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Markets extend losses
The markets have extended losses in the last few minutes. The Sensex is now down 54 points at 17,561. The Nifty is down 15 points at 5,248.

Should RBI raise interest rates?
- Oil imports rise first time in over a year - 2010 set to be year of indices trading - Crisil to research illiquid stocks to help investors - "Indian regulatory regime has brought us a world of good" - Global crisis pinches FDI purse in 2009 - Experts debate rollback of lenient policy

News of the day

Consumer finance: Smaller players fill the void
Dealers bank on small NBFCs as big players opt out.
Home Business

SCI Q3 net dips 53% to Rs 87 cr

Shipping Corporation of India (SCI) today reported a decline of 53 per cent in its net profit at Rs 87 crore for the third quarter ended December 31, 2009. - GVK Power Q3 net zooms two fold to Rs 46 cr - Ackruti City Q3 net jumps four fold to Rs 77 cr - J-K Bank Q3 net rises 19% to Rs 139 cr - Kalpataru Power Q3 net up 121% at Rs 44 cr - Man Ind"s Q3 net profit up ten-fold at Rs 30.92 cr - Alok Ind Q3 net profit up 16.5% at Rs 58 crore Total income declined to Rs 982 crore for the quarter ended December 31, from Rs 1,201 crore in the same quarter previous fiscal, SCI said in a filing to the Bombay Stock Exchange.


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