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Popular Articles

Telangana crisis puts India-Sri Lanka Vizag ODI in jeopardy
The political crisis in Andhra Pradesh over the Telangana issue has hit cricket as well and the BCCI is planning to shift the second India-Sri Lanka one-dayer in Visakhapatnam to another venue due to security concerns.

Kraft to raise 7 bn pound via bonds to fund Cadbury buy
The US confectionery giant Kraft is preparing to tap the bond markets to raise as much as 7 billion pounds to help finance its 11.9 billion pound takeover of the British chocolate maker Cadbury, say media reports.

News of the day

S Kumars Nationwide FY'09 net at Rs 60 cr
Textile company S Kumars Nationwide today said its net profit stood at Rs 60.09 crore for the year ended March 31, 2009, while it had a net profit of Rs 178.13 crore in the same period previous fiscal.
International Business

Gammon India Q3 PAT at Rs 21 cr

Construction company Gammon India today reported a profit after tax (PAT) of Rs 20.87 crore for the third quarter ended December 2009, whereas the same was at Rs 510 crore a year earlier. - Parsvnath Developers Q3 net jumps fourfold to Rs 25 cr - Ashok Leyland"s Q3 net jumps 455% at Rs 105 cr - KVB net profit jumps 28% - JK Bank net profit rises 19% - City Union Bank net up 26.55% - Bank of Maharashtra net down 7% Figures of the current period are not comparable with the results of corresponding period a year earlier due to merger of Associated Tranrail Structures (ATSL) with the company, Gammon India said in a filing to the Bombay Stock Exchange (BSE). Meanwhile, in a separate statement to the BSE, the company said its Director Parvez Umrigar has resigned with effect from December 23, 2009. Net sales of the firm stood at Rs 1,014.54 crore at the end of December quarter, while the same was at Rs 653.64 crore last fiscal. For the nine-month period ended December, Gammon India posted a PAT of Rs 90.02 crore, whereas it was at Rs 67.84 crore during the year ago period.


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