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United Breweries Q1 net up 57% YoY
United Breweries (UBL), India"s largest brewery controlled by Indian billionaire Vijay Mallya, has posted a strong 57 per cent increase in net profit to Rs 35.5 crore for the first quarter of current fiscal as against the corresponding period of last fiscal. Net sales at Rs 556.4 crore was up 17 per cent, powered by a 25 per cent growth in strong beer.

Canon India eyes 35% revenue growth in 2010
Imaging equipment maker Canon has targeted a 35 per cent revenue growth in Indian market this year, which will take the company"s total revenue to Rs 1,100 crore, a top official said today.

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Indian Premier League: Returning home
Indian Premier League (IPL), the annual Twenty20 cricket championship aired on SET Max, will make a homecoming of sorts this year. In 2009, the second edition of IPL was played in South Africa because it coincided with the General Elections and the country’s security apparatus was stretched. This time it’s back to the country of its origin.
Small Business

India agrees to supply additional 30 MW power to Nepal

India has agreed to provide an additional 30 MW of electricity to Nepal, which is facing an acute power shortage. - "Melbourne has racists, but racism not endemic in city" - ISB placements kick off with Rs 40-lakh offer - INOX to buy majority stake in Fame India - Engineers India FPO in July - Rama Bijapurkar: Unprepared for our consumption">Rama Bijapurkar: Unprepared for our consumption - "We plan to acquire mid-size E&P companies" During talks between External Affairs Minister S M Krishna, who is here on a three-day visit, and Premier Madhav Kumar Nepal yesterday, India agreed to supply an additional 30 MW of power, the Prime Minister"s Foreign Affairs Adviser Rajan Bhattarai said. Nepal currently imports 20 MW of electricity from India from the Tanakpur barrage situated in the Indo-Nepal border. Besides the additional 30 MW of power which India has agreed to provide, Nepal has requested for another 30 MW of electricity to deal with the power deficit, Bhattarai said. At present, Kathmandu and other major cities of the country are going through an eight-hour electricity cut daily due to the low level of water in the reservoirs of the major power stations of Nepal.


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