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Siemens posts Q4 net loss of euro 1.06 bn
German engineering conglomerate Siemens today said its net loss was at euro 1.06 billion (about $1.5 billion) in the fourth quarter of this year.

Sunil Jain: Lowest bidder wins!
Sunil Jain / New Delhi January 18, 2010, 2:42 IST

News of the day

Next hearing in Balco arbitration in January
The next date for arbitration hearings on the terms of sale of the government’s residual 49 per cent stake in Bharat Aluminium Company (Balco) to Sterlite Industries is January 31. A three-day hearing by a panel of three retired judges of the Supreme Court concluded today.
Home Business

Tulip Telecom Q3 net up 38% to Rs 69 cr

IT solutions provider Tulip Telecom today said its consolidated net profit rose by 38.19 per cent to Rs 68.60 crore for the third quarter ended December 31, over the same period corresponding fiscal. - NHPC turns around, posts Rs 581 cr profit - SCI Q3 net dips 53% to Rs 87 cr - GVK Power Q3 net zooms two fold to Rs 46 cr - Ackruti City Q3 net jumps four fold to Rs 77 cr - J-K Bank Q3 net rises 19% to Rs 139 cr - Kalpataru Power Q3 net up 121% at Rs 44 cr Total revenue rose to Rs 500.86 crore for the latest quarter against Rs 441.78 crore for the same period previous fiscal, Tulip Telecom said in a filing to the Bombay Stock Exchange (BSE). For the nine-month period ended December 31, 2009, the company posted a net profit of Rs 195.20 crore against Rs 144.79 crore for the same period last fiscal.


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