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Thursday, February 19, 2009
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CORPORATE RESULTS

ALUMINIUM: Hindalco’s US arm Novelis posts $1.8-b loss
Loss includes non-cash, pre-tax charges of $1.5 b. Mumbai, Feb. 18 Novelis, the US-subsidiary of Indian aluminium giant Hindalco, reported a net loss of $1.8 billion for the October-December 2008 ...

PHARMACEUTICALS: GSK Pharma to increase field-force
Q4 net profit zooms on exceptional items, other income. Mumbai, Feb. 18 Recessionary trends notwithstanding, GlaxoSmithKline Pharmaceuticals is set to increase its field-force to support growth in its vaccines, oncology and other speciality ...

OUTSOURCING: Genpact net income rises 122% in 2008
New Delhi, Feb. 18 BPO major Genpact on Wednesday posted a net income of $125.1 million for 2008, up 122 per cent over 2007, while the revenue rose 26 per ...
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Markets (Feb 18)
Nifty (At close)2,776.15(+5.65)
US Dollar (Buy/Sell)49.92/93
Brent crude (a bbl) Rs1,968
Gold (a gram) Rs1,435
Silver (a kg) Rs24,565

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Hindalco’s US arm Novelis posts $1.8-b loss
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