Editor's Desk

Homi Khusrokhan + Partho S Datta likely to be Satyam CEO + CFO

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The government-appointed six-member board of directors of Satyam Computer Services is reported to have almost finalised the names of the chief executive officer (CEO) and chief financial officer (CFO) of the company. Former managing director of Tata Chemicals Homi Khusrokhan and ex-group finance director of the Murugappa group Partho S Datta are the names that … Read more Homi Khusrokhan + Partho S Datta likely to be Satyam CEO + CFO

FIIs net sellers of Rs 217.32 cr (prov) in cash market on Wednesday

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Foreign institutional investors (FIIs) were net sellers of Rs 217.32 crore (provisional) in the cash market on Wednesday, as per information posted on the BSE website. While FIIs made gross purchases of Rs 1,539.53 crore, their gross sales stood at Rs 1,756.85 crore. Domestic institutional investors (DIIs) ended as net buyers of Rs 601.88 crore … Read more FIIs net sellers of Rs 217.32 cr (prov) in cash market on Wednesday

Godrej Consumer Products Margin will improve from Q4

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Godrej Consumer Products (GCPL) held conference call to discuss the results for the quarter ended December 2008. Following are the key highlights of the meet: Highlights of the meet The company’s net sales for the quarter ended December 2008 on consolidated basis has increased by 25% to Rs 342.14 crore. The consolidated sales also include … Read more Godrej Consumer Products Margin will improve from Q4

Deepak Fertilizers to get Reliance Gas by March

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Deepak Fertilizers conducted a conference call to discuss its 3rd quarter results as well as its future growth plans. Mr. N. D. Joshi (Chief Financial Officer) addressed the call. Highlights The revenue during the quarter ended December 2008 grew by 34% to Rs 371.39 crore as compared to the same period last year. Although the … Read more Deepak Fertilizers to get Reliance Gas by March