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SBM to restructure loans of flood-hit
State Bank of Mysore (SBM) will restructure agriculture loans to the tune of Rs 1,200 crore in the flood affected districts of North Karnataka. The bank is predominant in four of the 14 districts affected by the floods.

Maruti's Sept sales to jump over 30%
The country"s largest carmaker Maruti Suzuki today said it expects September sales to increase by over 30 per cent due to robust demand during the festive season but cautioned that a looming hike in interest rates on car loans may not help in maintaining the momentum.

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Smartinvestor Special: PSU stocks as an investment theme
J Venkatesan, Fund Manager, Sundaram BNP Paribas MF spoke with Jitendra Gupta about PSU stocks as an investment theme.
Corporate

Apollo Hospitals net rises 13% to Rs 34 cr

Apollo Hospitals Enterprise (Apollo Hospitals) has reported a net profit after tax of Rs 34.06 crore for the quarter ended September 30, 2009, as against Rs 30.13 crore in the same period previous fiscal, an increase of 13 per cent. - AIOCD plans common branding for 20,000 retail outlets by Feb - Fortis Healthcare net rises 23% at Rs 13 cr - Tharoor now tweets to hit at Left - Bharat Biotech"s "INDIRAB" vaccine sales doubles - Apollo Group to invest Rs 1,800 crore - Apollo to offer tele-medicine to Sabarmati jail inmates While group’s health care business continues to report profit which stood at Rs 64.01 crore as compared to Rs 49.98 crore, a year ago, pharmacy business continues to report loss. The pharmacy business reported a loss of Rs 3.70 crore during the quarter as compared to Rs 3.50 crore loss last year. Total income rose to Rs 456.06 crore from Rs 364.83 crore, an increase of around 25 per cent. Health care service business contributed Rs 337.25 crore during the quarter as compared to Rs 283.04 crore, a year ago. Pharmacy business contributed Rs 118.85 crore as compared to Rs 80.03 crore.


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