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Popular Articles

J K Paper sets the ball rolling for carbon credits
J K Paper Mills, a leading paper manufacturing company has initiated the process of registration with the United Nations Framework Convention of Climate Change (UNFCCC) on carbon credits in the forestry sector.

M&M net vaults 849% to Rs 413 cr
Tractor and utility vehicle (UV) manufacturer, Mahindra & Mahindra (M&M), today posted a net profit of Rs 413 crore for the quarter ended December 31, 2009. This was an increase of 849 per cent, aided by the low profit base of Rs 43 crore in the same quarter of the previous financial year.

News of the day

'MFIs need Rs 2,500 crore to meet norms'
Microfinance institutions (MFIs) in the country need Rs 2,500 crore equity to meet statutory requirements and expand footprint.
International Business

Simplex Infra Q2 net declines marginally

Simplex Infrastructures profit during the second quarter fell marginally to Rs 27.92 crore from Rs 28.07 crore during the same quarter last year. - HDIL"s profit declines 44.07% - Coal, power, cement push infra by 4% - Suchirindia signs MoU with Kyrgyz Republic for land develoment - Era Infra bags two orders worth Rs 147cr - Smoother ride for commercial vehicles as economy recovers - Core sector expands by 7.1% in August The consolidated sales for the quarter is 5 per cent higher at Rs 1,053 crore, and operational profit is at Rs 113 crore. The order intake during the quarter is at Rs 1,523 crore comprising power plants 43 per cent, Industrial Plants 21 per cent, Buildings & Housing 21 per cent (entirely from foreign territories), among others.


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