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Popular Articles

Water drawal by industries from Hirakud within limit
The water drawal by the industries from the Hirakud reservoir is much below the approved level, according to the state minister for industry and steel and mines, Raghunath Mohanty.

TCS third quarter net up 33.9%
India’s largest IT services provider, Tata Consultancy Services, beat market expectations to post a 33.9 per cent jump in its net profit at Rs 1,824 crore for the quarter ended December 31, 2009 as compared to the same period a year ago. Its revenue, too, jumped 5.1 per cent on strong volumes of 6.6 per cent to touch Rs 7,649 crore year-on-year.

News of the day

ONGC profit rises 23% to Rs 3,053 cr in Q3
Oil & Natural Gas Corporation (ONGC) posted an increase of 23.38 per cent in net profit at Rs 3,053.58 crore for the quarter ended December 31, 2009, as compared to Rs 2,474.81 crore in the corresponding quarter last year. The state-owned company reported the highest net profit growth in the last six quarters.
Small Business

US markets slump; Wipro bucks trend

US markets slumped on Thursday. - Commercial tax collection up 19% - US markets mixed on Fed decision - Sensex snaps 3-day losing streak, up 35 points - Free Microsoft software fails to scare rivals - Uptick in handicrafts exports may continue: Maran - US markets slip; Dr Reddy"s bucks trend The Dow shed 133 points (1.2%) to 10,308. The Nasdaq dropped 27 points (1.2%) to 2,180. Indian ADRs were all in red. HDFC Bank slumped 4% to $123.17. ICICI Bank shed 2.6% at $34.21. MTNL and Genpact were down 2% each at $3.03 and $13.84. Satyam Computers, Patni Computers, Sterlite and Tata Communications declined around 1% each. However, Wipro held strong gains and moved up 3% to $22.1. Dr Reddy"s was up 1% at $25.12.


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