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'Focus on few stocks'
Vishal Chhabria / Mumbai December 28, 2009, 0:01 IST

Parsvnath Developers Q1 net dips 81% at Rs 14 cr
Real estate firm Parsvnath Developers today reported a net profit of Rs 13.81 crore for the first quarter ended June 30, a 81 per cent decline over the corresponding period a year ago. The company had posted a net profit of Rs 73.96 crore in the same period last fiscal.

News of the day

Bhupesh Bhandari: Royal challenge
Ranibai Rajaram Chhabria, the mother of the late Manohar Rajaram ‘Manu’ Chhabria, has challenged in court the merger of Shaw Wallace with Vijay Mallya’s United Spirits, the Press Trust of India reported a few days ago. She has claimed that her son died intestate seven years ago and under Hindu Law she is entitled to a fifth of his estate, it said.
Small Business

C&C bags two orders worth Rs 375 cr

C&C Constructions Ltd, a Gurgaon-based infrastructure development company, has bagged two orders worth Rs 375 crore from Jaiprakash Associates Ltd. - GVK Power inks power purchase deal with Punjab govt - GMR posts 33% rise in net profit at Rs 280 cr - Govt likely to allow AAI to raise Rs 5,000 cr - IBM, India Glycols team up for IT infrastructure services - Second phase of Bharat Nirman to have higher targets: Patil - Govt to soon clear PPP projects in infrastructure The orders does not include the cost of major raw materials and capital equipment, which are being supplied by Jaiprakash Associates Ltd. The orders received are for constructing a rigid pavement and granular layers on 110 kms of road length on the Yamuna Expressway. The work is to be completed by September 2010. The order book of the company as on date is valued at over Rs 3,100 crore, which shall get executed over a period of next 30 months.


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