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Satyam rebounds, ends up 3%
The scrip zoomed to a high of Rs 94 and finally ended at Rs 93, up 2.5% from the previous close. The counter clocked volumes of 30.16 million shares on the BSE as compared to the two-week daily average traded volume of 14.87 million shares .

Splitting the difference
Buffett: Kraft Foods and Cadbury may have agreed on the takeover of the UK chocolatier by the U.S. food conglomerate. But leading investors in both firms are still at loggerheads over the acquired company"s value.

News of the day

MMTC June qtr net dips 23% to Rs 41 cr
State-run trading firm MMTC today reported Rs 41.27 crore net profit for the first quarter ended June 30, 2009, down 23.23 per cent over the corresponding period a year ago.
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Tata Power Q1 PAT up 98% at Rs 377 cr

Decrease in fuel prices in the Mumbai licence area pulled down Tata Power"s revenues in Q1 FY10 to Rs 2,015.62 crore as against Rs 2,026.13 crore. - Patni Computers zooms to 52-week high - Boeing rolls out P-8A Poseidon; India to be first buyer - Hartmarx"s Chairman Homi Patel to resign - Patna national road project provides a sobering story - Patni, PTC & UTV Q1 result - Patni net Q2 up 14% y-o-y The Tata group company"s PAT increased 98 per cent to Rs 377.08 crore in Q1FY10 as against Rs 190.55 crore in the year-ago period, a press release issued here said. After statutory appropriations, the company"s PAT was up 144 per cent at Rs 396.97 crore, the release said. The company"s generation was up 8 per cent at 4,260 MUs as compared to 3,935 MUs last year while sales volume rose by 2 per cent at 4,180 MUs as against 4,115 MUs in the corresponding period last year, the release said. While its Trombay Thermal Power Station generated 2,778 MUs of power as compared to 2,669 MUs in the previous year, the Jojobera Thermal Power Station generated 803 MUs during the quarter as compared to 784 MUs. The Belgaum Independent Power Plant generated 107 MUs during the year as compared to 92 MUs in the previous year. Tata Power added 1,615 customers taking its total customer base to 27,620, the release said.


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