Business

India Cement has declared its third quarter results of FY10. It has reported 43.55% decline in its net profit of Rs 35 crore as against Rs 62 crore.
Net sales increased 14.44% to Rs 864 crore from Rs 755 crore.
Bottomline was way below the markets expectations while topline was better-than-estimates; CNBC-TV18 was expecting the net [...]

A benchmark index of Indian equities Monday recovered from its morning low, but was still ruling 97 points lower about an hour before noon.
The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 16,847.7 points, was at 16,762.18 points, down 97.5 points or 0.55 percent from its previous close at 17,051.14 [...]

India’s largest car maker Maruti Suzuki Saturday reported that net profits during the third quarter ended Dec 31 had tripled to Rs.687.53 crore, largely due to improved sales.
The company, in which Japan’s Suzuki Motor Corp has a 54.2 percent stake, saw net profit during the third quarter of 2008-09 drop to Rs.213.57 crore, due to [...]

A benchmark index of Indian equities lost 694 points this week, ending the week in red for the first time this year with domestic and foreign traders choosing to step on the selling pedal.
The selling was rampant across broader markets as well, which in recent weeks had managed substantial gains.
The 30-share sensitive index (Sensex) of [...]