Month: July 2009

Foreign institutional investors (FIIs) were net sellers of Rs 168.79 crore (provisional) in the cash mart on Wednesday, as per information posted on the BSE website. While FIIs made gross purchases of Rs 2,533.12 crore, their gross sales amounted to Rs 2,701.91 crore. On the other hand, domestic institutional investors (DIIs) were net buyers of … Read more FIIs net sellers of Rs 169 cr (prov) in the cash mart on Wednesday

NMDC has announced its unaudited results for the quarter ended June 30, 2009. The company has posted a net profit of Rs 773.75 crore for the quarter ended June 30, 2009 against Rs 981.31 crore for the quarter ended June 30, 2008, down 21.15%. The total income of the company for the quarter has registered … Read more NMDC reports weak numbers for Q1 of FY10

Tata Steel has posted 46.93% decline in the net profit to Rs 789.83 crore for the June 2009 quarter as against Rs 1488.4 crore for the June 2008 quarter. The company’s total income dropped 8.16% from Rs 6165.14 crore for the June 2008 quarter to Rs 5661.89 crore for the June 2009 quarter.

Hindustan Dorr Oliver (HDO), an Indian EPC company plans, to foray into the new business of execution of nuclear power plants and allied activities including mining, etc. The company has received an approval from its Board of Directors for the same. The company operates business activities such as Engineered Solutions, technologies and EPC installations in … Read more Hindustan Dorr Oliver to foray into nuclear power plant projects

According to a government data, there are more than five lakh people who have subscribed to New Pension Scheme (NPS) as at June-end. Launched by the government for government employees, the benefits of NPS were extended to all citizens of the country from May 1, 2009. NPS allows 50% of the funds to invest in … Read more New Pension Scheme subscribers touch 5 lakh mark: Govt