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Popular Articles

Silicon Valley 'bloodbath' leaves entire office buildings empty
Silicon Valley is beset by the biggest office property glut since the dot-com bust, leaving the US technology hub with empty high-rises and office parks that make it impossible for landlords to sustain average rents.

IDBI Bank moves ahead on bank buy
IDBI Bank had completed due diligence on a private bank for a possible acquisition, Chairman and Managing Director Yogesh Agarwal said today. “Talks are on. Due diligence has been done. I cannot commit on the time-frame,” he said on the sidelines of Bancon 2009-10.

News of the day

Govt considering to cancel NTPC's Rs 2,000-cr order
In the face of alleged multi- crore rupee kickback, which is being probed by CBI, the government is considering cancelling power PSU NTPC’s Rs 2,000-crore contract with a Russian equipment firm.
International Business

Jaiprakash Q3 net down 39% at Rs 103 cr

Jaiprakash Associates posted a 38.9 per cent decline in its net profit at Rs 103.02 crore for the third quarted ended December 31, 2009. - UltraTech Cement net dips 18% to Rs 196 cr - Marginal rise in RIIL Q3 net - TCS third quarter net up 33.9% - Jaypee commissions HP cement unit - IDBI Bank Q3 net up 29% at Rs 287 cr - TCS Q3 net up 34% at Rs 1,824 cr The company had a net profit of Rs 168.62 crore in the corresponding quarter a year ago, Jaiprakash Associates said in a filing to the Bombay Stock Exchange (BSE). The total income jumped 109% to Rs 2,963.83 crore in the third quarter from Rs 1,416.82 crore in the corresponding period a year-ago. Shares of the company closed at Rs 163.25, down 0.8 per cent on the BSE today.


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