Categories

Business Ideas
Business Opportunities
Corporate
Home Business
International Business
Management
Online Business
Public Company
Public Relations
Small Business

Popular Articles

Slowdown hits remittances, says Western Union
With the impact of global slowdown still persisting across countries, there may be a dip in remittances inflow into the country in 2009, according to Rajesh Mehta, director marketing – South and South East Asia, Western Union Services India.

payday loans online
Peerless focus on new biz
In keeping with the Reserve Bank of India (RBI) guidelines for the Residuary Non-Banking Finance Company to exit deposit-taking business by March 2011, Kolkata-based Peerless General Finance & Investment Company scaling down its RBFC operations, while focusing on new business lines like asset and wealth management.

News of the day

Maruti to expand Manesar factory capacity by 40% in two years
Maruti Suzuki plans to expand its passenger vehicle production capacity at Manesar, near here, by around 2,00,000 units over the next two years, said R C Bhargava, chairman. Currently, the plant at Manesar, the company’s second, which produces the company’s new models like the Swift, A-Star and the Ritz, has a capacity of around 3,00,000 units.
Small Business

BHEL net up 36%

Bharat Heavy Electricals Ltd (BHEL), the country’s largest power equipment manufacturer, has posted a 36 per cent jump in net profit for the quarter ended December 2009 on the back of lower raw material costs. - Idea Cellular net drops 22.5% - Exim Bank of India gives LOC of $60 mn to Rwanda govt - BHEL Q3 net up 35% to Rs 1,072 cr - Results today, tomorrow: BHEL, ICICI Bank - BHEL eyes acquisition, JVs in US, Europe - BPCL to commence fuel supply from Bina refinery in Sept The company posted a net profit of Rs 1,072.59 crore in the quarter as compared to Rs 790.56 crore posted in the corresponding quarter last year. “The increased profit is mainly driven by lower raw material costs. The material costs that are now rising will affect our operations next year,” said B P Rao, chairman and managing director of the company. Total income of the company in the three months ended December increased 17.5 per cent at Rs 7,229.2 crore, as compared to the corresponding quarter last year. The company has booked orders worth Rs 36,400 crore so far in the current financial year, aggregating to about 14,900 Mw. “We have booked orders for Rs 16,000 crore in the third quarter alone,” Rao said.


Add your comment:
Name:
Site address: http://
Your message:
Enter today\\\\'s date, 2 digits
(spam protection):

© Copyright 2009