Popular Articles

GE Healthcare eyes PPP route
GE Healthcare is bullish on the public sector in India and is aiming to rake in substantial earnings through the public-private partnership (PPP) route. The company has already worked on projects with the Gujarat and Maharashtra governments and is looking to partner with West Bengal, among others.

Top law officers ask NTPC to move SC on RIL gas row
India"s top two law officers have advised NTPC to move Supreme Court at once to secure gas at a contracted price from Reliance Industries (RIL), a position in variance with Oil Ministry"s plea on the Ambani borthers" gas dispute.

News of the day

BCCI extends Sahara's contract as team sponsor
The Board of Control for Cricket in India (BCCI) has extended Sahara"s contract for another six months as the Indian team’s sponsor for the same price the company had paid earlier. Sahara had paid around Rs 1.9 crore per test match and one-day international (ODI), while it will pay Rs 1.5 crore for T20 matches.
International Business

BPCL Q3 profit declines 52% to Rs 379 cr

The government-run Bharat Petroleum Corporation (BPCL) today reported a fall of 52.6 per cent in net profit at Rs 379.09 crore for the third quarter of 2009-10. - Central Bank Q3 dips 13% to Rs 306 cr - Bank of India Q3 net dips 53% to Rs 405 cr - Marico Q3 net up 22% at Rs 62 cr - Oriental Bank Q3 net up 15% to Rs 289 cr - DLF"s net profit dips 30% - Dabur net up 27.04% It had a net profit of Rs 799.84 crore in the year-ago period. Net sales of the oil refiner and marketing firm rose to Rs 32,161.24 crore during the quarter ended December 2009 from Rs 31,884.48 crore of the corresponding quarter last fiscal, BPCL said in a filing to the Bombay Stock Exchange (BSE). The state-run company"s market sales rose to 7 million tonnes compared to 6.84 million tonnes of the same period previous financial year. For the nine-month period ended December, BPCL reported a net profit of Rs 834.44 crore, while the company had suffered a net loss of Rs 2,892.12 crore during the corresponding period a year earlier. Shares of BPCL today fell by 2.24 per cent to settle at Rs 542.55 on the BSE.


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