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Saturday, February 21, 2009
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CORPORATE RESULTS

ELECTRICAL GOODS: ABB’s net up 6.8% with strong order backlog
Fresh orders fall 37% in Q4. Bangalore, Feb. 20 A strong order backlog helped ABB contain deeper impact on its steep fall of 37.1 per cent in fresh orders for the fourth quarter December 2008 even as the power and automation technologies company ...

PRIVATE BANKS: TMB net profit rises 60%
Tuticorin-based Tamilnad Mercantile Bank’s net profit has increased 59.73 per cent, from Rs 71 crore to Rs 114 crore, on a year-on-year basis. According to Mr G. Narayanamoorthy, Managing Director and CEO, the total income grew from Rs ...

ELECTRICAL GOODS: Areva T&D Q4 profit dips 34% on high input cost
New Delhi, Feb. 20 Areva T&D India Ltd on Friday reported a dip of 34 per cent in fourth-quarter net profit, with raw material costs surging ...
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Markets (Feb 20)
Nifty (at close)2,736.45(-52.90)
US Dollar (Buy/Sell)49.72/74
Brent crude (a bbl) Rs2,043
Gold (a gram) Rs1,444
Silver (a kg) Rs24,400

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