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Popular Articles

Emami merges Zandu Pharma's FMCG business
Kolkata-based Emami Ltd, which acquired Zandu Pharmaceuticals in October 2008 for Rs 750 crore, has decided to merge the fast moving consumer goods (FMCG) business of Zandu Pharmaceuticals with its counterpart in Emami.

Power rules IPO market
"Power" seems to be the buzzword when it comes to big-ticket IPOs.

News of the day

Steel pipe sector looks to grow 25% on demand from developed nations
The Rs 15,000-crore steel pipes industry is set to grow 20-25 per cent in the next 3-4 years following massive investment laid out on energy security by the governments of developing economies. Developed economies require a change in existing pipelines that were installed over 25 years ago and demand is likely to emerge from various sectors of global economies.
Small Business

ICICI Bank slumps on weak Q3 numbers

The stock ended at Rs 845, down 1.5% from its previous close. The counter clocked volumes of 7.43 lakh shares on the BSE. ________________________________________________ UCO Bank seeks shareholders" nod for fund raising Negative view on state-run oil cos: Fitch Jan cement sales in high double-digit The country’s largest private sector lender said that its consolidated net profit in Q3FY2010 fell 26.36 per cent to Rs 1,148.66 crore largely due to a loss on the treasury portfolio. The bank’s consolidated total income declined by 16.23 crore to Rs 14,176.84 crore. On a standalone basis, ICICI Bank’s net profit fell 13.45 per cent to Rs 1,101 crore during the quarter as other income fell.


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