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Global economy likely to see early recovery: OECD
The Organisation for Economic Co-operation and Development (OECD) today said the global economy is likely to witness an early recovery than expected before.

FCI to procure 2.6 million tonnes of paddy from Punjab this season
Food Corporation of India (FCI) would procure 2.6 million tonnes of paddy from Punjab in the ensuing kharif season, as compared to 213,000 metric tonnes it procured during 2008-09.

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Glenmark Pharma raises Rs 413 cr through QIP
Glenmark Pharmaceuticals has raised Rs 413 crore through its recently concluded Qualified Institutional Placement (QIP), which will be used towards its debt reduction plan, a top company official said.
Small Business

Zylog Systems Q2 net dips 21%

Chennai-based software company Zylog Systems posted a 21 per cent dip in its net profit for the second quarter ended Septmeber 30, 2009 to Rs 20.91 crore as against Rs 26.48 crore in the same quarter last year. - Zylog launches VoIP services in Gujarat - Zylog to invest Rs 210 cr on Wi-Fi; aims Rs 550 cr revenue - Zylog plans Rs 500 cr infra spend, eyes Singapore firm - Microsoft keen to partner Unique ID project: Bill Gates - Zylog Systems ties up with Aptilo Networks for back-end services - Zylog lines up Rs 200cr The net income of the company for the quarter rose to Rs 190.95 crore as compared with Rs 180.05 crore in the year-ago period. The total expenditure for the quarter also rose to Rs 162.71 crore as compared to Rs 153.79 crore in the year-ago period.


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