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Popular Articles

Disinvestment not a forgotten word in 2009
Disinvestment of public sector companies gathered steam in the first year of UPA-II that saw two PSUs-- Oil India and NHPC-- raising around Rs 8,600 crore from IPOs and the way was cleared for divestment in three more state-run power companies in the new year.

Not the right medicine
Business Standard / New Delhi November 03, 2009, 0:43 IST

News of the day

Tata Steel's skills on 'people issues' need honing: MD
Having faced delays in land acquisition for several projects, Tata Steel would have to sharpen its skills in dealing with people issues, said Managing Director H M Nerurkar.
Corporate

Ispat Industries weak on higher losses

The stock dipped further to a low of Rs 19.50 - down 7% from the day"s high. It finally ended with a 5% loss at Rs 19.75. Over 7.41 million shares were traded on the BSE today. ____________________________________________ Spice Communications zooms 13% amid heavy volumes Hero Honda accelerates on good sales numbers Jindal Steel brightens on acquisition buzz The stock opened at Rs 21 and touched a low of Rs 20. The scrip is now trading at Rs 20, down 2.5% from the previous close. The counter has clocked volumes of 1.08 million shares as compared to the two-week daily average traded volumes of 9.70 million shares on the BSE. The company has posted a net loss of Rs 79.4 crore for the quarter ended September 30, 2009 as compared to net loss of Rs 26.7 crore for the quarter ended September 30, 2008. Total Income has decreased 36% to Rs 2,047.96 crore as compared to Rs 3,223.19 crore for the quarter ended September 30, 2008.


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