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Popular Articles

Advance tax deposits in Q1 at last year's level
Advance tax collections in the first quarter of fiscal 2009-10 have remained at the same level as last year, at around Rs 23,000 crore. These collections had showed a 20 per cent growth in June 2008.

Airline, hotel stocks catch cold on flu fear
The rapid spread of swine flu has hit share prices of top airline and hospitality companies as market players fear a sharp drop in travel and tourism due to the flu scare. In contrast, shares of top pharmaceutical companies have seen a sharp rise during the period.

News of the day

Rupee slips on dollar buys by importers
The rupee fell, reversing earlier gains, on speculation importers used the currency’s rise to a week’s high today to buy cheaper foreign exchange.
Management

Ashok Leyland Q4 net down 70% at Rs 53 cr

Commercial vehicle maker Ashok Leyland today reported a 70.47 per cent decline in its net profit at Rs 53.32 crore for the quarter ended March 31, 2009, compared with Rs 180.57 crore in the same period a year ago. The total income in the fourth quarter also fell by 52.15 per cent to Rs 1,231.23 crore as against Rs 2,573.03 crore in the corresponding period last year, the company said.


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