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Popular Articles

FIIs up ante on Ambani stocks; small investors pull out
In the midst of a continuing legal battle over gas dispute between two Ambani groups, foreign investors seem to have got more confidence than the small individual investors of the country in the strength of the businesses run by the two industrialist brothers.

Reliance Infratel files draft prospectus with Sebi
Anil Ambani group firm Reliance Communications (RCom) today said its telecom tower subsidiary Reliance Infratel has filed the draft prospectus for its initial public offer with market regulator Securities and Exchange Board of India (Sebi).

News of the day

OVL in talks for setting up refinery in Nigeria
ONGC Videsh, the overseas investment arm of state-run Oil and Natural Gas Corporation, is in talks to set up a refinery in Nigeria even as Indian companies look at sourcing LNG from African nations.
Small Business

Whirlpool Q3 net up by two fold

Home appliance maker Whirlpool today reported over two-fold increase in its profit after tax (PAT) at Rs 16.16 crore for the quarter ended on December. - Binani Cement Q3 net rises 573% - Union Bank Q3 profit slides 20% to Rs 534 cr - Dabur Q3 net jumps 28% to Rs 138 cr - Bank of Baroda Q3 net up 18% - Andhra Bank net up 29 pc - Vijaya Bank net down 20.65% The company has reported a PAT of Rs 6.91 crore for the quarter ended on December 31, 2008, a Whirlpool statement said. During the quarter under review, Whirlpool"s turnover grew by 24 per cent to Rs 524 crore, compared to Rs 423 crore in the corresponding period last fiscal. "The momentum in the current economic climate, plus our product leadership, gives us confidence about our business prospects going forward," Whirlpool of India Managing Director Arvind Uppal said.


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