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IRB Infra Q2 PAT jumps 80% at Rs 74.31 cr
Mumbai-based IRB Infrastructure Developers today reported an 80 per cent jump in profit after tax (PAT) at Rs 74.31 crore in the second quarter ended September 30, 2009.

Credit information bureaus trip on new FDI norms
The new Foreign Direct Investment (FDI) norms, which stipulate changes in the way foreign investment in a domestic company is calculated, have put a roadblock in the path of credit information bureaus, which are eager to rope in private sector banks as investors.

News of the day

New GST date likely tomorrow
The government is likely to miss the April 1 deadline to introduce the Goods and Services Tax (GST), and a decision on a fresh date is expected tomorrow.
Business Ideas

VE Commercial Vehicles' October sales up 65%

Auto maker VE Commercial Vehicles today reported 65.11 per cent growth in its total sales of Eicher trucks and buses in October at 2,257 units. - Eicher subsidiary signs MoU with Vinn Group - Auto sales vroom 30% on festive spirit - Hero Honda reports marginal increase - TVS sales up 12% - Tata Motors mulls letting assemblers brand Nano">Tata Motors mulls letting assemblers brand Nano - First base The company had sold 1,367 units in the same month last year. Domestic sales increased by 71.09 per cent to 2,024 units, compared with 1,183 units in the same period a year ago, the company said in a statement. Exports for the month grew 26.63 per cent to 233 units compared to 184 units last year. Sales of light commercial vehicles in the Indian market during the month also went up by 77.97 per cent to 1,680 units, against 944 units in October, 2008. Heavy commercial vehicle sales also recorded a jump of 21.15 per cent at 126 units against 104 units in October last year, it added.


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