabur net rises 18%
New Delhi, Oct 30 Dabur India on Thursday announced a net profit of Rs 106.96 crore for the second quarter of the current financial year, up 18.1 per cent compared to Rs 90.55 crore in the corresponding quarter last ...





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Markets (Oct 30)
Nifty (at close)2697.05(+12.45)
US Dollar (Buy/Sell)49.80/82
Brent crude (a bbl) Rs3,058
Gold (a gram) Rs1,148
Silver (a kg) Rs17,575

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