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Godrej Consumer Products' net triples
Godrej Consumer Products Ltd (GCPL), the fast moving consumer goods (FMCG) company, showed a consolidated net profit of Rs 93 crore for the quarter ended September, almost three times the Rs 34.7 crore figure posted in the corresponding quarter last financial year.

IOC to supply cleaner petrol, diesel to 13 cities from Apr 1
Indian Oil Corp, the nation"s largest refiner, and other state-run refiners will supply Euro -IV grade petrol and diesel in 13 big cities from April 1, but supply of the cleaner fuel to rest of the country may be delayed by three to six months.

News of the day

A dozen banks to get new chiefs this year
If 2009 was a year when three of the country’s largest private sector financial services groups saw new faces at the top, next year could see over a dozen new faces lead state-owned financial sector entities.
Business Ideas

Bajaj Auto up on expansion plan

Bajaj Auto shares rose 6.52 per cent to Rs 1,304.5 on the proposed increase in its motorcycle production. Bajaj’s plan to raise domestic motorcycle production by about 25 per cent in August 2009 came as a response to stronger demand in the segment. - Bajaj Auto at new high; earnings, growth plans buoy - Bajaj Auto two-wheeler sales flat in July - Bajaj to launch new motorcycle in four months - Accelerate to XCD - Bajaj Auto hits new high, slips 2% at close - Recovery hopes in early results However, two-wheeler sales of Bajaj Auto were flat in July at 168,731 units, a drop of 0.72 per cent, as compared to 169,971 units sold in the same month a year ago. The stock opened at Rs 1,220 (the lowest point of the day) and made an intraday high at Rs 1,356. The stock gained 32 per cent in the last one month.


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