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BEML net up 45%; order book at Rs 5,036 cr
BEML, the mining and construction, defence, rail and metro coach manufacturer under the ministry of defence, today reported a healthy 45.1 per cent rise in its net profit at Rs 172 crore for the fourth quarter ended March 31, 2009 compared to the corresponding quarter last year. The rise was mainly on account of a 75 per cent rise in orders for rail and metro coaches.

Farmers' resounding no to Bt brinjal
It was the biggest line-up of farmers’ organisations and they came to Delhi from all parts of the country with one clear message: they did not want to grow the genetically modified (GM) version of one of the country’s most popular vegetable, the brinjal. The leaders looked mild enough but they said they would resort to “direct action ” if their voice was not heard and they said they represented 200 million farmers in the major brinjal-growing states.

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Tata DOCOMO launches per second roaming
Mobile player Tata DOCOMO today launched per second billing for roaming across the country to take on rival Airtel, which announced a major cut in roaming charges last week.
Public Company

Jindal Saw pares gains after stock split

Jindal Saw"s board has announced that it would split its equity shares, with a face value of Rs 10 each, into five equity shares of Rs 2 each. - Jindal Saw Q3 net up 46% at Rs 146 cr - NEWSALERT: Jindal Saw to consider share split on Oct 15 - Unhealthy competition to hit HSAW pipe manufacturers - Home of sentiments - Jindal Saw withdraws its application from FIPB - Jindal Saw Q2 net zooms 94%; positive on outlook The shares ended the day flat at Rs 742, marginally down by Rs 2 or 0.3%, on the BSE. The stock had opened strong at Rs 754 and touched a high of Rs 767 and a low of Rs 732. A total of 437,358 shares were traded on the BSE as against the 2-week average of 215,670. __________________________________________________________________ (Updated at 11.16) With stock-split plans on the anvil, Jindal Saw is trading at 762, up Rs 17 or 2.2% on the BSE, The Board of Directors of Jindal Saw, at the meeting scheduled today, will consider splitting the face value of the company"s equity shares. The board will also consider the quarterly financial results for the third quarter ended September 30, Jindal Saw said in a filing to the Bombay Stock Exchange.


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