Popular Articles

US markets close in the green
The US markets have ended on a positive note.

No variable pay for TCS trainees for first six months
The country"s largest software exporter Tata Consultancy Services (TCS) today announced that trainees joining it this fiscal would not be eligible for variable pay of about Rs 5,000 a month in the first six months.

News of the day

Better pricing drew more fliers in Apr
Domestic air traffic in April was 14.8 per cent less compared to the same period last year. On the other hand, passenger load factors for all carriers rose significantly compared to the previous month, as a result of smarter pricing and cuts in capacity.
Corporate

Century Textiles, TTML, Glenmark Pharma, MRF Q1 result

Century Textiles - Century Textiles gains on land development plan - Century Textiles to spend Rs 625 cr to develop mill land at Worli - TTML FY09 net loss at Rs 159.60 cr - Century Textiles FY09 net dips 15% at Rs 236cr - Tata Tele: A mountain to climb - Slowdown: Century stops tyre yarn ops in Kalyan Century Textiles and Industries has posted a rise of 126.59 per cent in its net profit for the quarter ended June 30 at Rs 141.62 crore, compared with Rs 62.50 crore last year. TTML Tata Teleservices (Maharashtra) Ltd"s (TTML) net loss remained flat at Rs 34.26 crore in the first quarter ended June 30, 2009, compared with Rs 34.72 crore recorded during the same period of previous financial year. Glenmark Pharma Glenmark Pharmaceuticals recorded a net profit of Rs 53.45 crore for the first quarter, a sharp drop of 53 per cent as compared with Rs 115.37 crore during the corresponding period the previous year. MRF Despite MRF facing labour problems at of its six plants, one near Chennai and at Puducherry, the company"s net profit during the first quarter rose to Rs 125 crore, compared with Rs 31 crore in the quarter a year earlier. Total sales was Rs 1,438 crore, compared with Rs 1,274 crore in the quarter a last year.


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