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Monday, October 27, 2008
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CORPORATE RESULTS

ENGINEERING: Cummins sales up 49%
Net sales of Cummins India Ltd for the quarter ended September 30, 2008 were Rs 789 crore, an increase of 49 per cent over sales of Rs 528 crore for the same period last year. Profit before tax rose 41 per cent to Rs 128 crore (Rs 91 crore). ...

FINANCIAL SERVICES: Future Capital posts profit
Future Capital has announced that its standalone net profit for the quarter ended September 30, 2008 increased to Rs 3.54 crore from a net loss of Rs 9.08 crore in the corresponding year ago quarter. This is an increase of 139 per cent. Its ...

POWER: Monnet Ispat net up 68%
...

POWER: PTC net jumps to Rs 33 cr
...

DIVERSIFIED: Max India Q2 net profit dips 31%
New Delhi, Oct. 26 Max India has posted a 31 per cent decline in net profit to Rs 11.73 crore during the second quarter ended September 30, 2008 compared to Rs 16.92 crore for the corresponding quarter last ...

TELECOMMUNICATIONS: Tulip Telecom Q2 net profit rises 35%
New Delhi, Oct. 26 Tulip Telecom Ltd has reported a 35.2 per cent increase in its net profit to Rs 50.15 crore during the second quarter ended September 2008, compared to Rs 37.08 crore in the corresponding quarter last year. The ...

CEMENT: Binani Cement net dips 44% on high fuel cost
Mumbai, Oct. 26 Bogged down by high power and fuel cost, Binani Cement has reported a 44 per cent decline in net profit at Rs 27 crore in the second quarter of the financial year ended September 30, against Rs 48 crore reported in ...






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Markets (Oct 25)
Nifty (at close)2584.00(-359.15)
US Dollar (Buy/Sell)49.96/97
Brent crude (a bbl) Rs3,030
Gold (a gram) Rs1,124
Silver (a kg) Rs17,130


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In Focus
Pravasi Bharatiya Divas, Singapore

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Looking back
Oct. 19-Oct. 25
Federal Bank’s Q2 net up 20% on higher interest income

Canara Bank Q2 net rises 32% on improved income

OBC net rises 36% on all-round growth

GAIL Q2 net rises 79% on higher earnings from gas transmission, LPG


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