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'Tightening worries are a bit overblown'
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Allied Digital plans to raise $50 mn, stock-split
IT infrastructure services provider Allied Digital Services today said it is planning to raise $50 million (about Rs 244 crore) through issue of securities on a preferential basis.
Small Business

Tata Motors reports Q3 turnaround with Rs 400 cr net

Tata Motors, the country"s leading automobile manufacturer, reported a net profit of Rs 400.14 crore for the third quarter ended December 31, 2009. - RNRL Q3 net up 3% to Rs 25 cr - Reliance Power Q3 net rises 26% to Rs 134 cr - BEL Q3 net jumps nearly twofold to Rs 224 cr - Info Edge Q3 PAT dips 9% to Rs 15 cr - CPCL Q3 net at Rs 220 cr - IOC Q3 profit plunges 76% to Rs 697 cr The company had a net loss of Rs 263.26 crore in the December quarter of FY09, Tata Motors said in a filing to the Bombay Stock Exchange (BSE). Total income grew by 84.85 per cent to Rs 8,980.11 crore in the third quarter from Rs 4,858.13 crore in the corresponding period a year-ago. Shares of Tata Motors closed at Rs 694.35, down 2.92 per cent from the previous close on the BSE today.


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