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India Infoline Investment Services ropes in M N Singh, Purwar
India Infoline Investment Services today said that its Board of Directors has approved the appointment of M N Singh and A K Purwar as independent Directors on the Board of the company.

Big 3 set to pay record bonuses of $30 billion this year
Goldman Sachs Group Inc, Morgan Stanley and JPMorgan Chase & Co’s investment bank, survivors of the worst financial crisis since the Great Depression, are set to pay record bonuses this year.

News of the day

Iron ore export up 13% in H1 on China demand
Iron ore exports jumped 13 per cent in the first half of the current financial year due to a sudden spurt in Chinese offtake as steel mills build their inventory.
Business Opportunities

Godrej Consumer Products net jumps 167% at Rs 93 cr

Godrej Consumer Products Ltd, the manufacturer and supplier of consumer durables, posted 167 per cent rise in consolidated net profit at Rs 93 crore for the quarter ending September 30, 2009 as compared to Rs 34.73 crore in the corresponding period last year. - Market wipes out gains of 5 weeks in 9 sessions - LG Electronics Q3 global sales soar to $11.2 bn - High Court approves merger of two units with Godrej Consumer - LG to invest Rs 25 cr in home appliances category - Early Diwali cheer for consumer durables firms - Analysts" corner Total consolidated income of the company sharply increased by 64 per cent to Rs 589.47 crore from Rs 358.81 crore in the quarter under consideration. On standalone basis, the company’s net profit during the second quarter of the current financial year jumped 112% to Rs 68.54 crore from Rs 32.26 crore on a turnover of Rs 349.61 crore versus 272.14 crore.


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