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M J Antony: Punishing the farmer
M J Antony / New Delhi November 25, 2009, 0:06 IST

Eveready PAT at Rs 11.03crore
Eveready Industries India has recorded a profit after tax of Rs 11.03 crore in the third quarter ended December 31, 2009, an increase of 31 per cent over the same period last year on the back of higher sales. Net sales for the quarter stood at Rs 245.96 crore, an increase of 15 per cent. Prices of zinc, a key input material, was higher during the quarter compared to the same period last year, but was compensated by the appreciating rupee during the quarter. Battery and flashlights turnover registered a growth of seven per cent and 24 per cent during the current quarter. An overseas company, Everspark Hong Kong Private Limited has been incorporated by the company for commercial benefits on the company’s sourcing of input materials and goods from China.

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Sugar industry to take Centre to court
The sugar industry is all set to challenge the recent amendment to the Essential Commodities Act, which seeks to introduce a fair and remunerative price (FRP) for sugarcane, besides absolving the government of a Rs 14,000-crore levy price obligation arising out of several court rulings.
Management

One more swine flu death in Pune; toll rises to 34

One more person died of swine flu here, taking the death toll in the viral infection in the city to 34, health officials said today. - Novartis" swine flu vaccine show encouraging results - Ranbaxy receives govt order for Tamiflu - Swine flu countrywide toll rises to 102 - GSK plans to launch H1N1 drug in India - Azhagiri inaugurates swine flu health call centre - Mexico could have 1 mn swine flu cases: minister Sandeep Dayne (35) died last night at a private hospital where he had been undergoing treatment since August 28. Meanwhile, six fresh cases of the viral infection have been detected in the city, worst hit by the pandemic. Pune branch of Indian Medical Association (IMA) has announced that it would hold workshops to train doctors in rural areas to handle suspected swine flu cases.


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